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A man walks past a housing complex by Chinese property developer Evergrande in Guangzhou, China’s southern Guangdong province on September 17, 2021. Noel Celis | Afp | Getty Images Shares of Chinese property developers rallied on Monday after major cities in mainland China unveiled easing measures to boost homebuyer sentiment, following the central bank’s blitz … Read more
Andy Rothman of Matthews Asia says the policy measures from the People’s Bank of China and the Politburo are a small part of the process of restoring confidence and more are needed. He highlights that things will need time to change. Source link
China’s economy weakened further in recent weeks, surveys released Monday showed, signaling the need for support as the government ratchets up stimulus. The Caixin purchasing managers survey showed new manufacturing orders fell at the fastest pace in two years in September. An official measure released by the National Bureau of Statistics showed a less drastic … Read more
An ugly scene occurred in the stands of Mercedes-Benz Stadium during Sunday’s 26-24 win by the Falcons over their NFC South rival, the Saints. Video emerged of a horrifying fight in the upper levels of the Falcons’ stadium where a fan in a white Falcons jersey was recorded kicking and stomping on the head of … Read more
Suga from K-pop boy band BTS has been fined 15 million won ($11,500; £8,600) for driving an electric scooter while intoxicated, according to media reports. The singer, whose real name is Min Yoon-gi, was indicted in August after police found him trying to get up after falling off the scooter near his Seoul home and … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Nick Samouilhan of Wellington Management discusses his outlook on the Chinese equity markets and says that with the good global growth picture, investors should have positive views on many asset classes but hold them “very lightly”. Source link
BANGKOK — BANGKOK (AP) — A new investigation focused on three of the world’s largest producers of shrimp released Monday claims that as big Western supermarkets make windfall profits, their aggressive pursuit of ever-lower wholesale prices is causing misery for people at the bottom end of the supply chain. The regional analysis of the industry … Read more
Coldplay’s 10th studio album and the American Music Awards celebrating their 50th anniversary are some of the new television, films, music and games headed to a device near you. Also among the streaming offerings worth your time as selected by The Associated Press’ entertainment journalists: Sarah Paulson plays a woman in fear of a sinister … Read more
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Yun Liu of HSBC says Malaysia’s economic growth is ‘on fire at all fronts’, and discusses strength of the ringgit and increasing amount of Chinese investments into the country specifically related to green transition. Source link