U.S. stocks slipped on Monday as sentiment was weighed down by concerns over China’s COVID-19 lockdowns and reports of protests, with the news also weighing on crude prices. Cryptocurrencies were also …
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China extends tariff exemption on certain US goods
BEIJING – China will continue to exempt certain US goods from additional tariffs until May next year, the Customs Tariff Commission of the State Council said Monday. According to a previous statement …
US chip war could hurt the West as Beijing moves to ramp up its own industry
The US battle to halt China’s growing semiconductor industry is having an effect, but risks hurting Western industries as well. Meanwhile, China is fighting back with new investments aimed at making …
China’s Xi has few good options as mass protests against ‘zero COVID’ policy erupt
The protests are broad — young, old, university students, factory workers, the middle class, elites, from all parts of China —and Xi has few good options to defuse the widely shared anger, analysts …
Cryptocurrencies Slide as China Protests Weigh, Bahamas Attorney General Discloses ‘Active’ Investigation of FTX
Cryptocurrency traders this week will keep watch on the unfolding FTX saga amid an investigation in the Bahamas, while the two largest digital currencies by market value traded lower in step with a …
The Netherlands and US are in talks over further Chinese export bans
Dutch trade minister Liesje Schreinemacher confirmed that the Netherlands and the US are negotiating additional limits on exporting semiconductor …
Global markets fall after protests erupt in China over Covid lockdowns
Global markets fell on Monday after widespread protests in China against the country’s stringent Covid-19 restrictions roiled investor sentiment.
UK retail sales slide as pessimism mounts; oil hit by China Covid protests – business live
Retail sales fell in November, and expectations for sales in the coming month are the lowest since March 2021 …
Oil, yuan and stocks slide as China protests send ‘waves of unease’ across markets – business live
Rolling coverage of the latest economic and financial news, as Brent crude hits lowest since January as commodity prices slide …
PH logs highest sales in China’s import expo
The country’s sales in China’s largest import expo have been increasing for the past four years despite the coronavirus disease 2019 (Covid-19) pandemic that struck in 2020.The Department of Trade and …
China’s fashion brands spotlight environmental awareness
“By solving users’ concerns and changing their stereotypes, we hope to allow them to enjoy protecting the environment at a low cost.” Although Chinese consumers’ awareness of sustainable development …
Oil, yuan and stocks slide as China protests send ‘waves of unease across financial markets’ – business live
Rolling coverage of the latest economic and financial news, as Brent crude hits lowest since January as commodity prices slide …
China’s factory activity contraction likely deepened in Nov on COVID woes
China’s factory activity is expected to have contracted further this month, piling pressure on the economy as COVID restrictions hit production and exports fell despite a flurry of stimulus policies, …
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