Ping An Insurance Group's Global Voyager Investment Fund is leading the latest funding round worth 41.5 million euros ($47 million) for Finleap, a Berlin-based fintech company. The investment marks the fund's first venture into continental Europe. » Read More
By: Kelly Olsen
Analysts say that the rising cost of borrowing and a weakening Chinese yuan could see more China companies fail to meet upcoming payments. » Read More |
Suresh Tantia, an investment strategist at Credit Suisse, says "prices have moved far ahead of fundamentals" in the Asian markets. » Read More |
By: Arjun Kharpal
Richard Yu, CEO of Huawei's consumer business gave insights into how the smartphone business at the Chinese tech firm grew so quickly and is focusing on future innovations like artificial intelligence. » Read More |
Market uncertainty due to the ongoing trade dispute between the U.S. and China has spurred a jump in trading volumes for the dollar-yuan currency pair in recent months.
Asian countries' exports are potentially vulnerable to the U.S.-China trade war on two fronts: changes to global supply chains and slowing Chinese domestic demand.
The mainland China markets closed lower on the day despite the country's inflation data coming in line with expectations.
President Xi Jinping has offered an olive branch to China's private companies by offering tax breaks and verbal reassurance that they will remain an integral part of the economy.
Chinese mobile lending platforms WeLab plans to diversify its services to grow with its customers "throughout their life cycle," the company's CEO Simon Loong told CNBC at the Hong Kong Fintech week.
Ford and Chinese internet giant Baidu announced a tie-up on Wednesday that will see the two firms jointly test self-driving vehicles in China for two years.
Investors say that China's still underdeveloped education sector is destined to expand and offers opportunities unaffected by the ongoing trade war.
Both the Shanghai composite and Shenzhen composite saw losses of more than 2 percent on Monday, but some market observers say a rebound could be coming.
The worry is that a drop in stock prices would force the selling of shares used as collateral, and lead to further market declines in China The Shanghai composite is one of the world's worst performing stock markets in 2018.
With the trade war in the foreground, Gluskin Sheff's David Rosenberg sees economic and market fundamentals pointing to more trouble in China and the United States.
Most of the impact will be indirect, with the tariffs likely affecting the overall Chinese economy and the capacity for consumers to spend money on luxury goods, says Pascal Martin, a partner at consulting firm OC&C Strategy Consultants.
China stocks closed higher on Monday, with the Shanghai composite jumping by 4.09 percent while the Shenzhen composite surging 4.9 percent.
Weaker-than-expected GDP data and a sharp Thursday selloff couldn't dent Chinese stocks on Friday.
Top Chinese financial regulators spoke in support of markets on Friday ahead of the morning's disappointing gross domestic product report and amid an ongoing stock sell-off.
China has been trying to reduce its reliance on debt as well as fiscal and monetary stimulus to fuel economic growth, but the pain of the trade war with the United States is forcing a reversal.
When China's stock market falls sharply, there's a good chance U.S. stocks —and some big blue-chip names like Goldman Sachs and Caterpillar—go down with it.
Data also provided by 
