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BLOOMBERG Bloomberg Markets Asia July 12, 2024

We are looking ahead to the fed minutes out on wednesday. Lets change the board and look at the currencies and we will check in on some of the commodities. The u. S. Dollar index currently flat. You have the euro gaining just four basis points. A stronger euro over eight straight weeks. That is beneficial for emergingmarket currencies. The yen, 76. Rsus some gains for the aussie versus the safe haven yen. Gold had its first weekly drop since early june. Gold firmly in focus. Down 3 10 of 1 . 42 ...
United States Hong Kong Soul T Ukpyolsi South Korea New South Wales Krung Thep Mahanakhon

World's Largest Electric Container Ship Sets Sail with 50,000 kWh Battery Power

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
Wang Jun Pioneering Sustainable Maritime Solutions China Ocean Shipping Group Company Group Is China Green Water Groundbreaking Electric Vessel

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Huayou Cuts Lithium Production, Costs on Battery Metals Rout

(Bloomberg) -- Zhejiang Huayou Cobalt Co. said it has reduced lithium output and cut costs after reporting a 49% slump in net income in the first quarter. Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsChina Is Front and Center of Gold’s Record-Breaking RallyTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke...
South Korea Wang Jun Bloomberg Businessweek Chen Hongliang Tesla Inc Bloomberg Zhejiang Huayou Cobalt Co
Source: yahoo.com

Analysis-What overcapacity? China says its industries are simply more competitive

The last day of U.S. Secretary Janet Yellen's trip to China coincided with the strongest retort yet from Beijing officials over her claims that China is flooding global markets with cheap goods, particularly in the new green industries. As Yellen laid out plans to formalise dialogue with China over excess industrial capacity in electric vehicles (EVs), solar panels and batteries, saying Washington would not accept U.S. industry being "decimated", the Chinese finance ministry issu...
Zhang Yan United States Wang Jun Hong Kong Li Yong Bruxelles Capitale
Source: yahoo.com

Cheche CEO Lei Zhang Highlights the Strategic High Ground of Car Insurance for Auto Makers at China EV100

Cheche Group Inc. ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced that Lei Zhang, Founder and co-CEO of Cheche Group, delivered a speech at the recent China EV100 Forum encapsulating the state of the...
Wan Gang Ping An Wang Jun Yu Chengdong Wang Chuanfu Zhou Daoxu

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