LONDON (Reuters) – Global shares edged down from their highest in two months on Friday as data showing shrinking factory activity in China ended a rally that took them to their best January on record.…
Monthly Archives For February 2019
Luckin Coffee Takes Aim At Starbucks With Potential US IPO
However, the sources cautioned that the IPO plans were still in their infancy … Luckin Chief Marketing Officer Yang Fei said at a presentation in Beijing, according to a past Reuters report, “What w… (…
China hails ‘important progress’ in US trade talks
China’s trade delegation says it made “important progress” in the latest round of talks with the US, China’s state media reports. At the end of a two-day meeting in Washington, no deal was reached but…
China greets Lunar New Year with celebrations, travel rush
BEIJING — China is greeting next week’s Lunar New Year with celebrations and a travel rush that will see an estimated 3 billion trips by people around the country. Thousands of passengers toted bundle… (…
Investment banking: Foreign firms make their moves in China
Goldman Sachs Gao Hua only has the investment banking licence; others, including securities trading and private wealth management, are held within Beijing Gao Hua Securities. Although Goldman has alwa… ( read original story …)
Bleak China data yanks Australian dollar, yuan lower
LONDON (Reuters) – The offshore yuan was headed for its worst daily decline in over five months on Friday after weak economic data out of China damaged risk sentiment and weighed on the Australian dol……
Trump to meet China’s Xi to try to seal trade deal, progress reported
Story continues Earlier, Trump said on Twitter he was looking for China to open its markets “not only to Financial Services, which they are now doing, but also to our Manufacturing, Farmers and other ……
Oil Holds Below $54 as China Factory Data Reignites Growth Worry
The U.S. and China plan further discussions before a March 1 deadline … the U.S. moved to block state oil company Petroleos de Venezuela SA and its customers from using the U.S. financial system in…
U.S., China Hold First Day of Trade Talks With Wide Differences Remaining
The last round of U.S.-China talks led by Deputy USTR Jeffrey Gerrish in Beijing earlier this month, ended with no progress on IP practices and technology transfer issues, which are the U.S.’s main co… (…
Australian dollar, yuan slump on bleak China data
LONDON (Reuters) – The offshore yuan was headed for its worst daily decline in over five months on Friday after weak economic data out of China damaged risk sentiment and weighed on the Australian dol……
Tesla begins sales of cheaper Model 3 car in China
BEIJING/SHANGHAI (Reuters) – U.S. electric vehicle maker Tesla Inc said it will start taking orders in China on Friday for a lower-priced version of its Model 3 car, as it seeks to accelerate China sa……
Before You Buy China Soft Power Technology Holdings Limited (HKG:139), Consider Its Volatility
If you own shares in China Soft Power Technology Holdings Limited (HKG:139) then it’s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance … ( read original story …)
GLOBAL MARKETS-Weak China data pauses Fed-inspired rally in stocks
Stocks have benefited this week from the U.S. Federal Reserve, which all but abandoned plans for further rate hikes, and on optimism that a U.S.-China trade deal might be on the cards. But the ……
