Hong Kong’s bourse operator reported a 7% rise in third-quarter profit on Wednesday, ahead of forecasts, as China’s stimulus package and interest rate cuts by global central banks fuelled trading and …
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Hong Kong bourse’s profit beats estimates on China stimulus, rate cuts
Coronavirus: Millions in China under lockdown as country faces more Covid outbreaks
Tens of millions of people were under lockdown in China on Wednesday as businesses in a major tourist city were forced to shut their doors and fresh clusters sparked fears of a return to blanket…
Taiwan Military Warns on LNG Vulnerability After China’s Drills
Taiwan’s imports of liquefied natural gas could be vulnerable if China someday imposed a blockade, the archipelago’s defense chief said — highlighting the concern Beijing’s military activity is …
TSMC says it alerted the US of potential China AI chip curbs violation
The teardown was of Huawei’s Ascend 910B, another source said. The 910B is viewed as the most advanced AI chip available from a Chinese company. The first source would not identify the item, but said…
Apple’s Tim Cook meets China regulator in Beijing but no final word on Apple Intelligence
Chinese consumers have been vocal about their desire to see Apple bring its generative AI services to China as soon as possible.
Putin welcomes China’s Xi Jinping to Russia for start of BRICS summit
President Vladimir Putin welcomed his Chinese counterpart, Xi Jinping, to Russia on Tuesday, as the Kremlin head prepares to host several leaders of developing nations at an intergovernmental summit …
Why Xi Jinping changed his mind on China’s fiscal stimulus
After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track?
Hong Kong stocks ride 2-day wave of earnings optimism as China Unicom gains
Investors are gearing up for results from 22 Hang Seng Index constituents through the end of the month, including HSBC, BYD and ICBC.
China think tank proposes $280 billion stock market stabilisation fund
A Chinese policy think tank has called for Beijing to issue 2 trillion yuan ($280 billion) of special treasury bonds to set up a stock market stabilisation fund, the 21st Century Business Herald …
LG Chem files lawsuit against unit of China’s Ronbay over battery tech
South Korea’s LG Chem said on Wednesday it has filed a patent infringement lawsuit at a Seoul court against a South Korean unit of Chinese battery materials maker Ningbo Ronbay New Energy Technology.
China pins stimulus on money merry-go-round
China’s economy has long been supported by a great wall of debt, much of it hidden off local governments’ balance sheets. To reboot economic growth, Beijing plans to swap these borrowings into bonds …
Local government key to reigniting China’s economy
Concerned by the social risks of high unemployment and falling asset values, the government of Xi Jinping is trying to reboot the economy from the ground up.
Europe likens probe into cheap tomato exports to Beijing trade wars
Australian officials have this month begun an inquiry into whether Italian groups are dumping products sold as Coles, Woolworths and Aldi home brands.
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