Asian stocks climb on Monday
Asian shares climbed on Monday, led by a 2.8 per cent jump in Japan’s Nikkei, after reports that the Liberal…
Browsing Tag
Beijing
Beijing to build 20 5G factories by ’27
Beijing plans to accelerate the integration of 5G and industrial internet by establishing at least 20 5G factories…
China pledges climate support, investments to Pacific Islands
China pledged greater support to Pacific Island countries in combating climate change, promising 100 development…
Egypt’s ECS hosts Chinese textile delegation to boost investment ties
The Egyptian Commercial Service (ECS), in collaboration with ExpoLink, organised an investment forum on 13 May…
Central Bank of Egypt meets Chinese delegation to enhance bilateral relations
Egypt’s central bank governor met with a senior Chinese delegation in Cairo on Tuesday as the two countries look to…
Egypt’s Housing Min., China’s CSCEC discuss joint projects
Egypt’s Minister of Housing, Utilities and Urban Communities Sherif El Sherbiny met on Tuesday with Chairman of…
Oil prices plunge to 4-year lows on Wed
Oil prices plunged to four-year lows on Wednesday, with Brent crude falling $4.02, or 6.40 per cent, to $58.80 a…
URGENT: China retaliates
China will raise tariffs on US goods to 84 per cent starting Thursday, up from the previously announced 34 per…
China resells US LNG
Chinese buyers of US liquefied natural gas (LNG) are increasingly reselling cargoes to Europe as tariffs imposed by…
Li Qiang urges market openness amid US tariff concerns
Chinese Premier Li Qiang called on countries to open their markets to address increasing instability and…
BYD to raise $5.2 billion through H. Kong share sale
Chinese electric vehicle maker BYD is selling its Hong Kong shares to raise up to $5.2 billion through an…
China mulls equal treatment in free trade zones
China will provide foreign financial institutions with equal treatment to domestic ones in offering new financial…
China pledges ample liquidity for economy
China's central bank chief stated on Monday that the government will back a moderately loose monetary policy to…
H. Kong unveils new yuan trade finance scheme
Hong Kong plans to introduce a new yuan trade finance scheme and expand its Bond Connect programme for Chinese…
Oil down on Monday
Oil prices dipped in thin trade on Monday as investors awaited key Chinese and U.S. economic data this week to…
Chinese firms pledge $7.46b for Indonesian projects
Indonesia's investment ministry announced that multiple Chinese companies have pledged to invest $7.46 billion in…
China faces record capital outflow in Nov. ’24
China's capital markets experienced a record outflow of $45.7 billion in November, based on official data…
China commits to stabilise housing, equity markets
China's regulators have committed to strengthening measures to stabilise the housing and equity markets and…
Asian stocks rally on Bessent’s Treasury appointment
Asian stocks and US equity futures reacted positively to the appointment of fund manager Scott Bessent as US…
China’s c. bank keeps key lending rates steady
The People's Bank of China (PBC) has decided to maintain its key lending rates unchanged, according to its…
China unveils tax incentives for struggling property market
The Chinese government has implemented new tax incentives aimed at stimulating the ailing property market.
China weighs major fiscal stimulus tied to US Election outcome
China is gearing up to inject significant fiscal stimulus into its economy, with plans to issue over 10 trillion…
China says EU’s separate EV talks ‘shake mutual trust’
China has issued renewed warnings to the European Union (EU) regarding the potential consequences of the bloc…
Asian markets rise amid strong US earnings
Asian stock markets mostly traded higher on Tuesday, buoyed by a strong close on Wall Street and optimism about…
Iron ore rises on China stimulus speculation
Iron ore prices rose nearly 3 per cent in Singapore, marking a continuation of strong gains following an 18 per…
China commits necessary spending to meet growth target
Chinese leaders promised to use necessary fiscal spending to achieve this year's economic growth target of around…
Taiwan lifts restrictions on Fukushima food
Taiwan has lifted restrictions on food imports from Japan imposed after the Fukushima nuclear accident in 2011.
China’s c. bank cuts interest rates to banks
The People's Bank of China (PBC), lowered interest rates on medium-term loans to banks as part of a broader…
China stimulus boosts Asian markets on Wednesday
Asian stocks rallied on Wednesday, buoyed by China's announcement of new stimulus measures to bolster its…
N. Korea seeks closer ties with China
North Korean leader Kim Jong-un expressed his desire to strengthen friendly relations with Beijing in a recent…
China’s carbon market to add heavy industries by year-end
China is set to expand its national carbon trading market by the end of 2024 to include the steel, aluminium, and…
Egypt, Tsinghua Unigroup collaborate on $300m tech fund, data centre
Egypt's Telecom Egypt, the Applied Innovation Center (AIC), and Tsinghua Unigroup signed a Memorandum of…
Huawei to establish development centre in Egypt
Huawei Egypt announced an expansion of its operations, including the launch of a new development center, marking a…
Egypt, Wuhan FiberHome sign deal to establish fiber optic cable factory
Egypt and Wuhan FiberHome International Technology signed a Memorandum of Understanding (MoU) aimed at bolstering…
China’s budget spending falls 2% YoY
China's total spending in the public budget and government fund account was approximately $2.8 trillion in the…
China-Africa economic ties reach new highs – official
China has underscored its deepening economic and trade cooperation with Africa since the 2021 Forum on China-Africa…
Foreign investment in Japanese startups up 70% in H1 ’24
Foreign venture capital funds are increasingly interested in Japanese startups, with investments rising by nearly…
China-Africa trade rises 5.5% to $166.6b in H1 of ’24
Trade between China and Africa rose 5.5 per cent year on year to 1.19 trillion yuan (about $166.6 billion) from…
US overtakes China as Germany’s top trading partner
The United States surpassed China as Germany's largest trading partner in the first half of 2024, according to…
China fully implements reforms in FTZs
China has successfully completed the first phase of reforms aimed at aligning its pilot free trade zones (FTZs)…