$600068 #China #Gezhouba #Stocks #HEFFX #FXAffiliate China GezhoubaTicker: 600068:SSPrice: CNY6.83Recommendation: Buy Join Knightsbridge Live affiliate program and for every referral, you earn a bonus of up to $20,000 plus free trades. The best way to earn extra income! Business Summary China Gezhouba Group Company Limited mainly operates through eight segments. Investment segment obtains investment construction […]
$600062 #ChinaResourses #DoubleCrane #Pharmaceutical #HEFFX China Resources Double-Crane PharmaceuticalTicker: 600062:SSPrice: CNY12.54Recommendation: Buy Join Knightsbridge Live affiliate program and for every referral, you earn a bonus of up to $20,000 plus free trades. The best way to earn extra income! Business Summary CHINA RESOURCES DOUBLE-CRANE PHARMACEUTICAL CO.,LTD. is a China-based company principally engaged in the development, […]
$600007 #ChinaWorldTrae #China #Stocks #HEFFX #IBAffiliate China World Trade CenterTicker: 600007:SSPrice: CNY13.01Recommendation: Buy Join Knightsbridge Live affiliate program and for every referral, you earn a bonus of up to $20,000 plus free trades. The best way to earn extra income! Business Summary China World Trade Center Co., Ltd. is a China-based company principally engaged in […]
$CNY #China #Yuan #KnightsbridgeLive #FX #Trading #Markets China YuanTicker: CNY=XPrice: CNY6.5627 Receive up to $20,000 Referrer Bonus plus free trades with Knightsbridge Live – Sign Up Here China Yuan News The yuan edged lower against the dollar on Monday as fresh tensions between Beijing and Washington sapped appetite for the Chinese currency, even as investors […]
Fifteen countries will on Sunday sign a sprawling Asian trade deal they hope will help them bounce back from the pandemic and which is seen as a huge coup for China in extending its influence. The Regional Comprehensive Economic Partnership (RCEP) — which includes 10 Southeast Asian economies along with China, Japan, South Korea, New […]
#China #Technology #investors #SellOff $DIA $SPY $QQQ $RUTX $VXX China has cast doubt on the future of its biggest internet companies and ignited a $290-B equity selloff. Investors are now gaming out how bad it might get for Alibaba Group Holding Ltd., Tencent Holdings Ltd. and other Chinese internet giants as Xi Jinping’s government prepares […]
#China #CBIRC #banking #internet #regulators #consumers #Alibaba $BABA China will borrow the play-book of foreign countries and step up anti-monopoly scrutiny in the financial sector to protect the interests of consumers, a senior official at the country’s Top banking watchdog said. The remarks by Liang Tao, Vice Chairman of the China Banking and Insurance Regulatory […]
#WHO #Virus #Misinformation #risk #propaganda Flawed test kits, misinformation, inconclusive investigations. From faulty test kits to sending out misinformation on the risk of spread from asymptomatic carriers, to faulty up advice on travel, the WHO has helped China cover up its failures on the handling of its Act of War Virus chaos. 9 months and […]
US markets appeared ready to welcome the possible election of Joe Biden, with futures for the major New York Stock Exchange indices rising on Sunday evening ahead of the week’s trading. At around 0015 GMT, futures contracts for December on the Dow Jones appreciated by 0.99 percent, on the Nasdaq by 1.28 percent and on […]
China’s last-minute abandonment of Ant Group’s record-breaking IPO stems from an intensifying battle for the soul of the nation’s financial system that the fintech giant and its charismatic leader Jack Ma helped to ignite. Global markets were stunned Tuesday when Ant’s record-breaking $34 billion IPO was abruptly shelved, frustrating investors eager for a piece of […]
#joebiden #election #china If you are looking where to invest in the likely event Joe Biden is given the US Election via some very sketchy mail in voting, you don’t need to look past his employer. China is the big winner in this years US Election, the trade war will end, Chinese stocks will be […]
#Tesla $TSLA will this month begin exporting cars to Europe that are made at its new factory in Shanghai, the fast-growing US electric carmaker has announced. The Model 3 vehicles will be shipped to more than 10 countries including France, Germany, Italy and Switzerland, the group said in a statement sent Tuesday to AFP. “This […]
