Asian stocks hardly budged in early holiday-thinned trade on Monday, with investors nervous as to how markets in mainland China would react to government economic stimulus promises over the weekend …
Monthly Archives For October 2024
Oil prices fall by more than $1 on deflation worries in China
Oil prices fell by more than $1 a barrel, losing over 1.5% in early trading on Monday, after disappointing Chinese inflation data and a lack of clarity on Beijing’s economic stimulus plans stoked …
Analysis-Lessons from Iran missile attacks for defending against China’s advanced arsenal
Iran’s missile barrage this month against Israel, after a similar large-scale attack in April, shows the value, as well as the shortcomings, of U.S and allied missile defences in a potential …
Budget brands are winning in China as people turn to cheap food and fashion
Companies with wallet-friendly offerings are reporting strong sales in China.
Macao’s former top judge is chosen as the Chinese casino hub’s first leader born in mainland China
MACAO — Macao’s former top judge, Sam Hou Fai, was chosen as the Chinese casino hub’ s next leader in a largely ceremonial election on Sunday, setting him up to become the city’s first chief…
Goldman Sachs raises China’s GDP forecast to 4.9% in 2024
Goldman Sachs raised China’s gross domestic product forecast to 4.9% from 4.7% for 2024, according to a research note, citing the government’s latest round of stimulus measures.
Vietnam, China Sign 10 Deals Including Agri Trade to Payment as Leaders Meet
HANOI (Reuters) -Vietnam and China signed 10 agreements ranging from agriculture cooperation to cross-border QR code payments on Sunday, during Chinese Premier Li Qiang’s three-day visit to Hanoi, as the two neighbours seek to boost…
Iron Ore Drops as China’s Stimulus Disappoints Fiscal Bulls
Iron ore futures dropped after China stopped short of unveiling fresh fiscal stimulus to shore up the economy.Most Read from BloombergDubai’s Allure to Expats Is Weighing on City’s InfrastructureThe Master Plan That Shaped Pakistan’s Capital…
The dangers of China’s cyber-nationalism
For years, posts related to events during World War Two have proliferated on the Chinese internet, with the Japanese invasion during the war remaining a sensitive topic for nationalists on both sides.
Small businesses, big challenges: The reality of China’s post-US Fed cut economy
The interest rate cuts by the US Federal Reserve will not likely be strong enough to boost China’s economy, experts told CNA, but the moves could certainly help inspire confidence as China pushes …
Beijing leaves experts wanting more action
SHANGHAI: China has moved to further ramp up support for the economy, promising more aid for the slumping property sector and indebted local governments.
Taiwan spots Chinese ships after Beijing’s ‘prepared for battle’ statements
Taiwan announced that Chinese aircraft carriers were approaching the island, reports Reuters. This happened shortly after the Chinese military released a video about them being “prepared for battle.” Taiwan reported that a Chinese aircraft carrier…
ASIA Bank results boost Wall St, China plan leaves questions
The fresh stimulus details come after Chinese stocks slumped on Friday, with the blue-chip CSI300 index (.CSI300) closing down 2.8%. For the week, the CSI300 fell by 3.3%. But the index remains up …
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