China Finance

Explainer: A Chinese spy ship is due to dock in Sri Lanka’s port on August 16 – here’s why India is watching closely

A Chinese ballistic missile and satellite tracking vessel will dock at the port of Hambantota on the southern coast of Sri Lanka for a week starting August 16, PTI reported on Saturday (August 13), citing sources. Sri Lanka, which had previously asked China to postpone the arrival of the high-tech …

Read More »

Live Updates: US Wholesale Inflation Eases Slightly in July on Lower Gasoline Costs

New jobless claimants in the United States rose last week to the highest number of claims since November, hinting at a cooling in the labor market. There were 262,000 initial jobless claims on a seasonally adjusted basis in the week to Aug. 6, according to U.S. Labor Department data released …

Read More »

Bridgewater fends off Chinese ‘All Weather’ copycats

SHANGHAI/NEW YORK, Aug 8 (Reuters) – Billionaire hedge fund manager Ray Dalio’s huge popularity in China has not only attracted local investors to his funds, but also spawned local challengers using his strategy and brand.” All Weather” to try and beat him at his own game. Now the Connecticut-based hedge …

Read More »

China defends its role in African finance after US comments on ‘debt trap’

As the United States steps up diplomatic efforts in Africa ahead of a leaders’ summit in December, China pushes back on allegations of Chinese ‘debt traps’ for African nations made by Linda Thomas-Greenfield, the US ambassador to the United Nations , during its African Food Security Tour. Thomas-Greenfield, who ended …

Read More »

US climate bill welcomed internationally but still criticized for not going far enough

US officials hope this will put them in a better position for the tough negotiations ahead: the international climate talks in Egypt this fall. Kerry and Biden now have billions in legislative clean energy investments to brag about when they head to COP27 in November, which U.S. lawmakers and experts …

Read More »

Political support essential for China’s economic and financial recovery

According to the latest statistics from the People’s Bank of China (PBoC), monetary and financial data showed a return to growth in June. At the end of June, the broad money (M2) balance was RMB 258.15 trillion, an increase of 11.4% year-on-year, and the growth rate was 0.3 and 2.8 …

Read More »

Chinese investors: the SECP launches the “WeChat service” – Business & Finance

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) becomes the very first regulator and public sector organization to activate the WeChat service. The WeChat service will help Chinese investors make informed investment decisions and easily incorporate businesses in Pakistan. Through WeChat, users can instantly get information from SECP staff …

Read More »

Hong Kong falls into second recession in 3 years as coronavirus restrictions sting

Hong Kong’s economy has slipped into its second recession in three years as tough Covid-19 restrictions have damaged the Chinese territory’s reputation as an international financial hub. Official data released on Monday showed the city’s gross domestic product contracted 1.4% in the second quarter of 2022, after falling 3.9% in …

Read More »

Emerging markets hit by record slew of foreign investor withdrawals

Foreign investors have withdrawn funds from emerging markets for five consecutive months in the longest streak of withdrawals on record, underscoring how recession fears and rising interest rates are rocking developing economies. Cross-border outflows by international investors in emerging market stocks and domestic bonds reached $10.5 billion this month, according …

Read More »

Evergrande, in debt, seeks to sell its headquarters in Hong Kong – Business & Finance

HONG KONG: Struggling Chinese property developer Evergrande has found a potential buyer for its Hong Kong headquarters, reported Thursday days before the expected announcement of the company’s long-awaited restructuring plans. CK Asset Holdings, founded by Hong Kong billionaire Li Ka-shing, said it has submitted a tender for the 26-storey building, …

Read More »

Luxury group LVMH exceeds expectations despite slowing sales in China

A logo of LVMH is seen in its exhibition space, during the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier Join now for FREE unlimited access to Reuters.com Register PARIS, July 26 (Reuters) – Luxury …

Read More »

Live updates: China’s Covid-19 cases ease as Hong Kong issues pre-flight health declaration

Let the games begin. No, not the acrimonious tussle between the last two candidates in the Conservative Party leadership election – although you can watch that on the BBC on Monday. This week marks the start of the Commonwealth Games in the UK’s second largest city, Birmingham. The opening day …

