DIRS.INFO The most relevant business & tech news

☆ Coldplay has a request: They really, really want to play in China
▼ + stars: | 2024-02-10 | by ( Heather Chen | ) edition.cnn.com time to read: +10 min

He really, really wants to play in China. “I promise we’ll play in China one day,” Martin said to the screaming crowd when he invited two lucky fans up on stage. “You know, we can’t get the permission (to play in China),” he told concertgoers. Chris Martin and Coldplay aren’t alone in wanting to serenade mainland Chinese audiences. Chinese authorities have also been known to vet the content of shows, including setlists and lyrics.

Persons: Hong Kong CNN — Coldplay, Chris Martin, “, ” Martin, don’t, Coldplay, ”, Martin, concertgoers, “ Coldplay, China …, Paul Kane, Coldplay aren’t, Jon Bon Jovi, Jovi, Bon Jovi’s, Lama, Xi Jinping, –, Xi, Golshifteh Farahani, “ Young, Bjork, Justin Bieber, Katy Perry's, Sam Yeh, Katy Perry, Madonna, James Hetfield, we’re Organizations: Hong Kong CNN, CNN, Coldplay, Tourism Ministry, Oasis, Communist Party, China’s Communist Party, Tibet, Municipal, of Culture, Getty, Taiwan, Chinese Culture Ministry, South China Morning Locations: Hong Kong, Thailand, China, Guangzhou, British, Asia, Tokyo, –, Beijing, Shanghai, Macao, Covid, Bangkok, Singapore, Kuala Lumpur, Worth, Iranian, Buenos Aires, Iran, Taipei, AFP, Taiwan

LAS VEGAS (AP) — Dustin Johnson won LIV Golf Las Vegas on Saturday in windy and chilly conditions for his third victory on the Saudi-funded tour, pulling ahead with a birdie on No. Johnson shot a 1-under 69 to finish at 12-under 198 at Las Vegas Country Club, breaking out of a late six-way tie on another day with the temperature barely climbing into the 50s in the shadow of the Super Bowl. Johnson opened with a birdie on the par-5 first, then dropped back with bogeys on Nos. 13, 15 and 17 — holing a 12-footer on the par-4 17th — and made the par save on the par-4 18th for the victory, hitting to 12 feet from the rough and two-putting. The 39-year-old Johnson has won in each of LIV's first three seasons, taking playoffs in Boston in September 2022 and Tulsa, Oklahoma, last May.

Persons: — Dustin Johnson, LIV, Peter Uihlein, Talor Gooch, Johnson, “, ” Johnson, I’ve, ” Gooch, Uihlein, Gooch, ” Uihlein, LIV's, ” Matthew Wolff, Graeme McDowell, Paul Casey, Jason Kokrak, Jon Rahm, Bryson DeChambeau, McDowell, Brooks Koepka, ___ Organizations: LAS VEGAS, LIV Golf, LIV Golf Las Vegas, Saudi, Las Vegas Country Club, Super, PGA, Johnson's 4Aces Locations: LIV Golf Las, Boston, Tulsa , Oklahoma, Saudi, Hong Kong, Doral, Kokrak

☆ Chinese zodiac fortune predictions for 2024
▼ + stars: | 2024-02-09 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +19 min

Natalie Leung/CNN, Adobe StockMonkeys are going to have a relatively stable year. Natalie Leung/CNN, Adobe Stock“This year, you may have to work a bit harder and work longer hours than usual. Natalie Leung/CNN, Adobe Stock“It isn’t the worst year but there are going to be some challenges. Natalie Leung/CNN, Adobe Stock“According to ancient Chinese philosophy, Tigers and Dragons have a complicated relationship. Natalie Leung/CNN, Adobe StockAll you Rabbits can give yourself a pat on the back.

