Fast Retailing, the parent company of Japanese clothing giant Uniqlo, said Thursday its net profit for the first quarter slid 9.1 percent because of the Covid-19 lockdown in China. “(The) result was …
Tagged By export
China’s exports seen cooling further in December on weak global demand, COVID woes: Reuters poll
China’s export and imports are expected to have continued to struggle over December, due to the spread of COVID-19 in the country disrupting production lines and waning demand both at home and abroad, …
US and Japan agree to step up security cooperation amid China worries
The agreement follows nearly a year of talks and comes after Japan last month announced its biggest military build-up since World War Two.
China’s visa freeze disrupts Japanese, Korean business plans
On Wednesday, Chinese officials followed up by halting port visas and visa-free transit through China for Japanese and South Korean citizens. Chinese foreign ministry spokesperson Wang Wenbin defended …
China remains largest trading partner: GDCE
Mainland China once again emerged as Cambodia’s largest merchandise trading partner last year, with a volume of $11.686 billion – up 4.39 per cent over 2021 – of which Chinese exports to the Kingdom …
Easing of Covid restrictions in China provides boost to economic recovery
This is, to a certain extent, confirmed by the Caixin China General Services Business Activity Index, which gives an independent snapshot of operating conditions in services industries such as retail …
China’s reopening will boost many sectors in Hong Kong’s property market: Real estate services firm
Hannah Jeong of Colliers Hong Kong says it’s cautiously optimistic on the city’s property market. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC…
Oil rises on China demand optimism, Russian supply concerns amid sanctions
Oil prices rose in early trade on Thursday, building on gains in the previous session as China’s demand outlook improves and concerns rise over the impact of sanctions on Russian supply. Brent crude …
China unveils measures to expand cross-border RMB use
The move aims to further facilitate RMB utilization in cross-border trade and investment in a bid to better meet the needs of foreign-trade related companies regarding transactions and settlement, …
Chinese oil refiners expect to boost exports
Refiners in China are likely to boost exports of refined oil products in the period spanning the last two months of 2022 and into early 2023, which will help stabilize global oil markets and quench…
Chinese oat products producer YanGuFang downsizes US IPO by 37% to $19M
Chinese oat products maker YanGuFang International (YGF) has downsized a proposed US initial public offering by 37% to $19M. Load Error YanGuFang said in a filing that it is now considering offering 3 …
China’s reopening will be a tailwind for the luxury trade, says PIMCO’s Erin Browne
Overtime’ to discuss international stocks surging and expectations for the markets after a possible China reopening.
China Gets Hold Of Alibaba And Other Tops Execs Of Chinese Companies To Trumpet Confidence In Domestic Economy On State TV
Executives from 21 private-sector Chinese companies, including Alibaba Group Holding Limited (NYSE: BABA), lauded their confidence in the nation’s economy in an unparalleled program aired by China’s …
