China’s army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the world’s top manufacturer, heralding a potential warning sign for …
Monthly Archives For June 2022
China stocks gain, Amazon approves 20-for-1 stock split, bitcoin rallies
Yahoo Finance Live looks at several stocks tied to leading industry stories, including how Chinese stocks are recovering from China’s COVID lockdowns.
METALS-Copper nears four-week peak on China lockdown easing
London copper prices rose to their highest in nearly four weeks on Tuesday, after data showed an increase in Chinese factory activity and an easing of COVID-19 lockdowns in top metals consumer China …
Facing pressure on rising prices, America mulls cutting Trump-era China import tariffs
One of the US Treasury’s top officials highlighted the importance of US tariffs on Chinese goods as a tool to aid American jobs and competitiveness, amid a debate over scaling them back in an effort…
China’s Russia dealings irk US, but don’t breach sanctions
China’s support for Russia through oil and gas purchases is irking Washington and raising the risk of U.S. retaliation, foreign observers say, though they see no sign Beijing is helping Moscow evade …
China reports 131 new COVID cases for May 31 vs 174 a day earlier
Mainland China reported 131 new coronavirus cases for May 31, of which 35 were symptomatic and 96 were asymptomatic, the National Health Commission said on Wednesday.
China’s exports suffer reversal of fortune as world shakes off Covid lockdowns
In 2020 and 2021, when the coronavirus pandemic forced much of the world’s population to spend more time at home, Chinese exports of laptops grew by double digits. The boom was one example of how…
S.Korea exports growth accelerates in May, China curbs hurt
South Korea’s exports grew at a faster pace in May than a month earlier as shipments to Europe and United States improved, even as ongoing COVID restrictions continued to disrupt trade with China. By …
China’s Beijing reports 14 new symptomatic coronavirus cases, 1 asymptomatic case for May 31
China’s capital Beijing reported 14 new asymptomatic coronavirus cases on May 31, down from 16 a day earlier, the local government said on Wednesday.
China’s Shanghai reports 10 new asymptomatic coronavirus cases, 5 symptomatic cases for May 31
The Chinese financial hub of Shanghai reported 10 new asymptomatic coronavirus cases on May 31, down from 22 a day earlier, with symptomatic cases also edging down to five from six, the local …
China’s Property Market Picks Up in May as Policy Eases
China’s real estate market rebounded this month thanks to looser policies. By area, property transactions in 17 major cities rose 8.8 percent in May from last month, with the annual decline narrowing …
Wynn: At $65 Something’s Got To Give, Maybe A Longshot Bet On China Reopening
The IMF has downgraded China’s projected GDP growth down to 4.4% and some believe it will go even lower. The pandemic isn’t the only culprit here as investors know. The banking system is …
China Unveils ESG Reporting Program in Bid to Catch Global Peers
A new set of voluntary guidelines for Chinese companies to report environmental, social and governance metrics take effect Wednesday, offering a glimpse of what mandatory disclosures might eventually …
