(Reuters) -Cathay Pacific Airways said on Wednesday it has paid a dividend of HK$292.5 million ($37.4 million) due on preference shares on Aug. 14 and said it expects strong travel demand to remain this month. The airline had, in June, said it would pay the deferred dividend of HK$1.5 billion on the preference shares held…
By Josh Ye and Samrhitha A (Reuters) -China’s Tencent Music Entertainment Group reported a 5.5% increase in quarterly revenue thanks to a rise in user subscriptions but warned that future revenue will shrink because of tighter live-streaming controls. The Spotify-like music streaming company controlled by Chinese tech giant Tencent Holdings is making adjustments to its…
A look at the day ahead in European and global markets from Brigid Riley China’s new home prices fell in June for the first time this year, adding to an alarming picture of the world’s second largest economy from a sector that has become a persistent source of trouble. Global stock markets looked accordingly gloomy…