$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7159 AUD/USD Outlook The Australian dollar rose on Monday after data showed China extended its economic recovery, and the New Zealand currency also posted gains following a landslide election victory for Prime Minister Jacinda Ardern during the weekend. The Australian dollar AUD=D3, which correlates closely […]
China’s economy grew 4.9 percent on-year in the third quarter, sustaining its rebound from bruising virus lockdowns and moving closer to pre-pandemic levels, official data showed Monday. But the world’s second-largest economy grew slightly below expectations in the July-September period, National Bureau of Statistics (NBS) data showed, which warned of uncertainty ahead as “the international […]
China’s economic recovery gathered pace in the third quarter, according to an AFP poll of analysts, with consumer spending gradually picking up as coronavirus fears eased, helping a wider rebound spurred by investment and exports. Growth in July-September is expected to come in at 5.2 percent when official data is released Monday, bringing the world’s […]
#PresidentTrump #China #tariffs $CORN $SOY President Trump vows to keep the pressure on China with tariffs if he is elected to a 2nd term. “Well, I’m going to use tariffs on China, because they want to take them off,” President Trump said in a TV interview, referring to the Joe Biden-Kamala Harris ticket’s trade plans. “We’re […]
$UAL #CHINA #COVID19 United Airlines today announced it will start nonstop service to China four-times weekly between San Francisco and Shanghai’s Pudong International Airport. Beginning Oct. 21, 2020, United will operate four weekly nonstop flights with Boeing 777-300ER aircraft from San Francisco to Shanghai on Wednesdays, Fridays, Saturdays and Sundays. Customers traveling from Shanghai will […]
IMAX Scores Record-Breaking $13 Million Opening Weekend Of National Day Golden Week Holiday In China National Holiday Grosses for IMAX Up 25% Over 2019, Pushing the Company to More Than $53 Million Box Office in China Since Theatres Reopened in July IMAX Corporation (NYSE: IMAX) today announced that the company scored a record-breaking $13 million […]
#CHINA #TIKTOK #HUAWEI China said Saturday it had launched a mechanism enabling it to restrict foreign entities, a much-anticipated move seen as retaliation to US penalties against Chinese companies such as telecom giant Huawei. An announcement by the Ministry of Commerce did not mention any specific foreign entities, but broadly spelled out the factors that […]
#Fed #PresidentTrump #economic #recovery #jobs #growth The Fed boosted its view of the American economy’s recovery from the China virus crisis Wednesday, projecting the chaos will take a smaller bite from the economy this year with 3 yrs of steady growth to follow. In new economic projections released along with the FOMC’s latest policy statement, […]
Top Chinese and US negotiators spoke on the phone Tuesday and agreed to “push forward” their phase one economic deal, amid soaring tensions between the two sides on several fronts. The US and China signed the accord in January, bringing a partial truce in their lingering trade war and obliging Beijing to import an additional […]
#PresidentTrump #China #trade Thursday, White House economic adviser Larry Kudlow said The Trump Administration is satisfied with China’s progress in meeting commitments to purchase US goods in a Phase 1 trade deal, signaling that the pact will survive an initial review Saturday. China “is now really picking their imports of our commodities — which is a […]
$AAPL #Apple #USA #WeChat #Nasdaq #Stocks #Trading #Markets AppleTicker: NASDAQ:AAPLPrice: $452.04 Company News Will the US ban on WeChat sink Apple in China? Washington’s decision to ban the Chinese superapp could force smartphone users in China to choose between the iPhone and their favourite app, according to this article in the Nikkei Asian Review. It […]
$0941.HK #ChinaMobile #HongKong #Stocks #Trading #Markets China MobileTicker: 0941.HKPrice: HKD56.95 Company News When China Mobile snapped up a New Territories industrial site for HK$3.6 billion ($46 million) at a government auction last month, the mainland telecom giant outbid its closest competitor by 56 percent, according to an announcement by the Lands Department on 7 July. […]
$0939.HK #China #Construction #Bank #HongKong #Stocks #Trading China Construction BankTicker: 0939.HKPrice: HKD5.85 Business Summary CHINA CONSTRUCTION BANK CORPORATION is a commercial bank. The Bank operates its businesses through corporate banking businesses, including corporate deposit, corporate credit loan, asset custody, enterprise annuity, trade financing, international settlement, international financing and value-added services, among others, personal banking businesses, […]
