World stocks retreated from record highs on Thursday as the feelgood factor of slowing U.S. inflation and somewhat comforting Fed signals made way for a fresh bout of politics- and tariffs-induced weakness in Europe.
BUSINESS
Rich countries unite against China … sort of.
Under pressure from the U.S., the G7 is rolling out new initiatives to counter China’s economic reach. There’s little agreement on how much further to go.
China firms seek anti-dumping probe of EU pork imports, ramping up tensions
By Mei Mei Chu BEIJING (Reuters) -Chinese firms have formally applied for an anti-dumping probe into pork imports from the European Union, the state-backed Global Times reported, escalating tensions …
Bitcoin Miners Pivot to Southeast Asia After China Crackdown
Miners are setting up in pockets of Malaysia, Indonesia, Laos and Thailand after China banned the industry in 2021.
Bitcoin Miners Pivot to Southeast Asia After China Crackdown
Miners are setting up in pockets of Malaysia, Indonesia, Laos and Thailand after China banned the industry in 2021.
Trump, Former Crypto Skeptic, Is Going All Out to Win the Bitcoin Bro Vote
Trump has even sought to marry his newfound fondness for crypto with his ongoing legal troubles. He held a Mar-a-Lago dinner in May for people who bought at least 47 of his “Mugshot Edition” non-fungible…
China firms apply for EU pork import probe: report
Chinese firms have formally applied for an anti-dumping investigation into pork imports from the European Union, the Global Times newspaper said,
Eleven Chinese firms among most valuable brands in the world
Tencent, ranking 10th in the 2024 Most Valuable Global Brands list, has become the most valuable Chinese brand, followed by Kweichow Moutai, Alibaba and Douyin/TikTok.
China firms apply for anti-dumping probe of EU pork imports, Global Times says
Chinese firms have formally applied for an anti-dumping investigation into pork imports from the European Union, the state-backed Global Times said, after the bloc’s decision to impose anti-subsidy duties on Chinese-made electric vehicles.
Tesla could come out on top after the EU cracks down on Chinese EVs
Elon Musk might be about to outmaneuver Tesla’s Chinese EV rivals in Europe. The European Commission confirmed Wednesday that Tesla — which manufactures EVs for the European market at its Shanghai gigafactory — may receive…
Chinese tech stars Alibaba, JD fuel convertible bond surge, likely ‘precursor’ to IPO rush
Trip.com and Lenovo Group have also joined in to drive a combined US$10.5 billion in convertible bond offerings in the past two weeks A recent boom in convertible bond sales is kindling hopes that …
Foreign CEOs Slightly More Confident About Business in China
Top foreign executives in China grew marginally more confident in the mainland … There was a small uptick in sentiment about current and future business conditions among the country heads of mostly …
China’s ‘super apps’, visa-free travel help send high fives – and cash – to Singapore goalie
A Muslim food stall owned by footballer Hassan Sunny has been inundated with gracious Chinese fans who also took advantage of a new visa-free-travel policy with Singapore.
