BEIJING (Reuters) -Shares in China’s big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan to boost their core capital. The recapitalisation aims …
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China bank shares rise after $72 billion recapitalisation plan
US threat oils wheels of Pirelli’s China derisking
Donald Trump’s geopolitical threats are proving to be handy ammo in corporate spats. Italian tyremaker Pirelli’s board last week demanded its largest Chinese shareholder Sinochem cut a 37% stake below …
Xi showdown with Li Ka-shing threatens China’s pro-business push
BEIJING: President Xi Jinping is seeking to paint China as a steady partner to investors roiled by a global trade war. A spat over a shipping lane coveted by Donald Trump is testing that push.
Mark Carney Under Pressure Over Liberal MP’s China Bounty Comments
Paul Chiang, a Liberal MP running for reelection, apologized for making the comments, saying they were “deplorable and a complete lapse of judgment.” …
The Chinese Electric Vehicle Founder Who Wants In on Trump’s America
Wen Han is intent on listing Windrose’s stock in New York. He is fueled by $300 million, Chinese technology and a belief that “China doesn’t have to be the enemy forever.” …
China central bank injects 800 billion yuan via outright repos in March
China’s central bank has injected 800 billion yuan ($110.32 billion) into its banking system during March through an outright reverse repurchase tool, the bank said on Monday.
Northeast Ohio woman writes book that recalls highlights of COVID-19 pandemic
Her book primarily consists of recaps about the latest news and statistics on COVID that she wrote for specific dates during the pandemic.
China’s manufacturing hits 12-month high, driven by strong orders
China’s manufacturing activity expanded at the fastest pace in a year in March, a factory survey showed on Monday, with new orders boosting production, giving the world’s No. 2 economy some reprieve …
Top Crypto Prediction: Bitcoin Sinks Below $82K, Cardano Bleeds on Low Volume, XRP Tests Support
Bitcoin dips below $82K, ADA volume drops, and XRP tests key support. Get today’s top crypto prediction and price forecast for April 2025.
PVH Expected To Report Revenue Degrowth in Q4, China Situation In Focus: Retail Investors In Wait-And-Watch Mode
PVH Corp (PVH) is expected to report another quarter with negative revenue growth on Tuesday, underscoring the continued weakness in demand for premium apparel and accessories. PVH, the parent of …
China hit by record number of WTO trade disputes as global backlash to export surge grows
China faced a record number of WTO trade disputes in 2024 as its export surge fuelled global backlash, with both developing and advanced economies challenging its overproduction.
China’s Huawei 2024 Profit Drops; Revenue Rises at Fastest Rate in Five Years
BEIJING/SHENZHEN (Reuters) – China’s Huawei Technologies said on Monday its profit fell by almost a quarter in 2024 versus a year prior when income from the sale of its Honor handset unit provided an …
China may face sustained capital outflow pressure, top economists warn
Article on social media suggests US policy, low consumer sentiment will continue to motivate capital flight, though movement is likely to be slower China may continue to face capital outflow pressures …
