Deloitte China arrived at a similar estimate of 80 Hong Kong IPOs for the year, putting the capital amount at between HK$60 billion and HK$80 billion. Edward Au, managing partner for Deloitte China’s …
BUSINESS
Temasek plans to invest up to $12B in India as China weighs
Singapore state investor Temasek plans to invest up to $12 billion in India over three years in sectors such as financial services and healthcare, a top executive said on Monday, favouring the South …
China’s economy ‘hits the brakes’ with Xi Jinping forced to take action
China’s economy has “hit the brakes” with Xi Jinping forced to intervene amid sluggish growth. Beijing witnessed its economy stumble in the second quarter, with growth of 4.7 per cent across the three months to…
China’s Commodities Imports Ease in June on Sluggish Economy
China’s appetite for commodities eased in June, as a sluggish economy took the edge off import demand across a number of key raw materials.
Temasek aims to invest up to US$12bil in India as China weighs
favouring the South Asian nation as it turns cautious on China. India’s economy is growing sharply and its stock markets are trading near record highs amid an IPO and dealmaking boom. India accounts …
Temasek aims to invest up to $12 billion in India as China weighs
Temasek last week said that profits from investments in the United States and India were helping it cushion the impact of underperformance in China.
China to Lift Bitcoin Ban? Reports Stir Crypto Community Debate
Galaxy Digital CEO Mike Novogratz recently shared that China might lift its cryptocurrency ban in the fourth quarter of 2024.
Global smartphone market recovers with Samsung, Apple ahead of Chinese brands Xiaomi, Vivo and Oppo
In China, the resurgence of Huawei and consumer demand during the midyear 618 shopping festival contributed to growth, Counterpoint Research noted The global smartphone market grew by 6 per cent year …
Swatch profits plunge as China luxury crisis bites
Swiss watch group Swatch saw its first half profits plunge due to the luxury market crisis in China and warned Monday the key market was likely to remain difficult throughout the rest of the year.…
Burberry ousts chief executive; China economic growth disappoints – business live
Live, rolling coverage of business economics and financial markets as FTSE 100 fashion company appoints new boss after ‘disappointing’ losses
Galaxy CEO Novogratz Reacts On China’s Latest Bitcoin Stance
Galaxy CEO Mike Novogratz has lauded the recent updates on a potential policy shift in China with their cryptocurrency plan, sparking market discussions.
Swatch sales, profits slump on weak China demand, hammering shares
Swatch Group , the world’s biggest watchmaker, reported a steep drop in first half sales and earnings on Monday as demand for luxury goods in China remained weak, but forecast business would improve …
Swatch Group Profit Plunges 70% on Weak China Demand
Swatch Group AG’s sales and profit plunged amid a China-led slowdown for Swiss watchmakers and other luxury companies.
