Stocks in Asia Pacific were higher on Monday as data releases showed China’s factory activity expanding in May. ( read original story …)
Tagged By beijing
Stock futures steady amid U.S. protests, simmering China tensions
Futures tracking the S&P 500 index were trading flat on Monday following a strong showing in May, as investors turned cautious after protests erupted across the country over race, and simmering … ( read original…
Hong Kong stocks climb as investors brush aside US-China friction
Hong Kong’s battered stock market enjoyed its best day in more than two months as investors shrugged off Donald Trump’s announcement from Friday, saying they had feared harsher measures from the US … ( read…
China reportedly says Trump’s plan to sever ties with WHO shows U.S. has become ‘addicted to quitting’
Since his inauguration, Trump has espoused the need for his administration to take an “America First” approach to foreign policy. ( read original story …)
Stocks Rise Despite U.S.-China Tensions: Live Market Updates
Stocks in London and Paris were about 1 percent higher in midday trading Monday, though markets in Germany and a number of other countries were closed for a holiday. Asian markets rose strongly, paced ……
China asks state firms to halt purchases of U.S. soybeans, pork, say sources
China has asked its state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special U.S. ( read original…
Semiconductor Manufacturing International plans China IPO – prospectus
Hong Kong-listed chip-maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.80 billion) selling shares in Shanghai, the company said in a prospectus on Monday. ( read original story …)
Trump’s China Trade Strategy Is Dying Even If His Deal Holds Up
When President Donald Trump on Friday announced new measures aimed at punishing China for both its role in the Covid-19 pandemic and the new phase in Beijing’s crackdown on Hong Kong, he left one big…
Here’s Why VF Corporation Stock Could Gain Only 10% Post Covid-19 Crisis
Comparing the trend in VF Corporation stock (which owns brands such as Vans, Timberland, and The North Face) over recent months with its trajectory during and after the Great Recession of 2008, we … (…
Nationalism in China is running high. Here’s how Beijing reins it in.
Coincidentally, Friday was the 15th anniversary of China’s anti-secession law — and a senior defense official in Beijing vowed to “smash” any possibility of Taiwan independence. So far, the government … ( read original story…
China asks state firms to halt purchases of U.S. soybeans, pork, sources say
China has asked its state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special U.S. ( read original…
Yum China to Introduce the Revolutionary Beyond Burger® at Select KFC, Pizza Hut and Taco Bell Restaurants
Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC) today announced that it is partnering with Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, to introduce the Beyond … ( read…
PAG-Backed Youran Seeks $300 Million in Pre-IPO Funding
China Youran Dairy Holding Ltd. is working with advisers to raise between $300 million and $400 million in a new funding round before its potential initial public offering, according to people … ( read original…