Luxury brands are breathing a sigh of relief as China’s strict Covid restrictions are set to ease. Europe’s stock exchanges responded positively.
Tagged By business
China Announces Detailed Economic Stimulus Measures
China’s cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies to revive its pandemic-ravaged economy. In terms of monetary and financial policies, …
COLUMN-China a net exporter of zinc for the first time since 2014: Andy Home
China exported more refined zinc than it imported in April for the first time since 2014. The country’s imports collapsed over the first four months of this year with exports rising despite a 15% …
The Crypto Report: Bitcoin and Ethereum continue to rebound on relief rally
Bitcoin and Ethereum continued to rebound and enjoy some much-needed respite as China’s plans to lift COVID-19 restrictions sent positive waves through the global economy. Bitcoin edged cautiously …
China Serves Oil Bulls Some Good News
China’s purchasing managers’ index rose to … the news that the EU had agreed to phase out almost all Russian oil imports by the end of the year. China has been the biggest beneficiary of…
China to Airdrop $30 Million of Digital Yuan to Revive Locked Down Economy
The Chinese Government is set to distribute $30 million worth of digital yuan in the Shenzhen district. The Shenzhen Municipal Bureau of Commerce, along with a local banks, is working on a plan to …
Luxury brands breath sigh of relief as China eases restrictions
Luxury brands are breathing a sigh of relief as China’s strict Covid restrictions are set to ease. Europe’s stock exchanges responded positively.
Morning Crypto Briefing: Bitcoin Hits Three-week Highs, Analysts Discuss Improving Macro Backdrop
Cryptocurrencies surged on Monday and are stable on Tuesday amid growing Wall Street chatter about peak inflation/Fed hawkishness.
Chinese state media signals tighter crypto regulations in Terra aftermath
The Chinese state-owned media outlet the Economic Daily published an article signaling China may impose further regulations on stablecoins after UST collapsed earlier in May.
China Gains from Russia-Ukraine War – Increases Aluminium Exports to Europe
Known for shrewd diplomatic moves, China is exploiting the Russia-Ukraine situation and increasing its aluminium exports which outstrips its imports manifold and these new dynamics have spurred …
Oil surges to 2-month high of $123 after EU agrees to ban most Russian crude imports and China eases COVID rules
After weeks of wrangling, EU leaders have agreed a deal to slash oil imports from Russia by as much as 90% by the end of the year.
China Takes Advantage of Russia-Ukraine War, Increases Aluminium Exports to Europe
Known for shrewd diplomatic moves, China is exploiting the Russia-Ukraine situation and increasing its aluminium exports which outstrips its imports man …
China’s manufacturing activity contracted again in May
China’s official manufacturing purchasing managers index rose to 49.6 in May, the National Bureau of Statistics said Tuesday, picking up from 47.4 in April .
