Home 

Red Lobster seafood chain slowly clawing its way into China, but hopes country will one day be its biggest market

Red Lobster, which only has two locations in China today, sees the country becoming its biggest overseas market.The seafood chain, which separated from Darden Restaurants about five years ago, has locations in Beijing and Shanghai operated by Chinese partner FWM Restaurants and more are on the way, Red Lobster chief executive officer Kim Lopdrup said.While he wouldn’t say how many new restaurants are planned, he said China will eventually be a larger market for the chain than Canada and Japan,… Source link

Read More
China 

China warned it shouldn’t pin its hopes on Russian soybeans plugging supply gap caused by US trade war

Russian soybean exports to China are likely to remain low for the next few years, an agricultural specialist has warned, suggesting that amount produced will not be enough to provide a real alternative to the US.China suspended purchases of US soybeans and other farm products this month after US President Donald Trump threatened to impose more tariffs on Chinese products, compounding the shortages caused by 25 per cent tariffs on the crop that have been in place since July last year.Russia is… Source link

Read More
Home 

Home auction demand rises in Australia, raising hopes of a market turnaround

Tumbling Australian home prices may have found solid ground amid the worst property downturn in a generation, as the real estate industry experiences a revival in auction demand, data showed.Australia’s central bank has been closely watching housing market weakness as two years of price declines have eroded wealth, undermining consumer confidence and spending power.The country’s housing stock is worth about A$6.8 trillion (US$4.8 trillion), according to estimates from the Australian Bureau of… Source link

Read More
Vietnam 

Hopes of strong realty earnings buoy VN stocks – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A bird’s-eye view of the Vincom Centre Landmark 81, the tallest building in Viet Nam, built by giant property firm Vingroup (HoSE: VIC). Shares of Vingroup and other “Vin” companies rose strongly on Friday to boost the market. — VNA/VNS Photo Anh Tuấn HÀ NỘI — Vietnamese shares posted slight gains on Friday, driven by large-cap real estate companies that are expecting good quarterly earnings reports. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched up 0.24 per cent to close at 975.34 points. The benchmark…

Read More
Vietnam 

VN stocks up, earnings hopes raise market sentiment – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Inside a pork plant of Masan Group. The company’s shares gained 0.8 per cent on Thursday. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Vietnamese stocks soared as confidence rose in companies with expectations for gains in quarterly earnings reports. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange surged 1.32 per cent to end Thursday at 973.04 points – the highest since May 27. The VN-Index had lost total 0.55 per cent in the previous two trading days. Market trading liquidity increased strongly…

Read More
Vietnam 

VN stocks climb with hopes for trade deal, corporate earnings – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Inside a VietinBank office in Hà Nội. The bank shares surged 6.9 per cent on Monday. – VNA/VNS Photo Hoàng Hùng HÀ NỘI – Vietnamese shares started the third quarter on a positive note as expected as investors were upbeat on ratified trade deals and expectations for quarterly earnings reports. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange rose 1.65 per cent to close Monday at 965.61 points. It was also the strongest daily growth for the VN-Index since March. The VN-Index gained 0.72 per cent on…

Read More
Vietnam 

Việt Nam hopes to draw more high-quality investment from Japan – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Prime Minister Nguyễn Xuân Phúc at the talks with Japanese businesses in Tokyo on July 1. — VNA/VNS Photo Thống Nhất TOKYO – Việt Nam welcomes high-quality investment projects from Japan, especially in infrastructure, Prime Minister Nguyễn Xuân Phúc said in a round-table talk with some of Japan’s leading corporations in Tokyo on Monday. PM Phúc said the Government would strive to hold frequent dialogues to tackle difficulties for Japanese investors. He told participants about several free trade deals Việt Nam has engaged in such as the freshly signed EU-Việt Nam Free…

Read More
China 

Xi-Trump G20 meeting in Japan raises hopes of a trade war truce, but also levels of anxiety for global economy

This is the final of four stories examining important issues ahead of the meeting between Chinese President Xi Jinping and US President Donald Trump at the G20 leaders summit on June 28-29 in Osaka, Japan.The most likely outcome from the G20 summit meeting between Chinese President Xi Jinping and US counterpart Donald Trump this weekend is expected to be another truce on new tariffs to buy time for Beijing and Washington to negotiate a final deal to end their trade war because the obstacles to… Source link

Read More
Vietnam 

VN stocks saved by hopes for trade war truce – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A Hòa Phát steel plant in Hải Dương Provine’s Kinh Môn District. The company shares on Wednesday made the best gain among the 30 largest stocks by market value and liquidity on the Hồ Chí Minh Stock Exchange. — VNA/VNS Photo Danh Lam HÀ NỘI — Vietnamese shares gained slightly on Wednesday as the market sentiment was buoyed by positive news from the US-China trade war but investors were still aware of the key events ahead. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange was up 0.60 per cent…

Read More
Home 

Stocks Blog: China, Hong Kong week opens with no end in sight on trade war but growing hopes for Fed rate cut

Good morning, traders — Well, Donald Trump is “perfectly happy” to move ahead with tariffs on China, his Treasury secretary said over the weekend. The US-China trade impasse has weighed heavily on mainland and Hong Kong markets. On the other hand, global traders are increasingly expecting the US Fed will cut rates to stimulate the domestic economy. If you missed it, be sure to catch up on our look for traders at pig-breeding stocks, which have soared. It’s not too late to consider them,… Source link

Read More