#USChina #trade No mater what you have heard, China is buying US goods as required. China is continuing to buy US goods, particularly commodities, under its Phase 1 trade deal with the United States, despite rising tensions over Hong Kong and other issues, White House economic adviser Larry Kudlow said Tuesday. Asked if deteriorating ties […]
$0839.HK #ChinaEducationGroup #HongKong #Stocks #Trading China Education GroupTicker: 0839.HKPrice: HKD15.70 Business Summary China Education Group Holdings Ltd is an investment holding company principally engaged in the provision of private higher education services. The Company operates its business through three segments: the Higher Education segment, the Vocational Education segment, and the Global Education segment. The Company […]
$0081.HK #OverseasGrandOceans #HongKong #Stocks #Trading Overseas Grand Oceans GroupTicker: 0081.HKPrice: HKD4.88 Business Summary China Overseas Grand Oceans Group Ltd. is an investment holding company mainly engaged in the investment of properties. Along with subsidiaries, the Company operates its business through three segments. The Property Investment and Development segment is engaged in the construction of residential […]
Seven months after the United States and China signed a preliminary agreement to temper their trade war, Beijing’s purchases of US agricultural goods have yet to reach the deal’s target. As President Donald Trump readies for a tough reelection battle in November, US media reported the two sides are set to meet beginning August 15 […]
China saw another surprise jump in exports last month as the global economy slowly reopened after virus lockdowns, data showed Friday, but there were warnings that while the country is expected to get back on track by year’s end, overseas shipments would likely struggle. The readings, however, showed an unexpected fall in imports, highlighting the […]
$GOOGL #Google #YouTube #USA #China #Nasdaq #Stocks #Trading GoogleTicker: NASDAQ:GOOGLPrice: $1504.95 Company News Google deleted 2,500 YouTube accounts with connections to China between April and June in an effort to combat the intentional spread of misinformation on the platform. News of the removal comes as relations between China and the US grow increasingly tense, partly […]
Tensions between the United States and China have been rising over a range of issues from the handling of the coronavirus to national security, Hong Kong and trade. Washington ordered the closure of the Chinese consulate in Houston last month — accusing it of being a centre for spies — and China hit back by […]
$0939.HK #China #Construction #Bank #HongKong #HSI #Stocks China Construction BankTicker: 0939.HKPrice: HKD5.86 Business Summary CHINA CONSTRUCTION BANK CORPORATION is a commercial bank. The Bank operates its businesses through corporate banking businesses, including corporate deposit, corporate credit loan, asset custody, enterprise annuity, trade financing, international settlement, international financing and value-added services, among others, personal banking businesses, […]
$0941.HK #ChinaMobile #Earnings #Release #HongKong #HSI #Stocks China MobileTicker: 0941.HKPrice: HKD53.25Recommendation: Buy Business Summary China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses. Mobile businesses include two categories of services. Voice services include local […]
$3988.HK #BankofChina #HongKong #HSI #Stocks #Markets #Banks Bank of ChinaTicker: 3988.HKPrice: HKD2.65 Business Summary BANK OF CHINA LIMITED is a China-based commercial bank. The Bank is mainly engaged in the provision of banking and related financial services, including commercial banking business, investment banking business, insurance business, direct investments and investment management businesses, fund management business […]
$1918.HK #Sunac #China #HongKong #HSI #Stocks #Trading Sunac ChinaTicker: 1918.HKPrice: HKD35.75 Business Summary Sunac China Holdings Limited is principally engaged in the sales of properties in the People’s Republic of China (the PRC). The Company operates its business through two segments: Property Development and Property Management and Others. The Company’s subsidiaries include Sunac Real Estate […]
