Asian stocks slump as demonstrations and lockdowns in China cloud the picture.

On Monday, Asian stocks fell, with Hong Kong temporarily falling more than 4% as a result of weekend protests in several places against China's draconian zero-COVID lockdowns.

After a mixed, truncated day on Wall Street on Friday, US futures were down. Oil prices have dropped by mor...

Oil prices are falling as China's economic slowdown harms demand

According to Reuters, oil prices were neutral on Friday as China's COVID-19 lockdowns dragged on the forecast for petroleum demand, but supply disruption fears stemming from Western sanctions limiting Russia's crude and product exports supported prices.

Brent crude futures were ...

Europe Mandates Lockdowns and Vaccines as Cases of New Variant Rise

In an attempt to contain the massive spread of the Coronavirus, European leaders have rushed to announce mandates on vaccines, travel bans, and new lockdown measures.

Austria has taken the most severe measure of putting the entire county into a lockdown till 11th December at least to ea...

SEVERE LOCKDOWNS IN HONG KONG, GOVT WARNS BREAKING INTO HOUSES IF LEFT UNANSWERED

HIGHLIGHTS

• Hong Kong health specialists say they may break into homes if occupants inside Covid lockdown zones don't answer the entryway, as they venture up their fight to check Covid-19 contaminations

The public authority implemented lockd...

NIKE BACK IN MIDST WITH ROBUST ONLINE SALES FROM SCHOOL STUDENTS

• Powerful online sales from ecommerce sites and accelerated demand from Chinese shoppers and students trudging back to school are expected to have helped Nike NKE.N sweep profits in the first quarter.
• This has been a drastic improvement from the surprise loss it posted...