Eli Lilly plans to launch Mounjaro, its blockbuster diabetes drug, in countries like China, India, Brazil and Mexico by 2026, Chief Financial Officer Lucas Montarce said on Monday at the Leerink …
Tagged By financials
China’s Geely sells Saxo Bank stake to Swiss private bank
China’s Geely has sold its majority stake in Denmark’s €1.6bn Saxo Bank to Swiss private bank J Safra Sarasin, ending an eight-year joint venture that bet on Chinese capital markets opening up to the …
China bond yields jump to three-month highs as investors pare rate cut expectations
Chinese government bond yields moved further away from January’s historic lows amid optimism in the faltering economy and a stock market rally.
AI Mania Makes ByteDance Cofounder Zhang Yiming China’s Richest Person
ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.
China’s Retaliatory Tariffs on US Farm Goods Take Effect Monday
Chinese tariffs as high as 15% on a range of US agricultural goods take effect Monday, potentially exacerbating a trade dispute between the world’s two largest economies.
Falling consumer prices in China underscore Beijing’s growing economic challenges
China’s consumer price index fell last month for the first time in over a year, indicating that households remain cautious about spending.
China’s discreet stake in Elon Musk’s empire raises alarms
Chinese investors secretly acquire stakes in Elon Musk’s private companies using unique financial mechanisms that hide their identities. Although legal, these investments raise concerns about …
China banking on private entrepreneurship to drive job creation, stabilise employment
The pressure is on as a record-high 12.22 million college graduates flood the job market in 2025. Read more at straitstimes.com.
China extends $2 billion loan repayment for Pakistan
China has extended the repayment period of a $2 billion loan to Pakistan by one year, providing crucial financial relief to the country, the finance ministry confirmed on Saturday.The loan, originally …
FXI: China’s Technology And Banking Sectors Diverge
FXI rose 59% YoY, driven by significant stimulus efforts and the launch of China’s DeepSeek AI. But click here to read why FXI ETF is a Sell.
Financial Inclusion in China: Key Developments in the Past Decade
The government in China has taken steps to improve financial inclusion, and innovative internet platforms have played a part. Four areas stand out: progress made in bank-account ownership and access …
China rolls over $2bn loan to Pakistan for one more year
China has extended the repayment period of a $2 billion loan to Pakistan by one year, offering crucial financial relief to the country, the finance ministry confirmed on Saturday.
China’s Market Rebound: Is The NPC Meeting A Turning Point For Investors?
National People’s Congress (NPC) kicked off on March 5 and is set to run until March 11. According to Adam Turnquist, chief technical strategist at LPL Financial, while the NPC may be a rubber stamp…