China

It is being reported by Reuters that Chinese regulators have met with financial institutions and requested large banks to step up support for Vanke. And that includes asking private debt holders to discuss a maturity extension for the…

Consumer price inflation data from China for February 2024 shows an exit from deflation CPI +0.7% y/yexpected +0.3%, prior -0.8% (that -0.8% in January was the sharpest the steepest fall in more than 14 years) for the m/m, comes in at…

Crude Oil (WTI) Main Talking Points:US Crude still doesn’t look comfortable above $80/barrelIts overall uptrend remains in place, howeverThis week will bring its share of event risk Recommended by David Cottle How to Trade…

Elon Musk is no longer the world’s richest person—and China is to blame. Tesla shares dropped 7.2% in Monday trading, following weak February sales in China, one of the U.S. EV maker’s most important markets. Shares then dropped an…

© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Wayne Cole SYDNEY (Reuters) -The dollar was steady against the yuan on Tuesday as markets…

3/3 © Reuters. Security personnel stand guard, on the day of the opening session of the Chinese People's Political Consultative Conference (CPPCC), outside the Great Hall of the People, in Beijing, China March 4, 2024. REUTERS/Tingshu…

© Reuters. FILE PHOTO: People walk on a pedestrian bridge at the central business district (CBD) during morning rush hour, ahead of the opening of the National People's Congress (NPC), in Beijing, China, February 29, 2024.…

Tesla (TSLA) shares dropped to new multi-week lows as slowing China shipments and new price cuts there hint at troubles for the EV stalwart in the world’s largest car market.Tesla reported 60,365 vehicle shipments from its Giga Shanghai…

© Reuters. FILE PHOTO: A staff member looks at Tesla's new Model 3 sedan displayed next to Model X SUV at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 2, 2023. REUTERS/Florence Lo/File Photo…

Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressZimo ZhongPublished Mar 04, 2024  •  3 minute read Article contentHONG KONG (AP) — Asian stocks were mostly higher Monday ahead of China’s top annual political…