Erica Tay of Maybank Investment Banking Group lays out the reasons why China’s economic growth could slow to 4.5% next year, citing potential setbacks including trade restrictions and expectations for …
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MetLife in talks to buy PineBridge’s ex-China assets for $1 billion-$1.5 billion, Bloomberg News reports
New York-based insurer MetLife Inc is in advanced talks to buy PineBridge Investments’ assets outside of China in a deal that could be valued at $1 billion to $1.5 billion, Bloomberg News reported on …
Tesla, Intel, deny they’re the foreign company China just accused of making maps that threaten national security
Tesla has denied it was involved in illegal-map making activities in China after Beijing asserted an unnamed foreign firm working on a smart car project had done so – and even stolen state secrets –…
Asia’s largest Gifts & Home Fair opens today in Shenzhen
The 32nd China International Gifts and Home Products Fair commences today with an impressive exhibiting area of 260,000 square meters.
US and Canadian warships transit the Taiwan Strait a week after Beijing’s war games
U.S. and Canadian warships sailed through the disputed Taiwan Strait on Sunday, almost a week after China held massive war games around Taiwan, which Beijing claims as its own territory …
Saudi Aramco CEO ‘fairly bullish’ on China oil demand
Saudi Aramco is “fairly bullish” on China’s oil demand especially in light of the government’s stimulus package which aims to boost growth, the head of the state-owned oil giant said on Monday. “We …
China cuts benchmark lending rates by 25 basis points
The move was expected. China’s central bank governor indicated last week that the loan prime rates would be lowered.
4 China public figures, celebrities whose philanthropy makes a significant impact
From Covid-19 pandemic support to education for impoverished children, high-profile celebrities in China are making a difference through charity It could be the Ice Bucket Challenge or straightforward …
China’s listed companies rush to tap central bank funding for share purchases
More than 20 Chinese listed companies have announced plans to tap special central bank lending for share purchases, according to exchange filings, days after the People’s Bank of China (PBOC) kicked …
China’s surplus crude oil hits nearly 1 million bpd for September: Russell
The weak position of China’s crude oil sector was underlined by September data showing a sixth consecutive monthly drop in refinery processing, leading to nearly 1 million barrels per day of oil being …
China cuts benchmark loan prime rates by 25 bps
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
1st China-Europe freight train for CIIE 2024 arrives in Shanghai
The first “Jinbo” China-Europe freight train carrying exhibits for the 7th China International Import Expo (CIIE) arrived at the Minhang Station in Shanghai on Sunday, marking the fourth consecutive …
IPOs gearing up for blockbuster week
Asia’s stock markets are gearing up for their busiest week of listings in more than two years, offering a crucial test of demand as companies rush to raise money before the US election.