Stock market: Equities maintain momentum
Shanghai’s stock exchange started the new week on solid footing. Shares of internet giant Alibaba jumped 17%.
By Marcel Grzanna
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Shanghai’s stock exchange started the new week on solid footing. Shares of internet giant Alibaba jumped 17%.
By Marcel Grzanna
North Korean leader Kim Jong-un is expected to attend Wednesday’s military parade in Beijing as a guest. It will be Kim’s first participation in a major multilateral diplomatic event.
By Marcel Grzanna
BYD has delivered 10,000 electric cars in India. For the manufacturer, which is struggling with fierce price competition at home, this marks an important milestone.
By Julia Fiedler
China’s manufacturing sector contracted again in August. Smaller companies in particular performed poorly. Manufacturers appear to be waiting for clarity on a trade deal with the United States.
By Manuel Liu
On his first visit to China in seven years, Indian Prime Minister Narendra Modi called for closer ties. Relations between the two countries had been frozen since deadly clashes along their shared border in 2020.
By Angela Köckritz
Traders suspect the government may soon intervene in sectors suffering from destructive competition, and are therefore placing bets on industrial commodities.
By Angela Köckritz
Prosecutors are now investigating a district official in Düren accused of being part of a smuggling ring. The group allegedly provided wealthy Chinese nationals with permanent residence permits for years using forged documents.
By Angela Köckritz
Armenia has recently distanced itself diplomatically from Russia and turned toward Europe. Now the Caucasus nation is entering a strategic partnership with Beijing and could join the SCO.
By Manuel Liu
China is significantly expanding its charging infrastructure for electric vehicles. By the end of July, there were 16.7 million charging points nationwide. That currently works out to two charging stations for every five electric cars in China.
By Julia Fiedler
According to Reuters, the Mexican government plans to raise tariffs on Chinese imports next month as part of its 2026 budget proposal.
By Julia Fiedler