A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023. CFOTO | Future Publishing | Getty Images China’s property stocks jumped after the country’s central bank announced measures that would help boost the liquidity available to property developers. The move will ease a lingering cash crunch for … Read more
A securities business hall in Fuyang, China, in December 2023. Costfoto | Nurphoto | Getty Images China is reportedly considering a rescue package backed by offshore money to stave off a slump in its struggling stock markets, according to Bloomberg News. The report, citing people familiar with the matter, said Chinese authorities are aiming to … Read more
India’s stock market has overtaken Hong Kong’s for the first time in another feat for the South Asian nation whose growth prospects and policy reforms have made it an investor darling.The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close, versus $4.29 trillion for Hong Kong, according to data … Read more
A woman waits on her bicycle to cross an intersection outside a new shopping mall in Beijing, China, on Sept. 13, 2023. Kevin Frayer | Getty Images News | Getty Images After a year of uneven and disappointing post-pandemic recovery in 2023, China’s consumer sentiment may finally start to improve this year. Last year, the … Read more
HANGZHOU, CHINA – NOVEMBER 15, 2023 – An aerial photo shows a new property under construction in Hangzhou City, Zhejiang Province, China, Nov 15, 2023. CFOTO | Future Publishing | Getty Images Zhongzhi Enterprise Group filed for bankruptcy liquidation late Friday, as the Chinese shadow banking conglomerate is unable to repay its debt amid a … Read more
Tokyo, Japan. Matteo Colombo | DigitalVision | Getty Images When it comes to travel abroad, popular destinations like London, Paris and Rome always seem to top the wish list for Americans. But many travelers are looking beyond those mainstay cities for trips in 2024. Interest in major Asian hubs, off-the-beaten-path locales in Europe and other … Read more