Read More »

UPDATE 2-Chinese Xinjiang warns of further flooding, cotton crop risk amid heat waves

(Adds details of temperatures reaching 45.8C in Turpan, new record in Taizhou) SHANGHAI, July 23 (Reuters) – China’s Xinjiang province on Saturday warned of more flash floods and landslides and risks to agriculture as heatwaves swept through the region, accelerating the pace of melting ice cream and posing risks to …

Read More »

Britain must strengthen its defenses against militarized finance

The author is head of the Center for Financial Crime and Security Studies at the Royal United Services Institute think tank. When Russian troops massed on the Ukrainian border late last year, Western leaders warned that an invasion would have massive economic consequences for the Kremlin. When these attempts at …

Read More »

Multi-family office manager predicts China setback by foreign banks

An executive at independent wealth manager Rockefeller Capital Management reportedly said geopolitical challenges and the pandemic in China will impact the expansion trajectory of foreign financial firms. “There will be a lot more caution in terms of the level of capital investment and the aggressiveness of the growth strategy,” said …

Read More »

China says it is open to ‘negotiating’ railway projects with the Philippines

ISTANBUL China said on Monday it welcomes the Philippines to “negotiate cooperation on railway projects” as Manila seeks to discuss any potential financial deal with Beijing on infrastructure construction. “China will continue its infrastructure cooperation with the Philippines to build more benchmark projects there,” Foreign Ministry spokesperson Wang Wenbin said …

Read More »

73% of Global Alternative Finance Market Growth will come from APAC, Market Representation, Actual Estimates, Historical Data, Forecast Period 2021-2025 with Dominating Sectors and Country Data

NEW YORK, July 15, 2022 /PRNewswire/ — The Alternative financial market is part of the world the specialized consumer services industry. The global specialist consumer service market was valued at $4,388.46 billion in 2020. The global alternative finance market was a fragmented industry which was in an innovation stage in …

Read More »

Shortage of imports leads to record Chinese surplus

The continued impact of Covid infections and lockdowns helped China post a record trade surplus of nearly $100 billion in June, exports improved but imports barely budged. Exports jumped 17.9%, but imports could only manage a 1% rise for the month and that was once again the real story for …

Read More »

Live Updates: Rishi Sunak wins backing from Dominic Raab and Grant Shapps

Petropavlovsk, headquartered in Moscow, mines gold in the Russian Far East © AFP via Getty Images Trading in Petropavlovsk shares has been suspended after the indebted Russian gold producer said it would file for administration with the High Court in London. The London-listed miner was plunged into crisis earlier this …

Read More »

Chinese bank depositors face police in angry protest | Business and finance

BEIJING (AP) — A large crowd of angry Chinese bank depositors clashed with police on Sunday, some manhandled during their abduction, in a case that has drawn attention due to previous attempts use a COVID-19 tracking app to prevent them from mobilizing. Hundreds of people held banners and chanted slogans …

Read More »

Blinken meets China’s Wang after leading pressure efforts on Russia

By David Brunnström NUSA DUA, Indonesia, July 9 (Reuters) – U.S. Secretary of State Antony Blinken meets Chinese Foreign Minister Wang Yi in Bali on Saturday after a G20 ministerial meeting on the Indonesian island where the top U.S. diplomat led talks efforts to pressure Russia over its war in …

Read More »

How grassroots practice enriches Chinese governance

BEIJING, July 7, 2022 /PRNewswire/ — An ancient Chinese saying goes, “True knowledge comes only from practice in the field.” As a grassroots political leader, Chinese President Xi Jinping has practiced his people-centered governance with improved effectiveness over decades of working at the grassroots level. In the early 1990s, economic …

Read More »

Ascending FOREX-Aussie before RBA; yen under pressure from rising US yields

By Kevin Buckland TOKYO, July 5 (Reuters) – The Australian dollar rose on Tuesday ahead of an expected half-point hike in the Reserve Bank’s key rate, while the yen slid against the greenback amid higher yields on the US Treasury. The Australian and New Zealand dollars were also supported by …

