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Qantas shares jump after earnings as airline unveils new business-class seats●Europe’s gas stores are running low — and prices could top 100 euros this winter●Walmart is selling a 10-pack of outdoor solar lights for only $27●Tata Power share price falls 4% after $490 million arbitration challenge. Do you own?●The costly trap of taxing assumptions●When everything depends on the CEO, the organisation is weaker than it looks●CSCS cuts retail lien fees, removes transfer charges●Tanker attack tests Trump’s claim that Hormuz is a 'functioning strait'●Qantas shares jump after earnings as airline unveils new business-class seats●Europe’s gas stores are running low — and prices could top 100 euros this winter●Walmart is selling a 10-pack of outdoor solar lights for only $27●Tata Power share price falls 4% after $490 million arbitration challenge. Do you own?●The costly trap of taxing assumptions●When everything depends on the CEO, the organisation is weaker than it looks●CSCS cuts retail lien fees, removes transfer charges●Tanker attack tests Trump’s claim that Hormuz is a 'functioning strait'●

Asia

Chip sell-off helps boost China’s private funds as US$83.3b is pulled out of mutual funds

Business - South China Morning Post · 1h ago · 🇨🇳 China

Chip sell-off helps boost China’s private funds as US$83.3b is pulled out of mutual funds

The assets managed by China’s private funds grew last month as those of its mutual funds shrank, with investors diversifying their portfolios amid a sell-off of semiconductor shares. The net assets under management (AUM) of domestic mutual funds shrank by 560 billion yuan (US$83.3 billion), or 1.4 per cent month on month, in July to 39.11 trillion yuan, according to data released by the Asset Management Association of China on Wednesday. The decrease ended a four-month run of mutual fund growth,...

Read the full story at Business - South China Morning Post →

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