World markets begin the year mixedAP, BANGKOKShares began this year mixed, with European benchmarks opening higher yesterday after a lackluster session for the few Asian markets not closed for New Year holidays. Germany’s DAX gained 0.6 percent in early trading to 14,002.67 and the CAC 40 in Paris added 1.2 percent to 6,550.08. A man walks past a screen showing the KOSPI and the KOSDAQ at the Korea Exchange in Seoul yesterday. The specter of recession in the US and other major economies, as well as a prolonged slump in China, are factors overhanging markets. On Friday, US markets logged more losses in quiet trading, closing the book on the worst year for the benchmark S&P 500 since 2008.

Source: Taipei Times January 02, 2023 23:21 UTC