Read More »

Mango Diplomacy: When Nehru offered Dasheri, Langra sprouts to Zhou Enlai

When he met the G-7 leaders at their recent summit in Germany, Prime Minister Narendra Modi presented them with pieces of arts and crafts from various parts of the country. The tradition of exchanging and returning gifts between world leaders has always been an important feature of global diplomacy. One …

Read More »

Chinese tech giants promise NFTs without speculation

The future of non-fungible tokens is becoming clearer in China as the country’s tech giants come together to formulate standards for the fledgling industry. China Cultural Industry Association, with Tencent, Ant Group, Baidu and others jointly Published a “self-disciplined development proposal” for the “digital collectibles industry”, a renowned term for …

Read More »

UPDATE 1-China’s central bank to accelerate policy implementation to boost growth

(Add details, quotes) BEIJING, June 29 (Reuters) – China’s central bank said on Wednesday it would step up the implementation of prudent monetary policy and maintain reasonably ample liquidity, in a bid to support a slowing economy. The People’s Bank of China (PBOC), in a statement after the conclusion of …

Read More »

Latest news on the Russian-Ukrainian war: live updates

The headquarters of the Russian Central Bank in Moscow. Bank manager Elvira Nabiullina said there would be no immediate consequences in the event of a default.Credit…Maxim Shemetov/Reuters Russia on Sunday missed a deadline to make bond payments, a move signaling its first default on international debt in more than a …

Read More »

China asks foreign business leaders how to revive Hong Kong in rare move

(Bloomberg) – China asked foreign chambers of commerce in Hong Kong how to revive the isolated financial hub’s economy in unprecedented listening sessions weeks before new leader John Lee took office, according to multiple people. close to the file. Bloomberg’s Most Read The Liaison Office, Beijing’s main body overseeing Hong …

Read More »

US tariffs on China give negotiating leverage, says trade chief

(Bloomberg) – U.S. tariffs on more than $300 billion in annual imports from China provide significant leverage and are helpful from a negotiating perspective, President Joe Biden’s trade chief says amid a debate within his administration over whether to keep the rights in place. Bloomberg’s Most Read “Chinese tariffs are, …

Read More »

‘Diablo Immortal’ delayed indefinitely in China just before its scheduled release date

was supposed to debut in China on June 23, but those waiting for the game in the country will have to wait longer. NetEase, which co-developed the game with Blizzard, has pushed back the release date indefinitely. This that “the development team is making a number of optimization adjustments”. However, …

Read More »

Businesses in China reel under zero-Covid pressure

Fiona Shi has lost her job twice during the pandemic – first, in 2020 when Covid ravaged the travel industry, then this year as China’s tough virus controls hammered businesses in the world’s second-largest economy. China is the latest major economy welded to a zero Covid strategy – putting businesses …

Read More »

What it would take for Jack Ma’s Ant to restart an IPO

Placeholder while loading article actions Two years ago, Chinese regulators torpedoed Ant Group Co.’s record initial public offering, sending shockwaves through global financial markets. New rules have been imposed on the fintech giant, which does business ranging from consumer lending to wealth management to online payments. The result is that …

Read More »

Oil prices are stabilizing on fears of the Fed and the oil profits tax

An aerial view shows an oil plant of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Picture taken November 12, 2021. Mandatory Credit Kyodo/via REUTERS Join now for FREE unlimited access to Reuters.com Register June 14 (Reuters) – Oil prices …

Read More »

Live Updates: Sanofi-GSK Announces ‘Positive’ Covid Booster Results

Prepare to remember past scandals and war, which still resonate today. Tuesday is the fifth anniversary of the fire that engulfed Grenfell Tower in west London, revealing gaps in the building’s cladding and triggering a crisis for apartment owners across the UK that continues to generate repercussions. It is also …

Read More »

China is becoming more ‘coercive and aggressive’

By Idrees Ali SINGAPORE, June 11 (Reuters) – The United States will do its part to manage tensions with China and prevent conflict even as Beijing grows increasingly aggressive in the Asian region, including near Taiwan, the government said on Saturday. US Secretary of Defense Lloyd Austin. Relations between China …

