Business
Forex reserves top $700 bn, India becomes 4th country to cross this mark
India's forex reserves have ballooned by $87.6 billion so far in 2024, already more than the near-$62 billion increase over the whole of…
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China
Business
China stock traders ponder how far blockbuster rally can go
AS CHINESE stocks in Hong Kong head for their best two-week rally since 2007, questions are arising over just how far this rebound can go.…
Business
Sudden shift in China metals sentiment drives LME Week optimism
METALS traders arriving in London for London Metal Exchange (LME) Week were in for a surprise as they caught up with friends and customers…
Business
Hong Kong equities soar on China stimulus; property, financial stocks lead rally
CHINESE property and financial companies led rally in Hong Kong stocks on Wednesday (Oct 2), as Beijing’s stimulus measures and easier…
Business
Hedge funds pile into China looking for any way to gain exposure
HEDGE funds are piling into Chinese stocks at a record pace on bets Beijing’s stimulus blitz will speed up the recovery of the nation’s…
Business
Tesla sales perk up after China boosts electric vehicle subsidy
TESLA is expected to post its first quarterly sales increase this year after car buyers in China, the world’s largest electric vehicle…
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Apple may turn to China after Tata plant fire in Tamil Nadu: Report
Tata is among Apple's newest suppliers in India, which analysts estimate will contribute 20-25 per cent of total global iPhone shipments…
Business
Chinese stock market enters bull market after biggest surge since 2008
4 min read Last Updated : Sep 30 2024 | 11:46 PM IST Bloomberg News Chinese stocks extended one of their most remarkable turnarounds in…
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More Chinese heading to Europe, far-flung hotspots for Golden Week holiday
The recovery of overseas tourism from China is a critical metric for the global travel industry. | Representative Picture 4 min read Last…
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Euro nudges higher; China stimulus boosts Aussie and kiwi
THE euro strengthened on Monday (Sep 30) after German inflation data, while commodity currencies rose on hopes for a turnaround in China’s…
Business
Hot stock: Nio jumps over 20% on news of strategic investment in China unit
The last time the counter reached such levels was in January, when it traded above US$7.60 SHARES of Nio rose by 21.9 per cent on Monday…
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Pop Mart toys fuel 150% rally in bright spot for China consumer
CHECKING out the latest arrivals in a Pop Mart store near their apartment has become a weekend routine for 34-year-old Shanghai resident…
Business
Asia: Hong Kong, Shanghai extend surge as China optimism boosts markets
HONG Kong and Shanghai ploughed on with their China-fuelled rally on Friday on hopes that Beijing will press on with new plans to boost…
Business
Europe: Stoxx 600 clocks all-time closing high on China stimulus boost
EUROPEAN shares jumped on Thursday, with China-exposed stocks such as luxury and miners outperforming on news of aggressive Chinese…
Business
US: S&P 500 at fresh record on Micron results, China stimulus
WALL Street stocks powered higher on Thursday, with the S&P 500 finishing at a fresh record, following strong Micron earnings and…
Business
Sri Lanka's new President options: India or China, or India and China
All eyes are set on the stance the new Sri Lanka president Anura Kumara Dissanayake may take as his alliance gives an initial impression…
Business
Oil falls on easing Libya supply concerns, lingering China demand worries
OIL prices slumped over 2 per cent on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite…
Business
China to give one-off cash handouts for poor people in rare use of aid
3 min read Last Updated : Sep 25 2024 | 11:52 PM IST China said it will give one-off cash handouts to people in extreme poverty before…
Business
Investors face ‘pain trade’ amid China stimulus: Barclays
INVESTORS who have snubbed stocks tied to Chinese growth may face a “pain trade” after the world’s second-biggest economy unleashed a new…
Business
Market today: GIFT Nifty tops 26k, China rate cut, Northern Arc IPO listing
Share market today: The Indian share market is likely to edge higher today after scaling new heights in Monday's session. At around 6:55…
Business
TikTok said to plan job cuts amid a wave of tech industry layoffs
TikTok is expected to make cuts to its global staff, in another blow for the popular social video app as it faces the threat of a new law…