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CHINESE ECONOMY
China, Hong Kong stocks edge higher as Beijing vows measures to stabilise marketsChinese and Hong Kong stocks edged higher as Beijing renewed its commitment to stabilising capital markets amid economic concerns. Major ma...- Tech firms claw back some losses after midterms rout, eyes on NvidiaTech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary...
- China extends suspension of 24% tariffs on US goods by two months, retains 10% dutyChina announced its decision to prolong the suspension of the extra 24% tariffs on US goods by two more months, keeping the 10% duty on Ame...
- Global Market Today: Asian stocks open mostly higher, Nvidia probe loomsBenchmark stock indexes rose in Japan and Australia after a gauge of US semiconductor shares jumped 4.2% on Friday as speculation about pos...
- AI slump revives Asia’s forgotten trades from China to IndiaGlobal investors are rethinking their Asia bets as the AI trade loses momentum following the US midterm elections. India and China are emer...
- Diwali Patakha from China: The world's fireworks capital is reinventing its centuries-old industryLiuyang in China's Hunan province is a significant hub for global fireworks production. The county supplies around 60% of the domestic fire...
- How China's clean-tech machine is reshaping the global climate fightIn 2024, China took the lead as the top investor in global clean technology, directing $132 billion to developing nations to aid carbon red...
- China's rising yuan squeezes exporters, raises concerns over jobs and growthChina's strengthening yuan is squeezing exporters' profit margins, raising concerns over job losses, weaker exports and slower economic gro...
- Emerging markets lose $33.8 billion in October as investors flee Asian stocksOctober witnessed an alarming withdrawal of $33.8 billion by foreign investors from emerging markets, the largest since March. Almost all o...
- Nvidia chips pile up in Hong Kong as China withholds import approvalAbout 600,000 of Nvidia's advanced artificial intelligence chips are stored in Hong Kong awaiting shipment to mainland China, two people fa...
- US tariffs squeeze Canadian cabinet makers facing doubling of Trump dutyAs US tariffs on Canadian kitchen cabinets are set to double to 50%, the industry faces significant challenges. Companies like Cabico are c...
- Donald Trump's political humbling after US midterms signals short-term gain, long-term pain for ChinaDonald Trump's US midterm election defeat could strengthen China's hand in upcoming US-China trade negotiations, giving Beijing leverage to...
- China Services PMI slows to three-month low; what lies ahead for Chinese stocks?China’s services sector expanded at its slowest pace in three months as rising costs and intense competition squeezed margins. The weaker P...
- China tape maker stock debut: Chinese firm that deals with Apple, Tesla, BYD saw stock price surges 787 per cent after IPO, makes former school teacher, sister billionairesCrown New Materials Technology is provider of adhesive materials to Apple, Tesla, BYD. During the first day's trading, Crown New Materials ...
- Is the AI boom losing steam? Global economy faces growing risksGlobal financial markets face mounting pressure from geopolitical conflicts, rising government debt and trade tensions, raising concerns ab...
- Garment workers' protests in Bangladesh turn violentThe BNP government has formed a wage board to determine revised pay scales for garment workers. However, protests have continued, potential...
- China’s 5,000-ton digging machines are a trade war risk to IndiaChina is tightening export controls on tunnel-boring machines and other specialised construction equipment, raising concerns that the restr...
- Charting the global economy: Central banks hold rates steadyGlobal central banks have opted to keep interest rates unchanged amidst growing inflation worries stemming from energy costs. While the Fed...
- SoftBank-backed OPay raises $304 million in US IPOThe Nigeria-focused firm sold 16 million American depositary shares at $19 apiece in the IPO, compared with its targeted range of $19 to $2...
- Global Market: China stocks slip as tech shares fall ahead of central bank meetingsChinese stocks declined as technology shares weakened and investors adopted a cautious stance ahead of major central bank meetings and corp...
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