Tag: China
Onshore Yuan (CNY USD) Falls to Four-Month Low After Key Level Breached
China’s tentative loosening of its vise-like grip on the yuan unleashed a slide in the currency and pulled down its Asian peers along the way.The onsh [...]
The U.S. is the top country for millionaires and billionaires
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consu [...]
BYD Seagull EV puts global auto execs, politicians on edge
A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Co [...]
Nike (NKE) earnings Q3 2024
Nike's China sales continued to slow during its holiday quarter, but the retailer beat estimates on the top and bottom line, helped by better than exp [...]
London Jury Finds Jian Wen Guilty of Laundering Bitcoin Tied to Alleged China Investment Fraud: Bloomberg
Jian Wen, who denied the allegations, helped her former employer launder the funds between 2017 and 2022, a London jury found. The jury couldn't reach [...]
China and Australia foreign ministers meeting: Two economies are complementary – Forex Factory
China and Australia foreign ministers meeting: Two economies are complementary Forex Factory
www.forexfactory.com [...]
Blinken Warns China Against Armed Attack on Philippines
The secretary of state struck a balance seemingly meant to deter China while avoiding a dangerous escalation with Beijing.
www.nytimes.com [...]
Lego 2023 revenue ticks higher, despite trade-downs and China slump
The Lego company grew sales 2% last year, even as the global toy industry saw sales slip 7%, according to data from Circana.The pandemic-era gains tha [...]
United Airlines adds Morocco, Colombia, China flights
A United Airlines Boeing 787-8 Dreamliner aircraft is seen taking off from Amsterdam Schiphol Airport.Nicolas Economou | Nurphoto | Getty ImagesUnited [...]
Xinhua News | China's forex reserves rise to 3.2258 trln USD – Xinhua
Xinhua News | China's forex reserves rise to 3.2258 trln USD Xinhua
english.news.cn [...]
Amer Sports (AS) earnings Q4 2023
Shares of Amer Sports, the maker of Wilson tennis rackets and Lousiville Slugger baseball bats, fell about 10% on Tuesday after the company reported s [...]
Crude Oil Prices Struggle As China Growth Plans Fail to Convince
Crude Oil (WTI) Main Talking Points:US Crude still doesn’t look comfortable above $80/barrelIts overall uptrend remains in place, howeverThis week wil [...]
Yum China CEO says consumers are growing more ‘rational’
A KFC restaurant in Wuhan, China.Source: Yum ChinaWhile economists and investors fret over China's low consumer confidence and sluggish growth, Yum Ch [...]
Army Is Slashing Thousands of Jobs to Focus on Russia and China
Recents events suggest that the U.S. military will face challenges in the Middle East for years to come, even as it tries to shift priorities.
www.ny [...]
As China Expands Its Hacking Operations, a Vulnerability Emerges
New revelations underscore the degree to which China has ignored, or evaded, U.S. efforts to curb its extensive computer infiltration efforts.
www.ny [...]