The Chinese yuan traded a touch stronger against the U.S. dollar Tuesday, reversing a sharp weakening trend after the PBOC signaled support for its currency.
Monthly Archives For April 2022
Tesla welcome in India, but shouldn’t’ import cars from China: Nitin Gadkari
On one hand, Elon Musk has struck a deal to buy Twitter and on the other hand, the Tesla CEO is navigating through challenges to bring EVs to India. Tesla is welcome to set up…
Asia-Pacific Blockchain Technology Market Size, Key Player, Competition Weakness and Strengths from 2022 to 2031
The report titled Asia-Pacific Blockchain Technology Market which was recently added by Kenneth Research, aims at providing the …
Hong Kong exchange profits plunge amid IPO drought, virus woes
Hong Kong’s stock exchange on Wednesday reported its biggest quarterly drop in profits for six years as tightened Chinese regulations strangled new listings and the city struggled with its …
China Records First Ever Human Case of H3N8 Avian Flu – What Does It Mean?
The first ever human case of H3N8 avian flu was confirmed in China on Tuesday, 26 April. While H3N8 avian flu can infect horses, ducks, seals, dogs, and cats, authorities say that the chances of…
Beijing Presses on With Mass COVID Testing as Locked-Down Shanghai Seethes
Meanwhile Shanghai reported 48 new deaths on April 26, down from 52 the day before. That takes the official death toll to 238, all reported from April 17 onwards, although many re …
Beijing begins third day of mass testing as cases rise
People in Beijing’s Chaoyang district — the Chinese capital’s most populous — queue up to get coronavirus tests as the capital city enters its third day of mandatory testing. Under its zero-Covid …
China says US hyped sailing of Navy warship in Taiwan Strait
China protested Wednesday against the sailing of a U.S. Navy guided-missile destroyer through the Taiwan Strait the previous day, accusing the American side of hyping the maneuver.The Navy’s …
China lockdowns drag on earnings of chipmakers, industrials
Industrial conglomerates GE and 3M , and chipmakers Texas Instruments and SK Hynix cautioned that China’s COVID-19 led stringent curbs were further disrupting battered supply chains and hurting their …
Beijing condemns Pakistan blast killing China tutors
China has condemned an attack that killed three of its citizens in Pakistan, demanding that Islamabad fight against those involved. Three Chinese tutors and a Pakistani driver were killed in a suicide …
China’s Xi urges ‘all-out’ infrastructure push to boost growth
Chinese president Xi Jinping has called for an “all-out” campaign to build infrastructure, according to state media, marking the latest attempt by leaders to boost growth in the Covid-battered economy …
Share prices fall on concerns over further China lockdowns
Shares in the US and Asia have fallen on fears about the impact of lockdowns in China on global economic growth. On Tuesday, the technology-heavy Nasdaq Composite index closed at its lowest level …
China’s moves in the South Pacific
Plus, we’ll find out about Chinese companies that are trying to lease property on South Pacific islands. I’m Marc Filippino, and here’s the news you need to start your day. The Nasdaq lost 4 per…
