Oil prices surged on Monday, U.S. stock futures slid while those in Asia charged higher as investors took stock of the contrasting fortunes between the United States and the rest of the world.
Monthly Archives For March 2025
China Home Prices Fall at Faster Pace Despite Revival Efforts
China’s home prices fell at a quicker pace in February, worsening for the first time in six months despite the country’s latest efforts to prop up the market.
China unveils childcare subsidies and income boost in new stimulus plan
The initiative comes as consumer spending remains subdued after a slow recovery from COVID-19 disruptions and a prolonged property market slump.
China February bank lending slows more than expected as US tariffs add to uncertainty
BEIJING] New bank lending in China tumbled more than expected in February from a record high the previous month, even as policymakers seek to shield the economy from an escalating trade war with the …
China’s new home prices fall in February
China’s new home prices dropped 0.1% in February, official data showed on Monday, as demand in the crisis-stricken sector remains subdued despite the government’s promises of more stimulus measures.
Spark Study Buddy (Explorer): China teen designs foldable mobile phone
[1] A secondary school student in China has used a 3D printer and parts of an old smartphone to make a vertical foldable mobile phone. The student has received a lot of praise on social…
China’s high-tech path to a greener, brighter future
In the semiconductor industry, for instance, China has intensified efforts to develop home-grown alternatives to foreign chip technology, while major State-led initiatives and investments are …
China unveils plan to boost domestic consumption
BEIJING] China on Sunday (Mar 16) unveiled an action plan it hopes will help Beijing to overcome stubbornly low consumer demand and meet its ambitious growth target, state news agency Xinhua reported.
Beijing cracks down on stock market misinformation
SHANGHAI: China’s securities watchdog has stepped up monitoring of fake information in the stock market and is working with the police and cyberspace regulators to crack down on those who disseminate …
Nanshan Aluminium looking to raise up to $358 million in Hong Kong IPO
(Reuters) -China-based Nanshan Aluminium, an affiliate of Malaysia’s Press Metal is seeking to raise up to HK$2.78 billion ($357.7 million) in a Hong Kong initial public offering, according to a …
China puts American AI industry on notice yet again with ‘Ernie X1,’ Baidu’s new open-source reasoning model
Chinese tech giant Baidu has released open-source AI models Ernie X1 and Ernie 4.5, intensifying competition with US AI companies.
China’s space tech leap shakes global power dynamics
Chinese technology may revolutionize space flights. The recently patented on-orbit refueling has disrupted the global balance of power and raised particular concern in the USA. What do you need to …
Chinese cities strengthen policy efforts to help stabilize real estate market
Shenzhen, South China’s Guangdong Province, on Sunday announced plans to raise the maximum housing provident fund loan to 2.31 million yuan ($319,155), while further lowering the minimum down payment …