All the indicators point to rising stockpiles of goods as production continues, but consumers are not in the mood to shop.
Monthly Archives For May 2024
House votes to make CFTC main crypto regulator, a win for the industry
Crypto leaders have long preferred oversight from that agency rather than the Securities and Exchange Commission. The Senate isn’t expected to pass the bill.
Shenzhen Investment Holdings Bay Area Development Company goes ex dividend tomorrow
Shenzhen Investment Holdings Bay Area Development Company Limited (OTCPK:SIHBY) had declared $0.143/share semi-annual dividend Payable July 22; for shareholders of record May 24; ex-div May 23. See …
Shein switches focus to London after New York IPO stalls
Concerns about Shein’s ties to Beijing have become the biggest hurdle in the path … citing Shein founder Sky Xu’s “strong desire” for an IPO “as soon as possible”. People familiar with the situation …
Zeekr Stock Forecast: Can ZK Shine Despite China’s EV Slump?
Chinese electric vehicle (EV) company Zeekr Intelligent Technology Holding (ZK) went public in the U.S. in an upsized IPO. It was the first major Chinese EV company to list in the U.S. after the 2020…
Boeing deliveries to China delayed by state regulator review, source says
Boeing’s plane deliveries to China have been delayed in recent weeks due to a Chinese regulatory review of batteries related to the cockpit voice recorder, a source familiar with the matter told Reuters.
US scientist who worked with China lab targeted in coronavirus leak allegations barred from funding
American agency accuses disease ecologist of taking part in ‘improper conduct’ as head of group that collaborated with the Wuhan Institute of Virology Debarment ensures he ‘never again receives a …
Exclusive-Boeing deliveries to China delayed by state regulator review, source says
Boeing’s plane deliveries to China have been delayed in recent weeks due to a Chinese regulatory review of batteries related to the cockpit voice recorder, a source familiar with the matter told …
China sending lethal aid to Russia, claims Grant Shapps
Defence secretary says Beijing is arming Moscow for war in Ukraine and warns that an ‘axis of authoritarian states’ is increasingly working together …
UK accuses China of providing ‘lethal aid’ to Russia for Ukraine war
Grant Shapps says intelligence shows collaboration ‘on combat equipment’, but US holds back from confirming claims …
US Treasury Secretary Janet Yellen Urges EU to Act Against China’s Cheap Green Technology Exports
Janet Yellen, the US Treasury Secretary, urged the EU to intervene to curb rising exports of cheap green technologies like solar panels and wind turbines from China. She said the US and its allies …
Biden Administration seeks China-style CBDCs, warns US Congressman
Congressman Emmer warns Biden’s CBDC plan threatens privacy, introduces bill to prevent government surveillance.
Beijing targets 12 US military-linked firms over Taiwan arms, sanctions
Beijing on Wednesday said it had taken measures against 12 companies involved in the US military-industrial complex and their senior executives, in response to the US arming of Taiwan and sanctions on …
