French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, as rising prices and economic uncertainty held back shoppers.
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Stock market today: Wall Street flat in early trading, oil prices tumble again on China weakness
Wall Street was flat in premarket trading and oil prices slid again on signs of economic weakness in China, where a lack of specifics on a stimulus package continued to drag down markets there.
Russia’s imports from China surged in September as Moscow and Beijing deepen economic ties
Total trade between Russia and China has notched 1.28 trillion yuan from the start of the year through September.
China imports record amount of lead after Shanghai squeeze
China’s imports of refined lead surged in August with the country set to be a net importer of the battery metal for the first time since 2020.
As China Admits Economic Difficulties, Hong Kong Becomes Irreplaceable
Drew Bernstein, co-chair of MarcumAsia, explains why Hong Kong is showing signs of strength – which is essential to China’s rebound.
Dalal Street Week Ahead: Hyundai IPO, US retail sales, ECB interest rate decision, China GDP among 10 factors to watch
The market next week is expected to remain consolidative and try to rebound with a fall in volatility. The market participants will focus on the September quarter earnings, Hyundai Motor India IPO, US retail sales,
Apple, Western Digital, and 3 Other U.S. Stocks to Play China Stimulus
However, lower interest rates and increased government spending won’t only help Chinese companies, Evercore ISI says.
Cyber Criminals Are Increasingly Helping Russia and China Target the US and Allies, Microsoft Says
Russia, China and Iran are expanding their partnerships with cyber criminals to conduct cyberespionage and cyberattacks against the U.S. and other nations, according to a new report from Microsoft …
China shares flop on weak export data while Nvidia gives Japan a boost
China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan’s market jumped as its semiconductor firms followed Nvidia upward. S&P 500 Futures: 5,866.
China Housing Ministry Plans Briefing After Beijing Vows Support
China’s housing ministry will hold a press briefing on Thursday, likely providing more details of measures to support the country’s slumping property sector and bolster economic growth.
China’s Cash Diplomacy Is Empowering the Euroskeptics to Test EU’s Limits
Slovakia’s prime minister is borrowing from Orban’s playbook — courting Beijing and Moscow to reduce his reliance on the European Union …
Nvidia Stock Falls Amid Report of U.S. Extending Cap on AI Chip Exports Beyond China
Nvidia stock was falling Tuesday. The chip maker may face more limitations on exports of its advanced artificial intelligence chips. U.S. government officials have discussed capping sales of advanced AI chips from the U.
This Chinese EV maker is up for a battle with Elon Musk in China
Xpeng co-president Brian Gu said the Guangzhou-based EV startup was keen to see how its autonomous driving technology shapes up to Elon Musk’s.
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