U.S. equity futures powered firmly higher in early Thursday trading, putting the S&P 500 on pace for another record high, as investors reacted to reports of new financial support for China’s flagging …
Featured Posts Title
Map Shows ‘Nuclear Weapons-Free Zone’ Backed by Russia and China
China jumps ahead in the race to achieve a new kind of reuse in space
Shenzhen authorities issue warning over illegal fundraising
Who is the Chinese hacker the US is accusing of stealing vaccine secrets?
US Flexes Air Power With Ally in Contested South China Sea
China warns Trump on tariffs, threatens retaliation on supply chain deals
China Grants Visa-Free Entry To Over 70 Nationals In A Bid To Boost Tourism
Recent Posts
Stock Market Today: Stocks surge on China aid boost, Micron outlook
INEOS Grenadier launches in China
INEOS Automotive has launched its Grenadier SUV in China. The Grenadier’s arrival in China follows the introduction of INEOS Automotive in over 40 countries worldwide – including in Mexico last week.
China to issue 2 trillion yuan of sovereign debt this year to help revive economy: sources
CHINA plans to issue special sovereign bonds worth about two trillion yuan (S$366.6 billion) this year as part of a fresh fiscal stimulus, said two sources with knowledge of the matter, adding to a …
Legislation to curb US investment in China is top priority, lawmaker says
The Republican chair of the House select committee on China said on Wednesday the panel’s top priority is legislation restricting U.S. investment in China to stop U.S. investors from “funding our own …
Chinese AI firm Chongqing Terminus Smart Technology files papers for Hong Kong IPO
Chongqing Terminus Smart Technology, a Chinese AI company, joined a growing list of companies seeking to launch their IPOs in Hong Kong.
BASF Cuts Dividend and Weighs Unit IPO After China Slump
BASF SE will cut its dividend as part of a broad reset that could involve further plant closures in Germany to counter high energy prices and a persistent slump in China.Most Read from BloombergNJ …
China considers massive $142B (1 trillion yuan) bank capital infusion
China is on the verge of injecting nearly $142.4B (1 trillion yuan) to increase its biggest state bank’s capacity to support its nose-diving economy and slow markets. Sources confirmed that Beijing planned to issue new…
China Cut Rates on Existing Mortgages. Why Such Relief Isn’t Likely in the U.S.
The Chinese economy is being dragged down by tumbling property values, and the government is stepping in to boost economic growth. U.S. home prices continue to climb.
China vows ‘necessary spending’ to hit economic growth target
Chinese leaders pledged on Thursday to deploy “necessary fiscal spending” to meet this year’s economic growth target of roughly 5%, acknowledging new problems and raising market expectations for fresh …
Why is China deploying all its aircraft carriers near Japan and Taiwan
Liaoning, Shandong, and Fujian—for the first time last week, as tensions in the Taiwan Strait escalated. The drills were conducted in conjunction with an increase in Chinese military activity around Taiwan,
China admits economy facing new ‘problems’, vows to fix property sector
China’s top leaders, including President Xi Jinping, admitted Thursday that the economy was facing new “problems” and vowed to resolve a long-running housing sector crisis, state media said …
Foreign investors cheer China’s stimulus – from a distance
As the market euphoria to China’s biggest stimulus since the pandemic settles, foreign investors are now asking whether the $114 billion toolkit will provide the spark needed to turn around a beat-up stock market.
Chinese Americans face discrimination amid U.S-China tensions, survey shows
According to a survey, 68% of Chinese Americans say they face discrimination in an average month, while 65% think U.S.-China relations negatively impact how they’re treated.
ADVERTISEMENT
