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The Hong Kong market has seen a notable uptick, with the benchmark Hang Seng Index gaining 2.14% recently, despite broader concerns about China’s economic outlook and corporate earnings missing expectations. In this environment, identifying high-growth tech stocks becomes crucial as these companies often demonstrate resilience and potential for significant returns amidst fluctuating market conditions. Top…
China’s largest technology companies are returning more of their cash to shareholders than ever before, as they continue to ramp up buybacks to support their flagging stocks. Repurchases of shares listed in Hong Kong have reached HK$187 billion ($24 billion) so far in 2024, already surpassing last year’s record total, according to data compiled by…
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Europe’s aviation safety agency said Thursday it will require inspection of part of the fleet of Airbus A350 wide-body jets in operation after an engine fire on a Cathay Pacific flight. Rolls-Royce, which makes the engines on Cathay’s A350s, confirmed it was launching “a one-time precautionary engine inspection programme” and was “working very closely” with the…
By Farah Master HONG KONG (Reuters) – Powerful gales and heavy rain from Super Typhoon Yagi drenched southern China on Friday, with schools shut for a second day and flights cancelled as one of the strongest storms to hit Asia this year headed for landfall along Hainan’s tropical coast. Packing … Source link
US Secretary of State Antony Blinken said on Thursday it was incumbent on both Israel and Hamas to say yes on remaining issues to reach a Gaza ceasefire deal. Nearly 90% of the Gaza ceasefire deal is agreed, but there are critical issues remaining where there are gaps, including the issue of the Philadelphi…
3 CITY BAR TAKEOVER SERIES BENGALURU 4TH| MUMBAI 6TH| DELHI 7TH SEPTEMBER 2024 MUMBAI, India, Sept. 5, 2024 /PRNewswire/ — All Things Nice with the support of the Hong Kong Tourism Board are happy to present a guest shift bar takeover series in India with Quinary from Hong Kong, one of the world’s leading bars…
Amid mounting geopolitical headwinds and a slowing economy in China, Alibaba (BABA) is looking outside of its home market to spur growth. For Alibaba.com — the e-commerce giant’s international business-to-business arm — that means attracting more global small and medium-size business buyers to the platform and expanding its supplier base outside of China. On Thursday,…
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The year’s first super typhoon erupted over the steamy waters of the western Pacific Ocean on Thursday as Yagi churned toward an eventual landfall in southern China. Having formed as a tropical cyclone in the Philippine Sea on Sunday, the powerful storm peaked on Thursday afternoon local time with maximum sustained winds of 150 mph,…