Persons: Hong Kong CNN —, There’s, ”, Chen, “, Thierry Chow, CNN Chow, floristry, “ It’s, Chow, Xuan, Duke, Jupiter, Stringer, VCG, Zhang Yu, Ulet Ifansasti, Johanes, NurPhoto, Zhang Cheng, Wu Wenjun, Axel Miranda, Tai Sui –, Tai Sui, Natalie Leung, Ben Ming Nian, “ Let’s, Ben Ming, “ You’ll, Ma Xing, –, it’s, It’s, there’s, ” Chow, Xing Tai Sui Organizations: Hong Kong CNN, CNN, Shui, China News Service, Spring, Reuters Workers, Adobe, Adobe Stock, Adobe Stock People, ”, Roosters, Tiger Tigers, Dragons, Tigers Locations: Hong Kong, Asia, Xuan Kong, Xi'an, Shaanxi Province, China, Beijing, Solo City, Indonesia, Dharmayana, Bali , Indonesia, Guangzhou, China's, Guangdong Province, Barcelona, Spain, Nanchang, Jiangxi Province

Tickets for the game cost up to 4,880 Hong Kong dollars ($624) each. In its statement, Tatler Asia said it would refund 56 million Hong Kong dollars ($7.2 million) in total, resulting in a loss of 43 million Hong Kong dollars ($5.5 million). Before the refund, its net income stood at 13 million Hong Kong dollars ($1.7 million), the organizer said. In response to the announcement, the Hong Kong government welcomed the arrangement in a statement, calling it as a responsible move. “One theory is that their actions have political motives, as Hong Kong intends to boost economy through the event and external forces deliberately wanted to embarrass Hong Kong through this incident,” it said.

Persons: Lionel Messi, Messi, Messi’s, “, Regina Ip, “ Messi, Hong Kongers, ___ Organizations: Inter, Global Times, Tatler Asia, Tatler, Hong Kong, Hong, Inter Miami, Associated Press, Weibo, Messi, ”, Executive, Miami, Newell’s Old Locations: HONG KONG, Hong Kong, China, Argentina, Tokyo, Asia, Japan, Tatler Asia, Inter Miami, Beijing, Regina, Weibo, El Salvador, Dallas, Saudi Arabia, Florida, Rosario

☆ China gears up to ring in Year of the Dragon with expected record 9 billion trips
▼ + stars: | 2024-02-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +6 min

Authorities last month forecast that China’s population of 1.4 billion would take a record 9 billion trips during the 40-day holiday travel period, which began on January 26. Stringer/VCG/Getty Images A man takes photos of blooming plum blossoms at the Summer Palace in Beijing, China on February 5. Johanes P. Christo/NurPhoto/AP Crowds flock to the Spring Festival Light Show in Xi'an, Shaanxi Province, China on February 3. Axel Miranda/SOPA Images/Sipa/Reuters Workers assemble dragon lanterns at a production workshop in Nanchang, Jiangxi Province, China on January 24. Two major indexes recorded their worst drops in years capping off a dire 2023 that saw China’s stock markets become the world’s worst performer.

Persons: ”, Luo, Stringer, VCG, Zhang Yu, Ulet Ifansasti, Johanes, NurPhoto, Zhang Cheng, Wu Wenjun, Axel Miranda, Xi Jinping, ” Xi Organizations: Hong Kong CNN —, Festival, CNN, Authorities, China News Service, Spring, Reuters Workers, HSBC, Beijing, United States Embassy Locations: Hong Kong, China, Beijing, Fujian, Xi'an, Shaanxi Province, Solo City, Indonesia, Dharmayana, Bali , Indonesia, Guangzhou, China's, Guangdong Province, Barcelona, Spain, Nanchang, Jiangxi Province, Shanghai

☆ China’s Xi calls for stronger ‘strategic coordination’ with Russia in Lunar New Year call with Putin
▼ + stars: | 2024-02-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Xi told Putin the two sides should “strengthen strategic coordination” and “safeguard the national sovereignty, security and development interests of their respective countries,” according to a readout from China’s Foreign Ministry. Looking to the future, China-Russia relations face new development opportunities,” Xi told Putin during their call. “Vladimir Putin and Xi Jinping specifically stressed that close Russia-China interaction is an important stabilizing factor in world affairs,” the Kremlin readout said. Thursday’s phone conversation between Xi and Putin took place as the two countries celebrate 75 years of diplomatic relations this year. Last year, Xi made his symbolically significant first foreign trip of his third term as president to Moscow last March.

