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JPMorgan slashes price target for troubled China property giant Evergrande
LONDON (Reuters) - Investment bank JPMorgan slashed its price target for China's debt-hobbled property giant Evergrande Group to HK$2.80 from HK$7.20 on Friday, saying there was likely to be more nega...
Syndicated Content Sep 10, 2021
Marketmind: Hitting the buffers
A look at the day ahead from Sujata Rao. A phone chat between the U.S. and Chinese presidents has made all the difference to markets' mood: world stocks have snapped a three-day losing streak, the yua...
Syndicated Content Sep 10, 2021
China lobbies Australia parliament on joining regional trade pact
SYDNEY (Reuters) - China has lobbied the Australian parliament to help it join a major regional trading pact, describing the strength of Chinese trade with Australia and avoiding mention of billions o...
Syndicated Content Sep 10, 2021
Toyota cuts annual auto production target on shortage of chips, parts
TOKYO (Reuters) - Toyota Motor Corp, the worlds biggest automaker by sales volume, cut its annual production target on Friday by 300,000 vehicles because of a global shortage of chips and supplies of ...
Syndicated Content Sep 10, 2021
Swiss exchange SIX receives regulatory clearance for digital asset bourse
ZURICH (Reuters) - Swiss stock exchange SIX has received regulatory approval from the financial market supervisor for its new SDX bourse, it said on Friday, paving the way for it to go live with its m...
Syndicated Content Sep 10, 2021
China to kick off long-awaited Wealth Connect wrapping in HK, Macau
SHANGHAI (Reuters) - China will launch on Friday a long-awaited Wealth Management Connect scheme linking its southern province of Guangdong with neighbouring Hong Kong and Macau, as Beijing moves to i...
Syndicated Content Sep 10, 2021
China vehicle sales slid 18% in August – industry body
BEIJING (Reuters) - China's auto sales fell 17.8% in August from the corresponding month a year earlier, industry data showed on Friday. Overall sales in the world's biggest car market stood at 1.8 mi...
Syndicated Content Sep 10, 2021
Cineworld to pay $170 million to dissenting Regal shareholders
(Reuters) - Cineworld, the world's second-largest movie theatre operator, said on Friday it will pay $170 million to Regal Entertainment shareholders, who were against the London-listed company's take...
Syndicated Content Sep 10, 2021
UK economy grew by just 0.1% in July as Delta spread
LONDON (Reuters) -Britain's economy barely grew in July, rising by just 0.1% from June, the weakest expansion since January when the country went back into strict COVID-19 lockdown rules, official dat...
Syndicated Content Sep 10, 2021
Japan’s exports seen surging in August, wholesale prices staying high – Reuters poll
By Kantaro Komiya TOKYO (Reuters) - Japan's exports likely surged for the sixth straight month in August thanks to strong global demand for machinery goods and a flattering comparison with last year's...
Syndicated Content Sep 10, 2021
Peoria, IL, USA
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