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Hedge fund index dampens Chinese zeal for long-only bets
Yanlian China Hedged Fund Index, which tracks 50 Chinese investment funds with hedging strategies, generated an annualized return of 11.5% over the past five years
Chinese Communist Party applies unfair means to hijack global order
Scholars recently gathered together to discuss the emerging threat to the...
China factory output flat, retail sales slip in July
The data reported on Friday show that despite a rebound in Chinese exports, overall dome...
S&P 500, Nasdaq close at record highs on trade, vaccine developments
That split, which will reduce Apple's weight in the Dow, prompted a reshuffle in the blue-chip industrial average, with Salesforce.com replacing Exxon Mobil Corp, Amgen Inc taking Pfizer Inc's spot, and Raytheon Technologies Corp ousted by Honeywell International Inc .
By this measure, China’s Yuan is best-placed since 2012 rally
The onshore currency’s 50-day moving average has fallen below its 200-day mean, completing the so-called golden cross pattern that some analysts interpret as a sign that a rally will continue.
Rupee opens 11 paise higher at 73.44 against dollar
On the domestic front, market participants will be keeping an eye on the industrial production number that will be released on Friday and the weaker-than-expected number could keep gains capped for the currency.
China shares regain ground as data signals firm economic rebound
The Shanghai Composite index was up 0.26% at 3,205.23 and the blue-chip CSI300 index was up 0.51%.
China stocks gain as dismal trade data fuels stimulus hopes
At the close, the Shanghai Composite index was up 0.24% at 2,937.77.
Asian economies stand to win some and lose some as Covid accelerates a shift in supply chains: Moody's
While countries look to reduce their reliance on a single supplier, much to the benefit of export-oriented Asian economies other than China, localisation of productive capacity, especially in strategic sectors like pharmaceuticals, will have negative effects for Asian producers, Moody's said.
Cement maker Dalmia Bharat aiming to emerge stronger, despite sluggish industry growth
Besides, the company expects the cement industry, hit hard by the COVID-19 pandemic, to rebound amid the government's push towards big infrastructure projects and affordable housing.
Kamala Harris becoming President would be an insult to US, says Donald Trump
"People don't like her (US Democratic vice presidential nominee Kamala Harris)--nobody likes her. She can never be the first woman president of the US. It will be an insult to our country," he added.
China posts first GDP decline on record as coronavirus cripples economy
The pandemic has infected more than 2 million globally and killed more than 130,000. China, where the virus first emerged, has reported more than 3,000 deaths although new infections have dropped significantly from their peak.
Stressed about US stocks, investors are betting big on Europe
Investors from BlackRock Inc. to Manulife Investment Management say the region’s coordinated and fast response to the pandemic is also a good reason to be confident, despite the fact that European stocks have stalled since early June.
India attractive proposition for UK businesses exploring alternative to China: UKIBC
With the UK forging a new trading relationship with the world into 2021 and India establishing itself as a major global player, India is a key priority for trade and investment of the UK government and businesses, the UKIBC Group CEO stressed. The bilateral trade between the two countries stood at USD 15.5 billion in 2019-20 as against USD 16.87 billion in the previous fiscal.
Asian markets mixed as US-China tensions offset stimulus hope
Optimism over the development of a vaccine and a wall of government and central bank cash is providing much-needed support to equities as traders fret over a spike in new infections around the world and the reimposition of containment measures in the US and other key economies.