After three years in the doldrums, the Chinese tourism market rebounded strongly during this year's Spring Festival thanks to the broad easing of the country's stringent pandemic restrictions. In a ... ( read original story ...)
US chip packaging firm Amkor closes its Shanghai plant for a week amid global market downturn
Amkor currently operates a factory employng about 5,300 people in Shanghai's Waigaoqiao Free Trade Zone The move comes after global semiconductor sales declined 14.7 per cent year on year to US$130.2 ... ( read original story ...)
Yen strengthens on reports of new Bank of Japan governor; Asia markets fall: Live updates
The Shanghai Composite fell 0.3% and the Shenzhen Component ... In Australia, the S&P/ASX 200 closed 0.76% at 7,433.7 as investors digested the Reserve Bank of Australia's statement on monetary policy ... ( read original story ...)
METALS-Copper slips on demand concerns; Shanghai nickel jumps
Copper prices fell on Friday as China and U.S. economic data fanned demand concerns, while Shanghai nickel jumped after global commodity trader Trafigura uncovered an up to $577 million loss on an ... ( read original story ...)
Show us your Shanghai Tootsie Shot
The Tootsie Shot. You know it well. You know it because you've seen it a thousand times in movies from "Bridget Jones's Diary" and "Devil Wears Prada" to "Crocodile Dundee" and "The Wolf of Wall ... ( read original story ...)
Hesai Group rises in U.S. IPO, biggest for Chinese firm since 2021
Chinese sensor maker Hesai Group's shares closed 10.8% percent higher on their first day of trade in New York after it raised $190 million in an upsized initial public offering (IPO), the largest U.S. ( read original story ...)
Asian Stock Market: Shanghai dives as China inflation misses estimates, risk-off solidifies, oil juggles
The risk-off mood ahead of US inflation is keeping Asian indices on the tenterhooks. Softer-than-anticipated China inflation numbers have impacted Chinese equities heavily. Japanese investors are ... ( read original story ...)