Page 7 - Christopher Cushing News Today

SHANGHAI (Reuters) - Eli Lilly said on Tuesday its diabetes drug tirzepatide has received approval from Chinese regulators, setting up intensifying competition with its Danish rival Novo Nordisk in the key Asian market. Novo Nordisk's popular diabe...

Asian shares started the week by rallying two-year highs on Monday, buoyed by Chinas strongest measures yet to address its property crisis and by expectations for global rate cuts within weeks,...

Chinas Commerce Ministry said on Monday that it will prohibit some U.S. firms from importing and exporting activities related to China, including one selling arms to Taiwan, and forbid them from... -May 19, 2024 at 10:32 pm EDT - MarketScreener

A federal judge on Sunday blocked the Biden administration from fully implementing a new rule that would require gun dealers to obtain licenses and conduct background checks when selling firearms... -May 19, 2024 at 11:09 pm EDT - MarketScreener

The Australian dollar hovered near a four-month top on Monday, supported by a surge in commodity prices after China unveiled huge steps to stabilise the property market, while the kiwi was on edge...

Mexicos major presidential candidates squared off Sunday night in a debate focused on security, with the ruling party hopeful defending the outgoing presidents policy even as her main rival... -May 20, 2024 at 12:10 am EDT - MarketScreener

Activist investor Oasis Management on Monday said Japanese paper manufacturer Hokuetsus plans for a strategic alliance with Daio Paper lacked numerical details on where synergies could be gained. ...

Asian shares hit two year highs while copper and gold struck records on Monday as investors wagered on interest rate cuts around the corner and China stepping up efforts to steady its ailing property... -May 20, 2024 at 02:58 am EDT - MarketScreener

Chinese long-dated treasury bonds are determined by growth and inflation expectations but also short-term factors so investors must be cautious and avoid speculation, central bank-affiliated Financial... -May 16, 2024 at 09:28 pm EDT - MarketScreener

Property investment in China in the first four months of 2024 fell 9.8% from a year earlier, after dropping 9.5% in the first quarter, indicating the sector is yet to bottom out despite a flurry of... -May 16, 2024 at 10:00 pm EDT - MarketScreener