Stocks in Asia traded in tight ranges amid relatively thin holiday trading after a rally in some of the world’s largest technology companies boosted US benchmarks. Shares swung between gains and losses in Japan and edged lower in Australia, with shortened sessions in Hong Kong and Sydney for Christmas Eve. US equity futures were little … Read more
Equities in Asia rose ahead of interest-rate decisions by major central banks across the globe due later this week, including the Federal Reserve. A key stock benchmark for the region climbed, as did shares in Australia and Japan. South Korean equities fell, while futures for Hong Kong stocks pointed to a decline. The moves came … Read more
Hong Kong CNN Business — China’s Singles Day, the world’s biggest annual shopping event, is known for regularly smashing sales records. This year’s bonanza, which wraps up on Friday and is led by internet titans Alibaba (BABA) and JD.com (JD), will likely be no exception: Analysts expect it to rack up 1 trillion yuan ($140.8 … Read more
MUMBAI: Hindustan Unilever Ltd (HUL) chairman Sanjiv Mehta said India needs to be “aggressive with spending” before it’s too late and called for interest rates to be slashed given the signs of urban distress that have emerged in the wake of the Covid-19 pandemic. “There is a curve of cost of doing and the cost … Read more