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HONG KONG: Chinese social media and gaming giant Tencent Holdings is testing the market's appetite for a U.S. dollar bond deal it plans to offer, according to a term sheet reviewed by Reuters.
SYDNEY: Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy.
HONG KONG: Hong Kong’s stock exchange, seen as one of the potential big winners from a bill last week by the United States Senate to limit listings of Chinese companies, Hong Kong Exchanges & Clearing Ltd (HKEX), now faces what could be an even more rocky year than 2019, when political unrest cooled trading and brought revenue growth to a near standstill.
HONG KONG: Hong Kong stocks reversed early losses to end higher on Monday, helped by gains in tech and consumer firms, in anticipation of further stimulus measures from Beijing to boost domestic consumption and seek tech self-sufficiency.
SINGAPORE/SHANGHAI: Chinese financial investors betting on a rebound in oil prices are filling commercial storage tanks held by the Shanghai futures exchange just as fast as the exchange can find them.
WASHINGTON: Long divided between those pushing for a hardline stance and others advocating cautious engagement, President Donald Trump’s China advisers - under the shadow of the coronavirus crisis - appear to have moved closer together on a tougher approach to Beijing.
SYDNEY: A gauge of Asian stocks pared early gains on Monday amid souring relations between China and the United States, with Hong Kong shares extending losses on mounting fears about future stability in the city.
TOKYO: Oil prices eased on Monday on concerns over rising tensions between the United States and China over Beijing's plans to impose security laws on Hong Kong and the possibility of sanctions from Washington.
TOKYO: The dollar edged higher against most Asian units on Monday as worries about a standoff between the United States and China over civil liberties in Hong Kong fuelled demand for safe-haven currencies.
HANGZHOU, China/SHANGHAI: Cashback offers, up to 10 free oil changes, generous prepaid gasoline cards - these are just some of the giveaways China's auto dealerships are using to woo customers out and about after spending much of February and March in lockdown.