Vietnam 

Market to fluctuate in the week ahead – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Investors monitor shares movement at the Bảo Việt Securities Co. VNA/VNS Photo Trần Việt   HÀ NỘI The market is expected to experience ups and downs within a narrow band during the coming week. Cautious sentiment will dominate the market as investors wait for information about the restructuring of exchange-traded funds and the Fed’s meeting.   The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.37 per cent on Friday to close the week at 953.61 points. The index lost a total of 0.49 per cent last week. On the Ha Noi Stock…

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China 

Communist Party journal lays out China’s trade war stance ahead of possible Xi-Trump talks

The Communist Party’s top journal set out the leadership’s position on the trade war in a series of essays published on Sunday, suggesting a “win-win” deal to end the dispute was still possible but vowing to “struggle to the end” if necessary.Bimonthly journal Qiushi, or “Seeking Truth”, is required reading for all cadres and forms the basis for the rank and file of the party to understand the leadership’s position on key issues.In the essays, the journal sought to clarify the party’s position… Source link

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Home 

Outlook for Tokyo’s property market positive as it continues to benefit from investments ahead of the 2020 Olympics

Tokyo, the world’s largest metropolitan city, is one of the most interesting commercial real estate markets, despite being arguably one of the most difficult to transact.The positive drivers underlining core investment interests remain: real estate fundamentals, as well as robust capital market sentiment and financial conditions. The city will continue to benefit from the boost to domestic demand in the run up to the 2020 Olympics and associated infrastructure investment and in turn,… Source link

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Global 

China’s exports rise in May due to front-loading ahead of US tariff increase, but upturn won’t last, analysts warn

Chinese exports rebounded slightly in May as companies front-loaded their shipments to beat last month’s US tariff increase, but analysts warned that the damage from the move by US President Donald Trump could soon pose a severe challenge to the world’s second largest economy.Goods sold overseas rose 1.1 per cent in May from a year earlier, confounding market expectations of 3.9 per cent drop and improving from the 2.7 per cent fall a month earlier.Imports, however, fell 8.5 per cent following… Source link

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Home 

Shanghai extends losses for fifth day while Hong Kong finishes ahead, as traders battle nerves amid trade tensions

The Shanghai benchmark extended losses for the fifth trading day, while Hong Kong posted gains, as traders felt torn between positive news that the US Federal Reserve is open to a rate cut and gloom from ongoing trade uncertainties.The Shanghai Composite closed down 0.03 per cent to 2,861.42 on Wednesday, falling at the end after opening up 0.91 per cent. The CSI 300 benchmark of large caps on Shanghai and Shenzhen stock markets continued Tuesday’s losses to end down 0.038 per cent to 3,597.11… Source link

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Singapore 

Many primary and secondary schools to scrap mid-year exams in 2020, a year ahead of schedule: Ong Ye Kung, Singapore News

SINGAPORE – By next year, more than half of primary schools and over 90 per cent of secondary schools would have removed mid-year examinations for some levels – a year ahead of schedule. Education Minister Ong Ye Kung gave this update on Tuesday (May 28) at a biennial conference for teachers, where he shared the progress schools have made in implementing recent policy changes. The Ministry of Education (MOE) announced in September last year that mid-year examinations for Primary 3 and 5 as well as Secondary 1 and 3 students…

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Global 

Wholesale traders in Yiwu rue losses as US tariffs point to a woeful purchasing period ahead of Thanksgiving and Christmas

Jiang Junhong, idling at a stall stacked with hundreds of flashlights and light-emitting devices of different designs, perks up whenever anyone approaches his space at the Yiwu International Trade market.His once bustling business, where the minium order filled up entire 20-foot shipping containers, had dwindled ever since US President Donald Trump fired the first salvo of his trade war with China last year. For the first time in a long while, he has to serve retail customers, selling… Source link

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Home 

Singapore, Bangalore ahead of Hong Kong in Deutsche Bank quality-of-life poll. Beijing’s second last

An elderly low-income earner pushes a trolley with cardboard bundles in Hong Kong’s Central district. All megacities in the poll are in the bottom half, with the exception of Tokyo, says Deutsche Bank. This is because the survey looks at average salaries, and while megacities have more people with higher salaries, the average worker can struggle for income and quality of life, the bank says. Photo: EPA Source link

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Home 

Beijing ranks ahead of Shanghai and Shenzhen in list of world’s most innovative cities

Beijing is the most innovative city on the mainland, ranking ahead of Shanghai and the tech hub of Shenzhen, according to JLL’s latest research of the top 20 innovation-oriented cities in the world. Hong Kong did not make the cut.San Francisco, with its robust start-up scene, topped the list, followed by Tokyo, Singapore, Beijing, and London, respectively. Shanghai and Shenzhen ranked 11th and 15th, respectively.JLL said that it expects to see more Chinese cities in the global top 20 as they… Source link

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Home 

Investors hunt for gold ahead of debut of China’s Nasdaq-like technology board

Mainland investors are racing to buy mutual funds linked to Shanghai’s new Nasdaq-style technology board, in the expectation that these funds will have privileged access to upcoming IPOs, potentially enjoying handsome returns upon public trading.As of Tuesday, the first batch of seven funds slated for the Technology Innovation Board were heavily oversubscribed by investors, raising a combined 100 billion yuan (US$14.86 billion), according to the statements by the asset management firms… Source link

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