The rise of online shopping, social media and easier access to factories are driving the growth of new consumer brands in parts of Asia — putting pressure on traditional industry giants.
Monthly Archives For February 2024
China’s Struggling Solar Energy Firms Join Share Buybacks Push
Efforts by China’s solar manufacturers to use share buybacks to arrest a slump in market valuations are expected to have only a limited impact, with the sector facing continued pressure on profits.
Interest rate cut hopes boost UK builders’ optimism; NatWest share sale could come in June – business live
The increase in business confidence lifted the UK construction PMI up to … In the financial markets, shares in China have jumped as hopes build that Beijing will take more forceful action to stem …
China’s exchanges restrict stock selling by some hedge funds
China’s stock exchanges are restricting share selling by some hedge funds, four fund managers and a broker said, in the latest attempt to stabilise a market that has slumped to five-year lows.
Agility: Logistics Execs Wary of 2024 Recession and Overreliance on China
Half of the 830 industry professionals surveyed for the 2024 Agility Emerging Markets Logistics Index expect a global recession in the coming year – down from nearly 70% a year …
How a U.S. embassy post about giraffes became an outlet for despair about China’s tumbling stock markets
Social media users in China flocked to a post by the U.S. Embassy in Beijing to complain about the state of their economy.
Congress prods DICT for briefing on recent hacking tries from China
Speaker Ferdinand Martin G. Romualdez on Monday called for an immediate briefing from the Department of Information and Communications Technology (DICT) on the recent cyberattacks on several …
‘Nowhere to hide’: China’s game-changer in military tech
Chinese researchers announce significant advancements in electronic warfare technology, exposing adversaries on the battlefield. China’s military has developed real-time monitoring and analysis of the …
China aims to boost chip production despite US restrictions – FT
Chinese chipmakers expect to make next-generation smartphone processors as early as this year despite U.S. efforts to curb their development of advanced technologies, the Financial Times reported on …
Suspended death sentence for ex-China bank head
A Chinese court has given the death with a two-year reprieve to a former head of China Mercantile Bank for crimes, including taking bribes and abuse of power. The Changde Intermediate People’s Court i …
China gives suspended death sentence to former top banker
A Chinese court has given a suspended death sentence to Tian Huiyu, an ex-president of China Merchants Bank and previously the right-hand man of China’s former economic tsar Wang Qishan, on charges …
China stocks rebound sharply on renewed talk of official support
Battered Chinese stocks leapt to their largest one-day gain in two years on Tuesday and the yuan rose on a slew of signals that authorities are strengthening their resolve to support slumping markets.
China’s offshore green bond market slumped 36% to record low in 2023 on rate hikes, lack of property issuers: Sustainable Fitch
Offshore green bond issuances in China fell 36 per cent last year to just over US$10 billion after declining 21 per cent in 2022, reaching half the level in 2021, according to the sustainable finance…
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