As China suffers an energy crisis too, the odds of stagflation – slowing growth but rising prices – increase. John Stepek explains why and what that might mean for your portfolio.
Monthly Archives For October 2021
S. Korea’s exports in September set the highest at USD 55.83 billion
South Koreas exports in September set a record high with solid performance of main export products such as semiconductors and petrochemicals.
Hardwood Flooring Imports from China Tapered Off in July
The hot streak of U.S. imports of hardwood flooring ended in July, reports the Decorative Hardwoods Association. “Imports from China and Brazil fell 18% in July as imports dropped from yearly highs in …
Luxury Brands Flock to Shanghai’s New Luxury Shopping Complex
30, boasting around 120,000 square meters of mixed-use space and boutiques from brands owned by LVMH, Kering and Hermès. Several brands have opened flagships and concept stores in the new development, …
Oyo Rooms IPO: Key things to know
Hospitality firm OYO Rooms has filed a draft red herring prospectus (DRHP) with capital market regulator SEBI to raise Rs 8,430 crore by floating an initial public offering (IPO).
China: Thousands flood Shenzhen station as ‘Golden Week’ holiday begins
Thousands of travellers were seen at Shenzhen Railway Station on Friday, as the country’s ‘Golden Week’ holiday period began. Passenger Mr Chen stated that it had been difficult to buy a train ticket …
China names ethnic Uyghur Erkin Tuniyaz, who gained notoriety for backing Beijing’s policies, new Xinjiang governor
Tuniyaz has rebuked Western governments’ criticism of Beijing’s policies in Xinjiang, particularly the use of facilities critics call detention centers but which China says are intended for vocational …
Beijing 2022: Hong Kong speed skaters remain hopeful of Winter Olympics spots after figure skaters fall short
Five of city’s short track skaters will take part in four designated Winter Games qualifying events starting this month, after Hong Kong’s figure skaters fell short last week.
China administered total of 2.21 bln doses of COVID-19 vaccines as of Sept. 30
China has administered a total of 2.21 billion doses of COVID-19 vaccines as of Sept. 30, data from the National Health Commission showed on Friday.
Top Stories this AM: How China’s housing industry let Evergrande happen; Sen. schools Facebook on ‘finstas’; employees say Bezos’ Blue Origin unsafe
If Evergrande goes bankrupt it could be disastrous for Chinese homeowners, who hold 70% of their wealth in real estate.
China sends 25 fighter planes toward Taiwan on National Day
China sent 25 fighter jets toward self-ruled Taiwan in a large display of force on China’s National Day Friday. The People’s Liberation Army flew 18 J-16 fighter jets as well as two H-6 bombers, among…
Taiwan jets scramble again as China air force enters air defence zone
Taiwan’s air force scrambled again on Friday to warn away 25 Chinese aircraft that entered its air defence zone, Taiwan’s defence ministry said, the latest uptick in tensions across the sensitive …
Markets battered by stagflation fears and slowdown in China
London’s equity markets opened lower as concerns over stagflation persisted and weaker Chinese economic data hurt global investor confidence. The FTSE 100 fell …
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