Mortgage rates for first homes in 100 cities have fallen to 4.09 per cent from a peak of 5.74 per cent in September 2021, according to data compiled by Beike Research Institute Backed by Beijing’s…
Monthly Archives For November 2022
China banks pledge $162 billion in credit to developers, shares rally
HONG KONG/BEIJING (Reuters) – China’s biggest commercial banks have pledged at least $162 billion in fresh credit to property developers, bolstering recent regulatory measures to ease a stifling …
Dharmaj Crop Guard IPO opens for subscription, GMP rises; should you apply for the issue?
Dharmaj Crop Guard IPO comprises a fresh issue of shares worth Rs 216 crore and a sale of 14.83 lakh shares by promoters.
Protesters are rallying against China’s COVID-19 lockdowns in cities across the country. Here’s what started the movement
The show of civil disobedience among Chinese citizens, which appears to be gaining momentum, is being labelled as “extraordinary”.
China Covid-19 lockdowns shut delivery workers out of their homes
BEIJING: Overworked, underpaid and thoroughly fed up, Wang’s troubles deepened even further when authorities abruptly locked down the delivery driver’s Beijing apartment block earlier this month.O
Crowd Angered by COVID-19 Lockdowns Calls for China’s Xi to Step Down
Protesters angered by strict anti-virus measures called for China’s powerful leader to resign, an unprecedented rebuke as authorities in at least eight cities struggled to suppress demonstrations Sunday that represent a rare direct challenge to…
China’s Covid-19 lockdowns shut delivery workers out of their homes
The ruling Communist Party’s uncompromising zero-Covid strategy – now in force for about three years – has stoked anger and resentment, with widespread and sometimes violent protests kicking off across China’s major cities.
Exports drop in Oct as global demand slows
Exports to China slumped 8.5% year on year. Imports also fell 2.1% in October from a year earlier, compared with a forecast 10% rise. Thailand recorded a trade deficit of US$596 million in October, …
Bitcoin Drops as Tremors From China Unrest Spook Global Markets
The nerves stoked by China come during a period of vulnerability for crypto markets, which are on edge over the contagion spreading from the fall of Sam Bankman-Fried’s FTX exchange and sister trading …
Bitcoin price tanks as covid protests erupt in China, pushing investors into risk-off mode
Bitcoin price slipped 3.3% in a fresh start to the week as covid protests erupt in China. As a result of this, investors have moved into a risk-off state, sending the US Dollar higher. Regardless,…
Xinhua Silk Road: Chinese liquor maker Wuliangye voted as most popular Chinese liquor brand among global consumers
Chinese renowned liquor producer Wuliangye has been voted as the most popular Chinese liquor brand in the Most-loved China’s Brands Amongst Global Consumers event, showed the results unveiled on …
Asian Shares Fall as China Protests, Lockdowns Cloud Outlook
China’s infection rate has been lower than in the United … Wall Street gets several big economic updates this week. The Conference Board business group will release its November report on consumer …
China stocks plummet, yuan drops on Covid protests
China’s blue-chip CSI 300 Index fell as much as 2.7% in early trade, on track for its worst day in a month. Hong Kong’s Hang Seng Index plunged as much as 4.2%.
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