China

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,…

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…