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CHINESE FINANCIAL MARKETS
Global Market: China's Lingjun Investment attracts $300 million from overseas investorsChina’s Lingjun Investment has raised at least $300 million from US and Southeast Asian investors as it resumes overseas fundraising. Stron...
Barclays Q3 profit rises 12% YoY, lender announces £500 million share buybackBarclays reports a 12% rise in third-quarter pretax profit to £2.3 billion, broadly meeting expectations, and announces a £500 million shar...
Chinese stock market enters bear territory! CSI 300 index crashes 20% from June peakChina’s CSI 300 index entered bear market territory on Thursday, falling 20% from its June peak amid concerns over taxation policies, slowi...
Cash-strapped China targets offshore wealth with new taxChina has introduced a 20 percent tax on dividends and interest from offshore trusts to combat a fiscal deficit. Wealthy citizens must sett...
Rupee rises 46 paise to 94.45 on India-US trade deal hopes; oil prices cap gainsThe rupee gained 46 paise to 94.45 against the dollar on optimism over a potential India-US trade deal and RBI measures. However, elevated ...
Why the rupee remains under pressure despite lower CAD?The Indian rupee has depreciated significantly this year and is expected to weaken further due to global conditions. Despite improvements i...
The fake commute: How China's unemployed save faceUnemployed individuals in China are pretending to be employed to avoid family concerns about their jobless situation. Many are sharing tips...
Thieves make off with rare Pokémon and sports cards worth nearly $1 million from FedEx truck in Southern CaliforniaNearly $1 million worth of trading cards, including Pokémon and sports cards, were stolen from a FedEx truck. The theft occurred in Souther...
China stocks end higher as strong GDP outweighs AI jittersChina's economy expanded 4.5% year-on-year in the third quarter, topping forecasts and reducing the urgency for Beijing to step up support ...
Global Market: China’s yuan hits four-year high as strong GDP data ease stimulus concernsChina’s yuan strengthened to a four-year high against the US dollar following stronger-than-expected third-quarter economic growth and impr...
China AI supply chain IPOs hold firm despite valuation pullback, Citi saysAs anxiety over valuations rises, Chinese AI supply chain firms are set to remain resilient in the marketplace. Ongoing listings in Hong Ko...
China's central bank to boost support for global investors in financial marketsChina's central bank plans to improve access for global investors and issuers to its financial markets by strengthening cross-border financ...
Global Market: Yuan holds steady, set for third weekly gain on robust Chinese exportsChina’s yuan remained stable against the dollar, heading for a third consecutive weekly gain on resilient exports. The currency reached its...
China's trade barriers biggest hurdle in bilateral ties, says Nirmala Sitharaman; flags $100 billion deficitNirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister r...
The US has $100 billion to break China’s rare-earth grip. Can it stop Beijing from holding America’s supply chain hostage?The United States can access up to $100 billion in loans for developing its critical minerals industry. Despite this financial resource, it...
India keeps Pernod Ricard in high spirits even as its top markets cut down on the cheersPernod Ricard has reported a 19% rise in sales in India, providing some relief against drops in bigger markets like the US and China. Overa...
Global Market: Bank of China (Hong Kong) plans $3.3 billion onshore yuan debt issuanceBank of China (Hong Kong) plans to issue up to 22.2 billion yuan in onshore negotiable certificates of deposit in 2026, strengthening fundi...
SoftBank junk bond sale raises stakes for CEO Son's all-in AI betSoftBank's promise to pay its highest-ever yields in a record $11 billion junk-bond offering highlights the pressure on CEO Masayoshi Son t...
India should let rupee find its own level: Uday Kotak calls for focus on competitiveness, innovationUday Kotak stated that the rupee should be allowed to find its own level without government interference. He noted that the strength of the...
Global Market: China stocks fall as global yields, geopolitical tensions weigh on sentimentChinese stocks declined as government support measures failed to restore investor confidence amid rising global bond yields, Middle East te...