$1398.HK #Industrial #Commerical #Bank #HongKong #HSI #Stocks Industrial and Commercial Bank of ChinaTicker: 1398.HKPrice: HKD4.67Recommendation: Buy Industry News To accelerate the rollout of the digital yuan, the People’s Bank of China (PBoC) has partnered with over 20 companies in the country to test it in the real world. The central bank first inked partnerships with […]
$0788.HK #ChinaTower #HongKong #HSI #Stocks #Trading China TowerTicker: 0788.HKPrice: HKD1.40Recommendation: Buy Business Summary CHINA TOWER CORPORATION LIMITED is a China-based telecommunications tower infrastructure service provider. The Company mainly has three business segments. The Tower Business segment mainly uses sites to carry out macro cell and small cell businesses with telecommunications service providers (TSPs). The Indoor […]
$3968.HK #HongKong #HSI #China #MerchantsBank #Stocks China Merchants BankTicker: 3968.HKPrice: HKD36.65 Business Summary China Merchants Bank Co., Ltd. (the Bank) is a China-based commercial bank. The Bank operates its businesses through three segments, which are Wholesale Finance segment, Retail Finance segment and Other segment. Wholesale Finance segment consists of savings and loans; settlement and cash […]
#TENCENT $TCEHY India has banned 47 more Chinese apps just weeks after blocking the highly popular video-sharing platform TikTok and 58 others over national security and privacy concerns, an information ministry official and media reports said Monday. Tensions between the world’s two most-populous nations soared last month after a Himalayan border clash that left 20 […]
$BABA #Alibaba #NYSE #USA #China #Stocks #Markets #Trading Alibaba (NYSE:BABA) is benefiting from two powerful bullish trends. Today we’re taking a close look at both, and identifying how you can join the party using Alibaba stock options. When you look at sector performance off the March low, it’s not possible not to notice the leadership […]
Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC) today announced that it has been named as the Official Retail Food Services Sponsor of the Olympic and Paralympic Winter Games Beijing 2022 (“Beijing 2022”). Yum China also becomes an Official Sponsor of the Chinese Olympic Committee through the end of 2024. As the […]
Maoyan Entertainment (“Maoyan” or “the Company”) (Hong Kong: 1896), a leading platform providing innovative Internet-empowered entertainment services in China, has teamed up with online entertainment service provider iQIYI and China’s leading social media platform Weibo to jointly release a report on China’s movie market for the first half of 2020. The report draws from various […]
China saw forecast-beating economic growth in the second quarter after a record contraction in the previous three months, as businesses cautiously returned to normality after strict lockdowns across the country. The figures released Thursday follow a string of data showing the world’s number two economy slowly emerging from the outbreak, and should provide hope to […]
$BABA $SOHU #CHINA China has seen plenty of bad news but the Economy is set for a rapid rebound Chinese trade enjoyed surprise growth in June as the world slowly emerges from economy-strangling lockdowns, though officials warned of headwinds for recovery owing to the spread of the pandemic. The figures come days before the release […]
#TENCENT #BYTEDANCE #CHINA White House trade advisor Peter Navarro said Sunday he expected President Donald Trump to act firmly against the TikTok and WeChat applications, amid rising tensions between Washington and Beijing. Trump last week had said he is considering banning the wildly-popular TikTok app as a way to punish China over the coronavirus pandemic. […]
#CHINA #CORONAVIRUS China returned to growth in the second quarter after the coronavirus pandemic handed the world’s second largest economy its first contraction in decades, according to an AFP poll of analysts. The survey of analysts from 11 institutions pegged China’s growth at 1.3 percent — a far cry from the 6.1 percent expansion posted […]
#world #stock #markets #coronavirus #AsiaPacific China blue-chip shares end at over 5-yr high in Bull run’s 6th day running Chinese blue-chip shares rose for a 6th straight day to close at a more than 5 yr highs Tuesday, as retail investors rushed to join the officially sanctioned Bull market, but stocks pared gains late in […]
#WallStreet #trend #bullish #ISM #C19coronavirus #FakeNews #stocks #markets $DIA $SPY $QQQ $RUTX $VXX The S&P 500 rose 1.6% Monday in a Bullish start to the week, but it was the NAS Comp (+2.2%) and DJIA (+1.8%) that gained the advantage on the day. The NAS closed at another record high, the Russell 2000 underperformed the […]
