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Five reasons why India stocks are rallying and could keep going: India's stock markets have staged record-breaking rallies this year, making it a favorite among ...
cnbc.com/2023/12/14/five-reasons-why-india-stocks-are-rallying-and-could-keep-going.html
Five reasons why India stocks are rallying and could keep going
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Five reasons why India stocks are rallying and could keep going: India's stock markets have staged record-breaking rallies this year, making it a favorite among ...
cnbc.com/2023/12/14/five-reasons-why-india-stocks-are-rallying-and-could-keep-going.html
Five reasons why India stocks are rallying and could keep going
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Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...
asia.nikkei.com/Business/Markets/IPO/Hong-Kong-hit-by-third-straight-IPO-flop-as-AI-player-Mobvoi-disappoints
Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints
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China Stocks in Hong Kong Trounce Onshore Peers as Tech Rallies - Bloomberg: Chinese stocks listed in Hong Kong are poised for their best week versus mainland ...
bloomberg.com/news/articles/2024-04-26/china-stocks-in-hong-kong-trounce-onshore-peers-as-tech-rallies
China Stocks in Hong Kong Trounce Onshore Peers as Tech Rallies - ...
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Trading in China's SenseTime halted after shares pop 30% in Hong Kong: HONG KONG -- Trading in shares of SenseTime, the Chinese facial recognition giant ...
asia.nikkei.com/Business/Technology/Trading-in-China-s-SenseTime-halted-after-shares-pop-30-in-Hong-Kong
Trading in China's SenseTime halted after shares pop 30% in Hong Kong
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Nifty Bank under pressure after Kotak Mahindra Bank plunges 10%: The company's shares dropped 9.7 per cent to 1,665 rupees in pre-open trade ...
indianexpress.com/article/business/market/kotak-mahindra-bank-share-price-rbi-nifty-bank-bank-nifty-axis-bank-9289644/
Nifty Bank under pressure after Kotak Mahindra Bank plunges 10%
Quick Glance: RBI restricts Kotak Bank from online customer onboarding, issuing new credit cards
  • The RBI directed Kotak Mahindra Bank to halt onboarding new customers through online and mobile banking channels and suspend issuing new credit cards immediately.

  • Significant deficiencies and non-compliances in the bank's IT risk management and information security governance for 2022 and 2023 were highlighted by the RBI.

  • The bank was found to be materially deficient in operational resilience and was instructed to enhance its IT systems to protect customers and the financial ecosystem.

  • Historically, the RBI has enforced similar measures on other banks to ensure regulatory compliance, such as suspending customer onboarding and new credit card issuance.
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Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO: Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market ...
cnn.com/2024/04/23/investing/chabaidao-ipo-hong-kong-flop/
Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO
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HKEX’s 13% Drop in Profit Shows Challenges for New CEO Chan: Hong Kong stock exchange’s profit slid 13% in the first quarter, underscoring the uphill battle ...
bloomberg.com/news/articles/2024-04-24/hkex-s-13-drop-in-profit-shows-challenges-for-new-ceo-chan
HKEX’s 13% Drop in Profit Shows Challenges for New CEO Chan
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China’s Li Auto sees shares fall after price cuts: Shares of Chinese electric vehicle maker Li Auto fell as much as 8.3% in Hong Kong on Monday and were nearly 5 ...
technode.com/2024/04/23/chinas-li-auto-sees-shares-fall-after-price-cuts/
China’s Li Auto sees shares fall after price cuts
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Ping An Profit Falls as Market Rout Hurt Investment Returns: Ping An Insurance (Group) Co.’s profit dropped 4.3% in the first quarter as stock-market declines ...
bloomberg.com/news/articles/2024-04-23/ping-an-profit-falls-as-market-declines-hurt-investment-returns
Ping An Profit Falls as Market Rout Hurt Investment Returns
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More than 1 in 5 cars sold on Earth this year will be electric: 17 million electric vehicles will be sold in 2024, according to the International Energy Agency
qz.com/ev-electric-car-global-sales-growth-iea-report-1851434801
More than 1 in 5 cars sold on Earth this year will be electric
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
  • Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).

