This monthly report outlines key developments in China’s data protection sector for May. The following events merit special …
Tagged By banking
China to Extend $3.7 Billion Financial Assistance to Pakistan Next Month
China to re-lend $3.7B to Pakistan in June, aiding forex reserves and shifting to yuan-based refinancing amid rising financing needs.
Bank of Beijing’s rating upgraded to ’BBB-’ by Fitch, outlook stable
BOB’s risk-profile score of ’bb-’ reflects its larger exposure to entrusted investments among mid-tier banks. However, this is mitigated by its business focus in the capital city and less direct …
China-led development lender said to be planning Singapore, HK offices
It opened its first overseas office in September 2023 in Abu Dhabi. Read more at straitstimes.com. Read more at straitstimes.com.
China thought it had a truce with the US. Then Trump dropped two bombshells
A one-two punch from the United States risks shattering the already fragile trade war truce between Washington and Beijing, with Chinese tech companies and students both dealt shock blows by the Trump …
Nvidia CEO Jensen Huang touts US manufacturing plans, warns China export controls threaten US chip lead
Nvidia CEO Jensen Huang laid out the company’s US manufacturing plans, while criticizing export controls on chips to China during the the AI giant’s earnings call Wednesday.
China Blinks? Rare Earth Lifeline May Be Coming for Tesla and Europe’s Chipmakers
Beijing signals it could ease rare earth export curbs after urgent industry pushback–Tesla and EU fabs stand to gain.
Financial Times: Pres. Trump tells U.S. chip designers to stop selling to China
President Trump threatened more sanctions against Russia as airstrikes continue in Ukraine. Russia also reportedly proposed another round of direct talks with Ukraine in Istanbul, Turkey. CBS News …
Chip Software Stocks Tumble on Report Trump Orders They Stop Selling to China
Shares of semiconductor software companies sank, weighed down by a report that they had been caught up in the Trump administration’s efforts to hamstring China’s ability to develop sophisticated …
Chip software stocks sink on report Trump ordered halt to China sales
Shares of chip design software makers Cadence and Synopsys slipped in Wednesday trading after the Financial Times reported that the White House told them to stop selling to clients in China.
Nvidia Earnings Preview: Analysts Forecast Sales Record But Stalling Profit Growth On China Curbs
Artificial intelligence titan Nvidia will take center stage Wednesday afternoon when the company shares financial results from its quarter ending last month, and though analysts expect record-setting …
China sends direct message to Donald Trump as Beijing rolls out red carpet for American financial institutions
China also approached the United Arab Emirates for a possible bilateral free trade deal, UAE’s trade minister Thani Al Zeyoudi said …
Macy’s cuts orders, takes markdowns amid 145% China tariffs
Macy’s cuts orders, takes markdowns, and lowers earnings guidance as it navigates 145% China tariffs and prepares for an uncertain second quarter.
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