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Chevron Hikes Dividend 6% as Oil Prices Surge Near $90 a Barrel

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January 27, 2022
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Investors seek refuge in China as Fed, inflation roil other markets

Foreign investors are piling into China at the start of 2022, seeing it as a haven from the inflation, growth and pandemic problems plaguing most other markets. Despite seeing returns last year eroded by Beijing’s regulatory and policy purge, global fund managers are pumping money into mainland equities and bonds, betting China’s stability pledges, monetary and fiscal easing and subdued inflation could shield them against volatility in other markets. Major central banks are preparing to withdraw the excess stimulus measures of the past couple of years, and the Federal Reserve is hastening monetary tightening to tame runaway inflation, potentially undermining stock values and earnings.

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New York identifies ‘disadvantaged communities’ that will receive extra climate funding

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