CNBC's Inside India newsletter: Is China's stock market rally behind Indian equity losses? – CNBC
This report is from this week's CNBC 'Inside India' newsletter, delivering timely and insightful news and market commentary on emerging powers and the big companies behind their phenomenal rise. Masu. Is it what you see? You can subscribe here. big story The investment world has rapidly changed its signage in recent weeks. But if loyalty […]
Experts weigh in on durability of China's sizzling stock rally – Yahoo Finance
Chinese stocks have soared over the past week, but will they continue to rise? Jie Zhao/Getty Images Recent gains in the housing sector came as China's three largest cities eased restrictions on home purchases and the People's Bank of China moved to lower mortgage interest rates. Residential real estate is an important and struggling industry […]
When nations clash, children suffer: Unpacking China's adoption ban
On September 4, China's Ministry of Civil Affairs China is no longer With very few exceptions, foreign adoption is prohibited. Notified Many of the American families had already been matched with children in China years ago and were waiting to bring them home. With this shocking announcement, China has nullified ties with American families and […]
China's JD.com announces $5 billion share buyback plan – Yahoo Finance
(Reuters) – Chinese e-commerce giant JD.com said on Tuesday its board of directors has approved a $5 billion share buyback program that will start in September and allow the company to buy back its own shares over the next 36 months. The company's U.S.-listed shares rose 5.1% in premarket trading. JD.com, which last week beat […]
Aussie, kiwi dollars struggle on China's rate cuts; dollar adrift By Reuters – Investing.com
By Ray Wee SINGAPORE (Reuters) – The Australian and New Zealand dollars languished near multi-week lows on Tuesday after China cut several key interest rates, while the greenback was little changed awaiting fresh stimulus measures. China surprised markets on Monday by cutting key short- and long-term interest rates for the first time since August last […]
China's Surging Commodity Exports Suggest Weak Domestic Demand – OilPrice.com
China’s exports of copper, diesel and alumina surged in June compared with the same month in 2023, with copper exports surging to a record high as sluggish domestic demand due to weaker-than-expected economic growth weighs on Chinese consumption of goods. China’s copper exports surged 187% last month to a record high, official Chinese data showed. […]
Australian Dollar extends decline following mixed China's economic data – FXStreet
In Asian markets on Monday, the Australian dollar continued to fall as the US dollar strengthened. A hawkish Fed stance and challenges in China’s economic recovery are weighing on AUD/USD. Attention will be on the Reserve Bank of Australia’s (RBA) interest rate decision on Tuesday, although no changes to rates are expected. The Australian dollar […]
Largest ETF Outflows in Over a Year a Warning For China's Stock Rally – Yahoo Finance
(Bloomberg) — Investors pulled money out of China exchange-traded funds in May for the first time in 15 months, raising questions about the strength of the recent stock market rebound. Most read articles on Bloomberg Shanghai and Shenzhen stock ETFs saw a combined $4.2 billion in outflows in the month through Monday, more than investors […]
China's Young People Are Giving Up on Saving for Retirement – The New York Times
China wants young people to save money for retirement. Tao Swift, a 30-year-old unemployed man, has no interest in hearing about it. “Retire on a pension?” he asked. “There’s not a lot of hope that we’re going to get it for sure.” Tao, who lives in the southern city of Chengdu, is not alone in […]
China's AI Race Heats Up; Alibaba (NYSE:BABA) Rises – TipRanks.com – TipRanks
The AI arms race has captured the imagination of investors for the past few years, if not more, thanks to government involvement. But for the common end user, it hasn’t been around that long. Currently, the Chinese are rushing to build their own AI empire, and Chinese stocks like Alibaba (New York Stock Exchange:Baba) is […]