Rolling coverage of the latest economic and financial news. China says Fitch rating outlook downgrade “regrettable” 07:40 China’s Ministry of Finance has said Fitch’s move to downgrade the …
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Recent Posts
Inflationary pressures have ‘lessened substantially’, says Tesco; Fitch downgrades China to negative – business live
Blizzard and NetEase Settle Their Beef, Returning Warcraft to China
The deal between the gaming company Blizzard, now owned by Microsoft, and the Chinese giant NetEase renews a partnership that lapsed more than a year ago.
China’s Xi to host former Taiwan president in Beijing, in rare meeting echoing bygone era of warmer ties
Chinese leader Xi Jinping is set to hold rare talks on Wednesday with a former president of Taiwan who supports closer ties with China, a highly unusual meeting just weeks before the democratic island …
Asian stocks firm, take Fitch’s China downgrade in their stride
By Scott Murdoch SYDNEY (Reuters) -Asian stocks traded higher on Wednesday, unfazed by a rating downgrade to China by Fitch which triggered a mild domestic sell-off as the world’s second-biggest …
Fitch downgrades China sovereign credit outlook on debt fears
Ratings agency Fitch said Wednesday it had downgraded China’s sovereign credit outlook to negative, citing increased risks to the country’s public finances, in a move Beijing swiftly called …
Not even China can help Australia’s commodity exports: Russell
Australia has gone from a leader of the pack in commodity exports to a laggard, as prices of resources more dependent on China struggle to build momentum.
Analysis-After issuing factory capacity warning to China, Yellen faces tariff decisions
U.S. Treasury Secretary Janet Yellen hammered home a stern warning to China’s economic leaders that their overinvestment in factory capacity for clean energy goods is unacceptable throughout her …
Analyst comments after Fitch downgrades China rating outlook
(Reuters) -Ratings agency Fitch revised its outlook on China’s sovereign credit rating to negative on Wednesday, citing risks to public finances as the government faces increasing uncertainties in its …
Microsoft, NetEase to re-launch Warcraft and other games in China
China’s NetEase and U.S. games peer Microsoft said on Wednesday they will bring popular titles including “World of Warcraft” back to China after a fallout involving the developer that ended an almost …
China stocks down pressured by real estate; HK shares up
China stocks fell on Wednesday, dragged by real estate shares, while rating agency Fitch revised its outlook on China to negative. Hong Kong shares were up, led by tech stocks. Ratings agency Fitch …
Fitch downgrades outlook on China to negative, affirms ‘A+’ rating
Ratings agency Fitch revised its outlook on China to negative on Tuesday, citing increasing risks to the country’s public finance outlook. Fitch forecast the general government deficit would rise to 7 …
Blizzard Videogames to Return to China in New Deal With NetEase
Blizzard Entertainment will collaborate with China’s NetEase to bring its blockbuster game titles back to the mainland Chinese market this summer, renewing a partnership that ended more than a year …
China’s EV export boom fuels surge in demand for new car-carrying ships
Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the world’s fourth-largest fleet by …
