Tag Archives: Breaking News: Asia

Asian stocks trade mainly higher as China’s June industrial gains soar

Most Asian markets traded higher on Monday morning as investors continue to watch developments on issues like the coronavirus pandemic. Shares in Taiwan led gains among the region’s major markets, as Taiex soared 2.69%, and Taiwan Semiconductor Manufacturing Company shares rose nearly 10%. South Korea’s Kospi also saw robust gains …

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China orders the United States to close consulate in Chengdu

The Chinese Foreign Ministry announced on Friday that it is revoking the license for the United States Consulate General in the city of Chengdu, southwest China. The ministry also ordered the consulate general to cease operations, according to an online statement. “The current situation between China and the United States …

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Beijing reports GDP for the second quarter of 2020

China reported that the country’s GDP grew 3.2% in the second quarter of this year, compared to the previous year, exceeding analyst expectations and recovering from the first quarter contraction. It occurs when the blockades to contain the coronavirus outbreak in China decreased, and when Beijing implemented stimulus measures to …

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Exports & imports in June

Aerial view of shipping containers stacked in Lianyungang port on June 3, 2019 in Lianyungang, Jiangsu province of China. Wang Jianmin | Visual China Group | fake pictures China’s dollar-denominated exports and imports increased in June as restrictions eased and countries began to reopen their economies. June customs data exceeded …

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economy hires 12.6% year-over-year

An overview of the Marina Bay Sands, the ArtScience Museum, the Singapore Flyer and the Central Business District on June 19, 2020 in Singapore. Suhaimi Abdullah | fake pictures Singapore’s economy contracted 12.6% in the second quarter compared to the previous year, according to advance estimates from the Ministry of …

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