Read More »

Credit Suisse CEO calls State Street takeover questions ‘really dumb’

ZURICH, June 9 (Reuters) – Credit Suisse (CSGN.S) chief executive Thomas Gottstein on Thursday called questions about a potential bid for U.S. financial giant State Street (STT.N) “really stupid” , closing the questions after a media inquiry. report on the matter sent shares briefly higher the previous day. Read more …

Read More »

June 7 live updates: Zelensky says standoff with Russia ‘not an option’, Yellen urges Congress to step up fight against inflation

The Reserve Bank of Australia raised interest rates by 50 basis points, aiming to rein in runaway inflation with an increase that beat forecasts. The decision to raise the policy rate to 85 basis points demonstrates a more aggressive stance on the part of the central bank on inflation after …

Read More »

Chinese group Ant launches digital bank ANEXT in Singapore

A man walks past an Ant Group logo during the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 8, 2021. REUTERS/Yilei Sun/File Photo Join now for FREE unlimited access to Reuters.com Register BEIJING, June 6 (Reuters) – China’s Ant Group, a financial technology (fintech) giant controlled by billionaire Jack …

Read More »

Hope blooms for Chinese stocks as analysts stop cutting estimates

(Bloomberg) — A stabilization in earnings forecasts adds to optimism that the worst may be over for struggling Chinese stocks. Bloomberg’s Most Read Analysts have stopped cutting estimates for members of MSCI China, after cutting them by 10% since early March, according to data compiled by Bloomberg. Goldman Sachs Group …

Read More »

Personal loans bring total lending by Saudi financial firms to $19 billion in first quarter

Riyadh: Amid a likely increase in retail spending, more Saudis took to personal loans in the first three months of 2022 as the Kingdom continues to recover from the aftermath of the pandemic. According to the latest figures from the Central Bank of Saudi Arabia, total lending by Saudi finance …

Read More »

Chinese companies in yuan – Business and finance

SHANGHAI (Reuters) – The Chinese yuan strengthened against a falling dollar on Friday, after swinging sharply between gains and losses, and was forecast for a weekly decline against the greenback, new data underscoring the challenges facing the country’s economy is facing. The global dollar index extended its slide from a …

Read More »

Embracing Win-Win Cooperation – ASEAN Consul Generals, Officials and Chambers of Commerce Representatives from Guangzhou Visited Biosyngen

GUANGZHOU, China, May 28, 2022 /PRNewswire/ — The morning of May 27, 2022Mr. Loh Tuck KeatConsul General of Singapore in Cantonand representatives of consulates general and chambers of commerce of eight countries, namely Malaysia, Philippines, Laos, Vietnam, Indonesia, Thailand and Cambodia, visited Guangzhou China-Singapore Knowledge City (CSGKC) and inspected Singapore …

Read More »

Shanghai, hit by COVID, heads for exit from lockdown, but China still lost in economic gloom

Shanghai set to lift COVID-19 lockdown on June 1 Government officials express concern about the broader economy Analysts expect more aggressive economic support soon BEIJING, May 26 (Reuters) – Shanghai, China’s pandemic-hit financial hub, unveiled further post-lockdown plans on Thursday as it heads for a return to normal, but economic …

Read More »

PSD2 and Financial Software Solutions Market Size and Forecast

New Jersey, United States – PSD2 and financial software solutions market The 2022-2029 report has been prepared based on an in-depth market analysis with input from industry experts. The PSD2 and Finance Software Solutions Market study sheds light on the significant growth momentum that is expected to prevail during the …

Read More »

Two Strong Hands – The Wire China

By Chang-Tai Hsieh — May 22, 2022 Over the past two years, China has cracked down on some of its most successful companies, including Alibaba, Tencent, Didi and Meituan-Dianping. Beginning in 2018, authorities also restructured many of China’s largest conglomerates such as Wanda and Evergrande Groups. The conclusion many have …

Read More »

