PBOC’s Yuan Fix Is Losing Its Bite as Bearish Sentiment Mounts
China’s yuan is plumbing fresh lows for the year with the central bank’s favorite tool for guiding the
2023-08-15 08:57
HKEX, Banks Exploring Ways to Boost Stock, Derivatives Trading
Banks and the stock exchange in Hong Kong are discussing ways to revive moribund trading volumes. Regular meetings
2023-08-15 08:55
PBOC Adviser Says China Urgently Needs to Boost Consumption
An adviser to China’s central bank says the top priority of policymakers needs to be stimulating household consumption,
2023-08-15 08:48
Yellen Says China’s Slowdown Is ‘Risk Factor’ for US Economy
Treasury Secretary Janet Yellen called China’s economic woes a “risk factor” for the US, but one that doesn’t
2023-08-15 07:56
US hedge funds dumped shares in Chinese companies in Q2
By Carolina Mandl NEW YORK U.S.-based hedge fund investors such as Coatue, D1 Capital and Scion cut their
2023-08-15 02:27
Yuan Falls to Lowest Since November as Chinese Economy Sputters
China’s yuan fell to the weakest level since November after a series of disappointing economic figures added to
2023-08-14 21:28
China Passes Greece as Top Shipowning Nation by One Key Metric
China surpassed Greece as the world’s largest shipowner for the first time in one important metric, cementing its
2023-08-14 21:15
In the shadow of US-China rivalry, Arab allies tread delicate ground
As oil-rich Gulf states seek to diversify their military partnerships, they are finding themselves ensnared in the intensifying rivalry for global dominance between the United States and China.
2023-08-14 20:17
Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
BEIJING Bank of China Ltd, China's fourth-largest lender by assets, has launched a countrywide exercise to reduce the
2023-08-14 18:48
Country Garden Aims to Extend Maturing Bond in First Amid Crisis
Country Garden Holdings Co. is seeking to extend a maturing bond for the first time ever and halted
2023-08-14 18:30
Singapore Warns of ‘Unpredictable’ Risks Amid US-China Tensions
Singapore’s prime minister-in-waiting called for the global economy to be “prepared for the unpredictable,” amid strained relations between
2023-08-14 17:21
IPhone Maker Hon Hai Cuts Outlook as Electronics Demand Weakens
Hon Hai Precision Industry Co. now expects 2023 sales to fall after previously forecasting flat revenue, sounding a
2023-08-14 16:46