Pedestrians walk past Yama! Brands Shanghai, China Bloomberg | Getty SINGAPORE – Shares of Yum China started trading in Hong Kong on Thursday, but fell more than 4% in early trading. Yum China, which operates fast food restaurant Rants KFC, Taco Bell and Pizza Hut in China, has raised 22 …
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Bottled water from Nongfu Spring at a supermarket in Hangzhou, China. Costphoto | Barcraft Media | Getty Images SINGAPORE: Shares of Chinese bottled water giant Nongfu Spring surged more than 85 percent in Hong Kong’s stock market on Tuesday. The stock reached about 35.00 HKD ((4.52) before opening at HK …
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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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European stocks were lower on Monday as U.S. Monetary policy signals boosted global risk assets. As most major European bourses were higher as global market players relied on supportive monetary policy measures, stocks would rebound despite the economic damage to the coronavirus epidemic. Last week, the Fed, which has cut …
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U.S. government debt prices slid lower Friday, when markets responded to Federal Reserve Chairman Jerome Powell’s announcement of a major policy shift when it comes to inflation. The yield on the benchmark 10-year Treasury note rose to 0.7638%, while the yield on the 30-year Treasury bond peaked higher to 1.5369. …
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