Persons: Xi Jinping, Vladimir Putin, Xi, Putin, “, ” Xi, ’, ”, “ Vladimir Putin, Tucker Carlson, ” Putin, Carlson Organizations: Hong Kong CNN, Russia, Foreign Ministry, United Nations, Shanghai Cooperation Organization, SCO Locations: China, Hong Kong, United States, Western, Ukraine, Russia, Kremlin, “, Israel, Gaza, ” Beijing, Beijing, Moscow, United

☆ Opinion | The Year of the Dragon Plant
▼ + stars: | 2024-02-09 | by ( Bonnie Tsui | ) www.nytimes.com time to read: +1 min

We call it the mother plant, and, like my gung gung, it’s always been there. My grandfather’s name was Suey Lin Dong; gung gung is Cantonese for maternal grandfather. As a gesture of housewarming, his own mother gave him a dracaena plant; with his attention, it bloomed, sprouted new branches, bloomed again. In this time of grief, we piece together the story of the mother plant. Dracaena comes from the Greek drakaina, for dragon; in some species, cutting the bark secretes a red medicinal resin, known as dragon’s blood.

Persons: it’s, Suey Lin Dong, gung gung, bloomed, Dracaena Locations: New York City, Hong Kong, Chinatown, Flushing , Queens

☆ Chinese city cancels Argentina soccer match after Messi backlash in Hong Kong
▼ + stars: | 2024-02-09 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —A city in mainland China has canceled its plan to host a soccer match featuring Argentina’s national team amid a growing backlash in the country against star player Lionel Messi. Messi has faced an outpouring of criticism after he remained on the bench during an exhibition game featuring his Major League Soccer team Inter Miami in Hong Kong. Public relations nightmareMessi stayed on the substitute bench when Inter Miami played the Hong Kong team on February 4, despite repeated requests from the Hong Kong government and organizer, Tatler Asia, for him to get on the field. Messi later said this had been a “shame,” and that he had wanted to participate. “Our aspiration was to create an iconic moment in support of the government’s efforts to remind the world how relevant and exciting Hong Kong is.

Persons: Lionel Messi, Messi, jeered, hasn’t, XFEST, ” Organizations: Hong Kong CNN, Argentina’s, Major League Soccer, Inter Miami, Hangzhou Sports Bureau, Hangzhou Olympic Sports, Argentina, Beijing Workers, Hong Kong, Hong, Tatler Asia, Vissel Locations: Hong Kong, China, Hangzhou, Argentina, Nigeria, Ivory, Vissel Kobe, Japan, Beijing, Asia

☆ Huawei’s offices in France raided by financial prosecutors
▼ + stars: | 2024-02-09 | by ( Chris Liakos | ) edition.cnn.com time to read: +2 min

Paris/Hong Kong CNN —The French offices of Chinese tech giant Huawei were searched this week, the company confirmed Friday, saying it was fully cooperating with the authorities. The Shenzhen-based firm told CNN that the search had taken place Tuesday. While Huawei France does not wish to comment on an ongoing investigation, the company remains confident about its conclusions,” a spokesperson said. Speaking to French public radio in December, Minggang Zhang, deputy general manager of Huawei France, said the factory would begin operations by the end of 2025 in the Alsace region. “Every year, we invest some €80 million or more in research in France,” Zhang told radio network France Inter.

Persons: “, ”, Minggang Zhang, ” Zhang Organizations: Hong Kong CNN, Huawei, CNN, “ Huawei, Huawei France, France Inter, “ Locations: China, Paris, Hong Kong, Shenzhen, France, Huawei France, Alsace, “

☆ China’s spectacular dragon dance is hundreds of years old. Here’s why it continues to dazzle
▼ + stars: | 2024-02-08 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +6 min