$2628.HK #China #HongKong #ChinaLife #Insurance #Stocks #FakeGold China Life InsuranceTicker: 2628.HKPrice: HKD20.15Recommendation: Sell Business Summary China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance products, including individual and group life insurance, health insurance and accident insurance products. It operates through three segments: Life Insurance, Health Insurance, and […]
Hong Kong really does have a new normal, adjust your portfolio quickly as change is coming at a rapid rate. Hong Kongers are scrubbing their social media accounts, deleting chat histories and mugging up on cyber privacy as China’s newly imposed security law blankets the traditionally outspoken city in fear and self-censorship. China’s authoritarian leaders […]
$COE #USA #China #Education #Stocks #ChinaOnlineEducation China Online Education Group has experienced an increase in hedge fund sentiment of late China Online EducationTicker: NYSE:COEPrice: $25.25Recommendation: BuyTarget Price: $37.00 Business Summary China Online Education Group is a China-based company principally engaged in the provision of online English language education services. The Company operates an online education platform […]
$CHA #USA #NYSE #China #Stocks #ChinaTelecom #ShayneHeffernan China Telecom looks to 5G SA to fuel quantum leap China TelecomTicker: NYSE:CHAPrice: $29.42Recommendation: BuyTarget Price: $48.92 Company News China telecom chairman and CEO Ke Ruiwen backed standalone (SA) 5G to lead major changes across society, helping to power advanced IT platforms and fuel the digital economy. During […]
#CHINA #ECONOMY #CORONAVIRUS China’s factory activity picked up pace in June, official data showed Tuesday, although analysts warned weak global demand and a potential coronavirus resurgence are weighing on its longer-term recovery. The world’s second-largest economy has been whirring back to life after the virus and sweeping lockdowns prompted a near-halt in activity at the […]
China Wafer Level CSP Co., Ltd. (603005.SS) $603005.SS #China #Stocks #Semiconductors Good Value Stock Worth Looking At Rise in demand for miniaturization of devices and improved system performances and optimization of advances packaging drive the global advanced packaging market China Wafer Level CSPTicker: 603005.SSPrice: CNY78.50Recommendation: Strong Buy Sector Outlook The global advanced packaging industry was pegged at $29.42 […]
$DIA $SPY $QQQ $RUTX $VXX Thursday, Top White House economic adviser Larry Kudlow said the US economy will not shut down again and cripple the strong economic recovery. Mr. Kudlow said there will be “spikes and hot spots,” that might force shutdowns “in individual places or certain stores.” But the American people will/can “have to […]
Beken Corporation (603068.SS) China $603068 #semiconductors #beken #stocks #investing – China Is Still In Business Looking at chips, there’s a huge kind of market opportunity Beken CorporationTicker: 603068.SSPrice: CNY 81.44Recommendation: Buy Sector News U.S. curbs on Chinese tech companies amid the heightening Sino-U.S. battle for tech supremacy are feeding an investment boom across China’s semiconductor […]
The Eiffel Tower Thursday welcomed back visitors after The China Virus outbreak caused the Paris landmark into its longest period out of action since WWII. Visitors can access the 1,062 ft tower only via staircases until early July, with elevators off-limits for the time being because of safety considerations. In addition, visitors are not allowed […]
US home prices defied economic downturn and will move back to Y 2019 highs as they supported by record low mortgage rates and limited supply. That according to a Poll that showed housing outpacing consumer price rises in Ys 2020 and 2021. The US housing market was the center of the Y 2008 financial crisis […]
US home prices defy this economic downturn and are riding out the chaos, supported by record low mortgage rates and limited supply, according to a new poll that showed housing outpacing consumer price rises this year and next. The US housing market, which was at the epicenter of the prior financial crisis that led to […]
White House economic adviser Larry Kudlow said there is no 2nd wave of the C-19 coronavirus pandemic, even though there are some flare-ups in states such as Florida, and it is unlikely there will be widespread shutdowns across the country. “There are some hotspots. We’re on it,” Mr. Kudlow said in an interview. “We know […]
