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July 13, 2020

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Breaking News: Asia

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Shanghai soars nearly 4% as ‘bull sentiment’ drives markets; WHO reports all-time high in coronavirus cases

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by CNBC023
CNBC – For more and to sign up click here Stocks in Asia Pacific were higher in Monday morning trade, with stocks in mainland China leading gains regionally. The Shanghai composite soared 3.97% in morning trade while the Shenzhen component rose 2.949%. The Shenzhen composite also jumped 2.781%  Amber Hill Capital’s Jackson......
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Hong Kong makes first arrest under China’s new national security law

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by CNBC011
CNBC – For more and to sign up click here Hong Kong Police Guard of Honour raises a Chinese national flag and a Hong Kong flag during a flag raising ceremony at the Golden Bauhinia Square on June 15, 2020 in Hong Kong, China. Anthony Kwan | Getty Images Hong......
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A private survey shows China’s manufacturing activity beat expectations in June

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by CNBC016
CNBC – For more and to sign up click here People work in a factory of optical fiber in Suixi in central China’s Anhui province Tuesday, June 23, 2020. Feature China | Barcroft Media | Getty Images Results of a private survey released on Wednesday showed China’s manufacturing activity expanded......
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China reportedly passes national security law for Hong Kong

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by CNBC023
CNBC – For more and to sign up click here Hong Kong Police Guard of Honour raises a Chinese national flag and a Hong Kong flag during a flag raising ceremony at the Golden Bauhinia Square on June 15, 2020 in Hong Kong, China. Anthony Kwan | Getty Images The......
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China says its factory activity expanded in June

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by CNBC014
CNBC – For more and to sign up click here A worker welding truck parts at a factory in Weihai, China, October 18, 2018. STR | AFP | Getty Images China on Tuesday said manufacturing activity expanded in June with the official Purchasing Manager’s Index coming in at 50.9. Economists polled......
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Asia markets mostly higher as U.S. virus cases surge; Qantas shares in Australia sink 8%

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by CNBC015
CNBC – For more and to sign up click here Stocks in Asia Pacific rose in Friday afternoon trade as the coronavirus situation stateside continued to be monitored by investors. In Japan, the Nikkei 225 rose 1.48% as shares of conglomerate Softbank Group jumped more than 3% while the Topix index added......
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India says officer, two soldiers killed in ‘violent faceoff’ on border with China

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by CNBC013
CNBC – For more and to sign up click here An Indian army truck drives along the Srinagar-Leh National Highway at Sonmarg some 89 kms of Srinagar on May 28, 2020. Tauseef Mustafa/ Getty Images The Indian army said on Tuesday one of its officers and two soldiers were killed......
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A private survey shows China’s manufacturing activity unexpectedly expanded in May

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by CNBC017
CNBC – For more and to sign up click here Workers make toys at a plastic product factory in Zhangjiajie, central China’s Hunan Province, May 27, 2020. Xue Yuge | Xinhua News Agency | Getty Images A private survey showed manufacturing activity in China expanded for the month of May. The......
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Chinese tech giant NetEase files for secondary Hong Kong listing, amid greater scrutiny over Chinese firms

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by CNBC026
CNBC – For more and to sign up click here Netease.com’s CEO William Ding Lei speaks during 2019 NetEase Future Conference at Hangzhou International Expo Center on November 23, 2019 in Hangzhou, Zhejiang Province of China. VCG | Getty Images NetEase, a U.S.-listed Chinese online gaming company, confirmed on Friday......
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China approves controversial national security bill for Hong Kong

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by CNBC022
CNBC – For more and to sign up click here Red flags fly in front of the Great Hall of the People as the third session of the 13th National People’s Congress (NPC) opens on May 22, 2020 in Beijing, China. Du Yang | China News Service | Getty Images......
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Hong Kong drops nearly 2% as U.S.-China tensions heat up; oil prices fall

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by CNBC022
CNBC – For more and to sign up click here Stocks in Asia Pacific were mixed in Thursday afternoon trade as mounting U.S.-China tensions weighed on investor sentiment. Hong Kong’s Hang Seng index fell 1.81% by the afternoon as shares of Chinese tech giant Tencent dropped 3.24%. Mainland Chinese stocks......
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Hong Kong plunges more than 3% following reports of Beijing’s plans for new security laws

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by CNBC032
CNBC – For more and to sign up click here Stocks in Asia Pacific were lower in Friday morning trade as tensions between the U.S. and China rise. Hong Kong’s Hang Seng index led losses among the region’s major markets as it plunged 3.13% in morning trade, with shares of......
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China will not set GDP target for 2020 as coronavirus batters economy

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by CNBC017
CNBC – For more and to sign up click here Chinese Premier Li Keqiang. Michele Tantussi | Getty Images China made a rare decision not to set a target for its economic growth this year due to uncertainties about the impact of the coronavirus. “I would like to point out......
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