CNN —Grab your camera and slap on something flame resistant, it’s time to witness one of China’s most incredible displays – the fire dragon dance. Dragon dances have been documented at ceremonial events since the Han Dynasty (202 BCE to 220 CE), while fire dragon dances began appearing in records during the Qing Dynasty (1644-1911) and in the Republican era (1912-1949). Some historians say fire dragon dances date back even further, to the Ming Dynasty (1368-1644). Puzhai Fire Dragon, Fengshun County, GuangdongEntertainers perform a fire dragon dance to celebrate the Lantern Festival in Puzhai town, in China's Guangdong province. Tongliang Fire Dragon, ChongqingVideo Ad Feedback See a dragon dance with molten iron fireworks 00:56 - Source: CNNThe Tongliang Fire Dragon in Chongqing province is undoubtedly one of the grandest fire dragon dance performances of them all.

Persons: ”, Kwok Kam Chau, Kwok, We’ve, Liu Long Organizations: CNN, Republican, Hong Kong Baptist University, China’s, Steel Locations: Fengshun County, Guangdong, Puzhai, China's Guangdong province, Imaginechina, China, Hunan, China’s, Miao Autonomous Prefecture, Hunan province, Huanglongxi, Sichuan, Chengdu, China's Sichuan province, Chongqing, Chongqing province, majestically, Qicaimeng, Guizhou, Dafang County, Guizhou province

☆ China’s VC playbook is undergoing a sea change as U.S. IPO exits get tougher
▼ + stars: | 2024-02-08 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

That's far less than in the previous years — the share of U.S. dollars in total VC funds raised was around 15% for the years 2018 to 2021, the data showed. China investments, China exitsWashington and Beijing in 2022 resolved a long-standing audit dispute that reduced the risk of Chinese companies having to delist from U.S. stock exchanges. "With U.S. IPOs no longer being a viable exit strategy for China assets, investors should target local exits in their respective capital markets—in other words, China exits for China assets, and U.S. exits for overseas assets," Liao said. The 20 largest VC deals for China-headquartered companies in 2013 were predominantly in e-commerce and software services, according to PitchBook data. ... the venture capital scene has become even more state-concentrated and focused on government priorities.

Persons: China’s renminbi, Athit Perawongmetha, Kyle Stanford, China —, Liao Ming, Stocks, Liao, Didi, Beijing's, Camille Boullenois Organizations: Reuters, Reuters BEIJING — Venture, Liao Ming, U.S, Sequoia, Prospect, Capital, New York Stock Exchange Locations: U.S, Bangkok, Thailand, Reuters BEIJING, China, Sequoia, Washington, India, Japan, Greater China, Beijing, New York, Hong Kong, U.S . Washington

☆ Asia markets largely set to rise ahead ahead of China's inflation numbers and India's rate decision
▼ + stars: | 2024-02-08 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

A butcher (L) shows a piece of pork to a customer at a market in Beijing on July 10, 2019. NICOLAS ASFOURI | AFP | Getty ImagesAsia-Pacific markets are set to rise as investors look toward China's inflation figures for and the Reserve Bank of India's rate decision. China's consumer price index for January is expected to fall 0.5% year-on-year, while the Reserve Bank of India is forecast to hold rates at 6.5%. Japan's Nikkei 225 is also set to rise, with the futures contract in Chicago at 36,375 and its counterpart in Osaka at 36,280 against the index's last close of 36,119.92. However, futures for Hong Kong's Hang Seng index stood at 16,024, pointing to a weaker open compared with the HSI's last close of 16,081.89.

Persons: NICOLAS ASFOURI Organizations: AFP, Getty, Reserve Bank, Reserve Bank of, Nikkei Locations: Beijing, Asia, Pacific, Reserve Bank of India, Australia, Chicago, Osaka

☆ Markets: China isn't 'following the script' of the West, investment firm says
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets: China isn't 'following the script' of the West, investment firm saysMark Tinker, chief investment officer and managing director at ToscaFund Hong Kong, says the West "spent years assuming that China was just another emerging market."

