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HONG KONG — After three years of trying to do business under some of the toughest Covid controls in the world, U.S. and other Western companies in China began 2023 with cautious optimism: The country was finally reopening and Chinese officials, eager to reinvigorate the economy, were actively courting overseas investors. But a series of […]
Hong Kong CNN — The United State sanctioned more than a dozen Chinese and Mexican companies on Tuesday, accusing them of shipping or selling equipment that make counterfeit pills, as it cracks down on imports of . . .
SINGAPORE, May 18 (Reuters) – The U.S. dollar held near a seven-week peak on Thursday, after President Joe Biden and top U.S. congressional Republican Kevin McCarthy worked towards avoiding a damaging debt default, while the Aussie dollar slipped after disappointing jobs data. Biden and McCarthy on Wednesday
US CPI for April due at 1230 GMT on Wednesday Markets in wait and see ahead as CPI looms – analyst Silver, platinum and palladium down May 9 (Reuters) – Gold prices edged up . . .
U.S. Sanctions Drive Chinese Firms to Advance AI Without Latest … The Wall Street Journal Source link
ROME, May 2 (Reuters) – Italy must be cautious about taxing web companies more heavily as it risks retaliation from the United States, Deputy Economy Minister Maurizio Leo said on Tuesday. A tax on digital companies including U.S. tech giants has been effective since 2020 and is worth some 300 million euros ($329 million) per […]
WASHINGTON, April 21 (Reuters) – The Financial Stability Oversight Council on Friday proposed guidance to make it easier to designate non-bank financial institutions for regulatory supervision and new procedures to better identify and respond to financial system risks. The multi-regulator council charged with policing stability risks in the financial system released the proposals for public […]
Beijing is protesting U.S. sanctions against additional Chinese companies over their alleged attempts to evade U.S. export controls on Russia, calling it an illegal move that endangers global supply chains April 15, 2023, 5:23 AM ET • 4 min read BEIJING — Beijing on Saturday protested U.S. sanctions against additional Chinese companies over their alleged […]
Friday’s U.S. non-farm payrolls awaited Gold up 2.3% so far this week U.S. dollar up 0.1% April 6 (Reuters) – Gold prices retreated from one-year highs . . .
China’s opening up after Covid and its strong economic recovery will offer “‘triple” benefits for US business communities despite “chilly” relations between the two countries, Foreign Minister Qin Gang told a group of American business leaders. The fact that President Xi Jinping was reelected, the nation’s continued efforts to open up to the world, and […]