Shares of Disney soared on the return of Bob Iger as chief executive, lifting the Dow Jones Industrial Average.
Monthly Archives For November 2022
China COVID Deaths Rattle Asian Equities
Asian equities moved lower in Monday trading as investors were rattled by reports over the weekend of the first COVID deaths in mainland China since May. The deaths sparked concern that China will …
Five financial experimental zones set up in China’s Yangtze River Delta region to inspire tech innovation: central bank
The People’s Bank of China (PBC), the central bank, and other seven government departments co-issued a document on Monday on setting up five financial experimental zones for technological innovation …
China’s monetary policy provides robust support to real economy: central bank governor
BEIJING – China’s monetary policy has provided significant support to the real economy and has proved to be well-calibrated, Yi Gang, governor of the People’s Bank of China (PBOC), said Monday. As the …
China pledges to cooperate with nations on outer space exploration
China is willing to work with other countries to strengthen exchanges and cooperation to jointly explore the universe, peacefully utilize outer space and promote space technology to better ben …
Dollar rebounds as China COVID worries spook markets
The dollar rose 0.9% against the Japanese yen to 141.665 yen, on pace for its largest one-day gain since Oct. 14. The euro fell 0.74% against the greenback to $1.0248. “All eyes are on China…
China Bought $60 Billion In Russian Energy Since Start Of Ukraine War
China’s energy imports from Russia, including coal, oil, and natural gas, have reached $60 billion since the Russian invasion of Ukraine, Bloomberg has reported, up from $35 billion in the same period …
Markets rattled by fears of fresh Covid curbs in China
Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China amid warnings that markets would remain lacklustre for some time.
China Turns to Back-Channel Diplomacy to Shore Up U.S. Ties
With Xi Jinping’s blessing, a Chinese delegation of policy advisers and executives met with a U.S. counterpart group ahead of the Biden-Xi summit.
Biggest Edition of China Hi-Tech Fair (CHTF) Concludes in Shenzhen, China
The 24 th and the biggest edition of China Hi-Tech Fair (CHTF) just concluded on November 19, 2022 in Shenzhen, China. With an exhibition area of 406,000 square meters, the 5-day event showcased 8,667 …
China Withdraws Cash From Banking System as Bond Sell-Off Cools
China withdrew short-term cash from the financial system for the first time in nearly two weeks, as a sell-off in government and corporate bonds eased. The Peoples …
UPDATE 1-China’s BYD scraps IPO plan for semiconductor unit
HONG KONG, Nov 15 (Reuters) – Chinese automaker BYD Co Ltd said on Tuesday it had scrapped plans to list its semiconductor unit in China, saying a move to increase … Scrapping the planned initial…
Athenex Announces Closing of the Sale of its China API Business
BUFFALO, N.Y., Nov. 21, 2022 (GLOBE NEWSWIRE) — , (NASDAQ: ATNX), a global biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies for the …
