Houthis launch missiles into Israel as death toll climbs after a month of war - Saturday 28 March
The involvement of Yemen’s Houthis has heightened regional tensions as the Iran-aligned group joins the conflict. The U.S. says it is hopeful...
Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
Reuters said shares in both Asian and U.S. markets weakened as traders positioned for a series of postponed U.S. indicators, delayed by the recent government shutdown. The backlog is due to begin clearing this week, with the September nonfarm payrolls report set for release on Thursday.
By the midday break, the Shanghai Composite Index had eased 0.56 %, while the CSI300 slipped 0.22 %. New energy shares were among the weakest performers, with the sector sub-index down 2.68 %.
Hong Kong’s Hang Seng Index fell 1.47 %, and the city’s tech index dropped 1.67 %.
Despite Tuesday’s declines, the Shanghai Composite has risen more than 18 % so far this year, while the Hang Seng has climbed more than 30 %. Several analysts expect the positive trend to extend into 2026.
James Wang, head of China strategy at UBS Investment Bank Research, said many of the drivers that supported Chinese equities in 2025 remained in place, citing artificial intelligence investment, accommodative policy, fiscal expansion and ample liquidity.
Wang said the bank preferred internet, hardware technology and brokerages, and had rotated out of high-dividend stocks while adding selected firms expanding overseas.
The foreign ministers of the G7 group of nations on Friday called for an immediate stop to attacks against civilians and civilian infrastructure in the Iran war.
The involvement of Yemen’s Houthis has heightened regional tensions as the Iran-aligned group joins the conflict. The U.S. says it is hopeful of holding talks with Iran in the coming days, while Tehran has said that "talking and bombing is intolerable". Welcome to our live coverage of the conflict.
France has rejected claims that South Africa was dropped from the guest list for this year’s G7 summit under pressure from United States, insisting the decision to invite Kenya was its own.
Two months after Indian negotiators worked in January to secure relief from punitive U.S. tariffs on the country’s exports and New Delhi moved to cut back its purchases of Russian crude oil, India and Russia are stepping up their energy ties once again, according to Reuters.
The United Arab Emirates has told the U.S. and other Western allies that it is willing to participate in a multinational maritime taskforce aimed at reopening the Strait of Hormuz, the Financial Times reported on Friday, citing people familiar with the matter.
Petrol price spikes triggered by the war in Iran are boosting used electric vehicle sales across Europe, online car platforms told Reuters, in an early sign that pain at the pump is pushing consumers away from combustion engines.
Meta Platforms is increasing compensation for top executives, including its first-ever offer of stock options, as it tries to fend off competition in the artificial intelligence (AI) race and incentivize leaders to stay with the company for several years.
The French government’s bid to suspend the marketplace of Chinese online retailer Shein in the country has been overruled by a Paris Court of Appeal.
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
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