CLN KraneShares Key News Asian equities delivered mixed performance overnight, as Vietnam outperformed on a trade deal, while Taiwan, South Korea, and Thailand all lagged amid the absence of new deals. News broke that Treasury Secretary Scott Bessent will travel to Stockholm to meet his Chinese counterparts, a potential signal of further thawing in US-China…
CLN KraneShares April Economic Data Release New Home Prices Month over Month -0.12% Used Home Prices MoM -0.41% Property Investment Year-to-Date (YTD) -10.3% versus expectations -10% and March’s -9.9% Residential Property Sales YTD -1.9% versus March’s -0.4% Retail Sales +5.1% versus expectation 5.8% and March’s 5.9% Online Retail Sales +7.7% YTD YoY Industrial Production +6.1%…
Despite escalating trade tensions marked by unprecedented tariffs of 145% on Chinese exports to the United States, China’s technology stocks, including Alibaba BABA, JD.com JD, Baidu BIDU and Tencent Holdings TCEHY, are showing remarkable resilience and growth potential in 2025. This ongoing trade conflict has paradoxically accelerated China’s technological self-reliance and innovation capabilities. President Xi…
CLN KraneShares Key News Asian equities had a strong day on light volumes, except the Philippines, which was closed for Maundy Thursday, also known as Holy Thursday, commemorating the Last Supper. Hong Kong and Stock Connect are closed tomorrow and Monday. It was a fairly quiet night as Hong Kong rebounded by the same names…
JD Williams and Gok Wan have launched an ‘Empowering SS25 Collection’ accompanied by a strong campaign targeting women in midlife. That campaign, ‘We See You’, launches after a survey revealed 60% of women “feel invisible in midlife… especially while shopping for clothes or in social situations with younger generations”. And the retailer and stylist add: “Midlife…
At the foot of glistening Mount Nasaasaaq — “the king of the mountains” — in Sisimiut, Greenland, hundreds of spectators bundled in bright jackets, insulated pants and heavy boots lined a snow-packed trail on Saturday waiting for the racers to glide past. The low sun glinted off the ice. The snow squeaked underfoot, fine and…
Trump order establishes US Bitcoin reserve President Donald Trump signed an executive order on Thursday to establish a “strategic Bitcoin reserve” and is hosting a “crypto summit” at the White House. Fox – LA More presidential approval rating polls have been released, showing how President Donald Trump is faring in the court of public opinion. The latest…
Chinese e-commerce platforms Pinduoduo (PDD), JD.com (JD), and Alibaba (BABA) are paring back stock losses, while remaining in the red, after the United States Postal Service (USPS) reversed its decision and will continue to accept inbound packages from China. Yahoo Finance reporter Jordan Weissmann covers the latest developments. To watch more expert insights and analysis…
HONG KONG — Alibaba Group reported a disappointing quarterly performance on Friday amid weak consumption in China. Revenue grew 5% on the year to 236.5 billion yuan ($33.7 billion) in July-September, missing the average estimate of 238.92 billion yuan by analysts surveyed by LSEG. Net income was 43.55 billion yuan, an increase of 63% year-over-year….
CLN KraneShares Key News Asian equities were mixed overnight despite a stronger US dollar. Hong Kong and South Korea outperformed, while Thailand was closed for Chulalongkorn Day, a national holiday commemorating His Majesty King Chulalongkorn the Great’s passing. Bloomberg’s article, and subsequently a South China Morning Post article, on an RMB 2 trillion stock market…