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...“The amount of money saved by laying off staff is insufficient compared to the 40-50 per cent decline in prices in the market over the last 12 months,” she said....
...“Many investors, including us, are still sceptical, because authorities have not implemented a sufficient amount of [monetary and fiscal] easing,” said Chi Lo, senior Asia-Pacific strategist at BNP Paribas...
...The MSCI India is trading at a forward price-to-earnings multiple for 2024 of 23 times, compared with 12.5 times for the broader emerging market index....
...He added that continued pay cuts were in line with the general tone at China’s Central Financial Work Conference in October chaired by Xi. “You have to listen to the calling from the party,” he said....
...But Xi had earlier expressed only lukewarm support for the Swiss peace conference, which is due to be held in mid-June....
...“Governments of all levels better get used to belt-tightening and start to understand that this is not a temporary need, but a long-term solution,” finance minister Lan Fo’an told a press conference during...
...Xi, who had met most of this week’s US visitors previously, engaged in a “real discussion” for one hour and 40 minutes, with prepared remarks lasting only 12 minutes, Orlins said....
...bolster” what he described as a free and open Indo-Pacific....
...Speaking at China’s flagship international business conference in Beijing, Georgieva said the global economy showed remarkable resilience to shocks but was headed for growth that was “weak by historical...
...“China and Russia have created a new paradigm of major-country relations,” Wang said in a press conference during the meeting of the National People’s Congress....
...Yu Liang, Vanke’s board chair, told a press conference on Friday morning that the real estate market is “oversold” in the short term and that the industry’s prospects are still “broad”, according to local...
...In most countries, the cancellation of a press conference would barely warrant a murmur....
...“Last year really was much quicker than we all anticipated,” Skea told the audience at the FT Climate Capital Live conference in London....
...Governments also failed to agree to curb subsidies for overfishing, a key demand for Pacific island states and those in Africa....
...Xi had met US business leaders in November during a dinner that was organised on the sidelines of the Asia-Pacific Economic Cooperation forum in San Francisco by the US-China Business Council and the National...
...According to remarks from Xi released after December’s Central Economic Work Conference, an annual meeting that sets economic policy for the following year, “overcapacity in some industries” was among the...
...Overseas markets had “huge potential”, said Wang Hongxue, an executive director at ChaPanda, at a press conference in Hong Kong on Monday, ahead of a listing in the territory that aims to raise about $330mn...
...For many investors at a Goldman Sachs conference in Hong Kong, that vow was too little, too late....
...The press conference, though carefully staged, was one of the few opportunities for foreign and domestic media to engage China’s leadership....
...Caroline Kennedy, US ambassador to Australia, told a mining conference in Perth on Wednesday that there were national security and economic implications, with the country’s battery minerals sector, including...
...Chaos conference: Far-right figures cried foul after Belgian police crashed a meeting of nationalist parties in Brussels....
...The organisers of the conference, held in the scenic Diaoyutai State Guesthouse in Beijing, announced on Friday that China’s second-ranked official premier Li Qiang would preside over the event this year...
...How naive do you need to be to believe that this can be changed within six or 12 months?” Ralf Thomas said in an interview with the Financial Times. “This is about decades.”...
...China’s export volumes rose by 14 per cent year on year for the first quarter, even as their value fell 12 per cent, according to Morgan Stanley....
...US Steel’s shares dropped a further 6.4 per cent to $38.26 on Thursday, having fallen by more than 12 per cent on Wednesday....
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