Showing results for "China Gas Hldg"
markets
China Banks' Net Interest Margins Contracting, Jefferies SaysShujin Chen, head of China financial and property research at Jefferies, talks about the state of China's banking industry. Industrial & Commercial Bank of China Ltd., the nation’s largest lender, reported its first decline in quarterly profit in more than a year. Agricultural Bank of China Ltd., said profit fell 1.6%, Bank of China Ltd. also reported a 2.9% on-year decline in net income, and China Construction Bank Corp.’s first-quarter profit slid 2.2%. Chen speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)April 29, 2024
markets
Hong Kong Debuts Spot-Bitcoin (BTC), Ether (ETH) ETFs in Crypto Hub BetA batch of exchange-traded funds investing directly in crypto debuted in Hong Kong on Tuesday, heralding potential competition for US Bitcoin products whose popularity stoked a record rally in the digital asset.April 29, 2024
markets
Gold Set to Gain for Third Straight Month Ahead of Fed MeetingGold was on track for a third straight month of gains due to strong central bank and haven demand, as the focus turned to this week’s Federal Reserve rate-decision meeting at which policymakers are expected to strike a hawkish tone.April 29, 2024
business
Bloomberg Daybreak Asia: Elon's China Trip Pays Off (Podcast)Source: Bloomberg, 20:01April 29, 2024
markets
China Vanke Will Need Government Support if No Sales Turnaround: JefferiesShujin Chen, head of China financial and property research at Jefferies, discusses the financial results of property developer China Vanke Co., which recorded a second consecutive quarterly loss, and the prospects for the industry. She speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)April 29, 2024
technology
Japan’s Factory Output Records Weakest Quarter Since PandemicJapan’s factory output rebounded in March from a dismal start to the year, with the quarterly figure registering the weakest performance since the height of the pandemic in a sign the economy may have contracted during the period.April 29, 2024
markets
Blackstone in Talks to Buy Dulwich Schools in Singapore, SeoulBlackstone Inc. is nearing a deal to buy some of Dulwich College International’s Asian assets for about $600 million, according to people with knowledge of the matter, underscoring the continued appetite of buyout firms in the education sector.April 29, 2024