Persons: Mark Tinker Organizations: Markets Locations: China, ToscaFund Hong Kong

BANGKOK (AP) — Share were mostly higher in Asia on Thursday after the S&P 500 neared the 5,000 level for the first time. Hong Kong’s benchmark fell while Shanghai advanced after China replaced its top stock market regulator. Late Wednesday, China's top stock regulator was replaced by a former chairman of the Shanghai Stock Exchange as part of those efforts. On Thursday, the Shanghai Composite index gained 1.3% to 2,865.90 and the Shenzhen Components index in China's smaller main market also added 1.3%. The S&P 500 gained 0.8%, coming within a fraction of a point of the 5,000 level before ending the day at 4,995.06.

Persons: Wu Qing, Yi Huiman, Hang Seng, Australia's, SET, Snapchat Organizations: Shanghai Stock Exchange, China Securities Regulatory Commission, Communist Party, Nikkei, Ford, Dow Jones, Nasdaq, . New York Community Bancorp, Signature Bank, Ford Motor, Enphase Energy, CVS Health, Corp, Vans, New York Mercantile Exchange, Brent Locations: BANGKOK, Asia, Shanghai, China, Tokyo, Beijing, Shenzhen, Seoul, India, Wall

☆ Alibaba shares sink after it shelves IPO plans for two units
▼ + stars: | 2024-02-08 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Shares in Alibaba sank as much as 7% in Hong Kong on Thursday, after the Chinese tech giant reported disappointing sales figures and announced it would suspend listings plans for two of its units. The news comes at a tough time for the tech giant. In December, the company reshuffled its top ranks after the stellar performance of a competitor caused a stir at Alibaba. The company’s announcement of a $25 billion share repurchase program, which it said demonstrated its confidence in its business and cash flow outlook, also failed to ignite interest among investors. Alibaba shares in New York closed 5.9% lower on Wednesday.

Persons: Joseph Tsai, ”, Alibaba, Jack Ma, PDD, Alicia Yap, Ma, —, Laura Organizations: Hong Kong CNN —, Cainiao, Reuters, Refinitiv, ” Citi Locations: China, Hong Kong, Alibaba, New York

☆ Messi’s ‘miracle’ return stirs Chinese anger and conspiracy theories
▼ + stars: | 2024-02-08 | by ( Simone Mccarthy | Chris Lau | ) edition.cnn.com time to read: +10 min

“(He) played in five of the six preseason games and only missed the game in Hong Kong, China! Don’t come to China, China doesn’t welcome you,” another user wrote in a post liked by 20,000 others. “Why didn’t Messi play in Hong Kong or participate in the handshake with HK (the Hong Kong) chief executive? Messi's no-show sparks an outcry in Hong Kong on February 4, 2024. One social media user noted that it was not only Messi who played in Tokyo, but not Hong Kong.

Persons: Lionel Messi, Messi didn’t, Messi, “ Messi, Hong Kong, Kenneth Fok, Hu Xijin, didn’t Messi, ” Hu, ”, Louise Delmotte, “ Don’t, Hong, David Beckham, Beckham, Gerardo “ Tata ” Martino, Luis Suárez couldn’t, Philip Fong, “, nimbly, Regina Ip, ” “ Messi, Kenneth Chan, Taylor Swift, ’ Organizations: Hong Kong CNN, Sunday, Major League Soccer, Inter Miami, Vissel, Hong, CNN, Weibo, HK, Global Times, Inter, National Basketball Association, Houston Rockets, Soccer, Ardent, Messi, Argentina national, Australia, Inter Miami's, Getty, The Inter Miami, Hong Kong Baptist University Locations: China, Hong Kong, Argentine, Japan, Vissel Kobe, Tokyo, Beijing, State, China’s Sichuan, Argentina, AFP, Asia

☆ Xi just fired China's top markets regulator. It shows his focus is still on control above all else.
▼ + stars: | 2024-02-08 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewChina's extended stock market rout was so bad that leader Xi Jinping was set to personally pay attention to it — and it looks like his solution was to fire the country's top markets regulatory late on Wednesday. After all, there were suggestions earlier that authorities are considering a stabilization fund to rescue the flailing stock market. Stock markets in China and Hong Kong have accelerated losses into 2024. The analysts at the Eurasia Group aren't the only ones who say China needs to double down on economic reforms to shore up its economy.

