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...College endowments with more than $5bn in assets reported an average return of 2.8 per cent in the year to June 2023, according to the National Association of College and University Business Officers....
...Elmlead, a Shanghai-based real estate information provider, estimated that almost 2,000 projects nationwide worth a combined Rmb6tn had been suspended at the beginning of this year by developers that defaulted...
...A senior official in Shanghai said the biggest challenge for China under the new methodology would be its planned nationwide survey of more than 2,000 private companies, many of which are suffering from...
...Elsewhere, the Wind State-owned Key Enterprises Concept Index, which tracks 55 major SOEs, has lost 9.2 per cent since hitting a peak early last month....
...Yu Group has had an extraordinary run since the pandemic....
...In an interview with Nikkei Asia’s Yifan Yu, SIA president and CEO John Neuffer said these numbers serve as the first report card for the Chips Act, which “looks pretty strong”....
...But the fate of TikTok in the US might not be decided as quickly as some US lawmakers might’ve hoped, Nikkei Asia’s Yifan Yu writes....
...The net internal rate of return, a performance benchmark, of the $2.2bn Warburg Pincus China fund, which began operation in 2016, plummeted to 7.9 per cent in September last year from 25.5 per cent two years...
...Public records show China’s 771 locally owned multi-strategy hedge funds generated an average return of 2.8 per cent last year....
...“Calpers is looking for a strong investor with broad experience, who is committed to our public service mission of ensuring the retirement benefits of 2 million people,” Marcie Frost, chief executive of...
...Yuan Lixia, a 45-year-old migrant worker in the southern Hunan province, decided this year to withdraw from the main health insurance policy, which covered less than 40 per cent of a Rmb20,000 ($2,800) back...
...Basking in the shop’s sunny courtyard — at an elevation of 2,000 metres, subtropical Dali is renowned for its agreeable climate — Gao explains that dreamers and dropouts have been coming here for decades...
...‘Le monde comme il va’, Bourse de Commerce, Paris, to September 2; Pierre Huyghe, Liminal, Punta della Dogana, Venice, to November 24. pinaultcollection.com Find out about our latest stories first — follow...
...Private sector investment was down 0.6 per cent at the end of September, a further slowdown from a decline of 0.2 per cent at the end of June....
...The producer price index, which measures the price of goods sold by manufacturers, declined 2.5 per cent year on year....
...Hou Yu-ih from the Kuomintang, the largest opposition party, had 33.5 per cent of the vote and Ko Wen-je from the smaller Taiwan People’s party had attracted 26.5 per cent....
...Former police chief and New Taipei City mayor Hou Yu-ih, nominated by the largest opposition party Kuomintang, and former Taipei mayor Ko Wen-je, a surgeon who is running for the centrist Taiwan People’s...
...Hou Yu-ih, running for the opposition Kuomintang, has implied that a victory by Lai, the frontrunner, would drag Taiwan into a war with China....
...An opinion poll on Friday by Formosa, one of Taiwan’s most reliable pollsters, showed Lai narrowly leading Hou at just over 31 per cent, while Ko’s support stood at 25.2 per cent....
...A survey of 2,226 Chinese doctors by YXJ, an industry portal, last September found respondents made an average of Rmb107,000 ($14,700) a year....
...The second-quarter growth rate was stronger than the 0.5 per cent forecast in a Reuters analysts’ poll but weaker than the 2.2 per cent quarter-on-quarter expansion in the January-March period....
...The second-quarter growth rate compares with a 2.2 per cent quarter-on-quarter expansion in the January-March period. Read more about China’s economy here....
...The Chinese economy is still generating millions of jobs, and the overall unemployment rate was stable at 5.2 per cent in May....
...Related stories Nvidia’s boom gives TSMC a lift but does less for other chipmakers TSMC to make cutting-edge 2-nm chips at new plant in southern Taiwan Nvidia revenue hits record $13.5bn amid surging...
...This represented a slowdown from the first quarter, when the economy expanded 2.2 per cent....
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