BEIJING – China said on Tuesday that an expression of concern by the Group of Seven industrialised nations over the selection process for Hong Kong’s new chief executive was interference …
China
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HONG KONG – Goldman Sachs has appointed banker E.G. Morse as a co-head of its China business and to lead the bank’s China global markets business, according to a memo …
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A look at the day ahead in markets from Sujata Rao. Earlier this year, investors’ fears of an aggressive Fed rate hike cycle were tempered by signs China was looking …
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In virus-hit China, investors rush headlong into bonds and deposits
by Reutersby ReutersSHANGHAI – Chinese investors are shunning equity funds and piling into bonds, deposits and money market products, as stocks tumble and a gloomy economic outlook saps demand for risky assets. …
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China Declares Victory For ‘Democracy’ As Their Handpicked Candidate Wins Nearly 100% Of The Vote In Hong Kong Election
China Declares Victory For ‘Democracy’ As Their Handpicked Candidate Wins Nearly 100% Of The Vote In Hong Kong Election Philip Lenczycki on May 9, 2022 Beijing cheered on the election …
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BlackRock cuts back on China exposure on macro, geopolitical concerns
by Reutersby ReutersLONDON – BlackRock trimmed its exposure to Chinese stocks and government bonds, and Asian fixed income more widely, to neutral from a slight overweight, citing a worsening macroeconomic outlook as …
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US lobby fears ‘exodus’ of foreign staff in China due to COVID measures
by Reutersby ReutersSHENZHEN, China – American businesses are struggling to persuade overseas staff to join them in China due to the country’s strict COVID-19 control measures and ongoing lockdowns, the American Chamber …
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China April coal imports soar, driven by panic orders in early March
by Reutersby ReutersBEIJING – China’s coal imports surged 43% in April from March, driven by panic buying over concerns of supply disruptions stemming from Russia’s invasion of Ukraine. China shipped in 23.55 …
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China oil imports rebound in April, but weak fuel demand weighs on refiners
by Reutersby ReutersBy Chen Aizhu SINGAPORE – China’s crude oil imports grew nearly 7% in April from the same month a year earlier, its first rise in three months, although weakening fuel …
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Taiwan says hopes world would sanction China if it invades
by Reutersby ReutersTAIPEI – Taiwan hopes that the world would sanction China like it is sanctioning Russia for its war on Ukraine if Beijing invaded the island, Foreign Minister Joseph Wu said …
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Math Professor Convicted Of Hiding China Ties To Get Taxpayer Funding
Math Professor Convicted Of Hiding China Ties To Get Taxpayer Funding Philip Lenczycki on May 6, 2022 A federal grand jury found a professor at a public university guilty on …
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China central bank to launch relending facility to aid transport, logistics
by Reutersby ReutersBEIJING – China’s central bank said on Friday it launch a 100 billion yuan ($15 billion) relending facility to support the transport, logistics and storage sectors which have been hit …
- Financial News
China will roll out more support measures to stabilise jobs – cabinet
by Reutersby ReutersBEIJING -China will roll out more support measures to help small firms and stabilise employment, including the introduction of policies to support the platform economy as soon as possible, State …
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MILAN – Italian luxury group Moncler is confident it can meet analyst expectations that sales will reach 2.4 billion euros ($2.53 billion) this year despite a new round of lockdowns …
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Didi, Lenovo founders go private on China social media, join retreat from spotlight
by Reutersby ReutersBy Josh Ye HONG KONG – The president of Chinese ride-hailing giant Didi Chuxing and her father, the founder of Lenovo, have ended their public presence on China’s main social …
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Bentley Q1 profit soars despite cars lost at sea and stuck in China
by Reutersby ReutersBy Nick Carey LONDON – Luxury British carmaker Bentley on Thursday said its first-quarter operating profit jumped 162% versus the same period last year, as soaring vehicle prices offset the …
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Running on hope, China markets want action, not more policy pledges
by Reutersby ReutersBy Tom Westbrook SINGAPORE – Promises of policy support and a possible meeting between tech giants and China’s leaders this week have helped stem a rout in the country’s stock …
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Did China Just Signal It’s Going To War? Philip Lenczycki on May 4, 2022 China held an emergency meeting to examine how it could protect itself from potential future sanctions, …
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CEO of Berkshire’s Dairy Queen eyes China and India for growth, upgrades menu
by Reutersby ReutersBy Jonathan Stempel OMAHA, Neb. – Dairy Queen is looking to China and perhaps India to fuel growth, while counting on a revamped burger menu to bring in more American …
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China envoy vows to play ‘constructive role’ amid tensions on Korean peninsula
by Reutersby ReutersBy Soo-hyang Choi SEOUL – China remains committed to playing a constructive role in resolving the North Korea nuclear issue, Beijing’s Korean affairs envoy said on Tuesday, a week after …
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China discusses protecting assets from U.S. sanctions with banks -FT
by Reutersby Reuters(Reuters) – Chinese regulators held an emergency meeting with domestic and foreign banks to discuss how they could protect China’s overseas assets from U.S.-led sanctions similar to those imposed on …
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China state planner sets out irregular price-pushing behaviours for coal
by Reutersby ReutersBEIJING – China’s state planner warned domestic thermal coal producers and traders on Saturday not to hoard stock or engage in a list of other practices that it said amounted …
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By Brenda Goh and Jane Lanhee Lee SHANGHAI -Arm Ltd said on Friday a change in leadership at its Chinese joint venture fully complied with local laws, after concerns were …
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Proposed China investment curb by U.S. sparks debate among chipmakers
by Reutersby ReutersBy Alexandra Alper WASHINGTON – Chipmakers are divided over how aggressively to oppose a legislative proposal that would give the U.S. government sweeping new powers to block billions in U.S. …
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Foreign funds fret geopolitics taints China yuan, markets :Mike Dolan
by Reutersby ReutersBy Mike Dolan LONDON – Paradigm lost? A long-held view among many investors that China’s currency and markets would one day sit at the centre of world finance to match …