Tesla’s shares tumbled more than three per cent in pre-market trading on Monday, as concerns about profitability …
Tag:
China
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FeatureIndustry & TradeInternational NewsNews
China budget spending grows by 7t yuan in Q1 ’24
by Nada Aliby Nada AliChina’s Ministry of Finance reported on Monday that general public budget spending grew by 2.9 per cent …
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BanksFeatureInternational NewsNews
China’s c. bank pumps 2b yuan to maintain banking sector
by Nada Aliby Nada AliThe People’s Bank of China (PBC), injected a 2 billion-yuan ($281.5 million) liquidity into the banking system …
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FeatureInternational NewsNews
China’s Q1 water conservancy investment climbs by 4.4%
by Aya El Sayedby Aya El SayedChina’s investment in water conservancy facilities increased by 4.4 per cent year on year, reaching 193.3 billion …
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FeatureInternational NewsNews
China’s fiscal revenue falls 2.3% in Q1 of ‘24
by Nada Aliby Nada AliChina’s Ministry of Finance reported a 2.3 per cent decline in fiscal revenue for the first quarter …
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
China’s EV market to see price war due to oversupply
by Nada Aliby Nada AliChina’s electric vehicle (EV) market is expected to see a fierce price war erupt this year as …
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BanksFeatureInternational NewsMoneyNews
China holds rates steady despite positive economic data
by Nada Aliby Nada AliChina’s central bank maintained its wait-and-see approach, keeping benchmark lending rates unchanged at its monthly fixing on …
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EnergyFeature
West wrong on China’s clean energy ‘overcapacity’ – Bloomberg
by Aya El Sayedby Aya El SayedThe West’s concerns over China’s “overcapacity” in clean energy are misplaced, according to a recent Bloomberg report …
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Featureforex newsInternational NewsNewsThe Watch
Yuan strengthens slightly vs dollar on Monday
by Nada Aliby Nada AliThe Chinese yuan strengthened slightly against the US dollar on Monday, with the central parity rate set …
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BanksFeatureInternational NewsNews
Asia expects 4.9% growth despite China’s slowdown – ADB
by Nada Aliby Nada AliThe Asian Development Bank (ADB) projects a promising 4.9 per cent growth rate for the region’s economy …