hong kong CNN Business — Market sentiment on Chinese stocks hit rock bottom just weeks ago after President Xi Jinping secured a historic third term in office and piled his best team with loyalists in a sweep not seen since Mao era. But last week, a series of unexpected moves from Beijing — the easing …
Americans could face the highest gas prices ever for the Thanksgiving holiday season, as millions prepare to hit the road amid still-high prices and inflation. The national average price of a gallon of gasoline is expected to hit $3.68 next Thursday, November 24, as Americans gear up for the holiday. That number is 30 cents …
Chinese coronavirus testing providers have reported rising unpaid fees as cash-strapped local governments struggle to fund a mass testing program that is at the heart of President Xi Jinping’s zero Covid policy. Public records show accounts receivable from the country’s top 11 PCR testing companies soared nearly 90% year-on-year to Rmb38 billion ($5.4 billion) in …
Chinese coronavirus test providers hit by payments crisis Read More »
TOKYO (AP) — Stocks were mostly higher in Asia on Friday, led by a 5.8% jump in Hong Kong’s Hang Seng index as Chinese markets were boosted by speculation that Beijing could begin to ease. pandemic restrictions. The Tokyo Nikkei fell, catching up after Japanese markets closed on Thursday for a holiday. Investors are watching …
Asian markets rise, except for Japan, ahead of US jobs report Read More »
Sir Paul McCartney is said to have pocketed £1.5m in just 12 months investing in promising businesses. The £800m singer, 80, started MPL Ventures during the COVID-19 pandemic and has since backed a plant-based chicken company as well as a music technology behind ABBA’s latest album, Voyage, it has been claimed. A source told The …
