Iron ore futures prices dropped more than 1% on Thursday, pressured by escalating tariff measures against Chinese steel and an increase in iron ore imports into top consumer China. The most-traded May …
Monthly Archives For February 2025
China steps up scrutiny of capital flows as yuan depreciates
Chinese authorities are rolling out fresh measures to limit capital flight, including increased scrutiny of overseas investments, as the yuan currency comes under mounting pressure. President Donald …
Deepseek launches China as big AI player: Wedbush’s Dan Ives
Dan Ives, Global Head of Technology Research at Wedbush Securities, talks about how Deepseek has transformed China’s role in the global AI revolution, where Alibaba fits into it, and the new ‘arms war …
Nvidia CEO says AI innovations like China’s Deepseek show how ‘software finds a way’ amid US export controls
Nvidia CEO Jensen Huang told CNBC that US export controls on China have hurt his business, but Chinese companies will find ways to innovate.
China’s solar expansion to slow for first time in six years, industry body says
China’s rapid solar expansion is expected to slow this year for the first time since 2019, as the industry’s growth moderates, according to an industry association forecast on Thursday.
Battle for scraps of China’s collapsed developer Evergrande intensifies
Oaktree Capital Management LP, run by billionaire Howard Marks, is maneuvering for advantage by seeking claim to Evergrande assets outside the Hong Kong liquidation process …
Budget 2025: Pro-Beijing lawmakers praise budget, as Democratic Party urges pay cut for senior officials
Hong Kong’s Democratic Party has criticised the financial secretary’s new budget, saying senior officials’ salaries should be cut, not just frozen – in contrast to a thumbs up given by many …
Chinese bubble tea maker sets Hong Kong IPO financing record
In its current IPO, Mixue Bingcheng, headquartered in Zhengzhou, capital city of Central China’s Henan province, plans to issue about 17.0599 million shares, with 1.706 million shares allocated to the …
Nvidia CEO Huang: Revenue in China before export controls was twice as high as it is now
Jensen Huang, Nvidia CEO, joins CNBC’s Jon Fortt for a special report following Nvidia’s quarterly report. Lester Holt, the anchor and managing editor of “NBC Nightly News” for a decade, announced …
‘China is the real winner’: Trump’s reversal in Ukraine aids Beijing, Western officials say
With American reliability in doubt, some European nations and other countries may seek alternative partners and markets, possibly in China, current and former Western diplomats say.
Democratic senator urges Trump Commerce nominee to take hard line on China
A senior Democratic senator on Wednesday urged President Donald Trump’s nominee to lead the Commerce Department’s Bureau of Industry and Security to take a tough line on China, citing Chinese startup …
China Quant Says Funds Must Adopt AI to Survive After DeepSeek
China’s financial and asset management industries are already rushing to leverage DeepSeek’s R1, with dozens having integrated the AI reasoning model into their own systems to reduce costs and boost efficiency. For quants, the ability…
The plan to confront China and kick out companies controlled by the Chinese Communist Party from the U.S.
Sarah Huckabee Sanders has announced new legislation to shut down programs sponsored by China and stop China state-owned businesses from operating in Arkansas.