Gold was adding to last week’s losses on Monday as news of China’s worsening COVID-19 outbreaks supported the dollar
Monthly Archives For November 2022
Dollar jumps as China COVID worries spur safe-haven buying
The U.S. dollar rallied against major currencies on Monday, as rising COVID-19 cases in China led to new restrictions there and weighed on global investor sentiment.
Where U.S.-China Competition Leaves Climate Change
The latest round of international negotiations on climate change, which concluded on Sunday, achieved a significant breakthrough by creating a fund to compensate poor countries for damage caused by …
World stocks on back foot as China COVID cases rise
By Nell Mackenzie LONDON (Reuters) -World stocks and oil prices fell on Monday as fresh COVID-19 curbs in China fuelled worries over the global economic outlook. The safe-haven dollar rallied, while …
Beijing tops on competitive pay in mainland market with nearly $30,000 average annual salary
The latest national data show that Beijing leads the salary ranking on the Chinese mainland with an annual average approaching 200,000 yuan ($27,920) in 2021, followed closely by Shanghai. Separately, …
China c.bank deputy governor: Foundation of economic recovery not solid yet
China’s major economic indicators recovered and stabilised recently but the foundation of the country’s economic recovery is not solid yet, deputy governor of the central bank Xuan Changneng said at …
COVID in China sets sterling for biggest daily fall in two weeks
Sterling slipped against a strengthening U.S. dollar on Monday as global risk sentiment was dented by rising COVID-19 cases in China, which led to new restrictions in the world’s second largest …
China regulator plans to improve balance sheets of ‘good quality’ developers
China needs to implement plans to improve the balance sheets of “good quality” property developers reeling from a cash crunch in the sector, the head of the country’s securities regulator said on …
China reports first Covid deaths in six months amid strict zero-cases policy
Three deaths have been reported in Beijing where cases have been rising despite China’s strict zero-Covid policy.
Philippines Reports Fresh Clash With China as U.S. Reaffirms Defense Pledge
Forces from the Philippines and China were involved in a fresh spat near a disputed island in the South China Sea on Sunday, before Vice President Kamala Harris arrived in Manila to renew defense …
China reports first Covid deaths in six months
Three deaths have been reported in Beijing where cases have been rising despite China’s strict zero-Covid policy.
Disney shares surge as Bob Iger returns; oil hit by China Covid worries – business live
Rolling coverage of the latest economic and financial news, as Iger returns to run Disney and oil price slides …
Beijing Reports 316 New Local COVID Cases, Enforces Inbound Travel Rules
Beijing city reports 316 new local COVID cases for the 15 hours to 3 p.m. on Monday, a city official said during a briefing. China’s capital city is facing its most complex and severe COVID…
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