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Month: February 2024

Posted on 22/02/2024

Chinese electric truck start-up Windrose explores production in Europe, CEO says

Chinese electric heavy truck start-up Windrose plans to outsource manufacturing of its vehicles to automaking partners in Europe, its founder and CEO said on Thursday, as it seeks to take on rivals ... ( read original story ...)

Posted on 22/02/2024

AirAsia celebrates first inaugural flight in the Dragon Year from Kota Kinabalu to Shanghai with 100% load

In conjunction with the auspicious Lunar New Year, AirAsia celebrated its inaugural flight from Kota Kinabalu to Shanghai with a 100 percent passenger load, continuing to soar high in the prosperous ... ( read original story ...)

Posted on 22/02/2024

China stocks extend gains led by coal, AI; HK shares up

Despite stock market performance improving on a raft of market rescue measures, investor sentiment can still be fragile without a material pickup in economic activities ... ( read original story ...)

Posted on 22/02/2024

Asian Shares Rise Led By Tech Stocks; Nikkei Scales Record High

Asian stocks advanced on Thursday as investors cheered Nvidia's strong Q4 earnings results, driven by demand for its chips to power ... ( read original story ...)

Posted on 22/02/2024

China cuts mortgage reference rate by most on record to revive property market

SHANGHAI - China cut the benchmark reference rate for mortgages at a monthly fixing on Feb 20 by more than expected, as authorities ramped up efforts to stimulate credit demand and revive the property ... ( read original story ...)

Posted on 22/02/2024

China’s Property Stocks Gain as Lending Rate Cut Boosts Sentiment

Chinese property stocks rose a day after a deeper-than-expected cut to a key mortgage reference rate bolstered hopes that authorities are doing more to shore up the ailing sector. ( read original story ...)

Posted on 22/02/2024

Shanghai nickel at 3-week high as potential sanctions on Russia lift supply fears

BEIJING: Shanghai nickel prices jumped more than 2% on Thursday to a three-week high as traders assessed concerns over global supply with speculation of renewed US sanctions against Russia. The ... ( read original story ...)

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