Chipmakers including Nvidia, TSMC and ASML were down on Wednesday as the Biden administration reportedly considers tighter China trade restrictions.
Monthly Archives For July 2024
What to expect from China’s monetary policy framework reforms
The PBOC has signalled that changes to China’s monetary policy framework may be on the horizon. We unpack China’s current monetary policy tools, analyse any upcoming changes, and report on their potential impact
Stock market news today: S&P 500, Nasdaq slide as China curb risk rattles techs
Techs were under dual pressure from worries about US export curbs on China and Donald Trump’s stance on Taiwan.
China battens down the hatches for blustery trade winds as odds of Trump victory rise
With the chances of Donald Trump’s return to the White House growing by the day, China is making ready for the rough trading climate that would likely follow his victory.
Stock market today: World stocks slip on report US might tighten technology curbs on China
Global stocks have mostly fallen, with shares in London declining after data showed the inflation rate remained steady at the Bank of England’s 2% target in June.
HSBC to deepen China ties with appointment of first Mandarin-speaking boss
HSBC has named its first Mandarin-speaking chief executive amid investor pressure to shift its headquarters to China …
Shenzhen to put autonomous buses on roads as China accelerates self-driving vehicle tests
China’s southern tech hub of Shenzhen plans to put a fleet of 20 driverless buses on the road this year, according to the local bus operator, amid the country’s push for a wider roll-out and…
Senior Republican lawmakers ask Biden for options to support Philippines in Beijing standoff
Two senior Republican U.S. senators have asked President Joe Biden to provide a complete list of options developed by the Pentagon and State Department to help support the Philippines in recent …
China’s industrial support programmes lack transparency, WTO says
The World Trade Organization said on Wednesday that it was unable to get a clear picture of China’s financial support for key industrial sectors, such as electric vehicles or aluminium and steel …
For China, Trump rally shooting is more evidence of America’s demise
America’s biggest rival says Trump shooting symbolizes dwindling power and hypocrisy of American democracy and global leadership.
China Central Bank Uses Hedge Fund Tactic to Tame Bond Bulls
China’s central bank is readying a bold new experiment in global monetary policy — taking a leaf out of the hedge fund playbook and arranging to short sell bonds.Most Read from BloombergBlackRock Says Gunman From…
China EximBank issues financial bonds to support Belt and Road cooperation
BEIJING – The Export-Import Bank of China (China EximBank) has launched financial bonds to boost cooperation for the Belt and Road Initiative (BRI) in both interbank and over-the-counter markets.
Stock market news today: Nasdaq futures tumble as China curb risk rattles techs
US stocks were poised for a steep retreat from record highs on Wednesday, as techs came under dual pressure from worries about US export curbs on China and Donald Trump’s stance on Taiwan. Futures on…
