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BEIJING: China's factory activity grew at a slower pace in August as floods across southwestern China disrupts production, but the services sector expanded at a solid rate in a boost to the economy as it continues to recover from the coronavirus shock.
CHINA has a key window of opportunity to advance its pursuit of yuan internationalisation as global investors are seeking stability amid volatility in markets caused by the Covid-19 pandemic.
HONG KONG: A slump in real yields on US Treasury bonds is set to stoke demand for Asian government debt as the search for income forces investors to take on more risk.
(Reuters) - The Badminton World Federation (BWF) on Thursday announced a revised tournament calendar with the World Tour set to return with back-to-back Super 750 events in Odense, Denmark beginning on Oct. 13.
HONG KONG, Aug 27 (AFP): Most markets fell Thursday ahead of a key policy speech by Federal Reserve chief Jerome Powell, while geopolitical concerns returned after Beijing fired missiles into the South China Sea and the US sanctioned several Chinese firms linked to the disputed region.
A Canadian court blocked Huawei Chief Financial Officer Meng Wanzhou's request for the release of more documents related to her arrest in 2018, court documents released on Tuesday said.
(Reuters) - The PGA Tour's CJ Cup has been switched to Las Vegas from South Korea because of travel restrictions amid the COVID-19 pandemic, the Tour said in a statement https://www.pgatour.com/news/2020/08/24/pga-tour-cj-group-announce-move-of-the-cj-cup-nine-bridges-to-shadow-creek.html on Tuesday.
MUMBAI: Investors are piling into multiplex operators’ stocks in India despite the box office window being shut for four months, hoping that cost cuts and sufficient liquidity will aid the companies to ride through the disruption.
LONDON: In the 19th century California gold rush, the surest way to a fortune, according to Mark Twain, was to be in the “pick and shovel business.” If 2020 gold fever has an equivalent, it’s the ETF business.