China

China has two primary Purchasing Managers' Index (PMI) surveys - the official PMI released by the National Bureau of Statistics (NBS) and the Caixin China PMI published by the media company Caixin and research firm Markit / S&P…

HONG KONG (Reuters) - A group of investors led by private equity firm PAG on Saturday announced an investment of $8.3 billion for a 60% stake in Chinese property giant Dalian Wanda's mall unit. Dalian Wanda will retain 40% in Newland…

WASHINGTON (Reuters) -The Biden administration on Friday revised rules aimed at making it harder for China to access U.S. artificial intelligence (AI) chips and chipmaking tools, part of an effort to hobble Beijing's chipmaking industry…

This bipartisan sentiment makes it challenging for those trying to argue for a more cautious, less aggressive approach to the world’s second-largest economy, like former U.S. Treasury Secretary Larry Summers, who was instrumental to…

The halcyon days where venture capitalists were content forking over billions to the latest AI startup, as researchers burned through cash with little to show for it, may be all but over. A “reckoning” is coming soon for AI companies that…

Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressJohn HannaPublished Mar 27, 2024  •  3 minute read You can save this article by registering for free here. Or sign-in if you have an account.Article…

© Reuters. FILE PHOTO: The logo of accounting firm PricewaterhouseCoopers (PwC) is seen on the top of a Brussels' office of the company, in Diegem, Belgium September 21, 2023. REUTERS/Yves Herman/File Photo HONG KONG (Reuters) -…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

© Reuters. FILE PHOTO: Models present creations from the Gucci Fall/Winter 2024 collection during Fashion Week in Milan, Italy, February 23, 2024. REUTERS/Claudia Greco/File Photo By Mimosa Spencer PARIS (Reuters) - Shares of Kering…

Four key indicators from China. The January-February data has been combined to account for the moveable Lunar New Year holidays each year. Data released by China's National Bureau of Statistics (NBS).Industrial Production y/y +7.0%, a…