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Asian Stocks Gather Momentum, Watch for Daily RMB Pricing: Market Review

(Bloomberg) -- Asian stocks are set to follow Wall Street higher after jobs data released Friday signaled a strong U.S. economy. Bloomberg's "Most Read":Royal Bank of Canada Fires Chief Financial Officer Ahn Jae-mong After Probe of Personal TiesTrumpism Is Hollowing Out ChurchesSaudis Scale Back $1.5 Trillion Desert ProjectNeom's AmbitionsTurkey Joins NATO Allies in Suspending European Arms PactMa resoner紥尅尅berg's Wealth Surpasses Elon Mason's for the First Time Since 2020Stock Futures in Australia, Japan and the U.S. Stock futures in Australia, Japan and the U.S. have all risen in price.

China's crowded wine market offers no lifeline to struggling global industry

Australia's wine industry has been encouraged by news that China is set to lift anti-dumping tariffs and reopen the market to imports, but a tougher economic climate in 2024 is unlikely to deliver the growth in sparkling wine that winemakers are looking for. China has driven the growth of the global wine industry for two decades, as hundreds of millions of its middle class have begun to enjoy wines from Australia, Chile, Italy and France. But Chinese wine industry executives say the market and domestic consumption are still struggling to recover from a downturn that began before the COVID-19 pandemic and has lasted a long time because of the long-term limitations it imposed.

Trader's Guide: China Stocks in Focus as Yellen Visits China

(Bloomberg) -- U.S. Treasury Secretary Janet Yellen's efforts to deal with China's woes over cheap exports will add to the pressure on Chinese makers of solar panels, electric cars and batteries: Market RoundupApple Explores Home Robotics as Potential 'Next Big Thing' After Car FailureKim Jong-un on the verge of being annihilated in most North Korean war scenarios Biden tells North Korea: "Our goal is to make North Korea the most powerful country in the world.

Today's stocks: Asia stocks mixed, Shanghai up on strong China factory data

Asian stocks were mixed on Monday, with Shanghai up 1% after a survey showed improvement in China's manufacturing sector. Sydney and Hong Kong were closed for the Easter Monday holiday. Tokyo's Nikkei 225 index fell more than 1.2% to 39,883.96 after the Bank of Japan's quarterly business conditions survey showed sentiment at large manufacturers, including automotive and electronics giants, fell in March for the first time in a year.
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