China is holding military exercises in the disputed South China Sea coinciding with U.S. President Joe Biden’s visits to South Korea and Japan that are largely focused on countering the perceived …
Monthly Archives For May 2022
FTSE 100 rebounds on China optimism; THG surges on rejecting bid approach
UK’s FTSE 100 rebounded on Friday, tracking an upbeat mood in Asian markets after China cut a key lending rate, while shares of THG soared after the e-commerce company rejected an offer from two …
BRICS bank issues 7-bln-yuan bond in China’s interbank bond market
BRICS New Development Bank (NDB) has issued an RMB-denominated bond of 7 billion yuan (about 1.04 billion U.S. dollars) in China’s interbank bond market with a maturity of three years, the bank said …
China becomes wild card in Sri Lanka’s debt crisis
China says its initiative to build ports and other infrastructure across Asia and Africa, paid for with Chinese loans, will boost trade. But in a cautionary tale for borrowers, Sri Lanka’s …
China’s international schools hit by teacher exodus
STORY: International schools in China are facing an exodus of foreign teachers and students,with some in the industry saying certain schools will not survive Beijing’s pursuit of covid …
COLUMN-China buys excess crude oil, looks to Russia for even more: Russell
China is continuing to import more crude oil than it needs as weak refinery processing rates, soft domestic demand and constrained exports of refined fuels combine to boost the building of stockpiles.
China’s April Saudi oil imports soar 38% on yr, Russian oil up 4%
China’s crude oil imports from top supplier Saudi Arabia soared 38 per cent in April from a year earlier, hitting the highest monthly volume since May 2020, according to Reuters’ calculations based on …
China’s April soybean imports from Brazil up from March as delayed cargoes arrive
Bad weather delayed Brazil’s soybean harvest and exports, reducing shipments to China earlier in the year. Soybean arrivals from Brazil began picking up in Apri …
China cuts mortgage lending rate by record to temper lockdown impact
China has cut its main interest rate underpinning mortgage lending by the most on record as policymakers seek to mitigate the economic impact of severe anti-coronavirus restrictions and a property …
Policies in place to help sustain China’s stable housing market
BEIJING – China is rolling out policies to bolster rational home-buying demand, in an effort to help the housing market sustain solid standing against the headwinds. China’s housing market continued …
China cuts borrowing rate again, seeking to revive housing sector
China cut its benchmark reference rate for mortgages by an unexpectedly wide margin on Friday, its second cut this year as Beijing seeks to revive the ailing housing sector to prop up the economy.
China’s Central Bank Makes Unexpected Rate Cut as Growth Crumbles
China’s central bank cut a key interest rate while keeping another unchanged, an unexpected shift that economists said would likely help the moribund housing market but bring only limited relief to …
China Stocks Face Big Risk as Thousands of Hedge Funds Near Point Where They Have to Dump Shares
China’s almost-trillion dollar hedge fund industry risks worsening the turmoil in its stock market as deepening portfolio losses trigger forced selling by some managers.Most Read from BloombergOne of …
