Shares of Hong Kong’s major property developer New World Development surged by 23% after the unexpected resignation of CEO Adrian Cheng, a prominent figure from the company’s founding family. The Hong Kong-listed company saw its…
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China’s New World Development shares up 23% after CEO resignation: here’s why
China boosts exports: Will it hurt India, other global markets?
According to the International Monetary Fund (IMF), this export push is part of China’s strategy to support its economy during tough times at home. The IMF has warned that “China Shock 2.0” could lead …
China’s factory activity seen extending declines in Sept: Reuters poll
China’s factory activity likely remained in contraction for the fifth consecutive month in September, as weak domestic demand and rising global trade barriers continue to dog the world’s …
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh moves to restore economic growth that some call …
Former defense minister set to lead Japan amid efforts to counter China’s growing power
As prime minister of the U.S. ally, Shigeru Ishiba will face anger over rising prices at home and an increasingly complicated security environment in the Asia-Pacific region.
China optimism is surging. Why some investors are cautious
China’s latest policy signals have a bigger impact on sentiment than resolving deeper issues such as real estate, analysts said.
Exclusive: Shanghai, Shenzhen to lift key home purchase curbs to boost market, sources say
Top Chinese cities Shanghai and Shenzhen are planning to lift key remaining restrictions on home purchases to attract potential buyers and shore up their flagging real estate markets, four sources …
Chinese stocks on track for best week since 2008 after Beijing stimulus – business live
Chinese property stocks and metal prices also rally after stimulus measures aimed at faltering economy. Introduction: Chinese stocks on track for best week since 2008 after Beijing stimulus 07 …
Time to act against Beijing’s biotech threat
The US has already taken proactive steps with the BIOSECURE Act, aiming to safeguard its life sciences from foreign influence and control. The UK must follow suit. The dual-use nature of biotechnology …
Billionaire Buys ‘Everything’ China, Possible Non-Dom Tax Tweaks & Ceasefire Talks on Pause
Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.
A new stimulus might (or might not) jump-start China’s economy
Doldrums continue to plague China’s post-pandemic economy. Now the country’s leaders are firing up a new round of plans to jump-start growth. It just might not be enough.
Beijing directs fiscal firepower at itself
It’s been a busy week for Chinese officials. The government plans to issue special sovereign bonds worth about 2 trillion yuan ($284.4 billion), Reuters reported on Thursday, citing sources with …
Uncorking China’s $340B Alcohol Market: A Deep Dive into 2024 Beverage Trends
China’s alcohol market appears to be ripe with opportunities, it’s clear that global brands need to be attuned to local preferences, digital trends, and the broader societal shifts affecting drinking habits.
