Business

Chinese stocks drop while other Asian equities gain

[ad_1]

Komatsu trucks are driven at the Oyu Tolgoi copper-gold mine in Mongolia. The Japanese machinery maker posts quarterly earnings on Monday © SeongJoon Cho/Bloomberg

Events: Foreign ministers of Australia, India, Japan and the US hold a Quadrilateral Security Dialogue meeting in Tokyo. US secretary of state Antony Blinken concludes a visit to Japan and leaves for the Philippines. Indonesian foreign minister Retno Marsudi visits New Zealand. EU foreign policy chief Josep Borrell heads to Vietnam. The Unesco World Heritage Committee, meeting in New Delhi, presents its 2024-31 Europe and North America action plan.

Economic indicators: China issues foreign direct investment data for June. State Bank of Pakistan governor Jameel Ahmad announces an interest rates decision.

Corporate updates: Indian utility Adani Gas, Japanese machinery group Komatsu and drugmaker Shionogi & Co, and Chinese medical tech company WuXi AppTec present quarterly earnings. Singapore Airlines holds its annual meeting. South Korea’s Samsung Electronics faces a deadline to make a fresh offer on pay and conditions to its biggest workers’ union.

[ad_2]

Source link