Persons: —, Xi Jinping, Wu Qing, Xi, Eswar Prasad, China's Organizations: Service, China Securities Regulatory, Bloomberg, Business, Eurasia Group, Eurasia Group aren't, Cornell University, International Monetary Fund, Nikkei, Index, Hong Kong Stock Exchange Locations: China, Hong Kong, Beijing

☆ What is Lunar New Year? A 2024 guide to the Year of the Dragon
▼ + stars: | 2024-02-07 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +8 min

Whether you’re unfamiliar with Lunar New Year or need a refresher, this guide will highlight some of the most common traditions associated with the occasion. Tourists visit a Lunar New Year Lantern Festival in Shanghai on January 21, 2024. Though incredibly complex, the Chinese zodiac calendar is best described as a 12-year cycle represented by 12 different animals, in this order: Rat, Ox, Tiger, Rabbit, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog and Pig. Festive cakes and puddings are made on the 24th day of the last lunar month (February 3 in 2024). Day 3: Visit a templeDay three of the Lunar New Year (which falls on February 12 in 2024) is named “chi kou/cek hau,” or red mouth.

Persons: Sui, ”, Nian, gao ”, You’ll, It’s, warding, kou, cek hau, it’s, Yuan Xiao Jie, Yuan, Xiao Organizations: Hong Kong CNN, Lantern, fai chun, Visitors Locations: Hong Kong, Shanghai, China, Asia, Malaysia

☆ This global EV stock could double in price in 3 to 5 years, analyst says
▼ + stars: | 2024-02-07 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

But Jason Hsu, chairman and chief investment officer of Rayliant Global Advisors, believes that one stock will come out ahead. Hsu believes that as the EV market consolidates, BYD is "for sure going to emerge a winner." One potential curveball for the Chinese EV market is a U.S. decision to raise tariffs, which is reportedly under discussion . But Hsu believes that the markets have already priced in the possibility that those tariff hikes will be imposed. For global investors who want to buy BYD, its shares are listed on the Hong Kong exchange.

Persons: Tesla, Jason Hsu, CNBC's, Hsu, BYD, CNBC's Tanvir Gill, Evelyn Cheng Organizations: Rayliant Global Advisors, Toyota, Hong, BYD, China Clean Technology, China Growth Locations: That's Hong Kong, BYD, China, U.S, Europe, Hong Kong

☆ Investors are hoping the power of Xi's personal attention will rescue China's floundering markets
▼ + stars: | 2024-02-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Markets have rallied on the news as it's stoking hopes that China will roll out a forceful rescue plan. China and Hong Kong's stock markets have lost nearly $7 trillion from their peaks in 2021. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The plan is to brief the country's top leaders about the state of the markets, Bloomberg reported, citing unnamed people with knowledge of the matter. But some analysts see these moves as less powerful than Xi's personal participation in stabilizing the markets — even though it's unclear if any new support measures will result from the meeting, Bloomberg reported.

Persons: Xi Jinping, it's stoking, —, Hang Seng, Xi, Li Weiqing, Li Organizations: Bloomberg, Markets, Service, China Securities Regulatory Commission, Hang, CSI, ING, Investment Management, Business Locations: China, Hong, Hong Kong, Beijing, Singapore

☆ Japanese stocks can soar 50%, says advisor — and investors can cash in with these ETFs
▼ + stars: | 2024-02-07 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The Nikkei 225 index , one of Japan's most important stock market benchmarks, could surge more than 50% over the next two years, according to Tokyo-based advisor Jasper Koll. The Nikkei 225 currently stands at just over 36,000 points, meaning Koll's target represents a potential upside of around 50% in the next two years. Hong Kong investors have the CSOP Nikkei 225 Index ETF available. This ETF tracks the MSCI Japan index, which is a different index from the Nikkei 225 but holds about 70% of the same stocks. European, UAE, and Singapore-based investors can access the MSCI Japan index through the iShares MSCI Japan UCITS ETF.

