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Posted on 29/06/2021

Dingdong Maicai cuts US IPO target by 74%

Dingdong’s downsizing signals a cooling appetite for Chinese online grocers as the sector grows more competitive and attracts regulatory attention ... ( read original story ...)

Posted on 29/06/2021

Asian Stock Market: Falls for second day on Delta virus variant fears

Asian stocks edge lower consecutively for the second session. Investors remain pessimistic and avoid riskier assets on concerns of a fresh coronavirus outbreak in the region. Wall Street hit a new ... ( read original story ...)

Posted on 29/06/2021

Stock Market LIVE Updates: Traders book profits in PSU bank stocks. FMCG, IT stocks in demand. Reliance, TCS top Sensex gainers. India VIX eases 2%

Sensex, Nifty started Tuesday's session on a sluggish note. RIL was the top Sensex performer, but selling pressure in bank stocks capped gains. Wipro was the top Nifty50 gainer in early deals, up ... ( read original story ...)

Posted on 29/06/2021

How China humbled Britain’s mighty HSBC Bank

As Beijing grew disenchanted with the bank over sensitive domestic and international legal and political issues, the government sprung into action ... ( read original story ...)

Posted on 29/06/2021

China stocks fall as financial, consumer firms weigh; Hong Kong down

China stocks fell on Tuesday as investors booked profit after a rally, with financial and consumer firms leading the retreat. ** The CSI300 index fell 1.3% to 5,185.65 by the end of the morning ... ( read original story ...)

Posted on 29/06/2021

Stock Market Today: SGX Nifty flat; Asian markets mixed; S&P500, Nasdaq settle at record high levels

Hong Kong shares opened slightly higher Tuesday morning following another record close on Wall Street but traders were moving cautiously as they monitor fresh virus flare-ups in parts of the world. ( read original story ...)

Posted on 29/06/2021

China setting pace in central bank digital currency -Japan ex-regulator Endo

China's progress toward issuing a central bank digital currency (CBDC) will have a huge impact on how quickly advanced economies follow suit, ... ( read original story ...)

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