Tesla shares slide 3%
Tesla’s shares tumbled more than three per cent in pre-market trading on Monday, as concerns about profitability…
Browsing Tag
China
China budget spending grows by 7t yuan in Q1 ’24
China's Ministry of Finance reported on Monday that general public budget spending grew by 2.9 per cent…
China’s c. bank pumps 2b yuan to maintain banking sector
The People's Bank of China (PBC), injected a 2 billion-yuan ($281.5 million) liquidity into the banking system on…
China’s Q1 water conservancy investment climbs by 4.4%
China’s investment in water conservancy facilities increased by 4.4 per cent year on year, reaching 193.3 billion…
China’s fiscal revenue falls 2.3% in Q1 of ‘24
China's Ministry of Finance reported a 2.3 per cent decline in fiscal revenue for the first quarter of 2024…
China’s EV market to see price war due to oversupply
China's electric vehicle (EV) market is expected to see a fierce price war erupt this year as supply outpaces…
China holds rates steady despite positive economic data
China's central bank maintained its wait-and-see approach, keeping benchmark lending rates unchanged at its monthly…
West wrong on China’s clean energy ‘overcapacity’ – Bloomberg
The West’s concerns over China’s “overcapacity” in clean energy are misplaced, according to a recent Bloomberg…
Yuan strengthens slightly vs dollar on Monday
The Chinese yuan strengthened slightly against the US dollar on Monday, with the central parity rate set at 7.1043…
Asia expects 4.9% growth despite China’s slowdown – ADB
The Asian Development Bank (ADB) projects a promising 4.9 per cent growth rate for the region's economy in both…
