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2 mins read
Here's what Trump's victory means for Indian markets
Early trends in the US presidential election show Trump leading, which could impact Indian markets.…
1 min read
Chinese stocks drop as Trump's presidency spells more tariff risk
Trump's re-election pulled down Chinese-listed shares in Hong Kong as traders braced for possible t…
Filip De Mott
1 min read
Russian banks say they're run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…
Jennifer Sor
2 mins read
Nearly all Chinese banks are refusing to process payments from Russia, report says
Almost all Chinese banks — even small regional ones — are now refusing to accept direct transaction…
Huileng Tan
2 mins read
As Trump threatens tariffs on China, the Chinese market pins its hopes on a massive stimulus announcement
Trump, a China hawk, has floated tariffs of more than 60% on Chinese goods.
Huileng Tan
2 mins read
To get paid by Russian customers, some Chinese banks are taking documents across borders to get them stamped, reported Reuters
Smaller local Chinese banks are overlooking US sanctions to process payments with Russia because th…
Huileng Tan
2 mins read
Some Chinese banks are so fearful of sanctions that they're returning payments for goods that have reached Russia, report says
The US Treasury and State Department recently announced fresh restrictions against 400 people and e…
Huileng Tan
2 mins read
Sensex, Nifty tumble nearly 1.5% as bank stocks slump on weak Japanese markets
Equity benchmark indices tumbled nearly 1.5% on Monday due to heavy selling in frontline stocks Rel…
2 mins read
Stock market ends lower on Monday; Investors eye Hyundai listing and RBI minutes
Bajaj Auto, HDFC Bank, Asian Paints, Mahindra & Mahindra (M&M), and Eicher Motors emerged as the to…
ANI
2 mins read
Why Chinese stocks will climb another 50% from current levels, research CEO says
China's economy has the perfect ingredients to stage a monster stock rally in the next year, one re…
Jennifer Sor
5 mins read
Young Chinese are looking for dupes and cheaper substitutes for everything from Hermès to travel
The trend comes as China faces a prolonged economic slump following its exit from pandemic lockdown…
Huileng Tan,Matthew Loh
2 mins read
Indonesia sent a Chinese ship packing, escalating a fight over oil and gas in the South China Sea
Indonesia said it deployed two ships and an aircraft to drive Chinese coast guard ship out of the c…
Thibault Spirlet
1 min read
It could soon get a lot harder for Russia to deal in Chinese yuan
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant …
Jennifer Sor
2 mins read
What you need to know about the Chinese EV loved by Ford's CEO — and why you can't get it in the US
Ford's CEO is a big fan of the Xiaomi SU7, a Chinese EV. Here are the electric vehicle's key featur…
Benjamin Zhang
2 mins read
Chinese property stocks surge after 3 major cities relax restrictions on homebuying
China's property stocks rose 7% Monday after Shanghai, Shenzhen, and Guangzhou eased homebuying rul…
Kelly Cloonan
3 mins read
Sensex hits 85,000 level but closes flat as FMCG, banking shares drag
Sensex scaled the 85,000 level and Nifty breached the 26,000 mark for the first time before paring …
3 mins read
All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank
China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…
3 mins read
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it bre…
Huileng Tan
3 mins read
De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …
Huileng Tan
2 mins read
Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues
Mumbai's Sensex and Nifty indices fell for the sixth consecutive session, influenced by significant…