Tag Archives: China

China keeps lending rates unchanged in Sept as trade tensions ease  Reuters China leaves benchmark lending rates unchanged as expected, despite Fed rate cut  CNBC Asia-Pacific markets set to open mixed ahead of China’s loan prime rate decision  MSN PBOC holds rates steady for fourth straight month, despite economic slump  Seeking Alpha After Fed cut, moderate easing expected by China’s central bank, supporting yuan  South …

The Chinese government has directed domestic technology companies not to buy Nvidia chips, but rather to use homegrown technology. Nvidia (NVDA 0.34%) is arguably the most important company in the world because its graphics processing units (GPUs) have become the gold standard in artificial intelligence (AI) infrastructure. Indeed, Forrester Research analysts recently commented, “Without Nvidia’s GPUs, modern AI wouldn’t be …

BEIJING, CHINA – OCTOBER 12: The People’s Bank of China (PBOC) building is pictured on October 12, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images China kept its benchmark lending rates unchanged for the fourth month in a row on Monday despite the U.S. Federal Reserve’s interest rate cut last week. The People’s Bank of China …

China Road Trip Exposes List of Uninvestable Assets in the West  Bloomberg.com Source link

China sticks to its stance on TikTok’s US future after Trump call  Reuters US will control TikTok’s algorithm under deal, White House says  Politico US TikTok deal coming soon with ‘tight control’ of board, algorithm: White House  South China Morning Post Trump’s call with Xi Jinping ends with announcement of TikTok ‘approval’ and plans for in-person meetings  Yahoo Finance Exclusive | U.S. Government Is …

Trump suggests China approves TikTok deal, though app’s fate still unclear  Axios Trump Says He Will Meet Xi at APEC, Touts Progress on TikTok  Bloomberg.com What’s in the U.S.-China deal for an American TikTok spinoff  PBS Trump says he and Xi will meet in South Korea in coming weeks and he’ll later go to China  AP News Trump-Xi call thaws US-China relations, but no …

The S&P 500 (SPX) is back to trading near its intraday high after President Trump shared details of his phone call with Chinese President Xi Jinping. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. During the call, the two leaders …

A top donor to Donald Trump and other Maga Republicans has privately mocked the US president’s longtime position that he has an upper hand in trade negotiations with China, in a sign that even some loyal supporters have been uneasy with the White House strategy. Liz Uihlein, the billionaire businesswoman who co-founded the office supply company Uline with her husband, …

The Race Is on to Make Rare Earth Magnets Outside China  The New York Times China Is Losing Its Rare-Earth Trade Leverage  Bloomberg.com US lawmaker wants Trump to restrict Chinese flights over rare earths access  Yahoo News Canada EU firms brace for more shutdowns due to China rare earth controls despite summit promise  Reuters US dependence on China for rare earth elements sparks security …

FedEx to Lean on Domestic Shipping as Tariffs Slow China Volume  The Wall Street Journal FedEx stock rises on better-than-expected earnings  CNBC Old Time Dow Theory Sees Clues to Stock Market Rally in FedEx Earnings  Bloomberg.com FedEx results top targets on cost-cutting, shares jump 5.5% after the bell  Reuters FedEx Stock Pops as Shipping Giant Reinstates Its Full-Year Outlook  Yahoo Finance Source link