China Unicom (Hong Kong) Limited (0762.HK) Upcoming Industry Trend, Undervalued + Long-Term Growth China UnicomTicker: 0762.HKPrice: HKD 4.39 China’s telecommunications industry saw steady growth in the first five months of this year, data showed. The combined industrial revenue reached 574.1 billion yuan ($81 billion) during the period, up 2.8% year-on-year, according to the Ministry of […]
The ongoing dispute between the two powerhouses of the world has caused more than just waves in their respective economies. As a result of the trade diversions set out by the US, the EU, Taiwan, Mexico and Vietnam have now picked up parts of this trade. Lucrative as it has been for them and the […]
China Life Insurance Company Limited (2628.HK) Is A Solid Bet The gradual evaporation of fears over COVID-19 will eventually help China Life Insurance regain what it lost before this pandemic came around. China Life InsuranceTicker: 2628:HKPrice: HKD 15.90 China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance […]
More tax breaks? China’s plans to introduce real estate investment trusts (REITs) mark a crucial step to urge private money to fund infrastructure such as toll roads and sewage systems, however authorities have their work cut out in creating a fully-fledged market. In several countries REITs are used as a way for investors to own […]
Trade adviser Peter Navarro says there will be “serious consequences” for China’s role in the spread of the C-19 coronavirus chaos around the globe. In an interview Mr. Navarro, who serves as director of trade and manufacturing policy, defended his accusation that China withheld information and personal protective equipment from the world community at the […]
Don’t expect Trump’s policies to concern China overly, they have already built trade routes the world over and will continue to invest regionally in South East Asia. As China exits the Coronavirus ahead of the USA it has significant opportunity to cement trade deals ahead of other nations still stuck in the pandemic quagmire. Factory […]
The White House is “furious at what China has done in recent days, weeks, and months,” and President Trump will present ideas for holding the Asian nation accountable for its actions concerning the C-19 coronavirus chaos and with its aggressions against Hong Kong, Taiwan, and other countries, National Economic Council Director Larry Kudlow said Friday. […]
US President Donald Trump on Friday ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world’s two biggest economies. The announcement followed Beijing’s move to implement a new security law on semi-autonomous Hong Kong that critics say would stifle freedom, as well as with […]
Global equities mostly sank on Friday as US President Donald Trump readied his response to Beijing’s controversial planned national security law for Hong Kong. Trump has called a news conference to outline his response later Friday, as the heightened tensions overshadow increasing signs that the global coronavirus crisis is easing. “Beijing has defied all US […]
Premier Li Keqiang delivered the Government Work report to the third session of the 13th National People’s Congress today. China will work to make sure they are achieving their development goals of winning the battle against financial condition and completing the building of a moderately prosperous society in all respects this year, though setting no […]
Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate The Dow Jones Industrial Average fell 101.78 points, or 0.41%, to close at 24,474.12. The S&P 500 lost 23.10 points, or 0.78%, to end at 2948.51, and the Nasdaq Composite fell 90.90 points, or 0.97%, to close at 9284.88. China is coming up with […]
Australian Dollar: USD/AUD (AUD=X) Further escalation in Australia – China tensions There have been reports about China trade retaliation following the 80% tariff on barley imports from Australia for the next 5 years together with Chinese officials having drawn up a list regarding potential goods including seafood, oatmeal and fruit that could be subject to […]
Investors in China seemed content with existing government measures to support the country’s slumping economy. But they are now calling for more stimulus. Judging by the lack of conviction in Chinese financial markets, the outcome of this month’s key policy meetings may be the deciding factor for investors. While volatility in stocks and the yuan […]
