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CHINA PROPERTY SECTOR SLUMP
Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraiseChinese tech giant Kuaishou's AI video unit, Kling AI, has secured over 19 billion yuan ($2.80 billion) in funding from investors including...- Hitachi Energy, GE Vernova, Siemens Energy, other power equipment stocks crash up to 10%. Here’s whyIndian power sector stocks plunged Friday as reports emerged of a two-year exemption granted to four Chinese electrical equipment firms for...
- Chinese robot maker Unitree wins approval for $619 million Shanghai IPOThe approval comes as China's onshore IPO market shows signs of life after a long slowdown. China Resources New Energy shares more than d...
- Husband leaves some properties to sister through Will, excluding wife and children; Supreme Court upholds it for this reasonThe Supreme Court has upheld a husband's Will, which disinherited his wife and children from certain properties, favouring his sister. The ...
- Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...
- Japanese stocks hit by biggest foreign weekly selloff since March as tech rally coolsForeign investors recorded their biggest weekly selloff in Japanese stocks since March, offloading ¥1.82 trillion worth of shares amid prof...
- China’s factories cap best quarter since 2020, survey showsThis "two-speed" activity sees booming tech sectors contrasting with traditional exporters struggling due to weakening global demand. The p...
- China used foreign tech to rise, but now it's slamming the doorChina, once a keen learner of Western technology, is now shifting gears to protect its own innovations. New outbound investment rules, effe...
- US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...
- Godrej Properties highest bidder for 5-acre land parcel in Noida with bid value of Rs 332 crGodrej Properties has made a significant move by acquiring a prime 5-acre land parcel in Noida's Sector 151 for Rs 332 crore, securing the ...
- China imposes 'national security' rules on overseas investmentsChina is intensifying its scrutiny of investments overseas with broad "national security" regulations taking effect from Wednesday, at a ti...
- Noida authority auctions land parcels to Godrej Properties, VRC constructionNoida Authority has successfully auctioned two prime land parcels in Sector 151 for residential projects, fetching a total of Rs 666 crore ...
- Toyota sales fall for fourth month in May as declines in China, US and Middle East weighToyota Motor Company experienced a 7.2% drop in global vehicle sales for May, reflecting a fourth straight month of downfall. This slump st...
- China industrial profits stay resilient as economy leans on factories, exportsChina's industrial profits saw a double-digit rise in May, though at a slower pace, underscoring the economy's reliance on factories and ex...
- China backs Bangladesh's new government: Xi tells PM Tarique RahmanBangladesh Prime Minister Tarique Rahman concluded his Beijing visit by meeting President Xi Jinping, who pledged China's support for Dhaka...
- India swings to premium on price retreat; China demand mutedIndian gold markets are seeing a premium return after a price dip, with buyers cautiously re-entering despite affordability concerns. This ...
- China begins to snap at America's heels in a tightening tech raceChina’s latest supercomputer ranking has renewed debate over global technology leadership, but current evidence shows the United States sti...
- China's domestic economy remains weak despite export boom, says Jefferies reportChina's economy shows a worrying trend: while exports are booming, especially in semiconductors, domestic demand is faltering. Consumer spe...
- China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
- China's new home prices fall faster in May as property slump persists despite big-city resilienceChina's new home prices saw a 0.2% dip in May from April, marking a steeper decline and a 3.5% year-on-year fall. While larger cities show ...
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