Stocks in the energy sector and the materials industry (think chemical companies) were the worst two performers of the 11 “sectors” that make up the S&P 500. The index as a whole shed 1.2% on…
Tagged By import
Oil edges higher as traders weigh tight supplies versus China worries
Oil futures turned slightly higher in choppy trade Wednesday morning, attempting to stabilize after a modest pullback attributed to worries about China’s economic outlook. Traders were also awaiting …
China may renew importing Indian chilli as its crop is hit by floods
Indian red chilli exporters expect demand to return from China, the largest buyer, due to declining stocks in the neighbouring country. Prices, which had retraced from high levels in May, are seen …
China oil imports from Iran hit new highs in August
China oil imports from Iran may hit a decade high in August at around 1.5 million barrels per day, news agencies reported Wednesday.Estimates …
China deflation: why are prices going down?
China ’s economy has reportedly fallen into what is known as a “ deflation ” – although this term has been vigorously denied by the country’s government. According to several reports, the National …
‘New world order’ backfires on China and Russia amid economic disruption
It was only a year ago that Beijing and Moscow touted a new world order, but things appear to be unraveling fast for their economies. Exports, manufacturing activity and property prices are sliding in …
China’s Oil Imports From Iran Set To Hit Decade-High In August
China is expected to import as much as 1.5 million barrels per day (bpd) of crude oil from Iran in August, the highest since 2013, per estimates from data intelligence firm Kpler cited by Bloomberg.
China Stocks Slump as Economic Gloom Spreads
Since then, China has released a string of worrying economic data. Prices consumers and business pay are falling, raising the threat of deflation. Retail sales and industrial production in July missed economists’ expectations, and investment…
China’s car companies are turning into tech companies
China has already won the race to electrify its vehicles. Now it’s pushing ahead and adding more features and services to attract new customers.
China’s export container shipping price index down in July
The average China Containerized Freight Index (CCFI) stood at 869.89 last month, down 5.3 percent from June, according to the shipping exchange.
Boeing Appoints New President for China Market Amid Strained China-U.S. Relationship
By Bingyan Wang Boeing named a new president for its China business on Wednesday, appointing Chinese-born Alvin Liu, amid a strained bilateral
China’s surprising deflation export: A closer look at Cathie Wood’s insight
Cathie Wood is a star stock-picker and founder of the $60-billion (assets) ARK Invest, which invests in innovations like self-driving cars and genomics …
China’s top brands turn cautious over economic recovery
Chinese consumers are tightening their belts across sectors from beauty products to jewelry, though are still spending big on restaurants, as a list of headwinds signal growing uncertainty about the …
