China’s central bank on Friday set the official midpoint reference for the yuan at 7.0136 per dollar. The People’s Bank of China allows the local currency to fluctuate against the greenback within a … (…
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China fixes its yuan midpoint at 7.0136 per dollar, setting it weaker than 7 for the second time this week
Should You Be Tempted To Sell China Financial Services Holdings Limited (HKG:605) Because Of Its P/E Ratio?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We’ll show how you can use China Financial Services Holdings Limited’s (HKG:605) P/E ratio … (…
Mobile giant hit by cost and market pressures
Stella Zhai Net profit at China Mobile (0941) for the six months ended June dropped by 14.59 percent from a year ago to 56.06 billion yuan (HK$62.4 billion). The biggest mobile operator in the ……
Smart home tech makes inroads into China’s emerging elderly care market
WEIFANG, China (Reuters) – Charging elderly clients just 1 yuan or about 15 cents a day, little-known Lanchuang Network Technology Corp has embarked on one of the most ambitious undertakings in aged … ( read…
China warns of ‘reverse sanctions’ if Huawei 5G is banned in India: sources
NEW DELHI – China has told India not to block its Huawei Technologies from doing business in the country, warning there could be consequences for Indian firms operating in China, sources with … ( read…
China’s Hand Is Stronger Than Trump Thinks
(Bloomberg Opinion) — U.S. President Donald Trump seems to think he holds the stronger hand in any currency war with China. Don’t bet on it. The yuan is “under siege,” thousands of companies are ……
China July new loans seen lower, more policy easing expected as trade woes build
BEIJING — New bank lending in China likely slowed in July, a Reuters poll showed, reinforcing expectations that policymakers will need to announce more support measures in coming months to … ( read original story…
CEO of Wrangler, Lee parent isn’t afraid of a recession or tariffs on China-made goods
Kontoor Brands has its eye on China as a growth opportunity. While it currently sells its Lee-branded denim in China, Wrangler will enter the country in the first quarter of 2020, when it will be…
China bought small volumes of U.S. soy, wheat and pork ahead of latest tariff threats
China bought small amounts of U.S. soybeans, wheat, sorghum and pork last week ahead of the latest escalation of trade tensions with Washington, according to U.S. government data issued on Thursday, … ( read original…
Hyatt Regency Shenzhen Yantian Opens in East Shenzhen
Newly opened hotel in the heart of Yantian District of Shenzhen brings Hyatt Regency brand’s signature hospitality and connecting guests to the booming city SHENZHEN, China, Aug. 8, 2019 … ( read original story …)
China dispute casts shadow on Canadian election, and on Trudeau
OTTAWA (Reuters) – Canada’s dispute with China, an economic powerhouse, has been a nagging headache for Liberal Prime Minister Justin Trudeau, and the feud is showing no signs of going away … ( read original…
Tackle investment bank first, investors tell HSBC’s caretaker boss
One source familiar with the bank’s thinking said the bulk of cuts would fall in GBM, where revenue growth is expected to cool on the back of fewer deals and tighter loan growth in China…
China Mobile seeks new growth drivers alongside 5G rollout
HONG KONG (Nikkei Markets) — China Mobile, the world’s largest mobile services provider, is pursuing new growth drivers to circumvent the pressure on its traditional revenue streams as it gears … ( read original story…
