U.S. stock futures declined Monday morning to follow global equities lower, as concerns over an escalating COVID outbreak in China added to jitters over U.S. economic growth in the face of heightened …
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European Shares Tumble As China’s COVID Crisis Worsens
European stocks tumbled on Monday to hit one-month lows due to worries surrounding China’s Covid resurgence, runaway inflation and the expected response by global central banks. In economic releases, …
It’s all gone bad for ChiNext stocks as lockdowns drag China’s start-up champions deeper into bear market
To see the impact of Covid-19 lockdowns on investor confidence, take a look at the stunning losses among China’s biggest start-up firms in Shenzhen, the primary technology hub in southern Guangdong …
Investors are ditching China at an unprecedented scale
Investors are fleeing China in record numbers as a combination of political and corporate dangers, as well as rising interest rates overseas, make the world’s s …
Ships Refueling in China Show How Congestion Is Reshaping Demand
Port congestion in China is prompting more vessels to refuel at the country’s ports as the worsening Covid-19 outbreak forces the reconfiguration of shipping routes. Most Read from BloombergUkraine …
Oil falls 4% as China COVID outbreak sparks demand fears
Brent crude oil took a back foot on Monday amid concerns that China’s COVID lockdowns will dampen demand and economic growth. The oil benchmark fell to $102.17 per barrel on the …
Beijing districts placed under lockdown as cases mount
China’s capital Beijing began testing millions of residents and shutting down residential and business districts Monday amid a new outbreak of COVID-19. While only just more than 40 cases have been …
The week in review: Beijing investigates CMB president
This round-up focuses on an investigation into one of the most high-profile Chinese bankers by the country’s top anti-corruption agency …
Is China still a good investment amid Covid and Russia’s war?
Investors are ditching China at an unprecedented scale as a cocktail of political and business risks, and rising interest rates elsewhere, make the world’s second biggest economy a less attractive …
China Looks to Sell Spare LNG as Virus Lockdowns Hit Demand
China, the world’s biggest importer of liquefied natural gas, is trying to sell some spare supply due to fears that demand-sapping virus lockdowns could spread from Shanghai to other parts of the …
Foreign investors are ditching China. Russia’s war is the latest trigger
By Laura He, CNN Business Investors are ditching China at an unprecedented scale as a cocktail of political and business risks, and rising interest rates elsewhere, make the world’s second biggest …
Beijing leads China in financial competitiveness
Photo/VCG] Beijing was the leader in financial competitiveness in Chinese cities last year, followed by Shanghai and Shenzhen, accordi …
China Begins Mass Testing Beijing’s Biggest District After Raising Alarm About Undetected Covid Spread
ToplineOfficials in Beijing will require the people who reside or work in Chaoyang—the city’s main business district—to undergo three Covid-19 tests this week starting on Monday, a move that comes …