Chinese Shares Suffer Further Falls

Beijing’s interventions help indices avoid the huge declines of Monday but experts warn they are likely to fail in the longer termChinese shares slumped further on Tuesday before mounting a partial recovery as Beijing battled to calm the stock market turmoil that has returned to haunt the world’s second-largest economy.Following Monday’s rout – when the stock exchange suffered its biggest one-day collapse since 2007 – the Shanghai Composite Index initially fell more than 4% before rebounding and closing nearly 1.7% down at 3,663.82 Continue reading...

BING NEWS:
  • Tacky but additive: How mini-dramas cash in on millions of viewers' emotional demands
    Wang attributed the breakneck tempo of mini-dramas to the fragmented viewing habits of mobile phone users, who consume content on-the-go. Other than sitting in a cinema to concentrate on the plot, ...
    04/25/2024 - 10:33 pm | View Link
  • Nearly all Chinese keyboard apps have encryption flaws, exposing millions of users to keylogging
    Furthermore, the researchers listed dozens of similar apps that they couldn't test but might suffer from the same issues. The researchers expressed alarm partly due to prior episodes involving ...
    04/25/2024 - 1:00 pm | View Link
  • Hermès Sales Surge Amid Exclusive Birkin Wave—Despite Global Luxury Slump
    Sales in Asia-Pacific, excluding Japan—which account for more than half the group’s revenue—grew by 14%, defying China’s slowdown that has vexed other luxury peers; Japan and the Americas also saw ...
    04/25/2024 - 3:12 am | View Link
  • Hermes Defies Luxury Slowdown With Sales Jump in China
    Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.
    04/24/2024 - 9:28 pm | View Link
  • Is Switzerland's Havana Paradise Vanishing?
    To date, Switzerland is the third largest market for Cuban cigars in the world. However, this status quo is currently changing, as the Cuban export monopoly «Habanos» is now cutting off supplies to ...
    04/24/2024 - 6:33 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News