Persons: Jasper Koll, Monex, Koll, CNBC's, JP Morgan Japan, Warren Buffett, Berkshire Hathaway Organizations: Nikkei, JP Morgan, Berkshire, KIM, Japan, Japan Hedged Equity Locations: Tokyo, Japan, Berkshire, that's, Swiss, Hong Kong, U.S, UAE, Singapore

☆ China's economy may not overtake the US, but a Trump presidency would still help Beijing: former IMF official
▼ + stars: | 2024-02-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewChina is taking steps to support its economy and stock markets, but there are limits to what can be achieved, said economist Eswar Prasad. Stock markets in China and Hong Kong have accelerated losses into 2024 after shedding trillions of dollars since 2021. "The likelihood of the prediction that China's GDP will one day overtake that of the US is declining," Prasad added to Nikkei. This is because Trump is likely to ratchet up trade protectionism, causing fragmentation in the trade and financial sectors, Prasad told Nikkei.

Persons: —, Eswar Prasad, Prasad, China hasn't, Trump, Prasad doesn't, Donald Trump Organizations: Service, Cornell University, International Monetary Fund, Nikkei, Business, Stock, Reuters Locations: China, Hong Kong, Beijing, Asia

CNN —Inter Miami star Lionel Messi returned to action on Wednesday in a match against Vissel Kobe in Tokyo, though Chinese fans remain upset that the star did not play in Sunday’s game in Hong Kong. “Hello to all my fans in mainland China and Hong Kong! Philip Fong/AFP/Getty ImagesDuring Wednesday’s game against Vissel Kobe, Messi was brought on for David Ruiz as a second-half substitute. Fans in Hong Kong booed and called for ticket refunds due to Messi’s non-appearance in Sunday’s game, and even the Hong Kong government shared its dismay that the forward had not taken to the field. Luis Suárez, Messi former teammate at Barcelona, was also sidelined with an injury in Hong Kong but played 75 minutes for Miami against Vissel Kobe.

Persons: Lionel Messi, “, ” Messi, Messi, Vissel Kobe, Philip Fong, David Ruiz, Luis Suárez Organizations: CNN — Inter Miami, Vissel, Weibo, Messi, Vissel Kobe, Miami, Hong, Barcelona Locations: Vissel Kobe, Tokyo, Hong Kong, China, Sichuan, Weibo, AFP, Japan

☆ CNBC Daily Open: Tech layoffs continue to hit
▼ + stars: | 2024-02-07 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stocks mostly upAsia markets largely rose on Wednesday tracking Wall Street's advance as investors digested corporate earnings. Like gold, silver prices tend to have an inverse relationship with interest rates. With expectations that the Federal Reserve could start cutting rates this year, silver may get a boost.

Persons: Dow, Arthur Laffer, Laffer, Bob Iger, Jason Hsu, Hsu Organizations: CNBC, DBS Group, Nasdaq, Federal Reserve, ESPN, Fox, Warner Bros, Disney, Rayliant Global Advisors Locations: Asia, Asia's, Hong Kong

After a 0-0 draw in regulation, the match went to penalty kicks and Vissel won the shootout 4-3. But it wasn't close to the level of booing that broke out in Hong Kong after Messi stayed on the bench for the entire game with a groin injury. The match in Tokyo wrapped up Inter Miami's global promotional tour — stretching from El Salvador to Dallas into Saudi Arabia and Hong Kong and ending in Tokyo. Inter Miami is loaded with former Barcelona players including Messi, Luis Suarez, Jordi Alba, and Sergio Busquets. Andres Iniesta, another former Barcelona star, played several seasons in Japan with Vissel Kobe and spoke briefly to the crowd before the match.

Persons: Lionel Messi, Messi, Vissel, Luis Suarez, Jordi Alba, Sergio Busquets, Andres Iniesta, ___ Organizations: TOKYO, Wednesday, Inter, Tokyo’s, Miami, Newell's Old, Inter Miami, Barcelona, Vissel Locations: Hong Kong, Tokyo, Asia, Kobe, Argentina, El Salvador, Dallas, Saudi Arabia, Florida, Rosario, Barcelona, Japan, Vissel Kobe

Search resuls for: "HONG KONG"

25 mentions found