BlackRock Inc.’s head of China operations resigned, adding to the company’s challenges as competition intensifies in the 130 trillion yuan ($18 trillion) asset management market.
The bearish tide against Chinese equities is growing but for some money managers, the stocks are value for money.
The 24 hours before Tuesday’s flooding of the Dnipro River basin were already dramatic, as Ukraine appeared on the cusp of a counteroffensive that many in Kyiv see as their best chance to defeat Russia’s invasion.
Japanese Prime Minister Fumio Kishida proposed a long list of policy targets for this year, as speculation continues over Kishida potentially calling an early election.
Chinese exports fell for the first time in three months in May, adding to risks in the world’s second-largest economy as global demand weakens.
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