China’s central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency.
Monthly Archives For January 2025
U.K. finance chief heads to Beijing amid Chinese spying allegations
LONDON — British finance minister Rachel Reeves’ trip to China this weekend is part of the new Labour government’s push for reengagement with Beijing, but it comes at a delicate time after fresh …
Uniqlo owner falls most in five months on China concerns
Analysts indicated concern over China, where sales declined 1% compared to a year earlier, their first contraction in eight quarters.
China’s Dec exports likely gained momentum ahead of tariff uncertainty: Reuters poll
China’s exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ahead of U.S. President-elect Donald Trump’s return to the White House …
China’s SAIC to deepen cooperation with CATL on battery, overseas expansion
Chinese automaker SAIC said on Friday that it will deepen cooperation with electric vehicle battery giant CATL in areas including the battery after market for parts and components and overseas …
A cut undersea internet cable is making Taiwan worried about ‘gray zone’ tactics from Beijing
When a Taiwanese telecoms company detected that an international undersea cable was damaged earlier this month, it worked to divert internet traffic from the broken line to keep customers on the …
Reeves heads to China amid market trouble at home
The Chancellor Rachel Reeves is travelling to China in a bid to boost trade and economic ties, as she faces pressure over government borrowing costs hitting their highest level in years. The three day …
China’s Dec exports likely gained momentum ahead of tariff uncertainty
China’s exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ahead of U.S. President-elect Donald Trump’s return to the White House …
China’s central bank halts treasury bond buying citing short supply
China’s central bank said on Friday it has decided to suspend treasury bond purchases temporarily due to short supply of the bonds, triggering a jump in yields across tenors.
Sunac China shares plunge after liquidation petition filed against developer
Sunac China shares dropped as much as 30% on Friday after a liquidation petition was filed against the indebted developer, making it the latest company to face such a move amid an unprecedented debt …
Crypto is Booming in China as Asia Leads with 60% of Global Users
Asia leads global crypto adoption with 60% of users, driven by booming markets in China and Singapore’s payment innovations.
Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express
China banker says Trump’s Bitcoin plan contradicts his US dollar dreams as Hong Kong busts tech savvy pig butchers. Asia Express …
Why Close Trade Partners China and Japan Can’t Get Along
China and Japan are two of Asia’s most powerful nations and the region’s biggest trading partners. Yet centuries of intense rivalry mean their economic embrace can never be taken for granted. Disputes …