  • The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.

  • The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
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China tea chain ChaPanda sinks in Hong Kong IPO as market sours: HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda ...
asia.nikkei.com/Business/Markets/IPO/China-tea-chain-ChaPanda-sinks-in-Hong-Kong-IPO-as-market-sours
China tea chain ChaPanda sinks in Hong Kong IPO as market sours
Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
  • Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.

  • The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
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Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
Spot the difference: Hong Kong chef's tattered tee resembles $1 ...
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Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...
bloomberg.com/news/articles/2024-04-26/chinese-stocks-draw-record-3-billion-influx-by-global-funds
Chinese Stocks Draw Record $3 Billion Influx by Global Funds
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Record value for financial assets: German private households are richer than ever
n-tv.de/wirtschaft/Deutsche-Privathaushalte-sind-so-reich-wie-nie-article24882901.html
Record value for financial assets: German private households are richer ...
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
  • German private individuals hold a net wealth of 7716 billion euros.

  • Stocks and investment funds saw significant gains in the last quarter.

  • Cash and bank deposits remain the largest component of wealth.

  • Household net wealth increases by 244 billion euros to 5560 billion euros.
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As Blinken Heads to China, What’s on the Agenda?: China’s support for Russia will be a primary topic, along with war in the Middle East and tensions over Taiwan ...
thediplomat.com/2024/04/as-blinken-heads-to-china-whats-on-the-agenda/
As Blinken Heads to China, What’s on the Agenda?
Quick Glance: Blinken Discusses Key Issues with China
  • USA and China discuss global conflicts and tensions in Shanghai and Beijing.

  • Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.

  • Calls for China to exert influence on Iran and maintain stability in the region.

  • Disputes over human rights, synthetic opioids, and illegal activities.
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China's distressed property developers reveal wave of job cuts: HONG KONG -- Mainland Chinese property developers suffering from mounting debt obligations and ...
asia.nikkei.com/Business/Markets/China-debt-crunch/China-s-distressed-property-developers-reveal-wave-of-job-cuts
China's distressed property developers reveal wave of job cuts
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Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub Ambition: Hong Kong is set to follow in the footsteps of the US by listing a batch of ...
bloomberg.com/news/articles/2024-04-23/hong-kong-bitcoin-btc-ether-eth-etf-launches-to-test-crypto-hub-ambition
Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub ...
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China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
China's largest auto show showcases all-electric future, local brands ...
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Hong Kong Stock Exchange HKEX Gains on Hopes of a Market Revival: Hong Kong Exchanges and Clearing Ltd. is having its best week in years.
bloomberg.com/news/articles/2024-04-26/hong-kong-bourse-regains-favor-on-hopes-of-a-market-revival
Hong Kong Stock Exchange HKEX Gains on Hopes of a Market Revival
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3 African runners 'allowed Chinese athlete to finish first': China revokes win for He Jie after investigation into half marathon
asiaone.com/china/3-african-runners-allowed-chinese-athlete-finish-first-china-revokes-win-he-jie-after
3 African runners 'allowed Chinese athlete to finish first': ...
Quick Glance: Scandal at Beijing Half Marathon: 4 Runners Disqualified
  • Following an unusual finish at the Beijing Half Marathon, the top finishers were disqualified as three runners from Africa seemingly made way for a Chinese competitor to win.

  • The finish line incident caused a commotion, prompting questions about why the three other runners appeared to yield the victory to He.

  • Subsequent to the investigation, all four runners were disqualified for the pacemakers deliberately slowing down in the final two kilometers of the race, aiding He's victory.

  • Confirmation was provided by the organizers that although Xtep invited Mnangat, Keter, and Hailu as pacemakers, they were mistakenly registered as ordinary competitors.
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Record value for financial assets: German private households are richer than ever
n-tv.de/wirtschaft/Deutsche-Privathaushalte-sind-so-reich-wie-nie-article24882901.html
Record value for financial assets: German private households are richer ...