USD: Enjoys a broader bid overnight, alongside somewhat higher yields and choppy equity markets as US rates reflect some fading of the negative rates story (though markets are still pricing negative in 2021). This comes as Fed speak from Evans and Bostic attempts to pushback on negative rates with the former seemingly taking a more […]
Trade negotiators from the United States and China will hold a phone call as early as next week, citing people familiar with the matter. The call will include Chinese Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer. The talks will be about progress in implementing a phase-one deal after U.S. President Donald Trump […]
China’s exports saw a shock 3.5 percent rise in April despite the global impact of the coronavirus pandemic, official figures showed Thursday, but analysts warned of weakness ahead as key markets suffer downturns. The brewing threat of a renewed trade war with the United States could also pose a problem, observers said. You will find […]
The Trump Administration is “turbocharging” an initiative to rip global industrial supply chains from China as it weighs new tariffs to punish Beijing for its handling of the coronavirus outbreak. President Trump has stepped up attacks on China ahead of the 3 November US Presidential election, and he vows to bring manufacturing home from overseas. […]
London and New York stocks sank on Friday after US President Donald Trump lashed out at China over the coronavirus crisis, bringing back bad memories of a damaging standoff between both countries over trade. The eurozone’s key equity markets were shut for a public holiday as were several exchanges in Asia. Investor nerves were tested […]
Foreign affairs expert and Asia analyst Gordon Chang says China wants to ‘grab’ the world’s information. “They are giving subsidized equipment and Beijing is doing this because it wants to grab the world’s information,” he said Thursday of China telecom giant Huawei, which lawmakers and intelligence agencies have accused of undermining national security through alleged corporate […]
Wednesday, Larry Kudlow, President Trump’s Top economic adviser said The Administration will look at limiting liability for businesses over the spread of the coronavirus. “I think liability reforms and safeguards are going to be a very important part of this,” Larry Kudlow, director of the White House’s National Economic Council, said in a TV interview Wednesday […]
Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums Gold prices fell to a more than one-week low on Monday as the dollar firmed and as investors remained optimistic that the U.S. economy might reopen soon from lockdowns that were enforced to contain the novel coronavirus’ spread. Shayne Heffernan Trade Idea […]
$OIL The Big A: Relying on China for economic development was never a good idea, but it turned out to be more dangerous than we thought. Italy and Iran are 2 of the countries hardest hit by The Wuhan Virus, outside of China. Helen Raleigh explains why at The Federalist: The reason these 2 countries are […]
Australian Dollar: USD/AUD (AUD=X) unchanged despite weaker-than-expected China Q1 GDP Aussie remained bid despite weaker-than-expected China Q1 GDP. Renewed hopes for coronavirus treatment support the antipodeans. STAT news report that Gilead Sciences’ experimental drug ‘Remdesivir’ is seeing rapid recoveries in fever and respiratory symptoms associated with coronavirus. On the data front, China registers first GDP […]
“We are doing a very thorough examination of this horrible situation that happened.” President Trump refused to comment about reports the the US intel has a high level of confidence the coronavirus pandemic emanated from a Wuhan, China, virology lab. The intel suggests that a Wuhan laboratory with lax safety protocols infected an intern with […]
Hong Kong: HANG SENG INDEX (.HSI) shares end higher as China trade data lifts sentiment Hong Kong shares closed higher on Tuesday after China reported smaller-than-expected contractions in imports and exports in March, and as fears over the global spread of the new coronavirus eased. The Hang Seng index ended up 135.07 points or 0.56% […]
Shanghai: SSE Composite Index (.SSEC) shares rise amid wait for China data, global earnings Asian shares rose Tuesday although investors were braced for a sobering first look at how the coronavirus pandemic has hurt global corporate earnings and the Chinese economy, the driver of growth for the region. Japan’s benchmark Nikkei 225 added 2.2% in […]
