A researcher at China’s biggest oil company said the country’s drillers should copy the hedging strategies of Mexico and shale firms in the U.S., which use financial derivatives to protect against … ( read original…
Monthly Archives For April 2020
China’s Stocks Short-Selling at a Record High
The value of shares used for shortselling was around 20 billion yuan ($2.83 billion) on Monday, just a touch below the record 20.3 billion yuan set on April 9, according to the latest data from…
Can Stablecoins Consolidate your Crypto Holdings amid Coronavirus Uncertainty?
Bitcoin, trading near $10,000 in mid-February has dropped below the $4,000 mark just one month on. One of the most significant factors behind the ailing market stems from the fact that China is among ……
China Has Become a Testing Ground for Luxury Brands
With much of the world still in lockdown to slow the coronavirus outbreak, China has become the best hope for luxury and fashion brands eager to get tills ringing again, making it a key launchpad…
Renault brand pulled from China; JV stake to be sold to Dongfeng
PARIS — Renault Group said it will stop selling Renault brand passenger cars in China and will focus on light commercial vehicles and electric vehicles in the market. The automaker will transfer its … (…
A Record Number Of Midas List 2020 Members Hail From China, Where Investors Seek The Next Pfizer Or Zoom
The consumer internet is king in China, catalyzing a record 22 Chinese investors to make the list. But other fields, like enterprise tech and healthcare, are emerging to satiate China’s massive market … ( read…
Special Report: Hong Kong judges battle Beijing over rule of law as pandemic chills protests
The independence of Hong Kong’s judicial system is under assault from the Communist Party leadership in Beijing, senior judges in the city told Reuters, posing the gravest threat to the rule of law … (…
China rolls out software surveillance for the COVID-19 pandemic, alarming human rights advocates
The Chinese government has begun to track some of its citizens through software that analyzes their personal data. ( read original story …)
Renault, Hit by Coronavirus and a Market Slump, to Close Its Main China Business
Renault, which was already struggling in China before the coronavirus epidemic hit, will stop making gas-powered cars for domestic sale and wind up its main joint venture with a state-run auto maker. ( read original…
China McDonald apologises for Guangzhou ban on black people
A video shared on social media showed a notice that read: “We’ve been informed that from now on black people are not allowed to enter the restaurant.” McDonalds said that when it it temporarily closed…
Futures rise on China trade data; focus on corporate results
U.S. stock index futures gained on Tuesday as better-than-expected trade data from China and signs some economies might be preparing to ease sweeping lockdowns lifted the mood ahead of the first batch … ( read…
Asia Today: China wet markets panned, India extends lockdown
Australia’s prime minister is criticizing the World Health Organization’s support for the reopening of markets where live animals are butchered in Wuhan, the Chinese city at the center of the coronavi … ( read original…
Human Trials of Two Coronavirus Vaccines Start in China
China has started clinical trials on two potential COVID-19 vaccines, the country’s official state-run press agency reported citing the State Council joint coronavirus prevention and control mechanism … ( read original story …)
