Asian stock markets were mostly in the red on Thursday, taking their cue from U.S. trading. There were some signs of macroeconomic optimism in the region as data showed China’s services activity rose ... ( read original story ...)
Stock market today: Asian shares slip, echoing Wall Street’s weak start to 2024
In energy trading, benchmark U.S. crude added 69 cents to $73.39 a barrel in electronic trading on the New York Mercantile Exchange. It jumped $2.32 a barrel on Wednesday as worries flared over the ... ( read original story ...)
China banks scrap business class flights in bid to rein in costs
The push to have banks backstop struggling property firms and local government financing vehicles has added to their woes. Read more at straitstimes.com. ( read original story ...)
Chinese provinces warn of thick fog, dozens of Shanghai flights delayed
Extremely heavy fog in several Chinese provinces on Thursday led to dangerously low visibility, closing highways, delaying flights out of Shanghai and prompting weather forecasters to release a string ... ( read original story ...)
China warns of thick fog, Shanghai flights delayed
BEIJING - Extremely heavy fog in several Chinese provinces on Thursday led to dangerously low visibility, closing highways, delaying flights out of Shanghai and prompting weather forecasters to ... ( read original story ...)
Tesla’s Shanghai plant delivers 947,000 vehicles in 2023
Tesla's Shanghai plant, the U.S. carmaker's first gigafactory outside the United States, delivered 947,000 vehicles in 2023, the company said on Wednesday in its production and deliveries report for ... ( read original story ...)
China’s IPO Market May Shrink Further This Year, PwC Says
Some 200 to 240 firms are likely list on China’s A-share market in 2024, down 36 percent to 23 percent from last year, a report published by PwC showed yesterday. They are expected to raise between ... ( read original story ...)