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Monthly Archives For October 2024
Efforts by Russia, Iran and China to sway US voters may escalate, new Microsoft report says
A new threat intelligence report from Microsoft says foreign adversaries have showed continued determination to influence the U.S. election and there are signs their activity will intensify as Election Day nears.
European Firms Exposed to China at Most Risk From Trump Presidency, Norway Fund Official Says
OSLO (Reuters) -European companies that deal closely with China would be most negatively affected by a Republican victory at the upcoming U.S. election given Donald Trump has said he would hike tariffs on Chinese products,…
AkzoNobel misses Q3 forecasts as China’s real estate slowdown drags paint sales
By Anna Peverieri and Dimitri Rhodes (Reuters) -Dulux paints maker AkzoNobel missed expectations for third-quarter revenue and earnings on Wednesday, as China’s weak real estate market weighs on the sales of its decorative paints.
The Feds’ Chinese Investment Ban Will Harm America, Not China
The Treasury’s Office of Investment Security (OIS) is set to publish its final rule restricting U.S. investments in certain technologies in China and
China to formulate action plan for manufacturing industry’s green, low-carbon development
BEIJING — China’s Ministry of Industry and Information Technology (MIIT) will formulate an action plan for green and low-carbon development of the manufacturing industry, a spokesperson said Wednesday.
Gucci-owner Kering posts 16% fall in Q3 sales on weak China demand
French luxury goods group Kering warned on Wednesday its full-year operating income would almost halve after reporting a larger-than-expected drop in third quarter sales, as weak demand in China …
China Market Update: Hong Kong IPOs Take Flight
Asian equities were mixed overnight despite a stronger US dollar. Hong Kong and South Korea outperformed, while Thailand was closed for Chulalongkorn Day, a national holiday commemorating His Majesty …
New US president must send Beijing, Taiwan clear signals to cut ‘escalation risks’: report
European think tank says Washington’s dual deterrence strategy is ‘the only viable basis for preserving peace across the Taiwan Strait’.
China’s Economic Struggles: Why Cutting Rates Isn’t Enough To Boost Steel Demand
China cut down its benchmark lending rates, but the expected boost isn’t happening. WSA predicts that steel demand outlook in China will be less than half of global steel consumption.
China Sails Aircraft Carrier Through Contested West Pacific Waters
The Defense Ministry of Taiwan reported on Wednesday that a Chinese naval fleet, led by aircraft carrier CNS Liaoning, passed through the 110-mile-wide waterway northward. It said the island’s armed …
China’s gold ore and concentrate imports plummet on planned rule change, sources say
China’s imports of gold ore and concentrate plummeted in September because of a proposed rule change that could result in a substantial rise in tax liabilities for buyers, four sources with knowledge …
Energy markets are ‘schizophrenic’ amid rising geopolitical tensions and China’s stimulus, energy expert says
Energy traders’ attention is split between Middle East tensions and China’s economic stimulus as both have the potential to impact prices, Dan Yergin said.
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