The Asian markets concluded Tuesday’s trade mostly in green, despite lingering concerns about a slowdown in China and on worries about the situation in Ukraine. Hong Kong and South Korea markets remained shut for the trade today on account of Buddha’s Birthday Holiday, while the Japanese market is closed for Greenery Day. New home sales in Shanghai fell to the lowest in 11 weeks as sluggish momentum continued to prevail among home buyers and real estate developers. The purchases of new residential properties, excluding government-subsidized affordable housing, dropped 35.9% week on week to 125,900 square meters. The average cost of the new houses, meanwhile, rose 6% from the previous week to 27,933 yuan ($4,505) per square meter. Taiwanese CPI fell to a seasonally adjusted annual rate of 0.16%, from 0.30% in the preceding quarter. Philippines CPI rose to a seasonally adjusted annual rate of 0.4%, from -0.1% in the preceding quarter.
| |||||||||||||||||||||||||||||||||||||
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: