China
Australian winemakers bet on expected China reopening with big shipments to Hong Kong
AUSTRALIAN winemakers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian wine and revive a trade worth...
China set to bide time on rate cut until yuan, data stabilise
CHINA’S central bank is poised to keep cash conditions and monetary policy broadly stable as policymakers focus on a weakening currency. The People’s Bank of China (PBOC) will leave...
Tokyo Electron hits new high after China demand boosts outlook
TOKYO Electron shares soared to a record high after the company hiked its guidance for the year on the strength of sales to China. The chipmaking gear producer rose...
As China woes mount, investment banks brace for more Asia job cuts
JOB cuts at Western investment banks in Asia are expected to increase this year as revenue pressures rise due to deepening economic and market turmoil in China, even as...
China January new bank loans hit record high on policy support
NEW bank loans in China jumped by more than expected to an all-time high in January, as the central bank moves to shore up the sputtering economy. Policymakers have...
New highs for Nikkei, nervous new year break for China
JAPANESE shares hit 34-year highs on Friday (Feb 9) as world stocks eyed a third week of gains, while adjustments to interest rate expectations sent the yen to a...
Nissan shares plummet as Q3 earnings highlight China worries
NISSAN Motor saw its shares plunge as much as 11.7 per cent on Friday (Feb 9) in what could become their biggest sell-off since 2001, after the automaker trimmed...
Ralph Lauren rides on strong holiday demand, China rebound to post upbeat results
RALPH Lauren on Thursday (Feb 8) beat Wall Street expectations for revenue for the 12th straight quarter, powered by robust demand from wealthier US shoppers for its expensive sweaters...