Month: October 2024

CNN

Tributes pour in for Ratan Tata from business titans and politicians

Tata is credited with taking his business house global via several high-profile acquisitions including that of Jaguar-Land Rover in 2008.

CNN

China’s property stimulus raises optimism — however extra steps are wanted for a sectoral turnaround

Home sales during the Golden Week holiday — which is traditionally a peak period for big-ticket spendings — have been on a multi-year decline since 2021.

CNN

Saudi Arabia’s PIF cuts stake in Nintendo after report stated it was contemplating improve

The PIF reduced its stakehold in the Japanese video game giant to 7.54% from 8.58% previously, according to a Japanese regulatory filing.

CNN

Japan PM Shigeru Ishiba asks ministers to craft financial reduction bundle to cushion inflation affect

During his campaign, Ishiba vowed to reduce the burden on households suffering from rising living costs and showed intentions to boost rural revitalization.

CNN

Why oil costs have not skyrocketed on Center East provide fears — but

Energy analysts have questioned whether oil markets are being too complacent about the risk of a widening conflict in the Middle East.

CNN

Hong Kong snaps six-day successful streak as China stimulus rally fizzles

Markets in mainland China will remain closed until Oct. 8 for a week-long holiday and South Korea will be shut Thursday for National Foundation Day.

CNN

China property shares surge to highest ranges in a 12 months as stimulus rally continues

Shares of most Hong Kong-listed Chinese property stocks surged to their highest in over a year, as China’s recent slew of stimulus continue to buoy markets.

CNN

China’s financial woes dampen ‘Golden Week’ vacation journey

Not only have flights been cheaper, data also indicates that travelers may be opting for lower cost transport options.