VW-Xpeng Deal Is Evidence of China’s Growing EV Dominance
German auto giant Volkswagen AG’s $700 million investment in Xpeng Inc. is a vote of confidence in the
2023-07-27 11:45
Oil Resumes Rally as Asian Equities Gain, US Inventories Decline
Oil advanced, tracking gains in wider Asian equity markets, after US crude inventories declined and the Federal Reserve
2023-07-27 11:28
Hong Kong Dollar in Strong Half of Trading Band on Rate Hikes
Hong Kong’s currency has risen above the mid-point of its trading band against the dollar for the first
2023-07-27 11:27
Hong Kong’s Hang Seng Tech Index Rises 20% From May Low
A gauge of China tech shares traded in Hong Kong extended gains from a May low to 20%
2023-07-27 11:20
HKMA ups rates, matching Fed, says banks' bad loans remain steady
HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount
2023-07-27 10:50
Asian shares climb after Fed hikes as expected; eyes on Europe, Japan
By Stella Qiu SYDNEY Asian shares advanced and the dollar fell on Thursday after a well-flagged U.S. rate
2023-07-27 10:47
Dollar on Back Foot as Fed Axes One of Bears’ Top Hurdles
Dollar weakness looks to have room to run after the Federal Reserve said further interest rate hikes would
2023-07-27 10:45
BOJ to keep ultra-low rates, may debate fine-tuning yield cap
By Leika Kihara TOKYO As aggressive U.S. interest rate hikes look like they might be nearing an end,
2023-07-27 10:25
Macquarie Tumbles After Flagging Profit Hit on Weak Trading
Macquarie Group Ltd. said weak trading conditions in the first quarter will mean profit is “substantially down” from
2023-07-27 10:21
Young Chinese are getting paid to be 'full-time children' as jobs become harder to find
Exhausted by the pressure to succeed as a photographer, Litsky Li accepted a better offer: quit work to become one of China's growing legions of children paid by their families to stay home.
2023-07-27 10:17
China industrial profits fall in H1
BEIJING China's industrial profits extended this year's double-digit pace of declines into a sixth month as waning demand
2023-07-27 09:59
Hedges Against Risk of Yen Surge Hit Four-Month High Before BOJ
Traders are ramping up protection against a surge in the yen as speculation remains alive that the Bank
2023-07-27 09:59