beijing

Dollar rises as China COVID worries spur safe-haven buying

The U.S. dollar was firmly higher against major currencies on Monday, as rising COVID-19 cases in China led to new…

3 years ago

Dollar edges up as Fed’s Waller cautions on inflation

The U.S. dollar steadied on Monday amid fading expectations of a less aggressive Federal Reserve interest rate hike after Governor…

3 years ago

Exclusive: China’s state banks seen acquiring dollars in swaps market to stabilise yuan

China's state banks stepped up their intervention to defend a weakening yuan on Monday, with banking sources telling Reuters these…

3 years ago

Analysis: China’s mortgage boycott quietly regroups as construction idles

Two months since many Chinese homebuyers stopped repaying mortgages to protest stalled construction on their properties, a lack of progress…

3 years ago

EXCLUSIVE Hollysys management to lead take-private deal at $1.8 bln valuation -sources

A consortium led by China's Hollysys Automation Technologies management plans to take the U.S.-listed automation and control system maker private…

3 years ago

Analysis: U.S., China audit agreement not yet a done deal, lawyers warn

There was much relief for investors in U.S.-listed Chinese firms after Beijing and Washington struck a long-pending audit deal, but…

3 years ago

EXCLUSIVE Chinese defence firm has taken over lifting Venezuelan oil for debt offset -sources

China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of…

3 years ago

Apple plans to cut iPhone 14 production lag between China, India – Bloomberg

Apple Inc (AAPL.O) plans to start making the iPhone 14 in India about two months after its release out of China, in…

3 years ago

With Alibaba stake cut, SoftBank’s Son cools toward China tech

SoftBank Group Corp's (9984.T) decision to sell down its Alibaba Group Holding (9988.HK), stake for a $34 billion gain may be aimed at…

3 years ago

Analysis: China investors hedge U.S. delisting risk with Hong Kong play

Global fund managers holding U.S.-listed Chinese stocks are steadily shifting towards their Hong Kong-traded peers, even as they remain hopeful…

3 years ago