EU investments in China soar to new quarterly record of US$3.9 billion
Greenfield investments – the creation of a new company or establishment of new facilities – soared to €3.6 billion (US$3.9...
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China, US locked in lose-lose tech battle whoever wins White House, experts say
The presidential race between Donald Trump and Kamala Harris comes at a time of rising geopolitical tensions on multiple fronts....
Chinese yuan use up 21.1% in cross-border trade as Beijing pushes global role for currency
Use of the Chinese currency for cross-border trade rose by more than a fifth in the first eight months as...
US House clears a largely bipartisan package of bills to counter China
WASHINGTON (AP) — The U.S. House this week approved a sweeping package of bills to counter China’s influence, shoring up...
China’s yuan hits internationalisation landmark with record share of global payments
Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use...
Stock market today: Wall Street slips as S&P 500 heads for its worst week since April
NEW YORK (AP) — U.S. stocks are slipping Friday, as businesses around the world scramble to contain the effects of a disruptive technology outage.The S&P 500 was 0.6% lower in afternoon trading, a day after a widespread wipeout dragged down much of the market, and it’s on track to close its worst week in months. The Dow Jones Industrial Average was down 384 points, or 1%, as of 1:57 p.m. Eastern time, and the Nasdaq composite was 0.8% lower.The moves came as a major outage disrupted flights, banks and even...
Chinese stocks mired in ‘secular bear market’, says top Morgan Stanley strategist
“Hong Kong and China equities, onshore and offshore, may be in a secular bear market,” he said in an interview....
Hong Kong stock market will rebound with more IPOs ‘in pipeline’ in second half of year: Paul Chan
“I won’t comment on specific cases, but we are very confident that strong support from the central authority has been...
Hong Kong stock market will rebound with more IPOs ‘in pipeline’ in second half of year: Paul Chan
“I won’t comment on specific cases, but we are very confident that strong support from the central authority has been...
Opinion | Hong Kong’s stock market on track for a return to brighter days
It has been a trying time for investors in Hong Kong markets. The former initial public offering capital of Asia,...
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