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New Zealand holds gains near 0.5900 despite weaker China PMI data

The NZD/USD pair holds positive ground near 0.5890 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) remains firm despite the downbeat Chinese economic data. Traders will closely monitor the develop…

Finance

British Pound struggles despite easing risk aversion

GBP/USD holds losses after three days of gains, trading around 1.3470 during the Asian hours on Monday. The currency pair may regain its footing as the US Dollar (USD) struggles under easing risk aversion, driven by hop…

Finance

What does the China reset mean for the Nike business?

Sports-related products are the fastest growing consumer category in China and participation in sports and exercise is at its highest level in decades. The overall sportswear market has ballooned 51% in the past five ye…

Finance

BYD’s sales rise for third month, buoyed by exports

[BEIJING] Chinese electric vehicle maker BYD posted a second consecutive month of global sales growth in June, as a surge in exports helped offset weak demand in its home market.

Finance

Russia pounds Kyiv with missiles, killing at least three

KRYVIY RIH, Ukraine -- A Russian ballistic missile strike hit a home in the village of Radushne in Ukraine's southeastern Dnipropetrovsk region, killing almost an entire family, as Ukrainian officials reported at least …