Showing 1 - 10 of 81
China's economy grows at slowest pace in decades
AFP, Published on 17/01/2023
» BEIJING: China's economy grew last year at its slowest pace in four decades as it was hammered by Covid-19 lockdowns and a property crisis but the forecast-beating reading raised hopes for a strong recovery as it reopens.
'More the merrier': Asia tourist hubs ready for China influx
AFP, Published on 06/01/2023
» TOKYO: In Tokyo's Asakusa tourist district, caricaturist Masashi Higashitani is dusting off his Chinese as he prepares for an influx of travellers after Beijing ends inbound quarantine rules.
Markets rattled by fears of fresh Covid curbs in China
AFP, Published on 21/11/2022
» LONDON: Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China amid warnings that markets would remain lacklustre for some time.
China export growth slows sharply in August: official data
AFP, Published on 07/09/2022
» BEIJING: China's export growth slowed significantly in August, customs authorities said Wednesday, as economic uncertainty is exacerbated by strict Covid-19 lockdowns across the country.
Airbnb says record bookings signal travel rebound
AFP, Published on 04/05/2022
» SAN FRANCISCO: Bookings on Airbnb hit a new high in this year's first quarter, the home rental platform reported Tuesday, in a fresh signal that travel demand stifled by the Covid-19 pandemic is being unleashed.
Oil prices slide on China fears; Twitter rises on Musk deal
AFP, Published on 26/04/2022
» NEW YORK: Oil prices tumbled Monday along with equities in Europe and Asia on worries over a worsening Covid-19 outbreak in China, while US stocks finished a volatile session higher as Elon Musk sealed a deal to acquire Twitter.
China economy accelerates in Q1 but virus stalks outlook
AFP, Published on 18/04/2022
» BEIJING - China's economic growth accelerated in the first quarter of the year to 4.8 percent, official data showed Monday, but the government warned of "significant challenges" ahead while massive Covid-19 lockdowns started to bite.
China's imports fall as Covid outbreaks, lockdowns hit demand
AFP, Published on 13/04/2022
» BEIJING - China's imports shrank on-year in March for the first time in nearly two years, official data showed Wednesday, hit by coronavirus lockdowns and weakening consumer demand.
HSBC announces $1 bn share buyback as 2021 profits double
AFP, Published on 22/02/2022
» HONG KONG - HSBC on Tuesday announced bumper 2021 profits and plans to repurchase shares worth up to $1.0 billion as the Asia-focused bank continues its recovery from the coronavirus pandemic and major restructuring.
Why has a Chinese city's lockdown sent aluminium prices surging?
AFP, Published on 09/02/2022
» BEIJING - The Covid lockdown this week of a relatively unknown Chinese city sent global prices of aluminium rocketing to a 14-year high.