Category: China
-
China and the UK restart economic and financial talks after a 6-year hiatus
•
Breadcrumb links PMN BMN Business Article writer: Associated Press Semena Maestrino Posted on January 11, 2025 • Last updated 11 hours ago • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content TAIPEI, Taiwan (AP) —…
-
Chancellor heads to China in search of growth amid surging borrowing costs
•
Rachel Reeves said that Britain has “absolutely no choice” but to deal with China, as it seeks to support economic growth against the backdrop of high borrowing costs and unstable financial markets. The advisor arrived in Beijing to finalize new trade and investment commitments worth £600 million over five years,…
-
China two-year yield eyes fall below 1.00%
•
Written by Jamie MacGyver (Reuters) – A look at the day ahead in Asian markets. The first full trading week of 2025 kicks off in Asia on Monday with a sharp decline in Chinese currency and bond yields, an increasingly tense and volatile political situation in South Korea, and a…
-
Investors Shift Focus to India, Japan as China Slows: Report
•
Investors shift focus to India and Japan as China slows worldwide Emerging markets China is witnessing a radical shift in investment flows, with both institutions and individual investors adjusting their allocations away from China and towards markets such as India and Japan, according to a recent report by Franklin Templeton.…
-
An underground detector in China will sniff out mysterious ghost particles called neutrinos
•
Breadcrumb links PMN BMN Business Article writer: Associated Press Adithi Ramakrishnan Wong Han Guan Posted on December 17, 2024 • Last updated 10 minutes ago • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content CAIPING,…
-
China May Be On the Verge of Ending Its Bitcoin Ban
•
Look, I think it’s only a matter of time before China does a complete 180 on its Bitcoin ban. Yes, they banned trading and mining in 2021, but honestly, a lot has changed since then – especially this year. Bitcoin’s momentum globally has been crazy. We have seen US President-elect…
-
2024 bull run in home stretch, China ‘data dump’ eyed
•
Written by Jamie MacGyver (Reuters) – A look at the day ahead in Asian markets. Asia begins the final full trading week of 2024 with the monthly ‘China data dump’ falling on Monday, and with investors leaning towards keeping the stock market uptrend going as central banks around the world…
-
China inflation eyed, global political uncertainty bubbling up
•
Written by Jamie MacGyver (Reuters) – A look at the day ahead in Asian markets. Attention turns to China on Monday and the release of November inflation data, with global investors broadly optimistic as a sustained rally on Wall Street continues but is tempered by an increasingly volatile geopolitical backdrop.…
-
U.S. preps China chip curbs that stop short of early proposals
•
The Biden administration is considering additional restrictions on sales of semiconductor equipment and AI memory chips to China, which would escalate the US crackdown on Beijing’s technology ambitions, but stops short of some of the tougher measures previously considered, according to people. Informed about the matter. The people, who confirmed…
-
LVMH’s Hennessy plan to trial bottling in China and bypass tariffs sparks hundreds protesting on home turf
•
Hundreds of employees of French cognac maker Hennessy, part of luxury conglomerate LVMH’s empire, went on strike Tuesday in protest against measures the brand plans to use to circumvent Chinese tariffs imposed in a row with the European Union. French unions CGT and FO said that between 500 and 600…
-
LVMH’s Hennessy plan to trial bottling in China and bypass tariffs sparks hundreds protesting on home turf
•
Hundreds of employees of French cognac maker Hennessy, part of luxury conglomerate LVMH’s empire, went on strike Tuesday in protest against measures the brand plans to use to circumvent Chinese tariffs imposed in a row with the European Union. French unions CGT and FO said that between 500 and 600…
-
Asian Stocks Fall as China Support Disappoints: Markets Wrap
•
(Bloomberg) — Asian stocks fell after China’s planned debt swap program appeared inadequate to some investors and data showed continuing deflationary pressures. Most read from Bloomberg The region’s stock index fell more than 1% on Monday, with Hong Kong and mainland Chinese stocks falling in early trading. Standards have also…
-
California farmers enjoy pistachio boom, with much of it headed to China
•
Breadcrumb links PMN BMN Business Article writer: Associated Press Amy Taxin Posted on November 10, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content LOST HILLS, Calif. (AP) — In a sprawling factory in…
-
California farmers enjoy pistachio boom, with much of it headed to China
•
Breadcrumb links PMN BMN Business Article writer: Associated Press Amy Taxin Posted on November 10, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content LOST HILLS, Calif. (AP) — In a sprawling factory in…
-
Exclusive-US ordered TSMC to halt shipments to China of chips used in AI applications, source says
•
By Karen Freifeld and Fanny Botkin NEW YORK/SINGAPORE (Reuters) – The United States ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications as of Monday, according to a person familiar with the matter. The Commerce Department sent…
-
Asian Stocks Echo US Gains as Focus Turns to China: Markets Wrap
•
(Bloomberg) — Asian stocks rose after U.S. stocks, bonds and commodities rose as the Federal Reserve cut interest rates. Most read from Bloomberg Australian, South Korean and Chinese shares all advanced, supporting a second day of gains for the region-wide equity gauge. That was after the S&P 500 rose 0.7%…
-
Asian shares are mostly higher as China begins major economic meeting
•
Stocks rose mostly in Asia on Monday as Chinese leaders began a major meeting expected to make new pledges to help the world’s second-largest economy. Oil prices rose more than a dollar a barrel after Oil producing countries in OPEC+ They said they would extend production cuts until the end…
-
Aston Martin bleeding £1m a day as supply chain issues and china demand slump hit targets
•
Aston Martin Lagonda, the only British carmaker listed on the London Stock Exchange, is facing major financial setbacks, failing to meet all 2024 targets such as production cuts, supply chain issues, and a sharp decline in performance due to the impact of Chinese demand. The luxury carmaker, led by new…