The S&P 500 recovers from a bear market | Financial market news

A sell-off earlier sent the S&P 500 down more than 20% from a January closing high, meeting the common definition of a bear market. By Stephen Kirkland and Vildana HajricBloomberg Posted May 20, 2022May 20, 2022 A dramatic late-session rally brought the S&P 500 back to the brink of a …

Read More »

Yellen: It is not legal for the US to seize official Russian assets

BONN, Germany, May 18 (Reuters) – The United States does not have the legal authority to seize Russian central bank assets frozen due to its invasion of Ukraine, Treasury Secretary Janet Yellen said on Wednesday. , but are discussing with US partners ways to make Russia foot the bill for …

Read More »

Russian sanctions act as a “nuclear weapon” on global finance

Live Updates: Follow the latest news on Russia-Ukraine The West’s sanctions shootout against Russia after its invasion of Ukraine has been compared to the detonation of a “nuclear weapon” by a prominent economist. Speaking at an investment summit in London, Dr Mohamed El Erian, chief economic adviser at Allianz, said …

Read More »

World hedges from stockpile chaos in oil, utilities and China

(Bloomberg) – Optimism may be rare for equity investors caught in the downdraft of volatile global markets, but pockets of refuge are emerging. Bloomberg’s Most Read From banks benefiting from interest rate hikes to stocks offering high dividend yields and cheap valuations, portfolio managers and strategists are finding areas of …

Read More »

AU Small Finance Bank, Tata Elxsi and Adani Power soar on MSCI

Shares of AU Small Finance Bank (SFB), Tata Elxsi and Adani Power surged on Friday after index provider MSCI included them in its global index. From the Asia-Pacific region, MSCI added 48 stocks and removed 76, with the most changes in China. India saw four additions and one …

Read More »

What Marcos’ presidency means for U.S.-China relations

A landslide victory is on the cards for the Philippines’ Ferdinand “BongBong” Marcos Jr., seen here at his campaign headquarters in Mandaluyong City, Manila on Monday. Veejay Villafranca/Bloomberg via Getty Images It seems almost certain that Ferdinand Marcos Jr., the late dictator’s namesake son, will become the Philippines’ next president. …

Read More »

China Elderly Care Industry Report 2022-2027

ReportLinker In April 2022, the State Council issued a guideline on promoting the development of the private pension system, which is recognized as an important supplement to the country’s existing pension system. New York, May 10, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of “China Aged Care Industry Report, 2022-2027” …

Read More »

Why Elon Musk’s takeover of Twitter could benefit China

Tesla is the first foreign automaker to open an independent factory in China, called Gigafactory 3, in 2019. (Source: Reuters) Elon Musk and China share a mutually beneficial but complicated business relationship. After the billionaire took over Twitter, concerns about how the Musk-China affair could benefit the country began to …

Read More »

China (mainland) may take steps to limit the impact of US financial weapons

The weaponization of the US dollar against Russia after its invasion of Ukraine has raised hopes that Beijing will step up its de-dollarization efforts, to protect itself against similar financial sanctions that Washington could roll out against (mainland) China. While the Chinese renminbi (RMB) is unlikely to soon dethrone …

Read More »

Live news: HSBC shares climb after China’s Ping An calls for breakup

BNP Paribas reported better-than-expected first-quarter revenue and net profit, boosted by higher trading revenue after a push to expand its investment bank. France’s biggest listed lender has stuck to its financial targets through 2025, despite slowing economic growth in its home market and spillovers to the eurozone from Russia’s invasion …

Read More »

As Beijing tightens COVID restrictions, hard-hit Shanghai sees signs of life

Beijing’s COVID outbreak enters 10th day Shanghai reports 2nd day of zero cases outside quarantine areas Shanghai begins easing restrictions in some areas BEIJING/SHANGHAI, May 1 (Reuters) – China’s capital Beijing tightened COVID restrictions on Sunday as it battled an outbreak, while Shanghai let more of its 25 million people …

Read More »

China expands yuan pilot program to cover tax, social security contributions

2022 kicked off with a major leap forward for the e-CNY – also known as the digital yuan, as Chinese authorities expanded the range of utilities included in its pilot project. Three cities in Zhejiang province – located just south of Shanghai – have started experimenting with digital RMB to …

