The dollar held steady on the yuan on Tuesday as markets digested a welter of policy statements out of China, while a rebound in Tokyo inflation seemed to take Japan a step closer to the…
Tagged By business
China’s services activity growth momentum softens in Feb, Caixin PMI shows
China’s services activity grew at a slower pace in February, with business confidence moderating for the second month and firms trimming staff numbers for the first time since November, a …
China’s EV race drives surge in car-carrying ships
A record number of car carrier ships were ordered last year as Chinese carmakers accelerated deliveries of electric vehicles to the West. At least 80 of the specialist vessels were ordered in 2023, …
Beijing’s robust commodity imports confound weak economy
IN stark contrast to the ongoing weakness in China’s key manufacturing index, the imports of key commodities by the world’s second-biggest economy are roaring ahead. China’s imports of crude oil, …
China Needs To Focus On Combatting Deflation At High-Profile Gatherings This Week
“Deflation is a very big problem that has not attracted sufficient attention by the policymakers,” says Columbia University economics professor Shang-Jin Wei …
American Companies Are Worried About China’s Slowing Economy. Here’s What They’re Saying
China’s economy has created issues for corporations like Apple, Ford, HSBC, and Starbucks, while Marriott International and Applied Materials are among those finding success there.
China seeks ways to revive slowing economy and salvage housing market as annual congress convenes
Now, instead of soaring prices, China is trying to fend off a potentially debilitating cycle of deflation, or chronically falling prices. Exports, another main driver of growth, dropped in 2023 for …
Givenchy Names Li Bingbing Brand Ambassador In China
recently announced the appointment of Chinese actress Li Bingbing as brand ambassador for the Chinese market. Li joins the Givenchy family as its third China spokesperson and is the first to be chosen …
Mukka Proteins IPO last bidding day today: Issue booked 136.89 times so far led by NIIs, retail investors; Check GMP
Mukka Proteins IPO offers ₹224 crore with no offer-for-sale component. Mukka Proteins IPO GMP at +25, indicating strong listing prospects with estimated share price of ₹53. Mukka Proteins IPO …
Kirkland Lays Off Capital Markets Lawyers in Greater China
In a meeting with associates, a partner at the firm attributed the firm’s decision to market conditions and the size of the team, which is ‘too big’, a source told Law.com International.
5 Things to Know Before the Stock Market Opens
Typically, IPO candidates tend to sell stock to just large investors … Separately, thousands of delegates from across China are gathering in Beijing this week for the start of the country’s most …
China Officials Meet for Annual Confab. The Economy Tops the Agenda.
With consumer and business confidence still flagging in China, investors are looking to this week’s annual economic and political confabs for signs policymakers may rethink their stimulus …
China’s ‘two sessions’ 2024: legislature hammers home pro-business stance, says nation’s door is ‘always open to world’
National People’s Congress (NPC) spokesman Lou Qinjian says China’s attitude on opening up has never faltered and will not change, ahead of the opening session of the top legislature on Tuesday.