Nov 07, 2022 16:32 PM- China Traders Look Beyond ‘Zero-Covid’ Pledge to Snap Up Stocks
- A closely watched index of Chinese shares in Hong Kong jumped more than 3%, extending gains after capping its best week since 2015
Nov 07, 2022 16:24 PM- PBOC Ends Stronger-Than-Expected Yuan Fixings Amid Covid Bets
- China’s central bank set the daily midpoint at 7.2292 per dollar, weaker than an average estimate from a Bloomberg survey of analysts
Nov 07, 2022 16:16 PM- Apple Cuts Outlook for iPhone Shipments on China Lockdowns
- The disruption comes at a crucial time for the company, which launched its new handsets during an unprecedented slump in global electronics demand
Nov 05, 2022 03:42 AM- Saudi Arabia Cuts Oil Prices for Asia as Growth Slows
- Rising interest rates and pandemic lockdowns in China hit energy consumption, causing oil futures to drop 20% since June
Nov 05, 2022 03:35 AM- China to Offer BioNTech Covid Shot to Expatriates, Scholz Says
- German chancellor discusses plan to use mRNA vaccinations on mainland in visit with Chinese leaders amid rising pressure for easing of ‘zero-Covid’ policies
Nov 04, 2022 19:44 PM- Singaporean Bank OCBC's Quarterly Profit Reaches Record on Higher Interest Rates
- The city-state’s second-largest bank beat estimates with third-quarter earnings up 31% to $1.1 billion
Nov 04, 2022 19:35 PM- Apple’s New iPhones Struggle in China, Even With Deeper Discounts
- Sales of the four iPhone 14 models are 28% lower than the iPhone 13 family of products during their first 38 days on the market
Nov 04, 2022 19:17 PM- China Tacitly Guides Yuan Weaker, Though Reopening Hopes Offer Support
- The PBOC widens the scope for the currency to weaken as speculation about a relaxation of ‘zero Covid’ provides a cushion
Nov 04, 2022 19:04 PM- Foxconn Partners With Saudi Wealth Fund to Build Electric Cars
- A joint venture will license component technology from BMW and design and build vehicles in the country
Nov 04, 2022 04:13 AM- China’s Venture Funding Plunges After Crackdown
- Startup funding is down 44% through October reflecting regulatory moves and global pullback in startup investing
Nov 04, 2022 04:03 AM- Ant Digital Bank Expands in Singapore With Small Business Loans
- Chinese fintech giant’s ANEXT Bank offers loans of $3,500 to $70,000 to small and medium-sized operations
Nov 03, 2022 20:13 PM- DBS Third Quarter Profit Surges to Record High on Rising Interest Rates
- Singapore’s largest bank’s net profit stood at $1.6 billion, up 32% from a year ago
Nov 03, 2022 19:39 PM- Hong Kong Follows Fed With Rate Hike, Adding to Economy’s Woes
- Higher borrowing costs will add to headwinds facing an economy buffeted by weak global demand, a slow reopening after three years of pandemic isolation, and a talent exodus
Nov 03, 2022 05:10 AM- China Solar Giant Sees Further Turmoil in U.S. Market Next Year
- Longi Green Energy warns that stricter American import rules are blocking delivery of a massive number of solar panels
Nov 03, 2022 04:52 AM- China Locks Down Area Around ‘iPhone City’ in Blow to Apple
- Pandemic control measure in Zhengzhou will last until Nov. 9 as authorities respond to surge of Covid infections
Nov 02, 2022 16:54 PM- Singapore and China Reach 19 Deals, Boosting Ties in Green Financing, Digitalization
- Vice Premier Han Zheng, who led the Chinese delegation, is the most senior leader from China to visit the city-state since the pandemic began
Nov 02, 2022 15:41 PM- Evergrande, Sunac Top List of Chinese Builders Due in Hong Kong Court
- Global money managers will be closely watching after both firms defaulted on dollar bonds in the past year
Nov 02, 2022 03:51 AM- U.S. Ban on Americans at China Chip Companies Narrower Than Expected
- Rules clarifying sanctions seem to mostly target U.S. persons in certain jobs at semiconductor manufacturing equipment operations
Nov 02, 2022 03:48 AM- CATL Unit to Take 25% Stake in China Cobalt Giant
- Investment of $3.7 billion by China’s dominant EV battery producer is part of an industrywide rush to lock in material supplies
Nov 01, 2022 18:14 PM- Global Bankers Fly Into Hong Kong Amid Growing U.S.-China Tensions
- The event is designed to show the city is back in business after years of isolation caused by Covid restrictions raised doubts over its future as an international finance center
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