china

China shipyards feast on record LNG tanker orders as South Korea builders are full up

China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as local and foreign shipowners…

3 years ago

China’s trade suffers worst slump in 2-1/2 yrs as COVID woes, feeble demand take toll

China's exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and…

3 years ago

Analysis: Investors look to emerging markets as planets align for end of dollar bull market

As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from…

3 years ago

Improbable bets on break of Hong Kong dollar peg adding up

It's what is known in the markets as a "tail risk": a highly unlikely scenario in which Hong Kong's currency…

3 years ago

G7 price cap on Russian oil kicks in, Russia will only sell at market price

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to…

3 years ago

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

Chinese carmakers target more European sales with five-star EVs

Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more…

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

Apple supplier Foxconn adjusts production to avoid holiday blues

Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to…

3 years ago

Chipmaker TSMC plans Arizona factory expansion

TSMC, the world's largest contract chipmaker and a major supplier to Apple Inc, said on Wednesday it was constructing a…

3 years ago