China Property Shares Rise on Financial Support Policy

HONG KONG, July 11 Reuters Shares of Chinese property developers rose on Tuesday after regulators extended some policies in a rescue package introduced in November to shore up liquidity in the embattled sector. Analysts said while the extended policy could ease the shortterm financial pressure on property developers and ensure their home project completions, new […]
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Rupee Rises Tracking Broad Dollar Decline; Premiums Edge Up

MUMBAI, July 11 Reuters The Indian rupee was trading higher against the U.S. currency on Tuesday, tracking an advance in its Asian peers. The rupee was trading at 82.3600 against the dollar at 1030 a.m. IST against 82.5650 in the previous session. We anticipate speculators liquidating their long dollar positions built last week, with exporters […]
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GM Cuts Lyriq EV Price in China by 14 after VW Discounts

SHANGHAI, July 10 Reuters General Motors Co on Monday cut the starting price for the Cadillac Lyriq in China by almost 14, joining Volkswagen in a new round of electric vehicle price reductions in a market where global automakers are under pressure. The Lyriq, a luxury crossover based on GM39;s Ultium EV architecture, is now priced […]
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