Text size Dreamstime U.S. investors eager to trade after the holiday weekend will have plenty of news to digest, thanks to corporate earnings. More than 100 companies are slated to report this week—an...
Tag: China
Global Investors Flee China Fearing That Risks Eclipse Rewards
(Bloomberg) — A growing list of risks is turning China into a potential quagmire for global investors. Most Read from Bloomberg The central question is what could happen in a country willing to ...
U.S. Futures Dip as Oil, Gas Rise; China Data Loom: Markets Wrap
(Bloomberg) — Asian stocks look set for a muted open Monday before Chinese economic data that may shed light on the impact of Covid lockdowns. Natural gas and oil prices rose on risks stemming f...
India, China Pharmaceutical Companies Face Increasing Scrutiny In Washington
An advocacy group for local generic drug manufacturers, called the Americans for Safe Drugs, says … [+] most people want their essential medicines made here. And foreign labs giving FDA warnings...
Another China Lockdown Threatens This Apple Product
As electric vehicle maker Tesla (TSLA) – Get Tesla Inc Report is preparing to resume operations at its Gigafactory Shanghai after shutting down since March 28 for a Covid-19 lockdown, tech gian...
Tesla Could Reopen Its Shanghai Factory Next Week: Report
Text size An aerial view of Tesla’s Shanghai factory, which closed in late March due to rising cases. Xiaolu Chu/Getty Images Tesla might be reopening its most productive facility earlier than i...
Shanghai by the numbers: China’s Covid lockdowns
The Huangpu River splits the Chinese city of Shanghai between the older settlement on the west and the newer, financial center on the east. Johannes Eisele | Afp | Getty Images China’s latest wa...
Don’t Let China Become The New Forever War
The crisis in Ukraine was high on many people’s list of concerns when the Pentagon released its Fiscal Year 2023 budget request on March 31. But while Pentagon briefers of course mentioned the Russian...
Mainland China Stock Market Falls, PBoC Leaves Interest Rates Unchanged
Mainland China stock market felt the impact of a renewed Covid outbreak in the region, while the central bank refrained from cutting interest rates. Mainland China stock market, as well as stocks in m...
China vows ‘necessary measures’ to defend investors amid Western pressure to take sides in Russia-Ukraine war
China hit back at Western pressure to choose a side in the prolonged Russia-Ukraine war, with Beijing insisting it will take “necessary measures” to defend the legitimate interest of Chine...
Hong Kong Stock Exchange Closes For Good Friday, Easter Holidays
A man walks past a bank’s electronic board showing the Hong Kong share index at Hong Kong Stock … [+] Exchange Thursday, April 7, 2022. (AP Photo/Vincent Yu) ASSOCIATED PRESS The Hong Kong...
Here Are New Shortages You Might See Soon
An aerial view of shipping containers stacked at Yangshan Deepwater Port, the world’s biggest … [+] automated container terminal, in Shanghai. The United States is dependent on a number of...
China’s Tech Leaders Warn Of Widespread Production Halt If Shanghai Lockdown Continues
Richard Yu, chief executive officer of the consumer business at Huawei Technologies, talks about the Huawei Mate 30 smartphone in Munich, Germany, on Sept. 19, 2019. Michaela Handrek-Rehle/Bloomberg T...
Is the Stock Market Open Today? Here Are the Good Friday 2022 Trading Hours.
Spencer Platt/Getty Images Text size Good Friday may come as a bit of sweet relief for investors. The stock market has taken a hit this year. Stocks slipped this week, too: The Dow Jones Industrial Av...
China Continues to Tighten Its Digital Asset Market
China is further tightening its digital asset market as the regulators warn of criminals using the space for illicit activities. NFT market is getting increasingly “hot” Days after a Chinese media out...
Banking associations in China target NFTs for the market –
Non-fungible tokens (NFTs) in China’s Internet Financial Association has received attention The China Banking Association and the China Securities Association will steadfastly control the propensity o...
Bank RRR Cut Anticipation Lifts Markets
China Last Night KraneShares Key News Asian equities had a mixed night, as China, Hong Kong, and Japan outperformed. At the same time, India, the Philippines, and Thailand got an early start to the lo...
Chinese EV maker Nio says it’s gradually resuming production after Covid halt
In February 2020, Nio got a lifeline of financing support led by the government of Hefei city, where the electric car start-up has established its China headquarters. Qilai Shen | Bloomberg | Getty Im...
China: Bitcoin miners under attack
More mining farms and nearly 4,000 machines for mining Bitcoin and cryptocurrencies using the PoW protocol have been seized in China. Seizures of Bitcoin mining machines continue in China About 4,000...
Crypto’s Delicate Position in China, India; Bitcoin, Ether Rise
The largest cryptocurrency by market capitalization was recently trading at about $41,100, up over 2% over the past 24 hours after two weeks of almost straight declines. Ether, the second largest cryp...
China Approaching NFTs With Caution
Key Takeaways A joint group of Chinese regulatory bodies have published regulatory initiatives for the non-fungible token space. The authorities noted the innovative aspects and potential of the techn...
Premier Li’s Post-Close Consumption Push
China Last Night KraneShares Key News Asian equities were mixed overnight as Japan was up, Taiwan was ahead of Taiwan Semis earnings tomorrow, South Korea rebounded, and Mainland China was off. Hong K...
‘Crazy’ US sanctions against China, Russia ‘weaponise’ financial markets, threaten to undermine dollar, former HKMA chief Joseph Yam says
The eminence grise of Hong Kong’s banking circles has come out swinging against the United States in an unusual webinar that set a strident tone against the economy with which the city’s c...
Game On As Approvals Lead Internet Names Higher
China Last Night KraneShares Key News Asian equities were a sea of red, excluding China and Hong Kong, as growth sectors/stocks rebounded/outperformed relative to value sectors/stocks. Both China and ...
China Resumes Online Games Approval, Ending Eight-Month Hiatus
Pony Ma Huateng, chairman and chief executive officer of Tencent Holdings Ltd.(Photo by Visual China … [+] Group via Getty Images/Visual China Group via Getty Images) Visual China Group via Gett...
What made Inflation in China go beyond the expert’s expectations?
Both consumer and producer price index in China has seen a surge, which would make the revival of the economy much slower than before Consumer Prices in China rose slightly last month when the public ...
Tencent Soars After China Ends Eight-Month Gaming Freeze
(Bloomberg) — Tencent Holdings Ltd. surged more than 5%, joining the rest of China’s gaming industry in a rally after regulators approved the country’s first batch of new titles in more than eig...
China inflation makes it harder for PBOC to cut interest rates US Fed
Transportation fuel prices rose by 24.1% in China in March 2022 from a year ago, the largest increase within the country’s consumer price index. Vcg | Visual China Group | Getty Images BEIJING —...
U.S. State Department Orders Non-Emergency Staff In Shanghai To Leave Amid Covid Surge
Volunteers transport boxes of food delivered by the government in Shanghai amid Covid lockdowns on … [+] Saturday, April 9.. Photographer: Qilai Shen/Bloomberg © 2022 Bloomberg Finance LP The U....
Alibaba Stock Stake Slashed by Charlie Munger’s Daily Journal
Text size Charlie Munger attends the annual Berkshire shareholders meeting in Omaha in 2019. JOHANNES EISELE / AFP / Getty Images Daily Journal , which Charlie Munger had served as chairman until rece...