Read More »

Major Currencies Fall As Dollar Climbs Above 130 Yen And Euro Breaks Above $1.05

Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100 yuan banknotes are seen in this illustration, in Beijing, China January 21, 2016. REUTERS/Jason Lee Join now for FREE unlimited access to Reuters.com Register SYDNEY, April 28 (Reuters) – The dollar rose above the psychological level of …

Read More »

Effie Greater China launches Globalization Awards with Shoplazza

New York, New York–(Newsfile Corp. – April 26, 2022) – In 2022, the Effie Globalization Awards were launched, with Shoplazza as an Outstanding Partner. The awards aim to recognize prestigious and influential achievements in the field of global marketing. Effie Prize for Globalization To view an enhanced version of this …

Read More »

Measuring and Mis-Measuring China’s Scientific Rise

By Richard Yarrow — April 24, 2022 Chinese leaders say science, technology and innovation will make China strong, and they have spent huge sums to recruit scientists and build new research facilities. At the same time, the West is receiving a growing number of reports about China’s rise in science …

Read More »

Business News | Stock and Stock Market News | Financial news

Search mutual fund quotes, news, net asset values Adani Wilmar INE699H01024, PUNCH, 543458 Addiction INE002A01018, TRUST, 500325 Infosys INE009A01021, INFY, 500209 HDFC Bank INE040A01034, HDFCBANK, 500180 Tata Power INE245A01021, TATAPOWER, 500400 …

Read More »

TopEdit and Turnitin Partner to Support the Integrity of Research Publications in China

TopEdit, a provider of academic editing and publication support services for Chinese scholars, becomes an official partner of Turnitin’s plagiarism prevention service, iThenticate, in China. SHANGHAI, April 19, 2022 /PRNewswire/ — Today, TopEdit—a provider of academic editing and publication support services for scholars in China—and Turnitin– a global provider of …

Read More »

JD Vance, the latest candidate to win Trump’s endorsement

JD Vance has become the latest candidate to win Donald Trump’s coveted endorsement in a Republican primary this year. Vance, who dragged in the crowded Ohio Senate race, joined more than 130 candidates Trump is betting as a test of his continued influence in GOP politics. The author had previously …

Read More »

EXPLAINER-What the political upheaval in Pakistan means for the rest of the world

By Jonathan Landay and Gibran Naiyyar Peshimam WASHINGTON/ISLAMABAD, April 10 (Reuters) – Pakistani Prime Minister Imran Khan was ousted in a vote of no confidence in parliament on Sunday morning after three years and seven months in office. A new government is likely to be formed under opposition leader Shehbaz …

Read More »

Chinese students from the University of Nottingham Ningbo win international award for cutting-edge design

NINGBO, China, April 08, 2022–(BUSINESS WIRE)–With an aging population and changing socio-economic background, the traditional Chinese family support system for the elderly has become more difficult. Students at the University of Nottingham Ningbo in China have designed cutting-edge wearable technology to monitor and record health data, enabling the best possible …

Read More »

Germany warns of overreliance on trade with China

FRANKFURT (Reuters) – German Finance Minister Christian Lindner on Wednesday (April 6th) expressed concern about his country’s heavy reliance on trade with China, saying Europe’s biggest economy needed to “diversify” its export destinations . “My concern is that…we have a strong economic interconnection with China,” Lindner said in an interview …

Read More »

California coronavirus updates: Grand jury finds Sacramento County Council undermined public health response during pandemic

Find an updated number of COVID-19 cases in California and by county on our tracker here. Latest updates Grand jury finds Sacramento County Council undermined public health response during pandemic Biden administration greenlights another COVID-19 reminder for people 50 and older COVID-19 hospitalizations in the United States have fallen to …

Read More »

War in Ukraine puts pressure on European farmers

Jack Ronan’s farm is one of the 10 largest in Ireland. But with the war in Ukraine driving up feed prices, he has begun to consider slaughtering his herd for the first time since his family started farming in County Tipperary three generations ago. The cost of feed, fertilizer and …

