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Stock market today: Asian shares mostly higher, though China benchmarks falter


Asian markets forged higher Tuesday after another day of gains on Wall Street, although Hong Kong's benchmark faltered. U.S. futures were nearly flat and oil prices edged higher. Read More

China's true military spending in 2022 was likely worth $711 billion, or 'nearly equal' to the US military budget that year: US think tank


That's compared to a US military budget of around $742 billion that year, which was spread out across various theaters in the world. Read More

China's economic growth hits 30-year low


New loans in the local currency hit a record high of $2.44 trillion (£1.86tn) last year. How the US-China trade war has changed the world So far the economy has been slow to pick up, with ... Read More

Is China's military spending three times what it declared? US think-tank rings alarm


The American Enterprise Institute pegs Beijing's military budget at $710.6 billion annually, against the stated figure of $229 billion ... Read More

China Vanke Shares Slump After Soft Results Amid Continuing Property Downturn


China Vanke shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector. Read More

FDI in Shanghai hits record high in 2020 despite Covid-19


in Shanghai hit a record high in 2020 despite the Covid-19 epidemic, according to data from the municipal government. The actual use of FDI in Shanghai topped US$20.2 billion last year ... Read More

Stock market today: Asian shares are mixed and Shanghai gains on strong China factory data


BANGKOK (AP) — Asian shares were mixed on Monday, with Shanghai ... in China. Sydney and Hong Kong were closed for the Easter Monday holiday. Tokyo's Nikkei 225 fell more than 1.2%, to 39,883. ... Read More

Starbucks shares hit two-year low as China, US demand clouds outlook


Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a ... Read More

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© 2024 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement ... Read More

China sees record summer temperatures


August’s average temperature was 22.4 degrees Celsius, the highest since China’s complete climate record started in 1961, Xiao Chan, vice-director of the National Climate Centre, said at a ... Read More

China Maintains Yuan Defense After Currency Nears Red Line


implying to traders that yuan stability is key. China sets the so-called fixing at 9:15 a.m. local time, around which the currency is then permitted to trade in a 2% range. Read More


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