From Covid-19 pandemic support to education for impoverished children, high-profile celebrities in China are making a difference through charity It could be the Ice Bucket Challenge or straightforward …
Monthly Archives For October 2024
China’s listed companies rush to tap central bank funding for share purchases
More than 20 Chinese listed companies have announced plans to tap special central bank lending for share purchases, according to exchange filings, days after the People’s Bank of China (PBOC) kicked …
China’s surplus crude oil hits nearly 1 million bpd for September: Russell
The weak position of China’s crude oil sector was underlined by September data showing a sixth consecutive monthly drop in refinery processing, leading to nearly 1 million barrels per day of oil being …
China cuts benchmark loan prime rates by 25 bps
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
1st China-Europe freight train for CIIE 2024 arrives in Shanghai
The first “Jinbo” China-Europe freight train carrying exhibits for the 7th China International Import Expo (CIIE) arrived at the Minhang Station in Shanghai on Sunday, marking the fourth consecutive …
China Traders Bet PBOC Will Keep Yuan in Hand Even If Trump Wins
China’s domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the US presidential election period.
China Traders Bet PBOC Will Keep Yuan in Hand Even If Trump Wins
China’s domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the US presidential election period.
Chinese Non-Bank Liquidity Tightens as Investors Rush to Stocks
Liquidity conditions at China’s non-bank financial institutions have tightened this month as traders redeemed cash to ride the upswing in local shares.
IPOs gearing up for blockbuster week
Asia’s stock markets are gearing up for their busiest week of listings in more than two years, offering a crucial test of demand as companies rush to raise money before the US election.
Will Hyundai’s record IPO in India overcome tepid demand and deliver a strong debut?
Hyundai Motor Co.’s Indian arm is experiencing a rocky start as its monumental $3.3 billion initial public offering (IPO) struggles to captivate investor interest amid a challenging market landscape.
China sets new world record with 800,000 times more magnetic field than Earth’s
Chinese scientists have reportedly created the world’s strongest resistive magnet, which produced a steady magnetic field of 42.02 Tesla. This magnetic field is more than 800,000 times stronger than …
Bernard Arnault’s LVMH Sees Sales Drop In China. Should It Be Worried?
Given LVMH’s status as an industry bellwether, its drop in sales is notable But are China’s ongoing economic headwinds to blame or shifting consumer habits?
Mental Outlaw Challenges China’s Alleged Encryption Breakthrough, Cites Quantum Challenges
Researchers at Shanghai University recently claimed to have cracked RSA encryption algorithms used in banking, military, and crypto.
