Category: China
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Asian Stocks Rise After US Gains, China Support: Markets Wrap
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(Bloomberg) — Asian stocks were mostly higher in early trading after U.S. stocks hit a new record high amid resilient corporate earnings and as China took steps to shore up its real estate market. Most read from Bloomberg Stocks rose in Australia and Japan, and Hong Kong futures pointed to…
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Economic calendar in Asia Monday, 20 May 2024 – People’s Bank of China rate setting day
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Last Wednesday, the People’s Bank of China kept the interest rate on its medium-term lending facility unchanged at 2.5%. The MLF’s no-change rate strongly suggests that the one-year and five-year loan coverage rates will remain at the same rates as well: 3.45% and 3.95%, respectively The MLF rate setting is…
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Bitcoin Asia: China Emerges As New Frontier For Bitcoin Innovation
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Ah, the Wild West. John Wayne, The Man With No Name, Billy the Kid and Jesse James. Borders have a way of capturing everyone’s imagination – young and old. Cowboys, outlaws, gold diggers. A land of opportunity and harsh cruelty. Ruthless but irresistible. Bitcoin was once such a frontier. The…
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Bitcoin Asia: China Emerges As New Frontier For Bitcoin Innovation
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Ah, the Wild West. John Wayne, The Man With No Name, Billy the Kid and Jesse James. Borders have a way of capturing everyone’s imagination – young and old. Cowboys, outlaws, gold diggers. A land of opportunity and harsh cruelty. Ruthless but irresistible. Bitcoin was once such a frontier. The…
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Applied Materials Q2 results top estimates as growth in China jumps By Investing.com
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Investing.com – Applied Materials on Thursday reported fiscal second-quarter results that beat estimates, led by strong growth in China as the wave of artificial intelligence continues to boost demand for chips. Applied Materials Inc (NASDAQ:) fell more than 1% in the after-hours on the news. For the three months ended…
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China stock rebound rally still has legs- CICC By Investing.com
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Investing.com — Chinese stocks may still have room to rise after an impressive rally over the past three months, analysts at CICC wrote in a note, citing continued policy support and improving economic conditions. China and its indices have rebounded by about 17% and 18%, respectively, from multi-year lows reached…
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ROCKWOOL enrols India, China, and Slovenia in Rockcycle programme
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Article content ROCKWOOL’s take-back program, Rockcycle, facilitates closed-loop recycling and is now available in 21 countries around the world – including North America, Europe and Asia. HEDHOUSEN, Denmark, May 13, 2024 (GLOBE NEWSWIRE) — Construction and demolition waste represents 30 percent of all waste produced globally, and more than 35…
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China to Nurture Stock Rally by Masking Live Foreign Flows Data
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(Bloomberg) — China is set to stop live broadcasts of foreign stock flows as early as Monday, the latest policy move to boost confidence by removing a potential source of negative data. Most read from Bloomberg The Shanghai and Shenzhen stock exchanges plan to stop displaying real-time figures on domestic…
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Harvest Plans To Open Bitcoin ETF To Mainland China
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Harvest Global Investments, a Chinese fund house and one of the issuers of the first Bitcoin and Ethereum spot trading funds (ETFs) in Hong Kong, Certain It plans to open these funds to mainland Chinese investors through Hong Kong Stock Connect. This development could significantly expand the investor base and…
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Asia FX weak with US inflation in sight; China tariff fears dent yuan By Investing.com
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Investing.com — Most Asian currencies were modestly lower on Friday as the dollar stabilized from overnight declines, with focus shifting squarely towards key US inflation data due next week, which is likely to provide further signals on interest rates. The Chinese yuan fell, as did currencies with trade exposure to…
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Long list of oil support: risk on, technical, inventory, Mid East, China, restocking
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
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We should be in a stand-off with China, says Iain Duncan Smith
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The UK should impose economic sanctions on China, after claims the country hacked the Ministry of Defence, a senior Conservative MP, Sir Iain Duncan Smith, has said. Sir Ian said he believed there was conflict within Whitehall over how to deal with China, but warned that the country’s purpose was…