Shares of Asia Pacific were mixed on Tuesday morning as a private survey showed that Chinese manufacturing activity in August has been expanding at its pace for almost 10 years. Mainland Chinese stocks fell, while the Shanghai Composite fell 0.16% while the Shenzhen component fell 0.448%. Hong Kong’s Hang Seng …
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On June 30, 2020, Milos Wistrill of the Czech Senate and his wife saluted the press in Taipei, Taipei. Jose Lops Amaral | Nourphoto | Getty Images In a warning issued by the Taiwanese government, China’s top diplomat said Monday that Zen Senate Chairman Milos Wistril would “pay a heavy …
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Patrick Hamilton | Bloomberg | Getty Images Rio Tinto said on Monday that it would cut short-term bonuses from its chief executive Jean-Sébastien Jacques and two other seniors following a review of the destruction of the company’s two old caves in Australia. The world’s largest iron ore miner recently stopped …
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Action in the Asia-Pacific fell to trading Monday morning as developments on the coronavirus pandemic continue by investors. Hong Kong’s Hang Seng Index led gains regionally as it jumped 1.43% in early trading. Chinese parts of the mainland were mixed. The composition of Shanghai was slightly higher, while the Shenzhen …
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The weakening of the US dollar is set to slide even further, but its importance as the world’s reserve currency is unlikely to diminish, according to analysts. The greenback had benefited when investors flew to safety amid the pandemic, which carried it to a half-and-a-half-year high in March. But now …
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