Shreyashi Sanyal,
Shreyashi Sanyal is a markets correspondent for CNBC.com in Singapore, covering stocks, currencies, economic events, financial trends and breaking news.
Biography:
https://www.cnbc.com/shreyashi-sanyal/
79%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
92%
Examples:
- The author occasionally presents information without providing enough context or clarification, which can be misleading.
Conflicts of Interest
75%
Examples:
- The article quotes a source stating that China will boost its defense spending by 7.2% in 2024 without providing any context or clarification on why this is necessary or what it means for China's military capabilities.
Contradictions
85%
Examples:
- China's inflation picked up pace in April but the Chinese economy shrank for a 19th consecutive month.
- Japan's Nikkei 225 fell 2.16% to lead losses in Asia markets but Standard Chartered predicts that bitcoin will reach $150,000 per coin and ether will hit $8,000 by the end of 2024.
- Singapore and Malaysia both released inflation reports that came in higher than expected but Hong Kong's Hang Seng index was slightly above the flatline.
Deceptions
67%
Examples:
- The article states that China has set its economic growth target at 'around 5%'. However, there is no context or clarification provided on what this means.
- The article states that South Korea has grown its economy by 0.6% in the fourth quarter of 2023 without providing any context or clarification on what this means for South Korea's economic future.
Recent Articles
Asian Stocks Mixed Amid Economic Data, U.S. Inflation Awaited: Chinese Inflation Picks Up, Potential Tariffs Pressure Markets
Broke On: Monday, 13 May 2024Asian stocks saw mixed movements on May 13, 2024, with Chinese markets reacting to economic data and potential U.S. tariffs, while Hong Kong's index rose due to property sector gains. Investors awaited key earnings and U.S. inflation figures. Meta's Disappointing Earnings Report Causes Decline in Technology Stocks and Asian Markets
Broke On: Thursday, 25 April 2024Meta Platforms' disappointing earnings report caused a decline in US technology stocks, including Nasdaq 100 contracts, with Meta accounting for over half of the drop. Elsewhere, South Korea reported a 3.4% year-on-year first-quarter GDP growth and SK Hynix saw an operating profit increase. Investors remain cautious due to upcoming US GDP figures and central bank decisions. Asian Stocks Rise on Focus of US Consumer Price Data Release
Broke On: Friday, 29 March 2024Asian stocks rise on Friday, with focus shifting to key US consumer price data due later in the day. The Federal Reserve's preferred consumer price reading will provide fresh clues about its policy outlook. China Sets Ambitious Economic Growth Target for 2024, Vows to Transform Economy
Broke On: Tuesday, 05 March 2024China sets 5% economic growth target for 2024, vowing to transform its economy. Premier Li Qiang announced the figure at the National People's Congress (NPC), emphasizing stability as crucial for development amid challenges such as a troubled property sector and an exodus of foreign capital.