BEIJING - Russia is China's comprehensive strategic partner of coordination, and whatever volatile changes may take place in the international arena, China will not change its determination to deepen relations with Russia, Chinese President Xi Jinping said Thursday. China’s State newsagency, Xinhua, reported that Xi made the remarks during a phone conversation with Russian President Vladimir Putin.
ATI Newswire - Subscriber Only
SEOUL - Q3 GDP growth in South Korea picked up to 3.6% y/y (1.4% q/q sa) from 2.7% y/y previously. The expansion was broad-based across exports, private consumption and facilities investment.
HONG KONG – The Hong Kong Stock Exchange will introduce its cash-settled TSI Iron Ore Fines 62 per cent Fe CFR China Futures (Iron Ore Futures), its first ferrous metal product, on Monday, November 13.
MUMBAI - Tata Starbucks Private Limited, the 50/50 joint venture between Starbucks Coffee Company and Tata Global Beverages Limited, has celebrated the opening of its 100th store in India, located in Mumbai, and its five-year anniversary in India with a series of strategic initiatives reaffirming its long-term commitment to the market.
TOKYO – In a note on the implications of Prime Minister Abe’s re-election, the Chief Global Strategist of Nikko Asset Management, John Vail, along with NAM’s Chief Investment Officer – Japan, Hiroki Tsujimura, and Head of Japan Equity Fund Management, Jiro Nakano, say there is little doubt that Abe wants a rising stock market.
HONG KONG - Xi Jinping is the first incumbent Chinese president to resume the “core” position in the Communist Party and write his name into Constitution after Mao. Global asset manager Natixis argues that a Communist Party equipped with authoritarian power is a double-edged sword for the Chinese economy.
HONG KONG – Exhibitors and buyers at the HKTDC Hong Kong Watch & Clock Fair, the largest event of its kind in the world are divided when it comes to the level of sales anticipated over the next 12 months, with exhibitors showing significantly higher optimism than their counterparts on the buying side.
Greater unity was on show when it came to evaluating product trends, with the majority of buyers and exhibitors agreeing that smart watches will remain the most popular items well into 2018.
BEIJING - Xi Jinping, General Secretary of the Communist Party of China (CPC) Central Committee, has promised further reform and opening-up at a media conference here today. "We will review our experience and build on the good momentum to continue modernisng China's system and capacity for governance, and make determined efforts to comprehensively deepen reform and open China still wider to the world," the State newsagency, Xinhua, quoted Xi as saying.
NEW DELHI - The Government of India has announced a bank recapitalisation plan overnight. The plan envisages a combination of issuance of bank recapitalisation bonds, increase in budgetary allocations and equity issuance.
TOKYO – In a Client Note reviewing the outcome of the Japanese Lower House election, global asset manager Natixis describes Japan’s strong economic growth and record high geopolitical risk in the Korean peninsula as important tailwinds leading the Abe Government to victory. Swing votes distributed to a wide range of oppositions also turning into the ruling LDP’s advantage.
BEIJING - The Communist Party of China (CPC) has included Xi Jinping's military thinking and the Party's "absolute" leadership over the Armed Forces into its Constitution, according to a resolution approved by the 19th CPC National Congress today.
BEIJING - The 19th National Congress of the Communist Party of China (CPC) establishes the historical position of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, according to a resolution approved by the Congress today. "This Thought must be adhered to and steadily developed on a long-term basis," the resolution said, according to a report by the State newsagency, Xinhua.
BEIJING - The China Banking Regulatory Commission (CBRC) will step up supervision of sprawling financial markets, despite initial success in curbing credit-fuelled speculative activities, Chairman Guo Shuqing said at a press conference during the 19th National Congress of China’s Communist Party.
BEIJING - China’s first 10 electric "Chinese red" buses were put into service yesterday. The buses, 18 metres in length, are shaped like bionic dolphins with lightweight design. They also have a multi-functional area for passengers who are unable to move freely.
HONG KONG - While the good performance of the first two quarters in 2017 (growth of 6.9%) should carry further to Q3 given strong fiscal and monetary tailwinds, there have already been some signs of deceleration IN China’s economy, especially for exports, investment and the slowdown in real estate prices, says global asset manager Natixis in a research report.
WASHINGTON - The US Treasury has not labelled any country a currency manipulator in its latest semi-annual report. China, Japan, South Korea, Germany and Switzerland remain on the Monitoring List, but Taiwan has been dropped.