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HONG KONG (AFP): Asian markets were mixed on Thursday (July 15) after China released a raft of key data indicating solid but slowing growth while the Federal Reserve chief said the US central bank would maintain its stimulus until the recovery was well under way.
HONG KONG: Asian shares headed for their best session in more than a fortnight on Tuesday after better than expected Chinese economic data and a rebound in China tech shares extended after Tencent secured regulatory approval for a major deal.
China’s market rebound in second half looks unlikely as policy tightening will hold back rally, BCA Research says
China’s domestic policy backdrop and economic fundamentals do not support a sustained rally in stocks in next six months, Canadian research firm saysChances of Beijing reversing policy tightening in case of a weakening in sentiment are low
NEW YORK: Oil edged up slightly on Friday even as the COVID-19 crisis in India worsened, and prices notched a second weekly gain against the backdrop of optimism over a global economic recovery.
THE release of the external trade statistics for March 2021 on Wednesday will be closely watched for signs of the country’s improving economy.
Development comes amid greater public scrutiny of how EV data is stored in China. Musk has said Tesla would cease operations if its cars were used for spying in China or elsewhere.
NEW YORK/LONDON: Gold prices hit a seven-week high and global stocks scaled new records on Friday after strong U.S. and Chinese economic data bolstered expectations of a solid global recovery from the coronavirus pandemic.
SINGAPORE: Oil prices extended gains on Friday and were on course for a weekly gain of more than 6% with an improved oil demand outlook and strong economic recoveries in China and the United States offsetting concerns about spikes in COVID-19 infections.
HONG KONG (AFP): Asian markets fluctuated on Friday (April 16) as record Chinese economic growth figures struggled to add fuel to a Wall Street surge that came on the back of blockbuster reports on US consumer spending and jobless claims.
NEW YORK: Oil prices settled higher Tuesday on strong Chinese import data, but the rally was capped by concerns that pauses on the Johnson & Johnson vaccine could delay economic recovery and limit oil demand growth.