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After defeating the domestic Covid-19 epidemic, China’s focus is now shifted to restarting its virus-battered economy.
INVESTORS have been warned: the worst is yet to come.
SHANGHAI: Vanguard Group and Ant Financial’s joint venture is rolling out a new robo adviser to target the Chinese fintech giant’s 900 million users, a first step in winning a slice of the nation’s fast growing asset management business.
HONG KONG: Huawei Technologies Co reported a healthy bump in revenue and earnings for 2019, in spite of a sustained effort from the United States to curtail its business on the global stage
HONG KONG/SHANGHAI, March 31 (Reuters) - Chinese shares edged up on Tuesday after the country reported a better-than-expected industrial activity, though fears of an economic fallout of the coronavirus pandemic led the stock market to its worst quarter since 2018.
BEIJING: China’s Geely Automobile Holdings Ltd said lower sales drove its 2019 net profit down 35%, as China’s overall auto market suffered a prolonged slump last year.
SHANGHAI: China stocks ended lower on Monday as investor concerns over coronavirus-driven global shutdowns overshadowed an unexpected rate cut by the country's central bank.
BEIJING/SHANGHAI: China's largest state banks said the impact of restrictions on movement imposed to slow the spread of the coronavirus could pull down asset quality as borrowers struggle to repay loans, though they are likely big enough to weather any fallout.
BEIJING: China's Geely Automobile Holdings Ltd said on Monday lower sales drove its 2019 net profit down 35%, as China's overall auto market suffered a prolonged slump last year.
SINGAPORE: The dollar snapped a week of declines and the safe-haven yen rose on Monday, as coronavirus lockdowns tightened across the world and investors braced for a prolonged period of uncertainty.