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HONG KONG: Technology stocks led Chinese shares lower as regulators took aim at gaming companies for focusing solely on profit, underscoring the market’s continued vulnerability to policy risks.
Firm becomes first wholly foreign-owned manager
NEW YORK: A contingent of Wall Street veterans and high-level Chinese government officials are seeking to open up talks again, as business leaders work outside of the Biden administration for greater access to the world’s most populous country.
MUMBAI: India’s sovereign bond market is pricing in growing inflation risks, even as the central bank sees the price pressures as transient.
Hong Kong stocks rebound from biggest weekly slide in five months as traders change tack to skirt Beijing’s regulatory assault
The city’s benchmark index rose as traders rotated into green-economy businesses such as EV makers to ward off regulatory risksTraders may need to brace for even wilder price swings after a gauge of implied volatility rose to a 14-month high last week
A year ago, investment circles were abuzz about an eastward leap across the Atlantic. But that stock market trade has yet to bear fruit – undermining advice to do it yet again this year.
MUMBAI: A top Indian fund manager is shunning lower-rated rupee corporate bonds until the impact of the world’s worst Covid-19 crisis on weaker borrowers is better understood.
BlackRock Inc. became the first foreign asset manager allowed to start a wholly owned mutual fund business in China, a step toward winning a slice of one of the fastest-growing wealth markets.