Stock futures lower as China rate cut adds to global market worries; Week Ahead: housing data, earnings wrap-up; Alibaba slides as CEO steps down to run separated cloud business; Intel unveils biggest-ever foreign investment in…
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China’s key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy
How China’s Rare Earth Chokehold Could Strangle Europe’s Military Buildup
Trump is hosting Central Asian leaders as U.S. seeks to get around China on rare earth metals
The U.S. just gave up this key leverage over China — and it’s a costly mistake
What a leaked transcript reveals about China’s muscular statecraft
A secret garden in Beijing has opened to visitors for the first time in a century
China begins limited purchases of U.S. farm goods after Trump-Xi meet
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Stocks Lower On China Rate Cut, Week Ahead Housing Focus, Alibaba CEO Shake-Up, Intel Ramp, FedEx Earnings – 5 Things To Know
Southeast Asian nations move ahead with plan for navy drills near disputed area of South China Sea
JAKARTA, Indonesia (AP) — The Association of Southeast Asian Nations is moving ahead with plans for joint naval exercises in September, the first held by countries in the bloc on their own, at a time…
China’s crude imports from Russia surge to record 2.29mn bpd in May
Imports of Saudi crude totalled 7.32 million tons in May, equivalent to 1.72 million bpd, down 16.0% from last month’s 2.05 million bpd. Saudi Arabia had been China’s largest source of crude in April.
Blinken touts ‘progress’ made in highly-anticipated Beijing meetings
US Secretary of State Antony Blinken on Monday said that the United States and China had made “progress” toward steering relations back on track as both sides agreed on the need to “stabilize” the bilateral…
What is China’s role at the Paris summit for a new global financial pact?
The conference aims for financial reforms to unlock funds so developing countries can address climate change and other challenges.
HSBC cuts China’s GDP forecast to 5.3% on weak property, business outlook
HSBC on Tuesday lowered China’s economic growth forecast for this year, citing drag from the property sector, and tempered business and household confidence.
China cuts main interest rate as economic recovery fizzles out
China’s central bank has cut its main benchmark lending rates … “The 10 bps rate cut[s] are unlikely to stimulate business confidence and housing demand,” said Ken Cheung, chief Asian foreign exchange strategist at Mizuho…
China willing to work with U.S. to increase passenger flights – ministry
China is willing to work with the United States to increase passenger flights between them in a “flexible and pragmatic manner”, the foreign ministry said on Tuesday.
Alibaba’s Crypto Friendly Joseph Tsai Set to Become Chairman
Alibaba (NYSE: BABA) said on Tuesday that Joseph Tsai, one of its founders, will step into the role of Chairman come September. This leadership shuffle, which also saw the company name Eddie Yongming …
Live news: Korean crypto crash firm founder Kwon sentenced in Montenegro
The two were arrested at the Balkan nation’s main airport at Podgorica in March as they tried to board a private jet to Dubai. Kwon is sought by both the US and South Korea on…
Chinese Logistics Entrepreneur Becomes A Billionaire As His J&T Express Gears Up For Hong Kong IPO
Jet Li, who founded delivery firm J&T Express in Indonesia but is now expanding aggressively in his homeland China, has become a billionaire as the company prepares for an initial public offering in …
China’s Zhangzhou creates favorable business environment for private enterprises
A worker is seen at a smart workshop of a private enterprise in Zhangzhou, southeast China’s Fujian Province, June 18, 2023. Local government of Zhangzhou has made efforts to create a favorable business environment,
FACTBOX-How Alibaba’s six new business units stack up
Alibaba Group Holding said on Tuesday that Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief executive officer, in the company’s biggest executive reshuffle since its restructuring.
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