Emerging-market equities rose the most in three weeks, buoyed by earnings and a rally in Chinese stocks as weak data fueled hopes for stimulus.
Tagged By beijing
Olympics-Table Tennis-China’s newly crowned Wang suffers shock elimination by Swedish Moregard
By Krystal Hu Paris – Less than 24 hours after celebrating his gold medal win in the table tennis mixed doubles, China’s Wang Chuqin suffered a shock exit in the singles event to Sweden’s Truls…
Skadden and Commerce & Finance Advise on Chinese Robotaxi Firm’s $100M US IPO
WeRide’s debut would follow that of industry counterpart, Zeekr Intelligent Technology Holding Ltd., which raised $440 million earlier this year.
China’s Economic Tea Leaves Offer Optimism for Metals Bulls
For more evidence that we might be at a turning point, look no further than the red metal. The bellwether industrial commodity has lost almost a fifth of its value since mid-May, largely on the…
China Home Sales Slump Drags On Despite Latest Rescue
China’s residential slump deepened again in July despite the country’s most forceful efforts yet to support the property market.
China Expands Military Drone Export Curbs After Ukrainian Visit
China has adjusted its export controls on drones intended for military use, as Beijing faces growing criticism from the US and it allies over bolstering Russia’s battlefield efforts in Ukraine.
The US is about to introduce a new rule to clamp down on AI chip equipment exports to China, Reuters reports
The Biden Administration is preparing to announce a new rule that will give the US powers to block exports to Chinese chipmakers, Reuters reported.
China accuses US lawmaker McGovern of interference, imposes sanctions
China has imposed sanctions on U.S. lawmaker Jim McGovern on the grounds of interference in the country’s affairs, freezing assets and barring him from conducting transactions in China, the Chinese …
Steel ministry seeks probe into cheaper imports from China, Vietnam
India’s Ministry of Steel has asked the trade ministry to investigate cheaper steel imports from China and Vietnam amid rising imports. India turned net steel importer in FY23, with imports reaching a …
ASML, Tokyo Electron jumps on report US will exempt allies from China chip restrictions
Semiconductor stocks soar as the Biden administration plans to exempt Japan, Netherlands, and South Korea from export restrictions, targeting Chinese chipmakers. Key players like ASML and Tokyo Electron see significant stock gains.
China to adjust drone export control measures from Sept. 1
China’s commerce ministry said on Wednesday it will adjust export control measures for drones, effective from Sept. 1.
US is not a party to South China Sea issue, says Chinese foreign ministry
A spokesperson for China’s foreign ministry said on Wednesday that the United States is not a party to South China Sea issues and warned the Philippines that wooing other countries to provoke …
ASML shares pop 7% after report that U.S. will exempt allies from new China chip restrictions
Reuters reported that the U.S. is considering expanding chip export restrictions to China, but countries including the Netherlands and Japan would be excluded.
