SINGAPORE (Reuters) – Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and China triggered sharp selloffs in many global markets. Crude was also weighed down by…
Tagged By finance
Establishment of China’s first robo-advisor lab signals the start of an overdue industry reshuffling
Tongji University Robo-Advisor Lab set to guide the sector as it moves into the next stage of development and into what is being termed as the China’s financial robo-advisors era SHANGHAI, June 19, 2018 /PRNewswire/…
Intel has paths around Trump’s China tariffs, analysts say
Intel produces raw chips at six so-called wafer fabs, with three in the United States, one in Ireland, one in Israel and one in China. From there, chips go to so-called assembly and test facilities.…
China’s central bank delivers surprise stimulus as trade spat with US worsens
The surprise injection of funds came just hours after U.S. President Donald Trump escalated the tit-for-tat trade scrap with Beijing by threatening to impose a 10 percent tariff on $200 billion of Chinese goods. Tommy…
China hopes countermoves will help prevent all-out trade war with US
which came close to collapse last month after Washington imposed sanctions barring China from buying US-made microchips. Trade tensions come at a difficult time for Beijing as financial tightening aimed at lowering the country’s mounting…
China’s financial liquidity reasonable, stable: central bank
A clerk counts cash at a bank outlet in Hai’an county, East China’s Jiangsu province. [Photo/China Daily] BEIJING – Liquidity in China’s interbank market has remained reasonable and stable, and credit growth has been moderate,…
Magna strikes deal to build electric vehicles in China, the world’s biggest EV market
Magna International Inc. plans to engineer and build electric vehicles in China, marking the first time North America’s largest auto supplier is expanding its car manufacturing capabilities beyond its 20-year-old Steyr venture. The Aurora, Ontario-based…
Fraying Australia and China relations face testing times in Canberra
SYDNEY (Reuters) – Australia’s relationship with top trading partner China faces a testing two weeks as Canberra prepares to pass laws designed to limit Beijing’s influence in domestic affairs amid pressure on some of its…
China’s Huawei goes on offensive as exclusion from Australia 5G deal looms
Australia, like the United States, worries Huawei is de facto controlled by China, raising fears that sensitive infrastructure will fall into the hands of Beijing. “Recent public commentary around China has referenced Huawei and its…
China is winning the global tech race
the financial services spin off from Alibaba. Its value rests on the opportunities investors believe lie ahead in China and, increasingly, in south-east Asia. Many California-based technology investment bankers — eager to haul in trophy…
Global pharma bleeds talent to China start-ups
Multinational drug companies in China are fighting to hold on to top talent as senior local staff leave to join a booming domestic biotechnology sector drawing record investment. They are joining a sector that received…
China targets soybeans, electric cars, whiskey in retaliatory tariffs
China’s commerce ministry made the announcement in a statement … lobsters, salmon and cigars, the finance ministry told the AP in a statement. According to the report, the selected products were chosen to minimize their…
China Rapid Finance’s (XRF) CEO Zheng Wang Q1 2018 Results – Earnings Call Transcript
China Rapid Finance (NYSE:XRF) Q1 2018 Earnings Conference Call June 15, 2018 8:00 AM ET Executives Joseph Wang – Chief Strategy Officer and Head of Investor Relations Zheng Wang – Chairman and CEO Kerry Shen…
