CHINA Aviation Oil (CAO) reported a 8.1 per cent fall in net profit to US$36 million for the second half ended Dec 31, from US$39.1 million in the previous corresponding period. Read more at The…
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Trump threatens to double tariffs on China and says punishing Mexico and Canada tariffs will go into effect March 4
President Donald Trump said Thursday tariffs of 25% on Mexican and Canadian goods are set to take effect on March 4, while also threatening to impose an additional 10% on Chinese imports on the same…
China avoiding US markets? Fewer homegrown firms now going for IPO on NY stock exchanges
A record number of Chinese firms got listed on US stock exchanges in 2024. Public records show 61 Chinese firms floated their stocks on US exchanges last year, considerably up from 37 in 2023 …
‘No need to overthink’: China Tesla fans unfazed by Musk politics
Tesla founder Elon Musk’s role in the Trump administration has risked isolating the firm’s traditionally liberal customers in its home market but consumers in US trade rival China seemed largely …
Trump’s Harsh Tariffs on China Could Backfire on the US Economy
The US government has been placing heavy tariffs on goods coming from China for several years now. These extra taxes on imports started during Trump’s first term as president and were largely …
Hedge funds bet on turnaround in unloved China property sector
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating lucrative returns when the sector recovers from its prolonged crisis.
Contract drug makers urge govt to ease rules, reduce reliance on China
India’s contract drug makers have urged the government to remove regulatory hurdles and grant faster clearance to vital raw material imports at a time when many global pharmaceutical firms are …
China urges US to halt tariff probe into copper imports
China’s commerce ministry on Thursday urged the United States to halt its tariff probe into copper imports as soon as possible, vowing to resolutely oppose it if U.S. goes ahead with the action.
HKEX Profit, Revenue Hit Quarterly Highs as IPO, Market Sentiment Pick Up
The stock-exchange operator said Thursday that net profit reached a fourth-quarter high of 3.78 billion Hong Kong dollars, beating market expectations.
China puts the breaks on US stock listings for homegrown companies
Beijing’s securities regulator concerned about US IPOs of companies with small capitalisation and weak fundamentals …
Iron ore falters on higher imports, Chinese steel export concerns
Iron ore futures prices dropped more than 1% on Thursday, pressured by escalating tariff measures against Chinese steel and an increase in iron ore imports into top consumer China. The most-traded May …
Nvidia CEO says AI innovations like China’s Deepseek show how ‘software finds a way’ amid US export controls
Nvidia CEO Jensen Huang told CNBC that US export controls on China have hurt his business, but Chinese companies will find ways to innovate.
Battle for scraps of China’s collapsed developer Evergrande intensifies
Oaktree Capital Management LP, run by billionaire Howard Marks, is maneuvering for advantage by seeking claim to Evergrande assets outside the Hong Kong liquidation process …
