With China becoming Indonesia’s reliable source of investment, the country’s chemical industry is witnessing a stronger growth path. That was the message conveyed by speakers and participants at a …
Monthly Archives For November 2024
China expectedly keeps benchmark lending rates steady as Beijing assesses stimulus measures
The People’s Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.
Japan exports rebound on China chipmaking demand but Trump tariff risks loom
Japan’s exports expanded faster than expected in October, led by a pick-up in chip equipment demand in China, though fears persist over potential U.S. protectionist trade policies that could hamper …
Strike at French cognac maker Hennessy over measures in China spat
Hundreds of employees of French cognac maker Hennessy, part of the LVMH group luxury empire, went on strike on Tuesday to protest measures the brand plans to employ to circumvent Chinese tariffs …
China property: Shenzhen joins Beijing and Shanghai in offering tax breaks to boost sales
Authorities in Shenzhen, China’s technology hub and home to giant companies such as Tencent Holdings and BYD, late on Tuesday said homeowners no longer have to pay value-added tax when reselling their …
China holds its benchmark lending rates as Beijing assesses stimulus measures
The People’s Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.
Japan Exports Rebounded in October on China Shipment Recovery
Exports rose 3.1% in October from a year earlier, compared with a 1.7% drop in September. Economists polled by data provider FactSet had forecast a 3.9% increase. Shipments to Chi …
China’s SpaceSail to Challenge Elon Musk’s Starlink in Brazil
Elon Musk’s Chinese rival in the satellite internet business plans to start operations in Brazil in 2026, the head of the Shanghai-based company told Bloomberg News Tuesday.
Oil nudges up on escalating Ukraine war, signs of improving China demand
Oil edged up on Wednesday amid an escalation in the Ukraine war and signs of growing Chinese crude imports, while rising U.S. crude stocks checked overall price gains.
Southeast Asian Defense Chiefs Meet in Laos as Maritime Disputes With China Are Flaring
Southeast Asian defense chiefs and representatives are meeting in the Laotian capital for security talks at a time of increasing maritime disputes with China in the Asia-Pacific and as the transition to a new U.
China Mobile Discusses Potential Deal for Internet Provider HKBN
China Mobile, the world’s largest wireless carrier by subscribers, is in talks on a potential acquisition of Hong Kong broadband provider HKBN Ltd. as it looks to expand its footprint in the city.
USGS: China export bans could cost US billions
Federal officials released research Tuesday that shows how costly and disruptive China’s exports bans could be on the nation’s economy and security.
Asia Crypto Hotspots Reap Gains From Record Rally Sparked by US
A record-breaking crypto rally born in the US is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than $1 billion and a surge in digital-asset…
