カテゴリー: Stock markets
Prime minister’s Liberal Democratic party to be pressed on promised tax cuts and fiscal stimulus plansBusiness live – latest updatesJapan’s stock market has hit a record high after Sanae Takaichi’s Liberal Democratic party (LDP) secured a comprehensive…
Chinese customs official says trade has diversified away from US in recent years and plays up its ‘vast domestic market’China has played down the risk of damage to its exports from Donald Trump’s tariffs, with an official saying the “sky won’t fall,” a…
China’s 84% tariffs on US products come into force amid market relief after Trump suspends steep reciprocal tariffs elsewhereBusiness live – latest updatesDonald Trump’s trade war with China has entered a new phase, as Beijing’s 84% retaliatory tariffs…
Investors disappointed after hoped-for policy plans by Beijing to stimulate economy did not materialiseBusiness live – latest updatesChinese stocks have suffered their worst fall in 27 years after efforts by Beijing to stimulate the world’s second-larg…
Japan’s Nikkei 225 index closes more than 10% up with other Asia markets rebounding on TuesdayBusiness live – latest updatesJapanese stocks soared more than 10% on Tuesday, a day after experiencing their biggest fall in 37 years, setting markets tumbli…
Authorities could use 2tn yuan from offshore accounts of state firms to buy shares after big falls in stocksChinese markets have lifted following a report suggesting that Beijing policymakers are scrambling to mobilise billions of yuan from state-owned…
Company last month hoped for a valuation of $80-$90bn, according to reports, making it the largest initial public offering (IPO) in yearsFast fashion giant Shein has reportedly lodged confidential paperwork with US securities regulators, informing them…
Prosecutors are reportedly seeking a prison term and a near-£1m fine for ex-Sega developer Yuji Naka One of Sonic the Hedgehog’s creators is facing possible jail time and a fine of close to £1m for his alleged part in an insider trading scheme, accordi…
Former UK PM’s brother quits board of Elara Capital days after it was accused of using funds to manipulate share pricesJo Johnson, the younger brother of the former prime minister Boris Johnson, has resigned as a director of a London-based investment b…
Xi Jinping’s mission is not only to control the housing bubble but rein in untethered industries and foreign capitalChina’s economy has become heavily dependent on property development over the last decade. High-rise apartments have mushroomed across h…
As debt-laden Chinese property giant enters 30-day grace period, officials look to limit unrest and job lossesThe embattled Chinese property developer Evergrande is inching closer to the potential default that investors fear, after missing an interest …
Embattled Chinese property giant allays some market concerns despite lack of guidance over $83.5m due on a separate offshore debtChinese property developer Evergrande has said it would pay some of the bond interest due on Thursday, allaying fears of an…
President Xi Jinping faces serious test of his financial reforms as struggles of property giant send ripples through real-estate sectorThe crisis engulfing Evergrande, China’s second-biggest property company, is the greatest test yet of President Xi Ji…
Tech firm, which just launched its IPO in New York, is latest online giant to be targeted by Chinese authoritiesChina’s internet regulator has launched an investigation into one of the country’s biggest ride-hailing services, Didi, two days after the c…