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China

Brazil election sees China-born candidate aspiring to historic win in municipal race

by Walter Watson
Brazil election sees China-born candidate aspiring to historic win in municipal race

Sao Paulo this year will elect 55 councillors from a field of 1,462 candidates, according to the country’s electoral court. Ye, born in a village near Lishui in Zhejiang province, …

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Opinion | China’s overheated government bond market is the least of its worries

by Anas Siddiqui
Opinion | China’s overheated government bond market is the least of its worries

Who said China’s financial markets were in turmoil? Since January last year, the yield on the country’s benchmark 10-year government bond – which moves inversely to prices – has fallen …

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Japan’s ministers visit Yasukuni shrine ‘in private capacity’ on World War II anniversary

by Walter Watson
Japan’s ministers visit Yasukuni shrine ‘in private capacity’ on World War II anniversary

Japan marked the anniversary on Thursday of its defeat in World War Two with visits by at least three cabinet ministers to the controversial Yasukuni Shrine that other Asian nations …

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China’s interbank system promoted as safeguard against Swift consequences

by Walter Watson
China’s interbank system promoted as safeguard against Swift consequences

China should promote its indigenous cross-border interbank system to reduce risks to its financial security, a senior researcher for a state-owned bank has said, as the drawbacks of a US-centred …

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Alibaba shares dip 4% in premarket after earnings miss expectations despite cloud acceleration

by Walter Watson
Alibaba shares dip 4% in premarket after earnings miss expectations despite cloud acceleration

Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024. Qilai Shen | Bloomberg | Getty Images Alibaba missed top and bottom line expectations …

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Australia, Indonesia inch towards boost in security ties with upgraded defence pact

by Walter Watson
Australia, Indonesia inch towards boost in security ties with upgraded defence pact

Prabowo – who will be inaugurated as Indonesia’s president in October – will also be making a trip to Canberra in the next few weeks to meet Australian Prime Minister …

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GEHC gives reasons to look beyond temporary China woes and shares reverse higher

by Akin Smith
GEHC gives reasons to look beyond temporary China woes and shares reverse higher

GE Healthcare on Wednesday morning reported a mixed second quarter and shares initially moved sharply lower. The stock then reversed higher as the post-earnings call got underway. Management made it …

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China’s July home prices fall at a slower pace as state support shows ‘some effect’

by Anas Siddiqui
China’s July home prices fall at a slower pace as state support shows ‘some effect’

Home prices across China suffered a 14th consecutive month of decline in July, a sign that authorities’ rescue package has done little to revive sentiment. Prices of new homes in …

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‘Not a bad thing’: Chinese students gave tours of National University of Singapore for cash

by Walter Watson
‘Not a bad thing’: Chinese students gave tours of National University of Singapore for cash

The average cost per person for such tours was 130 yuan, with prices dependent on what customers wanted to see, she said. The 24-year-old claimed she removed the listing on …

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Electric motor parts maker EuroGroup Laminations enters India, signs JV in China

by Horatio Thompson
Electric motor parts maker EuroGroup Laminations enters India, signs JV in China

Italian electric motor component maker EuroGroup Laminations is buying a 40% stake in India’s Kumar Precision Stampings, the company said shortly after announcing a preliminary agreement for a strategic electric …

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