China’s economy would have grown by 7.5 per cent this year – against a current projection of 6.3 per cent – were it not for its trade war with the United States, Dutch investment bank…
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Taiwan’s president says state visits are ‘basic right’ after trip he says Beijing tried to block
Before Trump’s Beijing visit, US warns China with visa sanctions over stalled deportations of migrants: Report
An explosion at a fireworks plant in China kills at least 26 people and injures dozens of others
An explosion at a fireworks plant in China kills at least 26 people, state media says
Explosion at a fireworks plant in China kills at least 21 people, injures dozens more: report
Blast at fireworks factory in China’s Hunan kills 21, Xi calls for probe, state media says
Deadly China plane crash was caused by fuel cut-off, says report
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China’s economy would grow by 7.5 per cent this year, were it not for the trade war, ING says
In The Thick Of It: Bank Results Highlight Morning, With NFLX At Center Screen Late
Bank of America Corp (NYSE … creeping back into the picture after President Trump’s comments about the China trade situation yesterday (see more below). Small-caps out-performed large-caps … ( read original story …)
U.S., China must still address ‘big ticket’ items, Commerce Secretary Wilbur Ross says
The United States and China still have to work through major issues to reach … the U.S. enforcement capability in the event that they violate the agreements,” Ross told Fox Business Network in an ……
China blocking Malaysian and Vietnamese oil and gas vessels ‘shows greater willingness to use force’, think tank says
The analysis comes with a stand-off simmering between Chinese and Vietnamese vessels at Vanguard Bank, a reef in the disputed Spratly Islands , risking an escalation of tensions and anti-China … ( read original story…
Renault makes another bet on China’s huge market for electric cars
according to the China Association of Automobile Manufacturers. China is already the world’s biggest market for electric vehicles. The government wants sales of new energy vehicles to hit 7 million … ( read original story…
China to step up intellectual property right protection: state TV
BEIJING (Reuters) – China will step up intellectual property right protection, state television reported on Wednesday, citing a State Council meeting chaired by Premier Li Keqiang. … ( read original story …)
What to watch today: Banking earnings, EU’s Amazon probe, and Elon Musk’s brain computer
BofA beat estimates with profits on retail banking strength (CNBC) Shares of Nu Skin Enterprises (NUS) were tanking about 20% in the premarket after the company said second-quarter earnings would come … ( read original…
IoT in Banking and Financial Service Market Demand by 2025: QY Research
Japan IoT in Banking & Financial Service market (sales price, volume, and value) Chapter Six: China IoT in Banking & Financial Service market (sales price, volume, and value) Chapter Seven … ( read original story…
Bank of America rakes in record profit
Bank of America also signaled strength from the business sector, despite the ongoing US-China trade war. Average loans and leases in its global banking division rose 5%, while deposits climbed 12%. … ( read original…
In the Thick of It: Bank Of America This Morning Followed By Netflix After the Close
with strong consumer banking performance Netflix reports this afternoon, becoming the first FAANG to deliver quarterly results Caution begins to creep into the markets as China trade tensions back in … ( read original story…
China’s economy may be at the mercy of banks
Private firms account for 80 per cent of jobs, 60 per cent of economic growth and about half of all fiscal revenue in China – and manage to do so with far lower levels of…
Yuan firms as traders see resilience in China’s economy
The People’s Bank of China (PBOC) set the midpoint rate at 6.871 per dollar prior to the market open. The yuan has been stuck within a narrow range over the past month, but depreciation fears…
Bank of America earns $7.4B in 2Q, beating estimates
reflecting that investors largely stayed on the sidelines in the last three months due to the economic uncertainty tied to the U.S-China trade wars and the future direction of interest rates. The bank … (…
