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SHENZHEN LOCKDOWN NEWS
Moody's closing its consulting business in China, laying off staffFirst announced internally on Monday, the move has affected more than 100 employees across Moody's Beijing, Shanghai and Shenzhen offices, ...- Oil up nearly 3% as OPEC+ agrees to small oil output cutPrices had climbed nearly $4 earlier in the session, but were tamed by comments from the White House that U.S. President Joe Biden was comm...
- Shenzhen districts locked down as China battles COVID outbreaksCORONAVIRUS/CHINA (PIX)Shenzhen districts locked down as China battles COVID outbreaks
- China premier Li Keqiang issues warning on Covid-hit economyIn some ways, the challenges now are "greater than when the pandemic hit hard in 2020", Premier Li Keqiang told a State Council meeting on ...
- China offers bonds, tax breaks as new medicine for ailing economyAuthorities will also double the lending quota for banks to help smaller enterprises, while allowing some borrowers to postpone their repay...
- China's Xi urges 'all-out' infrastructure push to boost growthDespite struggling to defeat the country's worst outbreak in two years, the leadership is digging in its heels with a strict zero-Covid pol...
- China's economic data hints at cost of zero COVID strategyThe slowdown that started in March is expected to worsen this month, with even more regions placed under restrictions. This is bad news for...
- Recession risks duel resilience hopes in global economy outlookThe big advanced economies will expand only moderately this year and weaken further in 2023, she said. Large emerging markets face a “diver...
- China tries to limit economic blow of Shanghai shutdownAt the Shanghai port, the world's busiest, operations were normal and managers made extra efforts to ensure vessels "can call normally," st...
- China weighs exit from 'zero COVID' and the risks involvedChange does not appear imminent, with more than 15,000 new cases this month in multiple outbreaks across the country, as well as an even la...
- In a couple of years, 35-40% of Dixon revenues to come from exports: CFO“I believe the China lockdown situation should de-escalate within a week. We have a production cover till April. We have inventories with u...
- Surge of Omicron infections prompts lockdowns in ChinaChina is grappling with its largest surge of COVID-19 infections since the coronavirus first emerged more than two years ago in central Chi...
- Nearly 30 million under lockdown in China as virus surgesChina reported 5,280 new Covid-19 cases on Tuesday, more than double the previous day's tally as the highly-transmissible Omicron variant s...
- China battles multiple outbreaks, driven by stealth omicronHundreds of cases were reported in other provinces and cities along China's east coast and inland as well. Beijing, which had six news case...
- Shenzhen lockdown likely to hit Indian steel, electronics & automobile companiesIndian electronic device makers import a large chunk of parts from Shenzhen. Singh said the disruption will compound the problems caused by...
- China shuts business center of Shenzhen to fight virus surgeEveryone in Shenzhen, a finance and technology center that abuts Hong Kong, will undergo three rounds of testing after 60 new cases were re...
- Living with Covid proving tough for a gridlocked world economyThe World Bank has already lowered its growth outlook and International Monetary Fund Managing Director Kristalina Georgieva on Friday pred...
- China battles Omicron spread as millions more start new lockdownAuthorities in Anyang announced the lockdown late on Monday, issuing a notice ordering residents not to leave their homes or drive cars on ...
- Port gridlock stretches supply lines thin in blow for economiesAs the Big Crunch of 2021 has repeatedly demonstrated, a bottleneck in one corner of the globe eventually exacerbates a logjam or compounds...
- China lifts 73-day lockdown of Wuhan amid sharp increase in COVID-19 casesThe Chinese health authority said on Wednesday that 62 new confirmed COVID-19 cases were reported on the Chinese mainland on Tuesday, inclu...
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