Danny Eachus

On Feb 3, Asian markets mostly improved after Chinese markets faced their worst session in years the day before. Mainland China stocks bounced back after China’s central bank injected more than $170 billion into the financial markets. Both the Shanghai and Shenzhen composites climbed more than 1%. Hong Kong’s Hang Seng jumped 1.2%, despite the […]

The People’s Bank of China said it will pump nearly $174 billion into the economy to cushion the impact of the novel coronavirus outbreak. This is part of a slew of stimulus measures by Chinese regulators. To further ease market pains, the central bank has cut key interest rates by 2.4%. The goal is to […]

Business Briefs on Asia Tonight, January 30: – Apple, Broadcom ordered to pay US$1.1 billion for CalTech patent infringement – Nike being investigated over accusations of bribing youth basketball players – Unilever Q4 2019 sales up 1.5%, slightly above expectations Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service on Telegram: https://cna.asia/telegram Follow […]