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CHINA MARKETS
Global Market: China stocks rally 1% as Trump-Xi meeting raises trade hopesChina’s stock markets rose strongly as investors anticipated progress in upcoming US-China trade talks between Donald Trump and Xi Jinping....
Global Market: Yuan hits 4-year high as traders bet on further gainsChina’s yuan strengthened to four-year highs against the dollar, supported by strong exports, exporter dollar conversions and expectations ...
China built a 134-km long canal digging through mountains for four years; it now cuts 560 kms to reach the seaChina has opened the Pinglu canal, a 134.2 km waterway built over four years at a cost of USD 10.75 billion, linking Nanning in Guangxi to ...
ICC eyes China in bid to expand cricketThe International Cricket Council is targeting China for significant fan growth. China's large population offers a huge potential audience ...
'Loneliness' in China is now a $1 trillion 'singles economy' in the world's second most populous country with 1.4 billion peopleChina’s growing number of people living alone is driving a $1 trillion singles economy, with businesses offering products and services tail...
Global Market: China broadens Yuan FX clearing in push for global currency useChina has expanded yuan foreign-exchange clearing to include the Singapore dollar, New Zealand dollar and Thai baht, as Beijing seeks to wi...
Global Market: China, Hong Kong markets slip as Fed signals more rate hikesChina and Hong Kong stocks fell on Thursday after the US Federal Reserve raised interest rates by 25 basis points and signalled another hik...
China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
Global Market | China’s slower loan growth is becoming the new normal: PBOC Governor Pan GongshengChina’s slower loan growth is emerging as a new normal as weakening property and local government sectors reduce credit demand faster than ...
Global Market: Hong Kong unveils first five-year plan, targets bigger push into technologyHong Kong has unveiled its first Five-Year Plan through 2030, targeting higher innovation spending and greater investment in AI, robotics, ...
Global Market: China, Hong Kong shares rise as tech stocks gain ahead of Fed decisionChinese and Hong Kong equities rose on Wednesday, led by technology stocks as investors awaited the US Federal Reserve’s interest-rate deci...
More talks likely between India, China to address trade concerns, imbalance, supply chain: Trade SecyIndia and China are exploring measures to narrow the trade gap. Both nations seek to address supply-chain challenges and bilateral trade co...
Global Market: China’s AI boom lifts factory output as property slump deepensChina's industrial output accelerated in August, supported by strong demand for AI-related technology and advanced manufacturing. However, ...
India’s air travel boom leads Asia, prompting Airbus to raise growth forecast to 9.3%India's domestic air travel growth is projected to be the fastest in Asia-Pacific. Airbus forecasts India will need 3,480 new passenger air...
India, China to see LNG demand rebound once Middle East supply crunch eases, executives say at Gastech conferenceAsian LNG demand from India and China is expected to recover soon. This rebound hinges on easing Middle East supply disruptions and falling...
India, China discuss deepening energy cooperation as Chinese oil executive meets Hardeep PuriChinese and Indian officials met to discuss deepening energy cooperation. CNPC Chairman Dai Houliang met with Minister Hardeep Singh Puri i...
Xi Jinping’s five-point BRICS plan puts China’s tech ambitions in spotlightChina's President Xi Jinping proposed five initiatives for BRICS cooperation next year. These proposals focus on artificial intelligence an...
Global Market: China state insurers, banks to raise up to $54 billion to bolster capitalChina’s Ministry of Finance will inject up to $10.4 billion into five state-owned insurers as part of a broader plan to strengthen financia...
Global Market: China stocks inch up after August inflation data; Hang Seng remains flatChina’s stock markets edged higher while Hong Kong equities remained subdued as August inflation data highlighted an uneven recovery. Risin...