Chinese e-commerce firm JD.com Inc said on Thursday (Mar 9) rebuilding consumer confidence would take time after the lifting of strict pandemic-related curbs late last year, as it missed …
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China’s JD.com reports higher fourth-quarter adjusted profit
Chinese e-commerce firm JD.com Inc reported a higher quarterly adjusted profit on Thursday as China lifted strict pandemic-related curbs late last year.The company’s U.S.-listed shares rose 1 per cent …
US sanctions 5 China-based suppliers to Iranian company selling drones to Russia
Separately, 17 Hong Kong businesses are sanctioned for taking part in a ‘significant shadow banking’ system set up for Iranian firms The White House has said it will act against Chinese companies …
Mark Mobius says most of his investments are in Taiwan after complaining he can’t get his money out of China
Leading emerging markets investor Mark Mobius said Wednesday that most of his portfolio is focused in Taiwan, days after claiming that China had restricted him from taking his money out of the …
$38,252,900,000: China Was Largest Source of U.S. Imports in January
The United States purchased $38,232,900,000 in imports from the People’s Republic of China in January of this year, according to newly released data from the U.S. Census Bureau.
Dutch trade minister: China protest over export rules is ‘understandable’
The Netherlands’ Trade Minister said a Chinese protest over the Dutch decision to impose restrictions on computer chip technology exports was “understandable”, but on Thursday said she expected …
Before the Bell: China Dodges US Chip Restrictions, Crypto Bank Liquidates, Tesla Steering Wheels Fall Off
(NYSE: SI) announced its intention to liquidate Silvergate Bank “in an orderly manner and in accordance with applicable regulatory processes.” The wind-down and liquidation include full repayment of …
FWD touts growth as IPO campaign drags on. But investors may want more
The value of FWD’s new business increased 29% to $823 million in 2022, which the company described as ‘strong organic growth’ But the Hong Kong-based regional insurer’s overall revenue fell last year, …
Informa warns business events in China won’t recover until 2024
We’ll send you a myFT Daily Digest email rounding up the latest Informa PLC news every morning. The boss of exhibition group Informa has said that business activity in China will not return to …
Marketmind: Job runes, China offer sliver of rate hope
Even as markets rush to price a resumption of half point U.S. interest rate rises later this month, the door to a smaller hike may have been left ever so slightly ajar. In the second…
China’s SHEIN Plans To Raise $2B In Fresh Funding; Eyes US IPO: Report
Chinese online fashion retailer SHEIN reportedly plans to raise about $2 billion in a fresh funding this month. The company is also eyeing a U.S. listing in the second half of 2023, reported Reuters.
China Sees Sharp Fall in Semiconductor Imports: US Sanctions Taking a Toll on the Industry
China’s chip imports fell by 27% in January and February 2023 similar to the 15% decrease in semiconductor imports last year.
Morning Bid: Job runes, China offer sliver of rate hope
Even as markets rush to price a resumption of half point U.S. interest rate rises later this month, the door to a smaller hike may have been left ever so slightly ajar. In the second…
