The Saudi Arabian exhibition event featuring Alcaraz, Sinner, Nadal, and Djokovic is the latest in the country’s incursion into tennis
Monthly Archives For September 2024
China’s biggest banks say they will tweak mortgage rates as Beijing seeks to boost housing market
Six of China’s biggest banks said they would tweak interest rates on mortgages for existing home loans following a request from Beijing’s central bank.
China’s Central Bank Buys 200 Billion Yuan of Sovereign Bonds in September
SHANGHAI (Reuters) – The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the country’s government bonds in open-market operations in September.
Ford, GM Stocks fall 3% After Jeep Maker Stellantis Warns About China Competition
Ford and General Motors stock fell after rival car maker Stellantis revised down its 2024 financial guidance, citing deteriorating industry dynamics and Chinese competition. Ford shares fell 3.3% to …
Beijing’s Stimulus Blitz Sends China Stocks Skyrocketing: Is the Rally Just Beginning?
Beijing’s sweeping economic stimulus has sparked a powerful rally in Chinese stocks, sending the market soaring to levels not seen in nearly a decade. On September 30, the benchmark CSI 300 Index …
China’s Ex-Finance Deputy Urges Xi Jinping Government To Study Cryptocurrencies In Light Of ‘Latest International Changes And Policy Adjustments
In an intriguing development, Zhu Guangyao, China’s former Vice Minister of Finance, has called on the Xi Jinping administration to delve deeper into the study of cryptocurrencies, emphasizing the …
China’s grip on key tech materials exposes risks of Western dependence
Gallium and germanium, indispensable for advanced Western technologies, are largely sourced from China. Beijing’s imposition of export controls on these elements has made Western firms nervous – as …
China’s Ex-Finance Deputy Urges Xi Jinping Government To Study Cryptocurrencies In Light Of ‘Latest International Changes And Policy Adjustments
In an intriguing development, Zhu Guangyao, China’s former Vice Minister of Finance, has called on the Xi Jinping administration to delve deeper into the study of cryptocurrencies, emphasizing the …
China’s central bank buys 200 bln yuan of sovereign bonds in September
The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the country’s government bonds in open-market operations in.
The $1,000 ‘Micro’ Handbags Luxury Brands Are Pinning Their Hopes On
To spot a potential comeback story in the luxury goods industry, look for the brand with the smallest handbags.Luxury companies have a lot riding on the “super mini” purses and $1,200 wallets on a …
Chinese electric vehicle stocks rip big gains again on stimulus exuberance
The Shanghai Composite Index registered its ninth straight day of gains, with an 8.1% rise, just as the market starts its week-long China National Day holiday. The blue-chip CSI 300 Index rallied 8.5% …
vivo Unveils Funtouch OS 15: New Era of Smooth
SHENZHEN, China, Sept. 30, 2024 /PRNewswire/ — vivo today announced the launch of Funtouch OS 15 for users in international markets, ushering in a new era of smooth and an enhanced mobile experience.
Nvidia shares fall and its Chinese rivals soar after Beijing urges AI companies to look elsewhere for chips
Nvidia’s share price has taken a knock, and its Chinese chipmaking rivals have soared, after Beijing reportedly discouraged Chinese AI companies from buying Nvidia’s chips. Bloomberg reported on …
