Hong Kong stocks fall as investors digest China economic data, await Fed rate verdict
Several Asia-Pacific markets were closed Monday; Aussie, Taiwan stocks higher on hopes that Fed will kick off the rate-cutting cycle
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Breaking News: Asia
China’s exports grow by 8.7% in August, beating expectations
China's exports have been a bright spot in an economy otherwise struggling to boost domestic demand. Source link
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U.S. Steel shares drop more than 15% on report White House preparing to block Nippon Steel takeover
U.S. Steel shares drop more than 15% on report White House preparing to block Nippon Steel takeover Source link
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What’s stalling China’s stock market recovery, according to KraneShares’ CIO
With investors fleeing Chinese stocks over growth concerns, the case for fiscal intervention could be stronger than ever. Source link
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Alibaba shares dip 3% after quarterly earnings miss expectations despite cloud acceleration
Alibaba continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer. Source link
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China reports slight beat in July retail sales, but industrial data disappoint
Other data for July released in the last two weeks have indicated consumer demand remains sluggish. Source link
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Japan second-quarter GDP beats expectations, expands 0.8% from previous quarter
On a year-on-year basis, however, the country's GDP fell for a second straight quarter, down 0.8% after having declined 0.9%
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Chinese tech giant Tencent’s quarterly profit jumps 82% as key gaming unit accelerates
Tencent beat second-quarter top and bottom line estimates as growth in its key gaming division accelerated. Source link
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China’s consumer prices pick up more than expected in July, up by 0.5%
China's consumer prices rose by a more-than-expected 0.5% in July from a year ago, according to data from the National
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