China’s Golden Week holiday has seen a surge in consumer spending, which could provide further momentum to European luxury markets. View on euronews
BUSINESS
German carmakers are wary of ‘adverse spiral’ of reaction after European tariffs on Chinese EVs, ING analyst says
Rico Luman, senior economist on transport and logistics at ING, says there might be more production of electric vehicles in Europe by Chinese brands, as the case for local manufacturing is boosted by tariffs.
China to impose anti-dumping measures on EU brandy
China has imposed temporary anti-dumping measures on brandy imports from the European Union (EU), hitting brands from Hennessy to Remy Martin. The …
China Slaps Provisional Tariffs on EU Brandy Imports — Update
China is readying provisional tariffs on European brandy, reversing its previous stance just days after the European Union decided to impose duties on Chinese electric vehicles. The antidumping …
Bullish Bitcoin Hopes Dented as China Eases Stimulus Plans
The lack of new measures and announcements of new stimulus at a Chinese briefing today pared hopes of a long-drawn stimulus package – one that contributed to a bitcoin run in the past few weeks.
China slaps provisional duties on EU brandy in retaliatory trade strike
Beijing will impose provisional measures against imports of European brandy starting this week, the Chinese Commerce Ministry announced Tuesday, in a first retaliatory move after EU countries voted …
China rally may continue till December before fading away next year, says Sandeep Bhatia of Macquarie Capital
The nature of selling in India has been such that it is seeing both hedge funds as well as long-only fund pull out right now, which Sandeep Bhatia said was partly due to profit booking,…
China slaps anti-dumping measures on brandy imports from EU
China on Tuesday announced provisional anti-dumping measures on brandy imports from the European Union, according to a statement from the Chinese commerce ministry, reversing an earlier move amid …
European luxury businesses set for boost from China’s Golden Week
China’s Golden Week holiday has seen a surge in consumer spending, which could provide further momentum to European luxury markets. View on euronews …
FTSE 100 Live 08 October: Index seen lower amid volatile China trading, Imperial Brands update
The FTSE 100 index is set to fall by about 53 points to 8251 after leading US benchmarks last night closed about 1% lower. The Wall Street slump on expectations of higher-for-longer interest rates was…
China gives $28 billion to local governments as it vows to meet economic targets
China has set aside 200 billion yuan ($28 billion) for investment projects by local governments this year, as it promised to meet its own ambitious economic growth targets.
Ares Is Said to Agree on Acquisition of GCP’s Ex-China Business
Ares Management Corp. has agreed to acquire GLP Capital Partners Ltd.’s operations outside of China, people familiar with the matter said, in what could rank as one of the biggest recent combinations in the alternative…
4 reasons why China’s blistering stock rally has another 20% to run, Goldman says
China’s stock rally could extend another 15% to 20%, Goldman Sachs says. The country’s equity indexes have jumped dramatically since Beijing announced major stimulus policies. Goldman highlighted out still-low valuations and diminishing risk as tailwinds…
