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U.S. Businesses In China Face Uncertainty As White House Bans WeChat
As Tencent assesses how its business might be impacted by a U.S. decision to ban its messenger app WeChat in the country, American companies in China may become unintended casualties due to their heavy reliance on the app, experts said. As Tencent assesses how its business might be impacted by a U.S. decision to ban its messenger app WeChat in the country, American companies in China may become unintended casualties due to their heavy reliance on the app, experts said. -
Abe's Strategy To Revive Regional Japan Through Tourism Takes A Blow
Japanese streets are empty, shops are closed and hotels are struggling to survive as the coronavirus pandemic shuts off the supply of visitors and ravages the economy. Japanese streets are empty, shops are closed and hotels are struggling to survive as the coronavirus pandemic shuts off the supply of visitors and ravages the economy. -
China Exports Surprise On Upside, But Imports Miss Mark
Exports in July increased 7.2% from a year earlier, the fastest pace since December. Exports in July increased 7.2% from a year earlier, the fastest pace since December. -
Tencent, Other Asian Shares Fall On Trump's War On Chinese Apps
MSCI's broadest index of Asia-Pacific shares outside Japan lost 1% and Hong Kong's Hang Seng fell 2%. Tencent, Asia's second-biggest company by market capitalisation, dropped 9.0%. MSCI's broadest index of Asia-Pacific shares outside Japan lost 1% and Hong Kong's Hang Seng fell 2%. Tencent, Asia's second-biggest company by market capitalisation, dropped 9.0%. -
Hong Kong Home Foreclosures A Sign Of Sinking Property Market?
Speculative investors and ordinary people are walking away from their mortgages. Speculative investors and ordinary people are walking away from their mortgages. -
Risk Coronavirus Or Default: Ride-hail Drivers Face Tough Choices As U.S. Aid Expires
While drivers are not the only workers struggling, they are particularly vulnerable as their work puts them close to many strangers. While drivers are not the only workers struggling, they are particularly vulnerable as their work puts them close to many strangers. -
Wall Street Gains As Markets Await Aid Package, U.S. Jobs Data
Shares on Wall Street rose on Thursday but moved within narrow ranges, as investors awaited a new fiscal stimulus package to bolster the country's economy and digested better-than-expected U.S. jobless claims data. Shares on Wall Street rose on Thursday but moved within narrow ranges, as investors awaited a new fiscal stimulus package to bolster the country's economy and digested better-than-expected U.S. jobless claims data. -
Asian Stock Markets Stall As Investors Await Stimulus
MSCI's broadest index of Asia-Pacific shares outside Japan hit an early-session six-and-a-half-month peak but fell back to be flat after drops in China and Hong Kong. MSCI's broadest index of Asia-Pacific shares outside Japan hit an early-session six-and-a-half-month peak but fell back to be flat after drops in China and Hong Kong. -
Asian Shares Inch Higher, Following Wall Street's Lead
"If it's got a pulse, people will buy it now," said Rob Carnell, Asia-Pacific head of research at ING in Singapore. "If it's got a pulse, people will buy it now," said Rob Carnell, Asia-Pacific head of research at ING in Singapore. -
Slumping Philippines: Recession Is First In 29 Years
The economic contraction of 16.5 percent in the second quarter was the biggest slump since 1981. The economic contraction of 16.5 percent in the second quarter was the biggest slump since 1981.