Additionally, China Securities Regulatory Commission (CSRC) is rolling out measures to shore up market confidence in investing in listed companies. The CSRC signaled slowing downbeat pace of Initial …
Monthly Archives For August 2023
Asia’s crypto industry has been real busy this week
It’s been a whirlwind of a week for the Asian crypto industry. Every time you think the cryptoverse has exhausted its supply of adrenaline-pumping news, Asia steps up to the plate and says, “Hold my…
What the U.S. commerce chief is talking about with China
The latest buzz in international politics centers around the U.S. Commerce Secretary Gina Raimondo’s recent trip to Beijing. Intending to bridge the widening gaps between the two economic behemoths, …
EV maker BYD buys US firm Jabil’s China manufacturing business for $2.2 billion
(Reuters) -Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc’s Singaporean unit to buy its product manufacturing business in China …
China’s summer of climate destruction
China’s summer this year has seen both extreme heat and devastating floods. And the flooding this time around has struck areas where such weather has been unheard of, with scientists – blaming climate …
China trip to promote ‘healthy competition’ between countries: Commerce Secretary says
As Secretary of Commerce Gina Raimondo’s plane touches down in Beijing, the goal of the trip, according to the Secretary, is to promote “healthy competition.” …
China Evergrande’s First-Half Net Loss Narrowed; Shares to Resume Trading
China Evergrande Group, the world’s most indebted developer, narrowed its first-half loss significantly mainly due to an absence of impairment loss on investments.
Nasa chief says UFOs are real but could be China using ‘unfriendly’ advanced technology
Dr Thomas Zurbuchen, Nasa’s longest-serving administrator, believes UFOs do exist but they may be “unfriendly” advanced technology following the space agency’s inquiry …
China to hire over 50% young talent under 40 in major technology research tasks
China has vowed to encourage the research and development (R&D) sector to hire more young talent, defined as those under the age of 40, in key projects and keep this group at more than 50…
Biden admin seeks to boost tourism, trade with Raimondo’s China visit
Commerce Secretary Gina Raimondo is on a four-day trip aimed at boosting trade ties between the U.S. and China amid economic and geopolitical disputes between the two countries.
China’s Worsening Economic Slowdown Is Rippling Across the Globe
China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world.
China’s big internet names have mostly beat. Here’s where analysts think the stocks are headed
Chinese internet tech companies Alibaba , Tencent and Baidu have reported solid quarterly earnings this month with little to show for it in market performance. Tencent has fallen for four weeks in a …
Marketmind: Data, policy, diplomacy – China in focus again
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. As the week gets underway, asset markets across Asia yet again will be dominated by key economic indicators, …
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