Asian stock markets are mostly higher ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike. Shanghai declined while Tokyo and Hong Kong advanced. ( read original story ...)
Stock Market Live: Sensex, Nifty 50 expected to open higher, Asian indices in the green
Action lies in the Midcap index while the Nifty 50 consolidates The overall chart pattern of the Nifty 50 indicates a bounce from lower levels in the coming sessions, said Nagaraj Shetti of HDFC ... ( read original story ...)
Why landmark Chinese art museum Yuz moved from Shanghai’s West Bund to city’s outskirts, and what its new life holds
Yuz Museum, founded by Chinese-Indonesian businessman Budi Tek, has moved from Shanghai’s West Bund to the city’s outskirts. Tek’s daughter and museum director Justine Alexandria talks about the ... ( read original story ...)
Shanghai Banxia, a leading Chinese hedge fund, unwinds bet on property rebound after flagship fund sinks 9.8 per cent in May
Shanghai Banxia Investment’s flagship Banxia Macro Fund posted its biggest monthly loss since at least 2018, with company now expecting China’s property sector to bottom out in the first half of next ... ( read original story ...)
Why landmark China museum Yuz moved from Shanghai’s West Bund to city’s outskirts, and what its new life holds
Founded by Chinese-Indonesian businessman Budi Tek, Yuz Museum recently moved to Shanghai's Panlong Tiandi area and unveiled its first exhibitions there Museum director and Tek's daughter, Justine ... ( read original story ...)
One of China’s Top Hedge Funds Unwinds Bet on Property Rebound
A top-performing Chinese macro hedge fund has slashed its holdings in property stocks, as their declines hurt returns just two months after predicting a major rebound in the sector. Most Read from ... ( read original story ...)
China’s central bank cuts short-term borrowing cost for first time since Aug
China's central bank lowered a short-term lending rate for the first time in 10 months on Tuesday, in a bid to restore market confidence and prop up a stalling post-pandemic recovery in the world's ... ( read original story ...)