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 …
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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.
Swatch Shares Plunge as Profit Falls 70% on China Weakness
Swatch Group AG’s shares fell the most in four years after sales and profit plunged amid a China-led slowdown for Swiss watchmakers and other luxury companies.
China’s Economic Slump Sparks Concern: What’s Next?
China’s economy grew at a slower rate than expected in the second quarter of 2024, primarily due to a persistent property crisis and job insecurity. The growth slowdown has led to expectations that Beijing may…
China’s economy falters as property, consumer pain worsens
China’s Q2 GDP grows less than forecast Factory output, retail sales growth slows More policy support seen needed to keep growth on track China’s economy grew much slower than expected in the second quarter, as…
China Is Holding a Major Meeting on the Economy That You Can’t Watch
President Xi Jinping will preside over a conclave to draft a new economic program. The stakes are high, but expectations for big changes are modest.
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