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Asian news from Shanghai

princess Kate - Looking for leads, not love: Job seekers in China turn Tinder into a networking tool - cnbc.com - China - Usa -  Shanghai - North Korea

Looking for leads, not love: Job seekers in China turn Tinder into a networking tool

Young people in China facing an increasingly tough labor market are turning to an unlikely place for help in their job searches: Tinder.

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Nikkei staff writer - CK Tan - China home prices sink further despite mortgage rate cut - asia.nikkei.com - China -  Beijing -  Shanghai -  Shenzhen -  Guangzhou

China home prices sink further despite mortgage rate cut

SHANGHAI -- Prices of new homes in China fell further in February, official data showed Friday, underscoring calls for more policy support to shore up demand.

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Li Qiang - China National People's Congress leaves markets divided - asia.nikkei.com - China - Hong Kong -  Hong Kong -  Shanghai

China National People's Congress leaves markets divided

SHANGHAI/HONG KONG -- Market reaction has been split on the National People's Congress that ended Monday, with the Shanghai Composite Index rising 1% during the meeting on the announcement of economic support measures even as Hong Kong's mostly foreigner-traded Hang Seng Index fell slightly.

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Li Qiang - China’s C919 jet gets new route as development for widebody sibling rolls on - scmp.com - China - Usa -  Beijing -  Shanghai - state Indiana -  Hangzhou - province Zhejiang

China’s C919 jet gets new route as development for widebody sibling rolls on

China has launched a new route for the C919 – China’s home-grown narrowbody passenger jet – a move that will expand its commercial footprint, bolster the country’s push for self-reliance in civil aviation and contribute to its quest to meet economic targets for the coming year.

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CISSY ZHOU - Chinese investment in Asia rose 37% in 2023, led by Indonesia - asia.nikkei.com - China - Indonesia - Hong Kong -  Shanghai - region Asia-Pacific

Chinese investment in Asia rose 37% in 2023, led by Indonesia

HONG KONG -- Chinese investment in the Asia-Pacific region rose sharply in 2023, a new report shows, bucking global trends even as the world's No. 2 economy sputters.

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Amelia Lucas - Yum China CEO says consumers are growing more 'rational' as rising costs cut dining budgets - cnbc.com - China -  Beijing -  Shanghai -  Chengdu

Yum China CEO says consumers are growing more 'rational' as rising costs cut dining budgets

While economists and investors fret over China's low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years.  

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Japanese, Australian shares hit record highs on Wall Street bounce - asia.nikkei.com - Japan - China -  Beijing - Hong Kong -  Shanghai - Australia

Japanese, Australian shares hit record highs on Wall Street bounce

SYDNEY, March 1 (Reuters) -- Japanese and Australian shares hit fresh record highs on Friday as a key U.S. inflation reading came in as expected, a relief for investors that had looked for a June rate cut, while mixed data from China bolstered hopes for more policy support.

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Ev - IM Motors raises $1.1bn in one of China EV brands' biggest deals - asia.nikkei.com - China -  Beijing -  Shanghai -  Abu Dhabi

IM Motors raises $1.1bn in one of China EV brands' biggest deals

BEIJING (Reuters) -- IM Motors, a premium electric vehicle brand of state-owned Chinese automaker SAIC, said on Friday it has raised more than 8 billion yuan ($1.1 billion) to work on new smart car models and technologies.

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