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BEIJING: Global kiwi fruit giant Zespri is looking to scale up its presence to 100 cities in China from the current 50 and bring onboard more partners in the next five years as it looks to tap into rising market opportunities.
NEW YORK: Oil prices settled higher on Tuesday, with Brent hitting above US$71 and trading at its highest since March, on expectations for growing fuel demand during the summer driving season in the United States as OPEC+ agreed to boost output.
SHANGHAI: More than 50% of listed companies on Chinese markets expect to turn a profit for the first half of this year, the Shanghai Securities News reported yesterday.
From targeted to total lockdowns, as we still see spiking Covid-19 infections, there are concerns whether Malaysia can achieve its forecast growth of 6% to 7% for 2021.
THE FBM KLCI was introduced in 2006 in collaboration between FTSE and Bursa Malaysia as the new benchmark index for the Malaysian stock market that constitutes the top 30 market capitalised stocks and free-float adjusted.
PRESIDENT Xi announced recently that: “our aim is to turn the China market into a market for the world; a market shared by all, and a market accessible to all. This way, we will be able to bring more positive energy to the global community.”
Esco Lifesciences Group, a Singapore firm that pivoted from washing lab gowns to making high-tech equipment, raised $200 million from some of the world’s biggest health-care investors, paving the way for a possible listing in Hong Kong this year.
HONG KONG: The prediction was vintage Jack Ma, as provocative as it was prescient.
SHANGHAI: Asian shares rose on Wednesday while the U.S. dollar stood near its lowest levels this year after U.S. Federal Reserve officials reaffirmed a dovish monetary policy stance, providing yet more assurance to investors worried about the inflation outlook.