Country’s central bank will provide loans through 21 banks to small and midsize technology companies at an interest rate of 1.75 per cent …
Monthly Archives For April 2024
‘I cried a little’: Babies born, weddings held as millions enjoy awe and beauty of total solar eclipse
The 2024 eclipse united skywatchers in North America, from Mexico to Canada, in awe of the celestial spectacle. Personal stories intertwined with reco …
Beijing Pushes Back on Overproduction Concerns After Yellen Visit
Chinese officials have dismissed concerns raised by the U.S. Treasury Secretary that it should scale back on industrial production, saying that the country is developing its economy appropriately.
Analyst revises Nvidia stock price target on China update
The analysts said positive implications include supply chain feedback for Nvidia’s GB200 computer systems for networking. GB200 systems with average selling prices of $1.5 million to $2 million are …
Yellen Junks 200 Years of Economics to Block China Clean Tech
The Treasury secretary’s plan is a protectionist disaster that will impede the path to net zero.
Gold hits another record high; China’s central bank adds gold for 17th straight month
Gold futures hit a new record high as central banks increase purchases, including a 17th straight monthly increase from the People’s Bank of China.
China pledges US$69 billion in credit backing for tech after resurrecting dormant financial tools
China’s central bank will incentivise the extension of credit for tech-focused companies and equipment renovations – goals named as a top priority by economic policymakers for the coming year.
Beijing says to ‘strengthen strategic cooperation’ with Moscow as Lavrov visits
China’s top diplomat said on Tuesday that Beijing would strengthen strategic cooperation with Moscow, Russian state media reported, as he met his counterpart for talks. Russian Foreign Minister Sergei …
China Plays Tense Game of ‘Russian Roulette’ With U.S. Ally
Chinese coast guard ships have slammed Philippines boats with water cannons, shattering a windshield and injuring Filipino crew.
China concerns bring new unity to once-turbulent US-Japan-Philippines relationship ahead of major White House summit
When the leaders of the US, Japan and Philippines meet at the White House on Thursday, a key topic binds their relationship – common concern over China.
Russia and China to Cooperate in Fight Against Terrorism, Russian Agencies Cite Lavrov as Saying
(Reuters) – Russia and China will continue their cooperation in the fight against terrorism, including through multilateral mechanisms, Russian Foreign Minister Sergei Lavrov said in Beijing after his …
From overcapacity to TikTok, the issues covered during Janet Yellen’s trip to China
Treasury Secretary Janet Yellen and her team are returning to Washington after a visit to China where they tried to tackle the biggest economic issues between the countries …
UBS Weighs Credit Suisse China Stake Swap With Beijing Government
UBS Group AG is in discussions to attain full ownership of its China platform by swapping its holding in Credit Suisse’s onshore securities venture with a Beijing government investment fund, according …
