Positive Data Raises Asia, Europe Stocks

Equity indexes from Shanghai to Seoul chalked up gains ... Housebuilder Taylor Wimpey rose 1.5% after announcing a special dividend. Financial stocks also rose, as French lenders BNP Paribas gained 1.63% and Societe Generale advanced 0.67%, while Germany ... ( read original story ...)

Shopping no longer the priority for Chinese tourists

[Chinese tourists] want experiences Hunter Williams, partner at Oliver Wyman “It’s become mainstream to the point that there’s lots of different Chinese travellers, as you have with other countries,” said Hunter Williams, a Shanghai-based partner ... ( read original story ...)

Asian stocks stronger on upbeat earnings, China factory data

Hong Kong’s Hang Seng index advanced 0.5 per cent to 27,667.39 while the Shanghai Composite index added 0.1 per cent to 3,294.41. Australia’s ASX/S&P 200 bucked the region’s trend, falling 0.5 per cent to 5,742.90 as commodity prices dropped. ( read original story ...)

China’s major stock index closes at near 19-month high

BEIJING, Aug. 1 (Xinhua) -- Chinese shares extended a rally on Tuesday as strong factory data boosted market sentiment, with the major stock index closing at the highest in nearly 19 months. The benchmark Shanghai Composite Index climbed 0.6 percent to ... ( read original story ...)