A look at the day ahead in European and global markets from Sonali Desai Disappointment has been the prevailing sentiment so far this week as investors grow impatient with the …
China
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US and World News
Blinken ‘actively talking’ about three Americans detained in China – CBS News
by Reutersby ReutersWASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Monday the United States and China were continuing to discuss the release of three U.S. citizens who are detained …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The People’s Bank of China takes center stage on Tuesday …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Long Overdue’: House Defense Bill Is Chock-Full Of Items With An Eye Toward Countering China
‘Long Overdue’: House Defense Bill Is Chock-Full Of Items With An Eye Toward Countering China Micaela Burrow on June 18, 2023 Bipartisan lawmakers stressed provisions they said would bolster U.S. …
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SHANGHAI/SINGAPORE (Reuters) – China is widely expected to cut key lending benchmarks on Tuesday in the first such easing in 10 months, a Reuters survey showed, as authorities seek to …
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Business News
Goldman Sachs cuts China growth forecast as property slowdown bites
by Reutersby ReutersSINGAPORE (Reuters) – Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud over the property market as stronger-than-expected headwinds. The U.S. investment …
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Business News
Cathay Pacific to hire cabin attendants from mainland China from July
by Reutersby ReutersHONG KONG (Reuters) – Cathay Pacific Airways Ltd said on Monday it would in July launch initiatives to improve Mandarin language and cultural understanding, including hiring cabin staff from mainland …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian market trading will be lighter than usual on Monday …
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Business News
Ford chairman says US can’t yet compete with China on EVs – CNN interview
by Reutersby Reuters(Reuters) – Ford Motor Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles. “They developed very quickly, …
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US and World News
China ‘deplores’ UK security minister’s meeting with Taiwanese minister
by Reutersby ReutersLONDON (Reuters) – The Chinese embassy in London on Sunday condemned a meeting last week between Britain’s security minister, Tom Tugendhat, and Taiwan’s digital minister, saying it violated international relations. …
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WASHINGTON (Reuters) – The national security advisers of the United States, Japan and the Philippines on Friday discussed regional security issues and ways to strengthen the trilateral alliance, they said …
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Business News
China takes next step in currency globalization, with some HK stocks priced in yuan
by Reutersby ReutersBy Samuel Shen and Georgina Lee SHANGHAI/HONG KONG (Reuters) – China’s gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies …
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Business News
Volkswagen to face investor grilling on China, costs at capital markets day
by Reutersby ReutersBy Jan Schwartz and Victoria Waldersee (Reuters) – Volkswagen will face investors hungry for answers at its capital markets day next Wednesday on how it will achieve high cost-cutting targets …
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By Rae Wee and Patturaja Murugaboopathy SINGAPORE (Reuters) – Thailand’s stock market has become the symbol of investor disenchantment with China’s economic reopening, going from market darling in January to …
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Business News
BofA Global Research cuts 2023 China growth forecast after weak May data
by Reutersby Reuters(Corrects story identifier, also widens distribution) (Reuters) -BofA Global Research on Friday trimmed its China economic growth forecast for 2023, becoming the second Wall Street bank to revise forecast after …
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Business News
China encourages private firms to participate in key supply chain projects
by Reutersby ReutersBEIJING (Reuters) – China will speed up the process to allow private firms to access infrastructure of major national scientific research projects and will encourage private businesses to participate in …
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US and World News
China calls European Parliament’s Hong Kong resolutions ‘publicity stunt’
by Reutersby ReutersBy Farah Master HONG KONG (Reuters) -China’s Ministry of Foreign Affairs in Hong Kong said resolutions passed by the European Parliament on Thursday related to the Chinese controlled territory were …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
US Military Secures ‘Unimpeded Access’ To Major Pacific Base, Furthering Bid To Outmatch China
US Military Secures ‘Unimpeded Access’ To Major Pacific Base, Furthering Bid To Outmatch China Micaela Burrow on June 15, 2023 The U.S. military would have “unimpeded access” to sites on …
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By Cristina Amann INGOLSTADT, Germany (Reuters) -Audi has to speed up development of new models to meet a surge in demand for electric vehicles, especially in China, the German luxury …
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Business News
China bookings to return to pre-pandemic level by early 2024 – Agoda
by Reutersby ReutersBy Chayut Setboonsarng BANGKOK (Reuters) – Overseas travel bookings from mainland China are currently at just over half of pre-pandemic levels but are on course to return to the 2019 …
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BEIJING (Reuters) – China’s market regulator on Thursday announced a five-month campaign that will ensure platform companies optimise their protocols, to protect the rights of consumers and vendors. The State …
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By Laurie Chen BEIJING (Reuters) – Strikes at Chinese factories have surged to a seven-year high and are expected to become more frequent as weak global demand forces exporters to …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Bill Gates To Meet One-On-One With China President Xi Jinping: REPORT
Bill Gates To Meet One-On-One With China President Xi Jinping: REPORT Ireland Walker on June 14, 2023 Microsoft founder Bill Gates is scheduled to meet with Chinese President Xi Jinping during …
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Business News
China industry minister, Siemens CEO discuss digital manufacturing, development
by Reutersby ReutersBEIJING (Reuters) – China’s industry minister met Siemens’ chief executive on Wednesday and discussed intelligent manufacturing, digital economy development and the digital transformation of small and medium-sized enterprises, the ministry …
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Business News
China central bank seen cutting medium-term policy rate: Reuters poll
by Reutersby ReutersSHANGHAI/SINGAPORE (Reuters) – China’s central bank is widely expected to cut the borrowing cost of medium-term policy loans for the first time in 10 months on Thursday, after it lowered …