China
Investing.com– Asian stocks kept to a tight range on Wednesday as technology shares turned skittish before key earnings from Nvidia Corp , while Chinese markets struggled after Beijing left its benchmark lending rates unchanged. Regional markets took little strength from a positive overnight session on Wall Street, which was spurred…
SHANGHAI/HONG KONG (Reuters) – Major Chinese fund companies announced a reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the rapidly expanding $400 billion sector of the market. The move to cut management and custodian fees came a day after Wu Qing,…
Investing.com– Most Asian stocks rose on Tuesday with local technology stocks tracking overnight strength in their U.S. peers, with focus this week squarely on an interest rate decision in China and Japanese inflation data. Regional markets took some positive cues from Wall Street, as a rally in major tech stocks,…
Investing.com– Most Asian stocks kept to a tight range on Friday amid increased caution over U.S. interest rate cuts, while investors digested mixed economic readings from Japan and China. Regional markets took weak cues from Wall Street, which fell on Thursday after Federal Reserve Chair Jerome Powell warned that strength…
Michael Burry bolstered his bets on three Chinese tech companies last quarter.The “Big Short” investor raised his stakes in Alibaba, Baidu, and JD.com but also hedged the wagers.Burry didn’t add any new names to his stock portfolio but exited a couple in the period. Michael Burry doubled down on three…
Investing.com– Most Asian stocks fell on Thursday, extending recent losses as signs of sticky U.S. inflation fueled uncertainty over future interest rate cuts, while investors held out for more stimulus measures in China. Regional markets took middling cues from Wall Street as a risk-on rally, following Donald Trump’s election victory…
Trump has officially announced Sen. Marco Rubio as his pick for secretary of state.Rubio is a China hawk, has been sanctioned twice by Beijing, and may even be barred from the country.Rubio has also introduced and supported legislation for US military support for Taiwan. US President-elect Donald Trump has officially…
By Mei Mei Chu BEIJING (Reuters) – Since the U.S. and China imposed tit-for-tat tariffs in their trade war during Donald Trump’s first presidential term, Beijing has taken steps to reduce its reliance on American farm goods in a wider effort to bolster its food security. That has put China…
China showed off its new stealth aircraft, including the fifth-gen J-35A.The J-35A was described as featuring stealth, informationization, and networking capabilities.China’s reveal indicates its ambitions as it works to modernize its military. China just debuted its newest fifth-generation stealth aircraft, which appears to be its answer to the American F-35.The…
By Shashwat Chauhan (Reuters) – European shares slipped on Tuesday, with China-exposed heavyweight stocks amongst top decliners on worries that Donald Trump would likely bring in a China hawk as the top U.S. diplomat, while some downbeat earnings compounded losses. The pan-European shed 0.8%, with most sub-sectors falling. The benchmark…