Next week’s data calendar is packed, with a data dump from China, India’s inflation reading, Australia’s labour figures, …
Monthly Archives For March 2023
Marketmind: Job runes, China offer sliver of rate hope
Even as markets rush to price a resumption of half point U.S. interest rate rises later this month, the door to a smaller hike may have been left ever so slightly ajar. In the second…
China’s SHEIN Plans To Raise $2B In Fresh Funding; Eyes US IPO: Report
Chinese online fashion retailer SHEIN reportedly plans to raise about $2 billion in a fresh funding this month. The company is also eyeing a U.S. listing in the second half of 2023, reported Reuters.
China Sees Sharp Fall in Semiconductor Imports: US Sanctions Taking a Toll on the Industry
China’s chip imports fell by 27% in January and February 2023 similar to the 15% decrease in semiconductor imports last year.
Apple supplier Foxconn assures normal operations at Shenzhen campus amid growing speculation over shift in production from China to India
A Foxconn representative on Thursday said online posts that suggested the firm was dismantling assembly lines in its Shenzhen campus were ‘false’ The response underlines its position that China will …
Beijing and Moscow’s ‘Manchurian candidates’
Eerily, in this era of increasing use of propaganda as a weapon of war, the characters of John Frankenheimer’s classic 1962 political thriller, “The Manchurian Candidate,” are uncomfortably coming
Taiwan confirms Tsai Ing-wen to make US stopover, hits back at Beijing over McCarthy meeting warning
Taipei official says banquets are being prepared for Taiwanese president’s US stay on her way to and from Central America Island’s foreign ministry says mainland China has “no right to finger-point’ after Beijing warns against…
China Property Sector Left in Limbo by Stalled Debt-Restructuring Talks
Dozens of the country’s developers defaulted on their dollar bonds last year, leading to a series of difficult—and protracted—negotiations with overseas fund managers.
Morning Bid: Job runes, China offer sliver of rate hope
Even as markets rush to price a resumption of half point U.S. interest rate rises later this month, the door to a smaller hike may have been left ever so slightly ajar. In the second…
Where China’s insurers see booming business, regulators smell risk
Insurance plus service’ sector rises as nation ages, but rules may curb growth …
China’s medical insurance fund paid 150 bln yuan COVID vaccine expenses in 2021-22
China’s total settlement of COVID-19 vaccine expenses from its medical insurance fund nationwide was more than 150 billion yuan ($21.55 billion) in 2021-22, the National Healthcare Security …
Hong Kong’s Catholic bishop to visit Beijing in first trip in decades
Bishop Stephen Chow speaks during his episcopal ordination in Hong Kong, China December 4, 2021. REUTERS/Tyrone Siu …
China’s Communist Party takes aim at hedonistic bankers
S enior staff at China’s largest investment banks have been flying economy, not first class, in recent months. They are cutting back on entertaining clients and drinking less, if at all, at banquets.