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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Breaking News: Asia
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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SoftBank swings back to investment gain at Vision Fund, announces up to $3.4 billion share buyback
SoftBank announced it would buy back up to 6.8% of shares available amounting to up to 500 billion yen ($3.4
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Bank of Japan raises benchmark interest rate, outlines roadmap for trimming bond buying program
The central bank said that it will reduce the monthly outright purchases of JGBs to about 3 trillion yen per
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China calls for bolstering tech ‘breakthroughs’ and achieving the full-year growth target
China's top leaders met from Monday to Thursday in Beijing for a highly anticipated policy meeting called the Third Plenum.
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