HONG KONG – Asian markets were mixed Tuesday as investors scrabbled to recover from the previous day’s rout but fears over the impact of China’s Covid-induced lockdowns and the Federal Reserve’s plan …
Monthly Archives For April 2022
China to further tap consumption potential
China on Monday unveiled guidelines to further tap the country’s consumption potential, with detailed measures to tackle short-term bottlenecks and boost longer-term consumption vitality.
China logs 1,908 new local Covid-19 cases, 52 more deaths in 24 hours
The Chinese mainland reported 1,908 new locally transmitted confirmed COVID-19 cases and 52 more deaths in the past 24 hours, said the National Health Commission on Tuesday. Of these local cases, …
Covid-19: China expands mass testing to most parts of Beijing
China’s capital Beijing swiftly expanded its Covid-19 mass testing from one district this week to most of the city of nearly 22 million, adding to expectations of an imminent lockdown similar to …
Beijing expands mass testing as lockdown fears grow
Beijing on Tuesday launched mass coronavirus testing for nearly all its 21 million residents, as fears grew that the Chinese capital may be placed under a strict lockdown like Shanghai.
Australia, NZ dlrs sent reeling as China worries shake commodities
Both were undermined by sharp falls in commodity prices with iron ore – Australia’s biggest export earner – particularly hard hit as China accounts for 70%-75% of the world’s imports of the …
China’s cross-border e-commerce registers growth despite pandemic
Driven by factors including smoother logistics channels and more convenient customs clearance policies, cross-border e-commerce in landlocked Anhui has gained momentum. This impetus offers a glimpse …
Share Market LIVE: Sensex, Nifty may see gap-up start; LIC IPO opens May 4, Campus Activewear IPO opens today
Domestic equity market benchmarks BSE Sensex and Nifty 50 were likely to open in green in Tuesday, a day after tumbling over 1% amid fears of tighter restrictions and a wider lockdown in Beijing.
China’s low Covid death toll prompts questions
Two years into the pandemic, China’s resurgent Covid-19 outbreak has revived questions about how the country counts deaths from the virus, with persistently low fatalities despite rising cases.
Jeff Bezos speculates whether Tesla’s ties to China will give the country any leverage over a Musk-owned Twitter
Twitter announced Monday that it accepted Elon Musk’s $44 billion buyout offer after initially being resistant to the Tesla CEO’s takeover proposal.
Mainland China property companies pull back in Hong Kong
Mainland Chinese property companies are scaling back their presence in Hong Kong as they struggle to deal with a liquidity crisis that has rocked the sector and forced the worlds …
China central bank to step up policy support for small firms hit by COVID
China’s central bank said on Tuesday it will step up prudent monetary policy support to the real economy, especially to small firms hit by COVID-19, responding to a media question seeking comment on …
Covid Lockdowns Send China’s Economy Reeling as Outbreaks Spread
China’s economy slowed rapidly in April as the costs of both a worsening Covid outbreak and the nation’s stringent approach to eliminating the virus took their toll. Most Read from BloombergElon Musk …
