By Tom WestbrookSINGAPORE (Reuters) - Hong Kong shares rose to a three-year peak and led Asian markets higher on Tuesday, as investors turn positive on the outlook for China, cheering recent data and promises to further support consumption in the world’s second-largest economy.The Hang Seng was up 2% and its 23% year-to-date gain is easily the largest of any major market.The upbeat mood is likel ...
Investing.com-- Most Asian stocks rose on Tuesday, with Hong Kong markets rallying on increasing optimism over more Chinese stimulus, while confidence in the country’s AI capabilities drove buying into major technology shares. Japanese shares were also standout performers, with the country’s five largest trading houses marking strong gains after billionaire investor Warren Buffett’s Be ...
By Shivani Tanna and Ross Kerber(Reuters) - BlackRock, Vanguard and State Street (NYSE:STT) asked a Texas court late on Monday to dismiss a U.S. state lawsuit accusing them of conspiring to decrease coal output, saying the allegations were "half-baked and untested" legal theories. "To find that Plaintiffs have stated an antitrust claim on these alleged facts requires contorting the law in a way ...
By Mei Mei Chu and Tom PolansekBEIJING/CHICAGO (Reuters) -Beijing has renewed registrations that allow hundreds of U.S. pork and poultry facilities to export to China, industry groups said on Monday, after lapses threatened shipments to the world’s largest meat importer.Chinese customs website showed that registrations were renewed until 2030, but those for hundreds of U.S. beef facilities remai ...