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29 Feb Putin could announce Russian troops will enter Transnistria region

Posted at 07:20h in Europe

Russian President Vladimir Putin during a meeting with his confidants for the 2024 election at Gostiny Dvor in Moscow, Russia, on Jan. 31, 2024.Maxim Shemetov | ReutersSpeculation is mounting that Russian President Vladimir Putin will use his annual address to Russian lawmakers Thursday to announce...

29 Feb Opinion | 9 lessons for investors in new era of stock market record highs

Posted at 07:15h in Asia

One day last week, my screen of daily global stock market price indices was a sea of green as every price was up. India touched an all-time high a month ago, earlier this month it was Australia and last week the EuroStoxx 600, the US...

29 Feb Volkswagen teams up with Xpeng to develop 2 electric cars as it hopes to regain lost ground in the world’s largest EV market

Posted at 04:46h in Asia

“In the world’s largest and fastest-growing EV market, speed is fundamental when it comes to tapping into promising market segments,” Volkswagen’s China chief executive Ralf Brandsatter said in the statement.“Through the partnership with Xpeng, we are not only accelerating development times, but also boosting efficiency...

29 Feb HKEX, Hong Kong’s stock market operator, reports 18% gain in 2023 earnings as CEO Aguzin exits after choppy 3 years

Posted at 04:29h in Asia

Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock exchange, said earnings jumped last year by the most since 2020 on the back of a surge in investment income and derivatives trading as CEO Nicolas Aguzin ends his tenure after a tumultuous three...

29 Feb China’s BYD looking for Mexico EV plant location, Americas CEO Stella Li says

Posted at 03:23h in Asia

Chinese electric-vehicle (EV) maker BYD is looking for a location in Mexico to set up a factory aimed at boosting the company’s share of the local market, BYD Americas CEO Stella Li said on Wednesday.The company expects to choose a location for the plant, which...

29 Feb Hong Kong stocks set for best monthly gain since January 2023 on property tonic, China market intervention

Posted at 03:13h in Asia

Hong Kong stocks set for best monthly gain since January 2023 on property tonic, China market interventionHong Kong stocks rose, underpinning the best monthly performance since January 2023 as the city’s government took steps to revive the property market. Market sentiment improved after China’s state-run...

29 Feb Opinion | How Hong Kong can avoid being sidelined in the Greater Bay Area

Posted at 01:30h in Asia

Nearly seven years ago, Chinese President Xi Jinping witnessed the signing of the framework agreement on deepening cooperation between Hong Kong, Macau and Guangdong province as part of the Greater Bay Area, which was envisioned as a world-class cluster of cities in the Pearl River...

29 Feb Beijing housing authority’s proposal to regulate rental fees will revive confidence in leasing market, analysts say

Posted at 00:30h in Asia

The escrow accounts are for holding deposits only, and do not allow for overdrafts, unless otherwise stated. 10:57Boom, bust and borrow: Has China’s housing market tanked? Boom, bust and borrow: Has China’s housing market tanked? The proposed measures serve to “support” Beijing’s housing rental regulations, which...

28 Feb Exclusive | Guinness World Records: HSBC Life clinches title with US$250 million insurance policy sale in Hong Kong

Posted at 23:30h in Asia

“The sale of such an insurance policy shows Hong Kong’s rise as a leading ultra-high-net-worth insurance market in Asia and the world,” Moncreiffe said in an exclusive interview with the Post. “Previously, such jumbo-sized policies have only been issued in the US, UK and Bermuda....

28 Feb Bitcoin remains fast-trending topic on Chinese social media as cryptocurrency’s surging price overcomes stigma of government ban

Posted at 23:00h in Asia

Bitcoin’s popularity also increased more than 358 per cent from a day ago on Chinese super app WeChat, according to Tencent Holdings’ official WeChat Index, which tracks keyword traction across in-app search, videos, live streams and blog posts.The Chinese government banned banks from handling bitcoin...

Author: admin