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Top related persons:
Androniki - 1 Alden Bentley - 1 Satya Nadella - 1 Sam Altman - 1 — - 1 Fan Lei - 1 Taylor - 1 Grace Smith - 1
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Japan Tokyo Alden U.S Asia China Ukraine Europe
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Nikkei - 1 REUTERS - 1 Breaking - 1 Finance - 1 Markets - 1 Microsoft - 1 Treasury - 1 Fed - 1

Search resuls for: "Tongcheng Travel"


3 mentions found


☆ Morning Bid: Rallying Nikkei on the cusp of a breakout
  + stars: | 2023-11-20 | by ( Jamie Mcgeever | Thomson Reuters | Jamie Mcgeever Has Been A Financial Journalist Since | ) www.reuters.com   time to read: +3 min
Passersby wait at a crossing in front of an electronic board showing Japan's Nikkei average outside a brokerage, in Tokyo, Japan, March 17, 2023. REUTERS/Androniki Christodoulou/File Photo Acquire Licensing RightsNov 21 (Reuters) - A look at the day ahead in Asian markets from Alden Bentley, U.S. The benchmark S&P 500 (.SPX) is now less than 2% away from its highest level this year that was reached in July. There are few potential U.S. market moving events this week, besides Tuesday's day early release of the minutes from the Federal Open Market Committee's last meeting. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Androniki, Alden Bentley, Satya Nadella, Sam Altman Organizations: Nikkei, REUTERS, Breaking, Finance, Markets, Reuters, Microsoft, Treasury, Fed, Federal, Reserve Bank of Australia, Bank Indonesia, Kuaishou Technology, Tongcheng Travel, Alden Bentley Our, Thomson Locations: Tokyo, Japan, Alden, U.S, Asia
☆ Tourists are still not returning to China and that's not good for anybody
  + stars: | 2023-09-26 | by ( Cork Gaines | ) www.businessinsider.com   time to read: +6 min
International tourism to China is still well below pre-pandemic levels. Tourism is one of several economic woes in China that could spill over into the global economy. Now add another problem — China's tourism industry is struggling to recover from the pandemic. AdvertisementAdvertisementThe China Tourism Association noted in May that "the number of visitors from Europe, America, Japan and Korea are all dropping, substantially," The Japan Times reported. China's problems could spill over into the global economyTrouble for China's economy could mean more bad news for the rest of the world.
Persons: —, Fan Lei, Taylor, Grace Smith, Janet Yellen, Joe Biden, Tourism hasn't, They're Organizations: Tourism, Service, Street Journal, China Tourism Association, Japan Times, Tourists, Forbidden, US State Department, CNN, China Morning, MediaNews, Denver Locations: China, Ukraine, Europe, America, Japan, Korea, Forbidden City, Denver
☆ Chinese savers stashed away $2.6 trillion last year but property crash will cool ‘revenge spending’
  + stars: | 2023-02-07 | by ( Laura He | ) edition.cnn.com   time to read: +6 min
Burberry (BBRYF) said last month that it’s seeing “very promising” signs in China, according to Reuters. Since real estate accounts for 70% of household wealth in China, “revenge spending” will be limited, analysts said. They expect household consumption growth to rebound to 9.5% in 2023 from about 3% in 2022, fueling annual GDP growth of more than 5%. Morgan Stanley analysts expect to see some “revenge spending” mostly from household with stable incomes. They’re expecting household consumption growth to rebound to 8.5% in 2023, contributing to full-year economic growth of 5.7%.
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