Market Insights

Asian Shares Edge Down Amid Uncertain Global Outlook

Asian stocks fell in China, Japan, South Korea and India, but rose in Australia. 

5 mins ago

Asia Markets Track Wall Street Fall as China Outlook Darkens

Nomura lowered its China economic growth forecast, citing dismal July activity data, the lingering impact of the pandemic, and the…

24 hours ago

Hong Kong Exchange Profit Falls 27% on Weak Listings, Trading

HKEX has suffered a notable decline in listings and trading at its two Hong Kong exchanges from both China's economic…

2 days ago

Why China’s Yuan is Weak and May Get Even Weaker

China’s yuan is facing the most sustained depreciation pressure since 2015, when a shock devaluation triggered a global stock market…

3 days ago

Asia Stocks Mixed Amid Concerns Over China’s Grim Data

Asian shares were mixed after China's central bank unexpectedly trimmed two key lending rates following the release of July data…

4 days ago

Huawei Says Profit Plunged 52% in First Half on Weak Demand

A weak economy, Covid disruptions and supply chain challenges hammered the company's sales while increased investment in new technologies was…

4 days ago

China’s Services Sector Sees Best Growth Since Mid-2021

Caixin services PMI rose to 55.5 in July, the highest since April 2021, however, the survey showed foreign demand fell…

2 weeks ago

Alibaba Slumps Even as it Says Aims to Retain US Listing

The US Securities and Exchange Commission on Friday added Alibaba to a list of Chinese companies that could face delisting from…

3 weeks ago

Yuan Falls Further on Weak Data, Gloomy Global Outlook

The yuan on Monday extended a decline it has endured for the past five months, while China's economy remains mired…

3 weeks ago

Apple Announces iPhone Discounts After China Revenue Dips

Some analysts have said the US tech giant could face a drop in demand given China's weak economy and the…

3 weeks ago

Hong Kong Exchange Could Reap Billions From US Delistings

The threat of delisting Chinese stocks from major US exchanges could be a bonanza for the Hong Kong Stock Exchange,…

3 weeks ago

Ant Executives Sever Ties With Alibaba After China Crackdown

Seven executives of Ant have left the Alibaba Partnership, the body that elects the e-commerce giant's board, following a demand…

3 weeks ago