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October 28, 2023
(Bloomberg) -- US underlying inflation picked up along with consumer spending as the third quarter drew to a close, government figures showed ahead of the Federal Reserve’s penultimate policy meeting of the year.Most Read from BloombergIsrael Latest: Iranian Minister Warns US Over Support of IsraelEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventCanada Plans College Crackdown Amid Foreign Student TroublesHouse Speaker Mike Johnson’s First Big Bill Cut...
October 25, 2023
(Bloomberg) -- Chinese President Xi Jinping signaled that a sharp slowdown in growth and lingering deflationary risks won’t be tolerated, making a series of rare policy moves to boost the economy while refraining from massive stimulus.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for Fi...
October 17, 2023
(Bloomberg) -- The last time Vladimir Putin set foot on Chinese soil he went home with the promise of a “no limits” partnership from President Xi Jinping. Less than a month later he launched the invasion of Ukraine. He is set to return to Beijing this week in a diminished state, needing the economic support of China and a route out of his self-inflicted political isolation. Most Read from BloombergIsrael Latest: Biden to Visit; Strikes on Hezbollah TargetsYour Guide to Understandin...
October 17, 2023
The last time Russian President Vladimir Putin set foot on Chinese soil he went home with the promise of a “no limits” partnership from President Xi Jinping. Less than a
October 15, 2023
Chinaโs economy isnโt yet on secure footing, as recent green shoots have been offset by lingering fears about the property crisis and a stubborn inability toโฆ
October 11, 2023
(Bloomberg) -- Journalist Cheng Lei has returned to Australia after her release from about three years of detention in China, in a major sign of diplomatic warming after years of tensions between the nations.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictIsrael Latest: Hezbollah, Israel Trade Fire on Lebanon BorderAfghanistan&#...
September 14, 2023
(Bloomberg) -- China’s central bank cut the amount of cash lenders must hold in reserve for the second time this year, a move that will help banks support government spending to stimulate the slowing economy.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackRay Dalio Says He Doesn’t Want to Hold Bonds, Cash ‘Is Good’Russian Elite Bring Back $50 Billion of Assets as Havens DwindleCiti Plans Job Cuts as It Revamps Top Management StructureEC...
September 8, 2023
(Bloomberg) -- Venezuela’s Nicolás Maduro will arrive in China on Friday as he tries to secure financial support from President Xi Jinping’s government before a presidential election. Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaHong Kong Shuts Down City After Heaviest Rainfall On RecordChina Seeks to Broaden iPhone Ban to State Firms, Agencies‘Blame t...
September 8, 2023
(Bloomberg) -- Venezuela’s Nicolás Maduro arrived in China on Friday as he tries to secure financial support from President Xi Jinping’s government before a presidential election. Most Read from BloombergHong Kong Extends Shutdown After Record Rain Overwhelms CityUS Probes Made-in-China Chip as Tensions Flare Over TechnologyApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With China‘Blame ...
August 29, 2023
(Bloomberg) -- China’s largest banks are preparing to cut interest rates on existing mortgages and deposits, the latest state-directed measures to shore up growth in the world’s second-largest economy.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesWhat to Do With a 45-Story Skyscraper and No TenantsPutin Agrees to Visit China in First Trip Since Arrest WarrantAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against D...