Shanghai

Asia-Pacific markets are mostly set to open lower as investors await key economic data from China
World

Asia-Pacific markets are mostly set to open lower as investors await key economic data from China

Drone point view of the Shanghai skyline at sunrise. Aerialperspective Images | Moment | Getty Images Asia-Pacific markets were set to take a breather after rallying in the previous session, as investors await key China data to assess the state of the world’s second largest economy. China data, including new house prices, urban unemployment and […]

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China’s Shenzhen metropolis sees fastest growth in millionaires globally
World

China’s Shenzhen metropolis sees fastest growth in millionaires globally

Shenzhen city skyline. Photographer is my life. | Getty Images China’s Shenzhen has recorded the fastest growth in millionaires over the past decade, and is poised to see a further influx in the coming years, according to a recent report. Shenzhen recorded 140% growth in millionaire count, according to the report from New World Wealth […]

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Asia markets rise after Wall Street soars on soft inflation data; Japan GDP shrinks
World

Asia markets rise after Wall Street soars on soft inflation data; Japan GDP shrinks

A man looks at an electronic quotation board displaying stock prices on the Tokyo Stock Exchange in Tokyo on August 2, 2022. Kazuhiro Nogi | AFP | Getty Images Asia-Pacific stocks rose Thursday after Wall Street benchmarks closed at record highs on soft inflation data, while investors assessed Japan GDP data. U.S. consumer price index […]

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Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by ,000
Business

Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000

Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model Y. Deliveries for Onvo’s first […]

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Asia markets track Wall Street gains in advance of vital U.S. inflation knowledge
World

Asia markets track Wall Street gains in advance of vital U.S. inflation knowledge

Asia markets ended up greater Wednesday, tracking Wall Road gains right away that noticed the Nasdaq Composite index strike a new history closing high. Source

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Asia-Pacific markets largely larger as traders assess inflation details from India and Japan
World

Asia-Pacific markets largely larger as traders assess inflation details from India and Japan

Muslim devotees are breaking their quick and owning their meals on the last Friday of the holy fasting thirty day period of Ramadan, also identified as Jumat-ul-Vida, at the Jama Masjid in the outdated quarters of New Delhi, India. Nurphoto | Nurphoto | Getty Photos Asia-Pacific markets have been largely increased Tuesday even as stocks […]

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Asia markets mostly lessen as buyers assess China inflation data, await Japan GDP print
World

Asia markets mostly lessen as buyers assess China inflation data, await Japan GDP print

Illuminated skyscrapers stand at the central organization district at sunset on November 13, 2023 in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets ended up mostly decrease on Monday as investors assessed China’s more powerful-than-anticipated April inflation info. China’s consumer selling price index climbed .3% yr on yr, beating Reuters estimates […]

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Asia marketplaces poised to track Wall Road gains, with Dow up for seventh day on level cut hopes
World

Asia marketplaces poised to track Wall Road gains, with Dow up for seventh day on level cut hopes

Cherry trees in bloom around the Nippon Budokan in Tokyo, Japan, on Sunday, April 7, 2024.  Bloomberg | Bloomberg | Getty Illustrations or photos Asia-Pacific markets have been established to extend gains from Monday, tracking moves on Wall Road with the Dow Jones Industrial Common climbing for a seventh straight day on charge lower hopes. […]

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Asia marketplaces primarily poised to rise in advance of China trade info and Japan pay figures
World

Asia marketplaces primarily poised to rise in advance of China trade info and Japan pay figures

Check out of Shanghai skyline from a container station. Yaorusheng | Minute | Getty Photographs Asia-Pacific marketplaces are largely established to increase ahead of China’s April trade data, as nicely as spend figures from Japan. Economists polled by Reuters are expecting a 1.5% increase in China’s exports, a reversal from the 7.5% fall in March. […]

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Asia markets mixed as investors parse as a result of Japanese vehicle earnings
World

Asia markets mixed as investors parse as a result of Japanese vehicle earnings

Investors will be hunting to earnings from Toyota and Mitsubishi, as properly as Singapore’s UOB. Supply

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