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Asia shares look to China for recovery lead, earnings in focus
SYDNEY/HONG KONG, Jan 19 (Reuters): Asian shares climbed on Tuesday as investors wagered China's economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to recovery in the West.
Ambani, Adani (India's richest men) caught in crossfire over farming laws in country
NEW DELHI, Jan 19 (Bloomberg): Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to Prime Minister Narendra Modi.
Asian share markets edged ahead Tuesday
SYDNEY: Asian share markets edged ahead on Tuesday as investors wagered China's economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to recovery in the West.
Coronavirus: U-turn on Lunar New Year flower markets causes confusion for Hong Kong florists
Fairs will run in their traditional format with more stringent crowd-control measures to minimise infection risks, government sources sayFlower growers say reversal has come too late but politicians across the political divide welcome the move
European stocks end higher as Stellantis, luxury stocks jump
LONDON: European stocks rose on Monday as a jump in carmaker Stellantis and luxury stocks helped reverse early market losses due to worries about an economic recovery and losses in French grocer Carrefour.
Restaurants face a quiet CNY as more cancel bookings
RESTAURANTS are facing a bleak Chinese New Year this year as an increasing number of customers have cancelled their bookings for the reunion dinners and the traditional appreciation dinners (sau kong jau) due to the latest movement control order, reports China Press.
Kenanga: Genting Malaysia to feel pinch from lockdown
PETALING JAYA: Kenanga Research has lowered its earnings estimates on Genting Malaysia Bhd as it forecasts a deeper impact on operations due to further lockdowns domestically and in the UK.
Philippine banks rebound faster than post-Asia crisis
Record-low interest rates, higher capital the catalyst
Thailand sold itself as a paradise Covid retreat ... But no one came
BANGKOK, Jan 18 (Bloomberg): It’s hard to imagine a more luxurious place to spend two weeks of quarantine than the Anantara Phuket Suites & Villas in Thailand, where visitors are pampered in private residences that can have their own pool and courtyard.
Emerging markets: Samsung Elec knocks down S. Korean stocks; banks drag Malaysia
South Korean shares fell more than 2% on Monday, dragged down by steep losses in heavyweight Samsung Electronics, after its vice chairman was sentenced to two and a half years in prison over a bribery case.