Read More »

China’s March factory activity likely dwindled amid virus outbreaks

An employee works at an electric cable factory in Baoying, Jiangsu province July 23, 2006. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register BEIJING, March 30 (Reuters) – Chinese factory activity likely declined in March, a Reuters poll shows, as the country imposed more mass testing and …

Read More »

China worries war-blinded ESG managers in Russia

(Bloomberg) – Caught off guard by Russia’s war on Ukraine, fund managers who are paid to avoid environmental, social and governance risks have begun to look at China with a new sense of unease. Bloomberg’s Most Read Their exposure to China is enormous. Pure ESG funds domiciled in Europe alone …

Read More »

China Construction Industry Report 2021-2025: The industry will register an average annual growth of 4.4%, 2022-2025, supported by investments in capital projects in the transport and construction sectors. ‘energy

DUBLIN, March 25, 2022–(BUSINESS WIRE)–The “Construction in China – Key Trends and Opportunities to 2025 (Q4 2021)” report has been added to from ResearchAndMarkets.com offer. The report revised China’s construction industry’s estimated growth in 2021 down, with the industry now expected to grow 4% in real terms this year, down …

Read More »

Guerbet: 2021 annual results

GUERBET 2021 annual results > +2.8% at current exchange rates (€732.1m) > +7.9% at constant exchange rates and at constant perimeter (at constant perimeter1) > EBITDA margin2 above expectations: 14.4% to €105.1m compared to 14.1% in 2020 > Sharp increase in net income to €32.6m (compared to €18.2m in 2020) …

Read More »

US unexpectedly announces new sanctions against China

US authorities unexpectedly announced sanctions against Chinese officials over human rights issues in Xinjiang, Tibet and Hong Kong at the height of Washington’s efforts to convince Beijing not to support Moscow in the invasion of Ukraine. The United States issued an announcement seeking to impose more visa restrictions on Chinese …

Read More »

Could the Guinean junta derail China’s plans to wean itself off Australian iron ore?

When The Guinean army overthrew President Alpha Condé in a September 5 coup, he assured mining companies that they would be allowed to continue operating. The military junta promised that “existing regulations, contracts and investments will be respected”. But last week the junta suspended operations at the Simandou iron ore …

Read More »

Last war in Ukraine: Zelensky pleads with Biden for a no-fly zone or fighter jets

Boris Johnson, the British Prime Minister, began a day-long visit to the energy powers of the United Arab Emirates and Saudi Arabia on Wednesday, exploring “other potential measures to increase oil production”. He said he was trying to build an international coalition to deal with the consequences of Vladimir Putin’s …

Read More »

FinVolution Group Announces Dividend of US$0.205 per American Depositary Share, Representing Approximately 15% of Fiscal 2021 Net Income Payout Ratio

Dividend declaration for the fourth consecutive year SHANGHAI, March 14, 2022 /PRNewswire/ — FinVolution Group (“FinVolution” or the “Company”) (NYSE: FINV), a leading fintech platform, today announced that its Board of Directors (the “Board”) has approved the declaration of a cash dividend of $0.205 per American Depositary Share, which represents …

Read More »

Decentralized finance as a new accelerator of globalization

Those who have studied history well may remember the city-states of medieval Europe. Back then, caravans of merchants traveled from one city-state to another, bringing luxuries and news from distant places. It is this way of life that allowed these traders to have freedom of mobility and choice. It is …

Read More »

Last war in Ukraine: Kiev asks for security guarantees from the United States, Europe and Russia

Ukraine is asking for security guarantees from the United States, European countries and Moscow as part of a possible settlement after the Russian invasion, a government adviser has said. Kiev has acknowledged that its long-term goal of joining NATO’s military alliance is distant due to Kremlin opposition, and is instead …

Read More »

Principle or pragmatism? Big brands are leaving Russia

This article is an on-site version of our The Road to Recovery newsletter. register here to receive the newsletter directly in your inbox three times a week Good evening, McDonald’s, Coca-Cola, PepsiCo, Starbucks, Unilever: The list of mainstream brands leaving Russia has accelerated in recent days, joining what a Yale …

