2 hours ago Inflation rate in Malaysia reaches lowest level since February 2021 Malaysia’s inflation rate fell to 1.5% in November, compared to 1.8% in October, reaching its lowest level since February 2021. November’s reading was also below the 1.7% expected in a Portal poll of economists. On a monthly basis, inflation remained flat in … [Read more…]
A JP Morgan logo is seen on January 10, 2017 in New York City, USA. Portal/Stephanie Keith/File Photo Acquire License Rights HONG KONG, Dec 12 (Portal) – JPMorgan Chase (JPM.N) will outsource operations of its local depository business in Hong Kong and Taiwan to Citigroup (CN), HSBC (HSBA.L) and Standard Chartered (STAN). L) in the … [Read more…]
4 hours ago Activity in India’s services sector grew slower than expected in November S&P Global said activity in India’s services sector grew slower than expected in November. The country’s services purchasing managers’ index came in at 56.9, down from 58.4 in October and also lower than the 58.0 expected in a Portal forecast. A … [Read more…]
[1/4]The company logo is seen at the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China, 26 September 2021. Portal/Aly Song/File Photo Acquire License Rights HONG KONG, Dec 4 (Portal) – A court hearing on a liquidation petition filed against China Evergrande Group (3333.HK) has been postponed until next month in a Hong Kong … [Read more…]
3 hours ago Chinese EV Inventories Rise; Keep an eye on Xpeng’s quarterly results Hong Kong-listed shares of Chinese electric vehicle makers jumped in early afternoon trading. Shares of BYD, Nio, Xpeng and Li Auto rose between 2.47% and 6.11%. The markets in Asia rose across the board following positive economic data from China. A … [Read more…]