China International Capital Corp (CICC) is implementing a major cost-cutting measure by slashing the base pay of …
China
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Hong Kong’s economy is expected to continue its moderate growth streak, with first-quarter GDP projected within a …
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FeatureInternational NewsNewsTech newsTech/AI
China’s EV industry on shaky ground
by Nada Aliby Nada AliChina’s electric vehicle (EV) industry is experiencing explosive growth, with production capacity surging at a pace exceeding …
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Feature
Embracing renewables: the economic upswing of green energy ‘24
by Aya El Sayedby Aya El SayedFor many years, the world’s economy has been driven by fossil fuels such as coal, oil, and …
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
Volkswagen vows to hold ground in China’s EV price war
by Nada Aliby Nada AliVolkswagen, facing intense competition in China’s electric vehicle (EV) market, is setting a target to maintain its …
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BanksFeatureInternational NewsMoneyNews
China’s c. bank injects $281.5m liquidity via reverse repo
by Nada Aliby Nada AliChina’s central bank injected two-billion-yuan ($281.5 million) liquidity into the banking system on Wednesday, through a seven-day …
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Featureforex newsInternational NewsNewsThe Watch
China’s yuan strengthens against dollar
by Nada Aliby Nada AliChina’s yuan gained ground 11 pips to 7.1048 yuan per dollar on Wednesday.
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FeatureIndustry & TradeInternational NewsNews
China’s capital goods prices rise in mid-April
by Nada Aliby Nada AliChina’s capital goods prices edged higher in mid-April compared to the beginning of the month.
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Egypt NewsFeatureIndustry & TradeInternational NewsNews
Egypt, China ink deal to build 2 clean dry bulk ships
by Nada Aliby Nada AliEgypt’s National Navigation Company (NNC) signed a contract for two state-of-the-art clean dry bulk ships with the …
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FeatureInternational NewsNewsReal Estate
China’s Country Garden secures deal to delay bond payments
by Nada Aliby Nada AliStruggling Chinese property developer Country Garden has secured an extension on payments for three onshore bonds.