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lunar new year
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  • China to impose COVID-19 tests on Lunar New Year travellers as infections rise Jan 21, 2021 11:50 AM IST

    China to impose COVID-19 tests on Lunar New Year travellers as infections rise

    Millions of residents in Hebei province surrounding Beijing, the northeastern Jilin province and Heilongjiang have been put into lockdown in recent weeks amid what is the worst wave of new infections since March 2020.

  • Apple says reopening all its branded stores in China Mar 13, 2020 11:50 AM IST

    Apple says reopening all its branded stores in China

    Apple had announced the shuttering of its branded stores in early February.

  • India gold demand lags on price surge; all eyes on Lunar New Year Jan 18, 2019 04:57 PM IST

    India gold demand lags on price surge; all eyes on Lunar New Year

    "Prices are just moving higher and higher. Buyers are waiting for a correction in prices and the annual budget as there is speculation of a duty cut," said a Mumbai-based dealer with a bullion importing bank.

  • China central bank pledges cash support for banks before Lunar New Year Dec 29, 2017 11:52 AM IST

    China central bank pledges cash support for banks before Lunar New Year

    The People's Bank of China usually provides short-term liquidity support for banks to help deal with greater demand for cash ahead at that time of year.

  • Yuan hits 2016 high against $ after PBOC speaks on FX strategy Feb 15, 2016 12:33 PM IST

    Yuan hits 2016 high against $ after PBOC speaks on FX strategy

    The PBOC set the yuan at 6.5118 per dollar prior to the market open on Monday, up from 6.5314 on February 5, the final fix before the week-long Lunar New Year holiday.

  • Exporters struggle to cope with a changing world economy Jun 22, 2015 10:31 AM IST

    Exporters struggle to cope with a changing world economy

    Asian exports to the United States have risen this year, but Neumann says such growth now is more driven by investment in software development and shale-oil drilling than by activity that pulls in imports.

  • Goldman is overweight China, India for next year Nov 24, 2014 01:49 PM IST

    Goldman is overweight China, India for next year

    "2014 has been another year with an unexciting headline return," with the MSCI Asia Pacific ex-Japan index (MXAPJ) up only around 3 percent after a selloff in September wiped out earlier gains, Goldman said in a report Monday

  • China central bank to cut bank reserves if growth falters Mar 12, 2014 09:38 AM IST

    China central bank to cut bank reserves if growth falters

    A cut would be triggered if growth slips below 7.5 percent and towards 7.0 percent.

  • China Feb CPI up 3.2% on year as food prices jump Mar 09, 2013 08:12 AM IST

    China Feb CPI up 3.2% on year as food prices jump

    China's annual inflation jumped to a 10-month high in February as holiday spending for the Lunar New Year drove food prices sharply higher, data from the National Bureau of Statistics (NBS) showed on Saturday.

  • Lower gold prices lure buyers; India demand to pick up Mar 01, 2013 03:02 PM IST

    Lower gold prices lure buyers; India demand to pick up

    Buying picked up from some Asian countries after gold retreated below USD 1,600 an ounce, and India's demand is expected to improve in April at the start of a new fiscal year, after the government held off from further curbs on gold inflows,

  • China data to underline rebound but holidays distort Feb 08, 2013 03:52 AM IST

    China data to underline rebound but holidays distort

    China's economic rebound should show signs of strengthening on Friday when the first hard economic data of the year are released, although distortions caused by the Lunar New Year holiday will make it difficult to gauge momentum

  • Gold buyers remain on sidelines in India Jan 30, 2013 03:26 PM IST

    Gold buyers remain on sidelines in India

    Physical gold purchases lost steam this week as stockpiling in China and other Asian markets ahead of the Lunar New Year drew to a close and Indian buyers remained on the sidelines of the market, with ample inventory in hand.

  • Beyond Chinese New Year data skew, a bear lurks Feb 12, 2012 11:32 AM IST

    Beyond Chinese New Year data skew, a bear lurks

    Trying to track China's economic course during the Lunar New Year can leave analysts howling at the moon. January auto sales tumbled, yet oil imports were the third highest on record. A measure of factory activity picked up, but trade data was weak.

  • China commodity imports stall in February Mar 21, 2011 06:36 PM IST

    China commodity imports stall in February

    China's imports of many major commodities all but dried up in February as a national holiday, abundant stockpiles and rising prices combined to discourage shipments, data from China's Customs office showed on Monday.

  • Chinese visitors to Japan set to surge for holiday Feb 02, 2011 01:07 PM IST

    Chinese visitors to Japan set to surge for holiday

    Japan is expecting a surge in Chinese visitors during the lunar New Year holiday period, with tourists eager to snap up electronics and other goods in a welcome boost for retailers

  • China should raise rates to tame inflation: C.bank adviser Jan 29, 2011 10:50 AM IST

    China should raise rates to tame inflation: C.bank adviser

    China should gradually raise deposit rates to curb inflation, which could accelerate in the first quarter as festive spending over the Lunar New Year holiday push up prices in the world's No. 2 economy, a central bank adviser was quoted by Dow Jones Newswires as saying.

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