Hello. Today we look at the global status of China’s yuan, the policy plans for the U.K. economy and the language used by the Federal Reserve.
Tagged By finance
US-EU rift over relations with China widens after AUKUS pact
Historically rooted conflicts between the world’s wealthiest and most powerful countries, that twice in the 20th century led to world war, again threaten to erupt.
End of ‘unbridled growth’ for China’s tech firms, podcast founder says
The country is also “taking the lead” in emerging tech such as AI, said Tech Buzz China founder and veteran investor Rui Ma at this year’s TIA Conference.
Coal Swings as Traders Weigh China’s Vow to Keep the Lights On
Coal futures in China swung back from losses to resume a record advance as traders weigh the prospects for rising winter energy demand and tight supply of the fuel. Most Read from BloombergWhat Comes …
China’s central bank to step up regulation of payments via PoS devices, QR codes
China’s central bank said on Wednesday it will step up regulations on payment activities via point-of-sale devices (PoS) as well as Quick Response codes (QR codes). The move is to enhance regulators’ …
U.S. Becomes New Hashrate King Following Ongoing Beijing Crackdown
Due to a serendipitous confluence of political, geographical, and jurisdictional stability, as well as low-cost energy in U.S. states, coupled with Beijing’s recent crypto crackdown, bitcoin mining is …
Things just got tougher for China’s private firms
Analysts warn that the looming credit crunch to China’s private sector firms could trigger an even sharper slowdown in the world’s second largest economy.
US overtakes China as largest bitcoin mining center
The U.S. has overtaken China as the largest bitcoin center after Beijing tamped down on cryptocurrency mining in recent months.
China Sept new bank loans quicken from August, but below f’cast
New bank lending in China accelerated in September from the previous month, but fell short of expectations, as the central bank bolsters the economic recovery even as it keeps an eye on debt and …
China Sept bank loans rise less than expected, broader credit growth slows
New bank lending in China accelerated in September from the previous month but fell short of expectations, as the central bank tries to bolster the flagging economic recovery even as it keeps an eye …
China Sept new bank loans rise to 1.66 trln yuan, below forecast
Chinese banks extended 1.66 trillion yuan ($257.66 billion) in new yuan loans in September, up from August but falling short of analyst expectations. Analysts polled by Reuters had predicted new …
China’s Growth Seen Slowing to 5.5% in 2022, Modest Policy Easing Expected: Reuters Poll
China’s economic growth is likely to slow to 5.5% in 2022 from an expected expansion of 8.2% this year, a Reuters poll showed, but the central bank could remain cautious about monetary easing due to…
What does China’s power policy shift mean for metal makers, other energy hogs?
Beijing’s liberalization of China’s power markets that allows generators to charge market prices to commercial and industrial customers has significant repercussions for energy-intensive sectors, …
