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Tag: finance

Posted on 04/04/2024

Exclusive-Banking bottleneck causing six-month delays for Russia-China payments, sources say

As the threat of secondary sanctions deters Chinese banks from facilitating trade with Russia, companies are flocking to the one Russian bank with a Chinese branch and facing up to six months of ... ( read original story ...)

Posted on 04/04/2024

Beijing nudged Syngenta to withdraw 65 billion yuan Shanghai IPO on market weakness: sources

Syngenta filed to list on the main board of the Shanghai Stock Exchange last May seeking to raise ... for three years and with deflation at levels not seen since the global financial crisis of 2008 to ... ( read original story ...)

Posted on 03/04/2024

China’s internet giants snap up their own shares to boost flagging stock market value

Chinese internet giants are buying back their shares at a record pace, as they try to boost their market value in the midst of a historic stock rout in the world’s second largest economy. ( read original story ...)

Posted on 03/04/2024

Hong Kong stocks slip as property and banking shares drop after US data dims rate cut view

The Tech Index lost 1.3 per cent, while the Shanghai Composite Index declined 0.3 per cent. Shares of banks and property companies, which are sensitive to interest rate changes were the major ... ( read original story ...)

Posted on 02/04/2024

Stock market today: Asia markets are mixed after Wall Street’s strong manufacturing data

HONG KONG (AP) — Asian shares were mixed on Tuesday after Wall Street retreated as surprisingly strong U.S. manufacturing data cast doubts over how soon the Federal Reserve might cut interest rates. ( read original story ...)

Posted on 02/04/2024

South Asia’s jobs creation lags population growth, says World Bank

Job creation in South Asian economies is not keeping pace with the rise in the working age population, putting the region on a path that risks "squandering its demographic dividend", the World Bank ... ( read original story ...)

Posted on 02/04/2024

Market Update: Mixed Movements in Asian Stocks, Shanghai Surges Following Upbeat Chinese Manufacturing Data

In Asian stock markets on Monday, there was a divergent trend with Shanghai’s index climbing by 1% as a reaction to encouraging Chinese manufacturing data. While Sydney and Hong Kong markets were ... ( read original story ...)

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