ZIMO ZHONG

Zimo Zhong is a Hong Kong-based reporter covering Asian stocks and financial markets. He has been with Yahoo Finance since 2021. Prior to that, he worked for Reuters as an economics correspondent in Tokyo for three years. Zhong has also contributed to The Wall Street Journal, Bloomberg, and other major news outlets. His reporting focuses on the interplay between economic trends and financial markets in Asia and around the world.

98%

The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

95%

Examples:

  • Average hourly earnings rose 4.1% in May from a year earlier.
  • Most expect the Fed to leave its benchmark rate alone again, with inflation remaining sticky despite the high interest rates meant to tame it.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

90%

Examples:

  • Consumer inflation did resume slowing in April, but still remained at 3.4%.
  • Most economists believe no rate cuts are likely before September at the earliest.
  • U.S. futures edged higher and oil prices advanced.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

Mixed Signals on Wall Street: Southwest Airlines Surges Amid Activist Investor Interest, European Elections Upset Markets, and Inflation Data Awaited

Mixed Signals on Wall Street: Southwest Airlines Surges Amid Activist Investor Interest, European Elections Upset Markets, and Inflation Data Awaited

Broke On: Friday, 07 June 2024 Mixed Wall Street performance as investors await Fed interest rate decision and new inflation data; Southwest Airlines shares surge after Elliott Investment Management discloses $2bn stake; far-right parties make gains in French parliamentary elections, leading to snap election call and euro decline.
Japan's Economy Contracts as Asian Markets Mixed Amid Fed, BOJ Expectations and Political Uncertainty

Japan's Economy Contracts as Asian Markets Mixed Amid Fed, BOJ Expectations and Political Uncertainty

Broke On: Monday, 10 June 2024 Asian markets showed mixed performances on Monday, with Japan's economy contracting at an annualized 1.8% pace in Q1 and the U.S. jobs report revealing stronger-than-expected hiring and wage growth, leading to anticipation of no immediate interest rate cuts from the Fed. The Bank of Japan is set to announce its rate decision on Friday, while Chinese and Indian inflation numbers will be released on Wednesday.