Australian Dollar: USD/AUD (AUD=X) highly sensitive to risk sentiment because of Australia’s dependence on China and the global commodities trade The Australian Dollar, which is highly sensitive to risk sentiment because of Australia’s dependence on China and the global commodities trade, inched higher on Friday due to the light bank holiday volume, highlighting easing stress […]
The Chinese Communist regime and/with the World Health Organization (WHO) are not only complicit in one another’s global coronavirus pandemic culpability, they are criminally negligent, according to President Trump’s personal attorney Rudy Giuliani. “China’s failure to communicate clearly with WHO is a crime of international proportions, and WHO fixing it for China is disgraceful,” Mr. […]
Small and medium-size businesses (SMBs)account for about 44% of the US economy and provide jobs for about 59-M people in the US. As the COVID-19 coronavirus pandemic continues to cause human suffering on a global scale, a majority of US SMBs fear that the economic impact will also lead to a reduction in revenues and are […]
The Chinese Communist regime is going to face “a day of reckoning” for the global coronavirus pandemic, not only killed Americans but damaging its economy. The Big Q that is being debated in Washington now about holding China financially responsible for America’s health crisis and corresponding economic impact. When we find evidence and we will find […]
Today, most people think of the Black Death as something just in history books. a time before doctors knew about viruses and bacteria. But this month, 3 people in China were diagnosed with 2 different forms of The Plague, highlighting that it is not entirely a thing of the past. Neither are discussions about the cause […]
Hong Kong: HANG SENG INDEX (.HSI), China stocks lead Asia gains as risk-on sentiment returns on coronavirus progress and on hopes oil deal will be reached Hong Kong and China stocks led gains in major Asia markets on Tuesday, as investors bet on signs the world’s lockdowns are slowing the spread of the coronavirus pandemic. […]
The Fog of War obscures much about the novel coronavirus pandemic. But 2 facts are certain, 1) China’s Communist authorities have lied, concealed and misled about the origins of the epidemic and the toll of the virus in China, and 2) the World Health Organization has acted as Beijing’s handmaid. The result: The global toll of this […]
United States Oil (USO) Surges on China Stockpiling U.S. equity futures rose with European stocks on Thursday as investors braced for the latest unemployment data from the world’s biggest economy. Oil surged after China unveiled plans to boost its reserves. Contracts on the main U.S. equity benchmarks all climbed following steep losses for the underlying […]
The UK FTSE 100 (.FTSE) rose marginally today after China’s factories showed signs of bouncing back in March, but still delivered its worst quarter since 1987 The FTSE 100 rose marginally today after China’s factories showed signs of bouncing back in March, but still delivered its worst quarter since 1987 as investors panic over coronavirus. […]
Tuesday, Senator Rick Scott, (R-FL) called for Congress to investigate the World Health Organization (WHO) and consider cutting its funding, saying the group was “helping Communist China cover up” the coronavirus outbreak. “The mission of the WHO is to get public health information to the world so every country can make the best decisions to […]
The Netherlands is the latest country to reject China-made coronavirus testing kits and other protective gear, calling the items substandard and raising serious questions about the quality of the supplies Beijing is selling to the world. The Netherlands joins Spain, Turkey, Georgia, and the Czech Republic in their concerns over masks and test kits. The claims come as the number […]
The number of Chinese cellphone users dropped by 21 million in the past three months, Beijing authorities announced on March 19. Deaths due to the CCP virus may have contributed to the high number of account closings. Cellphones are an indispensable part of life in China. “The digitization level is very high in China. People […]
Mainland China reported a second consecutive day of no new local coronavirus infections as the epicenter of the epidemic, Hubei Province, opened its borders, but imported cases rose as Beijing ramped up controls to prevent a resurgence of infections. A total of 67 new cases were reported as of the end of Wednesday, up from 47 a […]