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Wall Street’s main indexes fell on Friday as U.S. President Donald Trump accused China of violating a tariff agreement, ramping up tensions in a trade war that has roiled global markets and businesses. Trump’s post on his Truth Social platform did not specify how China had violated the agreement made in Geneva, Switzerland, and what…
Coal-fired plants asked to boost stockpiles by 10%, cut imports Move seen as bid to support coal prices, now at four-year lows Traders sceptical that guidelines will spur additional buying BEIJING, – China is pressing its coal-fired power plants to stockpile more of the fuel and import less in an effort to shore up domestic…
The Chinese regulator has published draft guidelines for fees online platforms charge third-party merchants, an important source of revenue for companies including JD.com, Meituan and PDD Holdings Inc. Companies that operate online platforms should charge reasonable fees and take into account factors like the operational status of merchants with which they do businesses, the State…
BEIJING/TAIPEI (Reuters) -Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said. Also Read | Nvidia says controls on AI chips exports to China were ‘failure’, praises Trump…
The de-escalation of the trade war has brought some relief to the market globally. Yet when it comes to Chinese equities, investors remain reluctant to bet on big gains moving forward. The Hang Seng China Enterprises Index of mainland stocks traded in Hong Kong has rebounded almost 17% from its low in April, and the…
Metal Stocks: Vedanta, Hindalco, Nalco share prices rebounded 4-13% during week ending 16 May 2025. While the US- China tariff talks raise hopes on improvement on base metal prices, however caution still prevails. say analysts Vedanta, Hindalco, Nalco share price movement Vedanta, Hindalco, Nalco share prices saw a good rebound with 4-13% regained during week…
China shrank its holdings of US Treasuries in March, with the UK replacing it as the No. 2 overseas owner. The month, which preceded the April turmoil in the Treasuries market, saw a second straight jump in foreign purchases, to a fresh record high. Total overseas holdings rose $233.1 billion, to $9.05 trillion, Treasury Department…
India has emerged as the most preferred equity market in the Asia Pacific region, according to the latest Fund Manager Survey (FMS) by BofA Securities. Backed by positive sentiment around infrastructure development, strong consumption trends, and ongoing supply chain realignments, Indian equities have overtaken Japan to secure the top spot among fund managers. A net…
China’s expanding geopolitical ownership shows that the Asian nation owns a significant stake in Pakistan and Bangladesh’s stock exchanges by acquisition through the consortium method, official filings data show. In 2017, China acquired a 40 per cent stake in the Pakistan Stock Exchange (PSE), though a consortium of companies like the Shanghai Stock Exchange (SSE),…
Online travel bookings platform, Ixigo’s Managing Director and Chief Executive Officer (CEO), Aloke Bajpai, in a post on the social media platform X on Saturday, May 10, announced that the company is suspending all hotel and flight bookings to Turkey, China & Azerbaijan amid the ongoing India and Pakistan conflict. Bajpai called that blood and…