China’s banking and insurance watchdog is telling banks to scale back on high-yield structured deposits marketed to companies, three sources told Reuters on Wednesday, seeking to redivert funds to … ( read original story …)
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U.S.-China tensions shouldn’t stop Asian stocks from outperforming, UBS says
Any potential move that U.S. President Donald Trump may take against China will likely be “more bark than bite,” said Kelvin Tay, regional chief investment officer at UBS Global Wealth Management. ( read original story…
Australian economy would suffer if China students stay away
Australia’s economy, facing its first recession in 30 years because of the coronavirus, would suffer if Chinese students heeded a warning from their government to stay away because of racist incidents … ( read original…
Vroom to the moon: Stock soars 118% in best tech IPO pop since 2018
Stock soars 118% in best tech IPO pop since 2018 originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com. Investment Disclosure: The information and … ( read original story …)
China dismisses as ‘ridiculous’ a Harvard study suggesting virus was spreading in Wuhan in August
The study’s authors said increased hospital traffic and symptom search data in Wuhan preceded the documented start of the coronavirus pandemic in December 2019. ( read original story …)
Central Bank Reprieve, Fed Policy Levers, China’s Risks: Eco Day
Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: … ( read original story …)
Universities hit back at China’s ‘unjustified’ warning to students that Australia is unsafe
Group of Eight chief executive, Vicki Thomson, labels China’s statements as ‘disappointing’ and ‘demonstrably untrue’ … ( read original story …)
China’s factory gate prices fell in May due to weak global demand
China’s producer price index fell 3.7% from a year earlier in May, according to data from the country’s National Bureau of Statistics. ( read original story …)
China producer price deflation deepens on global demand slump
China’s May factory gate prices fell by the sharpest rate in more than four years, underscoring pressure on the manufacturing sector as the COVID-19 pandemic reduces trade flows and global demand. ( read original story…
Asia Pacific stocks edge higher; China’s inflation data misses expectations
Chinese inflation data for May missed expectations. The Producer Price Index for May fell 3.7% from a year earlier, according to China’s National Bureau of Statistics. That was a larger decline that … ( read…
Russia, China build case at U.N. to protect Iran from U.S. sanctions threat
Russia and China have started making the case at the United Nations against Washington’s claim that it can trigger a return of all sanctions on Iran at the Security Council, with Moscow invoking a ……
Kill the Carrier: The DF-100 Anti-Ship Missile Is Crucial To China’s Pacific Plans
What is clear, however, is that the Chinese government is telling the world that the DF-100 is a hypersonic, regional-level anti-ship missile that will impose a new, challenging threat-vector for long … ( read original…
COVID-19 magnifies challenges to business in China: European business group
The COVID-19 epidemic has exacerbated already worrisome trends to doing business in China amid slowing revenue growth, regulatory obstacles and the clout of the state-owned sector, a European business … ( read original story …)
