By Kanishka Singh WASHINGTON (Reuters) – The United States “firmly” opposes export controls announced by China on gallium and germanium, metals needed to produce semiconductors and other electronics, a U.S. Commerce …
China
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A look at the day ahead in U.S. and global markets from Mike Dolan As U.S. markets return from Independence Day, the Federal Reserve’s slightly awkward deliberations are laid bare …
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US and World News
Taiwan presidential front-runner says he can keep peace with China
by Reutersby ReutersTAIPEI (Reuters) – Leading Taiwan presidential candidate William Lai wrote in the Wall Street Journal on Wednesday that he could keep the peace with China if elected, reiterating his willingness …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The most important Asian economic indicator from a pretty packed …
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China automaker BYD to invest $620 million in Brazil industrial complex
by Reutersby ReutersSAO PAULO (Reuters) – Chinese automaker BYD on Tuesday said it will invest 3 billion reais ($620.17 million) in a new industrial complex in northeastern Brazil, as it aims to …
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China state lenders lower dollar deposit rates for second time in a month – sources
by Reutersby ReutersBy Winni Zhou and Ryan Woo SHANGHAI/BEIJING (Reuters) – China’s major state banks have lowered their dollar deposit rates for the second time in a month, seven banking sources with …
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China to restrict exports of chipmaking materials as US mulls new curbs
by Reutersby ReutersBEIJING (Reuters) – China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo in an escalating war over …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
China Implements Export Controls On Key Metals Used For Chips
China Implements Export Controls On Key Metals Used For Chips Jason Cohen on July 3, 2023 China has implemented export limits on two metals utilized in the manufacturing of computer …
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(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. The big question for the day is how will investors greet Tesla’s announcement on …
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US and World News
Analysis-New Zealand, in recession and heading to polls, goes pragmatic on China trade
by Reutersby ReutersBy Lucy Craymer WELLINGTON (Reuters) – New Zealand Prime Minister Chris Hipkins trod a careful line on his first trip to China last week as leader, focusing on trade and …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia gets the new quarter underway with a sense of …
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BEIJING (Reuters) – China has urged the Netherlands to not hinder bilateral cooperation in the semiconductor industry and to not abuse export controls, China’s Ministry of Commerce said in a …
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Business News
China new home prices edge down in June for second consecutive month
by Reutersby ReutersBEIJING (Reuters) – New home prices in China edged down in June from the previous month, marking a second straight month of declines, and housing sales are likely to remain …
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China raises relending, rediscounting quotas for farm sector, small firms by $27.5 billion
by Reutersby ReutersBEIJING (Reuters) – China’s central bank said on Friday it will increase its relending and rediscount quotas by 200 billion yuan ($27.53 billion) to support the farm sector and small …
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(Reuters) -U.S.-China tensions over semiconductors began with the Trump administration’s trade war and have ratcheted up under President Joe Biden’s leadership as Washington looks to undercut Beijing’s efforts to build …
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Exclusive-Letter from prison: South Korean chip exec denies stealing Samsung data for China factory
by Reutersby ReutersBy Heekyong Yang and Ju-min Park SEOUL (Reuters) – A South Korean chip executive imprisoned over industrial espionage charges rejected allegations he had sought to build a copycat chip factory …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets bring an eventful first half of the year …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Western Companies In China Are Following The Same Business Model They Used To Work With Nazi Germany
Western Companies In China Are Following The Same Business Model They Used To Work With Nazi Germany Will Kessler on June 29, 2023 Western companies are separating parts of their …
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China to take measures to promote household consumption- state media
by Reutersby ReutersBEIJING (Reuters) – China plans to take measures to promote household consumption, state media reported on Thursday, citing discussions at a cabinet meeting chaired by Premier Li Qiang, amid concerns …
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Bearish bets on Asian currencies firm as weak China growth weighs: Reuters poll
by Reutersby ReutersBy Upasana Singh (Reuters) – Investors increased bearish bets on most Asian currencies, as a stuttering post-pandemic recovery in China, the world’s second-largest economy, weighed on sentiment, a Reuters poll …
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China steel exports seen surging to seven-year high as home demand wilts
by Reutersby ReutersBy Amy Lv and Dominique Patton BEIJING (Reuters) – China is set to export the most steel this year since 2016, say analysts, as the weakening yuan and competitive prices …
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(Reuters) -U.S. Treasury Secretary Janet Yellen said she hopes to travel to China to reestablish contact with Beijing, acknowledging there were disagreements between the two countries, MSNBC on Wednesday reported …
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Brands focus on stories in refining China livestreaming to boost profits
by Reutersby ReutersBy Casey Hall SHANGHAI (Reuters) – When tech giant Apple joined China’s livestreaming frenzy, a major driving force of the e-commerce boom in the world’s second biggest economy, it launched …
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US and World News
US, China plan to increase commercial flights between the countries- US official
by Reutersby ReutersBy Kanishka Singh WASHINGTON (Reuters) – The United States and China agreed to consider expanding commercial flights between the two countries to improve people-to-people contact, the top U.S. diplomat for …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
US Readies Next Shot In Key China Trade War: REPORT
US Readies Next Shot In Key China Trade War: REPORT John Hugh DeMastri on June 28, 2023 The Biden administration is considering further action to restrict the export of high-powered …