2023-08-11 11:39:00 Chinese real estate developer Country Garden Holdings has vowed to “do all it can to save itself”. The company is hoping to boost sentiment with the slogans after it issued a loss warning and suffered yet another downgrade. Updated August 11, 2023 19:39 CST Chinese real estate developer Country Garden Holdings Co., 2007.HK, … Read more
2023-08-09 03:00:00 China’s top diplomat assured Russia that Beijing’s stance on the war in Ukraine has not wavered; it comes after a Chinese envoy attended a multilateral forum to discuss how to end the conflict, but Russia was excluded from the forum outside. In a phone call on Monday, Chinese Foreign Minister Wang Yi and … Read more
2023-08-08 08:55:00 With the rapid rise of the U.S. dollar index, the onshore yuan fell sharply against the U.S. dollar on Tuesday, hitting a new low in nearly three weeks at one point. China’s trade data in July further weakened, and the market was pessimistic about the CPI tomorrow morning, exacerbating the decline in the … Read more
2023-08-08 06:00:00 Moody’s may downgrade the credit ratings of six major U.S. banks, including US Bancorp, State Street and BNY Mellon Inc. Updated August 8, 2023 at 14:00 CST Moody’s Investors Services may downgrade the credit ratings of six of the largest U.S. banks, including US Bancorp (USB), State Street Co. (STT ) and Bank … Read more
2023-08-08 03:50:00 According to data released by the General Administration of Customs of China on Tuesday morning, in terms of US dollars, China’s exports in July fell by 14.5% year-on-year, and imports fell by 12.4%. This means that China’s exports and imports have fallen for the third consecutive month, and the decline has widened. Updated … Read more
2023-08-04 06:35:00 Strategists at Morgan Stanley said in a report that China was no longer suitable for overweight, and the bank adjusted its ratings on several emerging markets and Asia-Pacific markets. Updated August 4, 2023 14:35 CST Morgan Stanley (Morgan Stanley) strategists said in a report that China is no longer suitable for overweight, and … Read more
2023-08-04 00:00:00 The number of Americans filing for unemployment benefits edged up to 227,000 last week, providing further evidence that layoffs are low and the labor market remains tight. Updated August 4, 2023 08:00 CST The number of Americans filing for unemployment benefits edged up to 227,000 last week after falling to a five-month low, … Read more
2023-08-01 05:45:00 Republican presidential candidate Ron DeSantis said he would consider a nationwide ban on the popular video-sharing app TikTok if elected, citing the growing threat from China to the United States. “I tend not to want TikTok in the U.S.,” DeSantis told The Wall Street Journal. “I think it opens us up to a … Read more