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U.N. official still hopes Musk will 'step up' to fight world hunger
DAVOS (Reuters) - David Beasley, the U.N. World Food Programme official who clashed with Elon Musk on Twitter last year, said on Monday he hadn't given up on the Tesla billionaire contributing to the fight against world hunger, though the two are not in direct contact.
HKEX to set up two overseas offices in US, Europe to attract more global IPOs, investment, CEO Aguzin says
Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock market, will establish two international offices over the next year to reach out to more overseas investors and market the city as a fundraising destination, according to its chief executive.
China’s elderly want to enjoy their golden years, not raise next generation unless paid for it
While grandparents worldwide often enjoy the retired life – pursuing hobbies, travelling the world and occasionally visiting their children and grandchildren – retirees in China are often stuck at home, tasked with taking care of the little ones while their sons and daughters go to work.
Earnings pitfall awaits Meituan, Alibaba stock buyers as China lockdown blunts spending
Investors rushing back into Chinese technology stocks on recent market upgrades face a pitfall in the form of weak corporate earnings. The latest results from Tencent Holdings and JD.com show it may still be a falling-knife market.
China’s children of the 70s come to the fore as next generation of leaders starts to emerge
China-watchers are keeping a close watch on the rise of politicians born in the 1970s, as the Communist Party’s next generation of leaders is likely to come from this group.
Chinese province of nearly 100 million to Covid-19 test every two days
The Chinese province of Henan has ordered its nearly 100 million people to take a Covid test every two days, an unprecedented step as the country grapples with an Omicron-fuelled surge.
Emerging markets: Bank Indonesia's policy meeting on Tuesday awaited as Asian FX edges higher as dollar weakens
Asian currencies overcame early market pressure to edge higher against a tepid US dollar on Monday, while the Singaporean dollar rose to a 2-1/2-week high after data showed the city-state witnessed its fastest rise in core inflation in a decade.
Tencent billionaire airs frustration during China’s slowdown
Tencent Holdings Ltd’s billionaire co-founder Pony Ma shared a viral opinion piece on the economic costs of China’s strict Covid Zero measures, in a rare show of frustration after his company struggled to grow during the first quarter.
Oil firms on tight supply as US driving season looms
Oil prices gained on Monday with United States. fuel demand, tight supply and a slightly weaker US dollar supporting the market, as Shanghai prepares to reopen after a two-month lockdown fuelled worries about a sharp slowdown in growth.
Alibaba, Kuaishou pace Hong Kong stock losses on tech earnings outlook while Beijing faces tighter Covid rules
Hong Kong stocks fell from a two-week high amid concerns about earnings slippage on Covid-19 lockdowns as XPeng, Kuaishou and Alibaba Group Holding prepare to issue their report cards this week. Beijing also stoked concerns about tighter social mobility controls.