Read More »

How the war in Ukraine could boost China’s global financial ambitions

Sanctions imposed in response to Russian President Vladimir Putin’s invasion of Ukraine dealt a devastating blow to his country’s financial system and left the ruble down more than 30% this year, causing currency repercussions from Eastern Europe. But the renminbi, the currency of Russia’s closest strategic ally and main trading …

Read More »

Russia’s invasion of Ukraine could change the global economic game

But the long-term consequences of the war could be deeper. Even before Russian President Vladimir Putin sent tanks and missiles to Ukraine, years of deteriorating US-China relations and failed global trade talks had blocked closer integration of financial and trade flows. that had been anticipated at the height of globalization. …

Read More »

Chinese stocks fall amid geopolitical tensions; focus on the parliamentary meeting

SHANGHAI, March 4 (Reuters) – Chinese stocks fell on Friday amid geopolitical tensions and concerns over the property market, with investors nervously watching for hints of an easing of measures at the next congressional meeting. The CSI300 index (.CSI300) fell 0.9% to 4,509.53 at the end of the morning session, …

Read More »

China moves to secure war-shattered commodities in Ukraine

(Bloomberg) – Senior Chinese government officials have issued an order to prioritize the security of energy and raw material supplies, prompted by concerns over disruptions resulting from the war between Ukraine and Russia. Bloomberg’s Most Read Government agencies, including the country’s main economic planning body – the National Development and …

Read More »

Russia doubles interest rates after sanctions drive down ruble

Russia’s central bank more than doubled interest rates on Monday in a bid to stabilize the country’s financial markets, after unprecedented Western sanctions sent the ruble down as much as 29%. The central bank raised its main interest rate to 20% from 9.5% in an emergency decision, saying “the external …

Read More »

China’s real estate market is expected to rebound this year

By Liangping Gao and Ryan Woo BEIJING (Reuters) – Shaken by a shortage of cash among developers, China’s property market is expected to remain weak in the first half of 2022 before rebounding later in the year as policies aimed at encouraging buyers help restore sentiment, according to a Reuters …

Read More »

US Treasury official details Russia sanctions

Western leaders are warning that Russia has set in motion its plan to launch a full invasion of Ukraine, while announcing the first round of sanctions against Moscow. President Joe Biden described the unfolding events in Ukraine as “the start of a Russian invasion”, as he unveiled tough new measures …

Read More »

COLUMN-Surge in electric vehicle battery demand supercharges nickel: Andy Home

By Andy Home LONDON, Feb 21 (Reuters) – Nickel hit its highest level in more than a decade on Monday morning. The London Metal Exchange (LME) three-month nickel broke January’s high of $24,435 a tonne to hit $24,610, a level last traded in 2011. Time spreads remain in the grip …

Read More »

China plans to feed 80 million people with ‘seawater rice’

(Bloomberg) — Bloomberg’s Most Read Jinghai District in northern China is not a rice-growing paradise. Located along the coast of the Bohai Sea, more than half of the region’s land consists of saline and alkaline soils where crops cannot survive. Yet last fall, Jinghai produced 100 hectares of rice. The …

Read More »

Freestyle Skiing – China’s Gu wins second gold by winning women’s halfpipe

ZHANGJIAKOU, China, Feb 18 (Reuters) – China’s Eileen Gu won the freestyle skiing women’s halfpipe final on Friday, claiming her second gold medal at the Beijing Olympics. Gu, who competed on Team USA when she was younger but moved on to compete for China in 2019, was in charge of …

Read More »

China Automotive DMS (Driver Monitoring System) Market Report 2021 with 18 Chinese Suppliers and 19 International Suppliers

DUBLIN, February 16, 2022 /PRNewswire/ — The “China Automotive DMS (Driver Monitoring System) Research Report 2021” report has been added to from ResearchAndMarkets.com offer. Research and Markets Logo Automotive DMS research: DMS installations jumped 244% like-for-like in the first nine months of 2021. Data from this publisher shows that in …

Read More »