Taiwan grabs the financial market’s attention as the biggest macro risk of the day.
FINANCE
What Biden should do to stop China from controlling Panama Canal
Unfortunately, the financial sector, the tourism sector, and the logistic sectors were greatly impacted. President Cortizo and his administration have taken a “slower” approach to China in comparison …
China’s Belt And Road Grapples With Mounting Debt Crisis, Impacting Central Asia, Pakistan, And Beyond
As Kyrgyzstan and Pakistan deal with paying back their large Chinese loans amid growing economic pressure, the Belt and Road is having to adapt to a cascade of countries in economic distress and …
JPMorgan’s China Calls Show Market Timing Is Tough
Predicting the returns of Chinese technology stocks is harder than ever in an age of shifting government policy, rising interest rates and cooling economies. Most Read from BloombergYou Won’t Like …
The Telltale Pattern Behind Britain’s China Policy
The cycles of London’s engagement with Beijing reveal how the U.S.’s ability to keep allies in line for its great-power competition is weakening.
Stocks Drop as US-China Tension Stirs Haven Demand: Markets Wrap
Stocks and US equity futures slid Tuesday amid escalating US-China tension over Taiwan and deepening worries about a global economic slowdown, driving investors into the safety of government …
Futures fall as U.S.-China tensions grow
Qualcomm, Intel Corp, Advanced Micro Devices, Micron Technology Inc and Nvidia Corp were down between 1.3% and 2%. The CBOE volatility index, also known as Wall Street’s fear gauge, rose to 24.50 …
China’s state-run semiconductor fund engulfed in scandal as Beijing probes three senior executives for alleged corruption
Ding Wenwu, former Big Fund president, was being investigated for ‘serious violations of discipline and laws’, a term that usually refers to corruption Spurred by Beijing’s push, provincial …
China’s central bank pledges stronger credit support for enterprises in H2
BEIJING – China vowed to maintain sufficient liquidity and step up credit support to enterprises in the second half of the year, as part of efforts to consolidate the growth momentum of its economy, …
Weekly Global News Wrap: Depositors hit by China’s banking fiasco to be repaid; HSBC pays £1500 to staff to help with living costs
And India’s Yes Bank is selling up to a 10% stake for $1.1b. From Reuters: HSBC will pay some of its British workforce a one-off payment of £1500 ($1,830) to help them deal with the…
China in Longest Streak of Liquidity Withdrawals Since February
The People’s Bank of China withdrew a net three billion yuan ($442 million) in open market operations on Tuesday, taking the total withdrawals since July 25 to 18 billion yuan. That’s the longest …
China to Resolve Risks in Property Market, Ensure Liquidity in Second Half, PBOC Says
In the second half, the central bank will ensure sufficient liquidity by using a variety of monetary policy tools, guide interest rates downward, keep the Chinese yuan exchange rate stable and support …
Pelosi’s Taiwan Trip Raises Angst in Global Financial Markets
Traders are bracing for US House Speaker Nancy Pelosi’s expected arrival in Taipei Tuesday to raise tensions with China, with Taiwan’s stocks sliding and global havens the yen and Treasuries …
