China’s securities regulator said on Tuesday its would cap the size of securities refinancing business as part of further efforts to curb short-selling. The watchdog will also ban securities lending …
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China Is Dominating the World’s New Coal Power Plant Pipeline
China was home to the vast majority of the world’s new coal power plants last year as it sought to bolster energy security, even as many other governments push to phase out the fuel.
China’s Xi to Discuss Stock Market With Financial Regulators -Bloomberg News
(Reuters) – China President Xi Jinping is set to discuss the nation’s stock market with financial regulators, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Icy weather impedes travellers in China home-bound for new year festivities
Freezing rain, snow and ice have complicated the journey home for many in central and eastern China, as billions travel ahead of the Spring Festival in chilly weather.
China Margin Debt Drops Most Since 2016 Amid Stock Rout
China’s margin debt for stock trades fell by the most since early 2016 as a deepening slump triggered a rush to unwind leveraged positions. The outstanding balance of margin debt fell by 2.7% on …
Can GCC markets sustain the IPO momentum in 2024?
The GCC could be headed for another bumper year for initial public offerings in 2024, thanks to the regional government’s push for privatisation, the growing appetite of private sector companies to …
Trump Suggests Imposing ‘Over’ 60% Tariffs on Chinese Imports
If Donald Trump secures re-election in November, he intends to intensify the trade tensions with China that marked his initial term as president. The leading candidate for the GOP nomination affirmed …
Trump Considers Over 60% Tariff on Chinese Imports if Reelected
In a recent interview with Fox News’ Maria Bartiromo on “Sunday Morning Futures,” former President Donald Trump has reignited the discourse on U.S.-China relations with a proposition that could have …
China Never Completely Banned Crypto
Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. How is that possible?
US Treasury team heads to China this week to talk subsidies, economic policies
The Biden administration is sending five senior U.S. Treasury officials to Beijing this week for economic talks that will focus heavily on China’s “non-market” policies that are adding excess …
Estee Lauder to cut jobs on skittish China demand; shares surge 19%
Estee Lauder plans to cut 3% to 5% of its global workforce as the cosmetics giant expands an effort to shore up margins squeezed by Chinese customers cutting back on higher-priced luxury products, sending its…
Estee Lauder to cut jobs on delayed China recovery; shares surge 16%
Estee Lauder will cut about 3% to 5% of its workforce, expanding its efforts to shore up profit margins as a rebound in its China business takes longer.
Estee Lauder’s stock soars as profit beats expectations by a wide margin, and as the business has reached ‘an inflection point’
MARKET PULSE Shares of Estee Lauder Companies soared 10.7% in premarket trading Monday, after the beauty-products company reported fiscal second-quarter profit that beat expectations by a wide margin,
