Financial Leasing Co announced on Monday it had agreed with Boeing Co (BA) to cancel the purchase of 29 undelivered 737 MAX jets in the latest blow to the aerospace company.The move comes after the…
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China hit by floods, landslides and heat as extreme weather takes its toll
Chinese hacker arrested over U.S. COVID-19 cyberattacks and data theft
Nvidia’s Jensen Huang plans Beijing trip ahead of new China AI chip launch
Live updates: Trump says in audio that he threatened to bomb Moscow and Beijing; more tariff rates released
Live updates: Trump told donors he threatened to bomb Moscow and Beijing, audio reveals
Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems
Live updates: Trump told donors he threatened to bomb Moscow and Beijing, audio shows
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China Development Bank, General Electric Cancel Boeing 737 MAX Jet Order
China says condemns some western politicians’ interference in Hong Kong affairs
China’s foreign ministry said on Monday it condemns certain western politicians’ interference in China’s internal affairs, responding to criticism by foreign governments of the arrests of 15 Hong Kong … ( read original story …)
German Cases Slow; China Lab Denies Outbreak Link: Virus Update
Signs emerged that the global pandemic is easing in some hot spots, as regions from Spain to New York saw a slowdown in fatalities. ( read original story …)
Declining Stock and Solid Fundamentals: Is The Market Wrong About IMAX China Holding, Inc. (HKG:1970)?
IMAX China Holding (HKG:1970) has had a rough three months with its share price down 34%. However, stock prices … ( read original story …)
China’s Alibaba to invest $28.2 billion in cloud infrastructure as it battles Amazon, Microsoft
Alibaba has put a concerted effort on cloud computing and analysts as well as executives see it becoming a critical area in the future, despite it currently accounting for just 7% of total revenue. (…
Passiveness or unclear Legco rules? All eyes on Hong Kong pro-Beijing bloc’s next move over gridlocked House Committee chair election
Amid the gridlock, 14 bills and 89 pieces of subsidiary legislation are held up, including a national anthem bill that, observers say, is testing Beijing’s patience Central government agencies have … ( read original story…
Asian shares mixed as oil prices fall back; China cuts rate
Shares were mixed in Asia on Monday after China cut a key interest rate to help cushion the impact of the pandemic on its economy. Benchmarks rose Monday in Hong Kong … ( read original…
China shows that currency stability suits its purposes best: Strategist
Despite the coronavirus outbreak originating from China, the Yuan has been moving through the crisis in a very tight range. Ray Attrill of NAB says China is showing that currency stability is the … (…
New Zealand to Ease Lockdown; China Vows Stimulus: Virus Update
Signs emerged that the global pandemic is easing in some hot spots, as regions from Spain to New York saw a slowdown in fatalities, though some Asian countries wrestled with worsening conditions. ( read original…
Asia Pacific stocks mixed as China cuts loan prime rates; US crude plummets
China cut its one-year loan prime rate to 3.85% from 4.05%. The five-year loan prime rate was also reduced to 4.65% from 4.75%. The moves marked the second cut to the loan prime rates for…
Singapore, India Cases Rise; China Vows Stimulus: Virus Update
Signs emerged that the global pandemic is easing in some hot spots, as regions from Spain to New York saw a slowdown in fatalities, though some Asian countries wrestled with worsening conditions. ( read original…
China Reports 12 New Mainland Coronavirus Cases on April 19, Eight Imported
China reported 12 new confirmed coronavirus cases on April 19, down from 16 a day earlier, with no new deaths, the country’s health authority said on Monday. Of the total, eight were imported, down ……
China cuts benchmark rate for second time this year as expected
China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. ( read original story…
