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China, Chinese yuan
Chinese yuan hits strongest level against the dollar in 16 months
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore up the slowing economy. Unlike the Fed's focus on a main interest rate, the PBOC uses a variety of rates to manage monetary policy.
Chinese central bank unveils economic stimulus package
China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash the size of the contingency cash buffer banks must keep on one side in a b
China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines against other major currencies after soft data on the consumer.
China unveils fresh stimulus to boost ailing economy
China unveiled some of its boldest measures in years on Tuesday aimed at boosting its struggling economy as leaders grapple with a prolonged property sector debt crisis, continued deflationary pressur
Wall Street, Chinese stocks
Stock market today: Wall Street drifts to more records after Chinese stocks soar
U.S. stocks drifted to more records in a quiet day of trading. The S&P 500 rose 0.3% Tuesday to set an all-time high for the 41st time this year.
Stock market today: World shares gain as China unveils moves to aid economy
World shares advanced Tuesday, with Chinese markets logging the biggest gains after Beijing announced a slew of measures to support the faltering economy. Shares in Hong Kong and Shanghai jumped more than 4% and the optimism spilled into other markets.
Stock market today: Wall Street ticks quietly higher, Chinese markets soar on new economic measures
Wall Street was barely higher in early trading on a mostly quiet Tuesday as markets adjust to the reality that inflation is no longer the dominant theme of the U.S.
Biden, Chinese
Analysis-Biden's Car-Tech Ban Is a Powerful New Weapon Against Chinese EVs
The ban on hardware and software, announced Monday by the U.S. Commerce Department, is the administration's latest salvo after imposing 100% tariffs on Chinese EVs and denying a $7,500 consumer EV subsidy to any vehicle with made-in-China components.
Biden wants to ban Chinese tech in cars over national security fears
On Monday, the US government proposed new rules to ban Chinese and Russian-developed software and hardware from internet-connected cars in the US, saying that such vehicles threatened national security. It marks the Biden administration's latest crackdown on Chinese products.
Commerce moves to ban imports of Chinese ‘connected’ cars and parts
The Commerce Department is publishing a proposed rule today to ban imports of Chinese and Russian vehicles, as well as key hardware and software components, that could be used to spy on Americans or potentially even take control of their cars.
1h
Indonesia hails Chinese firm as first foreign investor in troubled new capital
Indonesia's President Joko Widodo broke ground on Wednesday for a Chinese firm's property complex in the Southeast Asian ...
2h
Soaring Vegetable Prices Add to Woes Facing Chinese Households
China’s policymakers may be doing their utmost to shake off deflationary pressures weighing on much of Asia’s largest economy ...
2h
on MSN
European markets sober up after getting a Chinese stimulus boost
European stocks are expected to open in negative territory Wednesday, paring gains from the previous session on the back of ...
19h
on MSN
Top Chinese economist disappears after criticising Xi Jinping
A leading economist in China has vanished from public view after allegedly criticising Xi Jinping’s handling of the country’s ...
4h
Can You Tell Which EVs Are Chinese? Take Our Quiz
China-based carmakers with global expansion plans will have to lose their stigma of making lower-quality electric vehicles.
20h
Zelenskyy says Russia using Chinese satellites to photograph nuclear plants ahead of possible strikes
Ukrainian President Volodymyr Zelenskyy said he will present evidence that China is offering satellite assistance to Russia ...
7h
Libertyville dumpling restaurant offers ‘authentic’ Chinese cuisine; ‘There’s no shortcut to good food’
In a few short years, Xu said she feels like a part of the community. People were open-minded from the beginning, she said, ...
9h
Chinese zoo admits to using dogs as fake pandas after one caught barking
A zoo in China's Guangdong province admitted to passing off two painted Chow Chows as “panda dogs” after a public backlash.
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