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January 5, 2024
(Bloomberg) -- China is launching an anti-dumping investigation into liquor products like brandy from the European Union, in a relatively modest step after the bloc opened a probe last fall into its electric vehicle subsidies.Most Read from BloombergIslamic State Claims Responsibility for Deadly Iran BlastsBusiness Insider Says Ackman’s Wife Plagiarized Doctoral ThesisJust a Billion Doesn’t Cut It on This Exclusive Florida IslandHuawei Teardown Shows 5nm Chip Made in Taiwan, Not Ch...
January 3, 2024
(Bloomberg) -- China’s local government financing vehicles need to pay back a record amount of maturing local bonds this year, testing the limits of a central government program to help them refinance their debt and avoid default. Most Read from BloombergTech Stocks Log Four-Day Losing Streak, Bonds Rise: Markets WrapSaving the Panama Canal Will Take Years and Cost Billions, If It’s Even PossibleFed Sees Rates Staying High for Some Time With Cuts Eyed in 2024Harvard’s Presid...
January 2, 2024
(Bloomberg) -- ASML Holding NV canceled shipments of some of its machines to China at the request of US President Joe Biden’s administration, weeks before export bans on the high-end chipmaking equipment came into effect, people familiar with the matter said.Most Read from BloombergQuake Hits Northwestern Japan, Killing Four, Wrecking HomesIran Sends Warship to Red Sea After US Sinks Houthi BoatsIndia’s Crude Oil Imports From Russia Plunge on Payment IssuesMaersk Halts Red Sea Ship...
December 28, 2023
(Bloomberg) -- China’s top political advisory body removed three senior leaders at missile-making firms from its national committee, the latest sign of turmoil within the upper echelons of the nation’s military.Most Read from BloombergChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionApple Resumes Sale of Watches After Appeals Court Lifts US BanS&P 500 Rally Flashes Signs of Fatigue N...
November 29, 2023
(Bloomberg) -- Chinese President Xi Jinping spent his first decade in office accumulating power at the expense of the Communist Party’s No. 2 official. Now that he’s installed a trusted loyalist as premier, China’s most powerful leader since Mao Zedong is getting more comfortable delegating authority.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hosta...
November 16, 2023
(Bloomberg) -- US business titans including Apple Inc.’s Tim Cook and BlackRock Inc.’s Larry Fink are set to attend a dinner with Chinese President Xi Jinping on Wednesday, as he tries to woo foreign capital to the world’s second-largest economy.
November 16, 2023
(Bloomberg) -- US business titans including Apple Inc.’s Tim Cook and BlackRock Inc.’s Larry Fink are set to attend a dinner with Chinese President Xi Jinping on Wednesday, as he tries to woo foreign capital to the world’s second-largest economy.
November 1, 2023
(Bloomberg) -- Manufacturing activity in Asia slumped again in October as conflict in the Middle East drove oil prices higher, costs rose and global demand remained under pressure. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitZillow Plunges After Verdict on Real Estate Brokerage CommissionsSaudi Forces on Alert After Clash With Iran-Backed HouthisSony’s Bungie Game Unit Cut 8% of Staff After &#...
November 1, 2023
(Bloomberg) -- China vowed to set up a long-term mechanism to resolve debt risks tied to local authorities and signaled willingness to expand central government borrowing as it concluded a twice-a-decade policy meeting.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitZillow Plunges After Verdict on Real Estate Brokerage CommissionsSaudi Forces on Alert After Clash With Iran-Backed HouthisSony’s Bun...
November 1, 2023
Manufacturing activity in Asia slumped again in October as conflict in the Middle East drove oil prices higher, costs rose and global demand remained under pressure. Most countries across the region reported pressures from cost inflation, shrinking output and new orders, according to manufacturing purchasing managersโ indexes published Wednesday by S&P Global and au Jibun