Geopolitical rivalries, especially U.S.-China trade battles, now top inflation concerns for sovereign wealth funds and central banks. Global conflicts, like Russia-Ukraine war and trade restrictions, now…
Browsing: #CHINA
Nvidia is developing China-compatible AI chips adhering to U.S. export controls, according to three informed sources. The AI chip company introduced its “Blackwell” chip family in…
Asian equities fell Thursday, driven by chip stocks, as U.S.-China trade tensions rose. Meanwhile, the yen remained firm. The U.S. dollar hovered near a four-month low,…
Asian stocks hit record highs Thursday; sterling reached a four-month peak on strong growth, as traders anticipated easing U.S. inflation. U.S. stocks reached new highs on…
China’s consumer prices rose for a fifth month in June but missed expectations, while producer prices continued to decline amid slow economic recovery efforts. Beijing aims…
CATL and BYD are exploring the expanding market for stationary energy storage solutions in China. Since 2021, CATL leads global battery deliveries for energy storage, holding…
During his China visit starting Friday, Economy Minister Robert Habeck will stress Germany’s trade commitment, though analysts favor U.S.-German ties. Habeck will explain the EU’s duties…
China’s securities regulator approved Momenta Global Limited’s US IPO, as stated on Monday. Momenta intends to issue shares, listing on Nasdaq or NYSE, as stated by…
HSBC Adds 300 Employees in China After Acquiring Citi’s Wealth Business Date: June 11, 2024Location: ChinaHSBC Expands Workforce in ChinaThe Asia-focused lender, HSBC, announced on Tuesday…
Russia and China, possessing veto power in the UN Security Council, voiced alarm on Thursday about a draft resolution proposed by the United States. The resolution…