Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was the world’s wealthiest person. Fast forward to Wednesday and a slump in Chinese demand for Louis…
Monthly Archives For October 2024
‘Trump trade’ lifts dollar, Asia stocks await China news
Asian shares steadied on Thursday ahead of a housing policy briefing in China that has raised expectations of support for the ailing property sector, while the dollar stood near 2-1/2 month highs on the prospect…
Kasatkina vs. Putintseva Prediction: WTA Ningbo, China Women Singles 2024 2024
In the quarterfinals at the WTA Ningbo, China Women Singles 2024 on Thursday, Daria Kasatkina (ranked No. 11) meets Yulia Putintseva (No. 32). Watch tennis, other live sports and more on Fubo. Use our link…
Technology ‘smartly’ steers future of Youyi Farm in Heilongjiang
The “Smart Management Platform” and its mini app, Zhongke Sinong, have been deployed at Youyi Farm, China’s largest farm covering 188,800 hectares of arable land. The farm is pioneering the use of intelligent agriculture to…
Hesai returned to US list of firms alleged to help Beijing’s military
The U.S. Defense Department removed lidar maker Hesai Group from a list of companies allegedly working with Beijing’s military, but will immediately relist the China-based firm, according to a court …
Dollar hovers near 11-week high, eyes on China property briefing
The dollar held near an 11-week high on Thursday as uncertainty over the upcoming U.S. election looms and as resilience in the U.S. economy added to bets the Federal Reserve will be less aggressive in…
Pentagon Removes Lidar Maker Hesai From US List of Firms Alleged to Help Beijing’s Military
WASHINGTON (Reuters) – The U.S. Defense Department removed China-based lidar maker Hesai Group from a list of companies allegedly working with Beijing’s military, according to a letter sent to …
Renewal of US-China science pact is said to be close, but may hold until after Election Day
Both sides seem poised to renew a landmark agreement from 1979, sources say, but anti-China feelings in Washington make it hard to say when.
China buys fewer peas
Pea imports are way down so far this year in one of Canada’s top markets. China bought 657,000 tonnes of the crop during the first half of the …
China and Thailand begin latest joint military drills as Beijing boosts defence ties
China and Thailand emphasised counterterrorism operations as their militaries kicked off an 11-day joint training exercise in the Chinese city of Kunming on Tuesday, with drills that feature …
‘China is our enemy’: GOP lawmaker shoots down Chinese spy balloon in new ad
It’s a callback to when a suspected Chinese spy balloon entered U.S. airspace and subsequently floated across multiple states, at a level low enough to be seen with the naked eye, before being shot …
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH’s commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth in recent years.
China’s stock-market pullback offers ‘secondary entry point’: BTIG’s Krinsky
Investors in exchange-traded funds tracking China stocks may be feeling some motion sickness after the country’s stock market rocketed higher late last month in the wake of fresh stimulus measures and …
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