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China retail sales rise in November but miss forecasts
Dec 15, 2023 (AFP)
The 10.1 percent on-year increase was short of the 12.5 percent forecast in a survey of analysts by Bloomberg, even compared with a low base from last year when...
Yellen urges China to shift from unfair state-driven economic policy
Dec 15, 2023 (AFP)
"Too strong a role for state-owned enterprises can choke growth, and an excessive role for the security apparatus can dissuade investment," she added, speaking ...
Hong Kong stock exchange to appoint first woman CEO
Dec 15, 2023 (AFP)
Current CEO Nicolas Aguzin oversaw some of the most challenging years for the Hong Kong Exchanges and Clearing Limited (HKEX) as fresh listings dried up and pro...
Asian markets track Wall St to extend Fed-fuelled rally
Dec 15, 2023 (AFP)
The bank's more-dovish-than-expected pivot at this week's policy meeting has set up equities for a Santa rally, with a string of data suggesting inflation in th...
Chinese social media users warned against economic 'pessimism'
Dec 15, 2023 (AFP)
China's economy is battling headwinds on multiple fronts and Beijing's leadership said this month its recovery was confronting "difficulties and challenges". Se...
Stocks track record day on Wall St, dollar extends losses
Dec 14, 2023 (AFP)
The surge across the region tracked a record-breaking day on Wall Street, where traders cheered a much-sought-after dovish pivot from the central bank as US inf...
Beijing metro accident injures 30
Dec 14, 2023 (AFP)
The Chinese capital -- where such incidents are rare -- has been hit by snowstorms in recent days, although the cause of the accident was not immediately clear....
China slams US House committee that urged economic reset
Dec 13, 2023 (AFP)
The House Select Committee on the Chinese Communist Party (CCP) on Tuesday called for a "reset" of Washington's economic ties with Beijing, including moving Chi...
IMF resumes Sri Lanka bailout after China's debt deal
Dec 13, 2023 (AFP)
The IMF said its board had completed the first review of Sri Lanka's rescue package known as the Extended Fund facility (EFF) and released the second tranche of...
Asian markets mixed after US inflation data as Fed decision looms
Dec 13, 2023 (AFP)
All three indexes on Wall Street ended positively -- with the S&P 500 at a near three-year high -- following news that consumer prices slowed marginally last mo...
Asia tracks Wall St rally ahead of run of data, Fed decision
Dec 12, 2023 (AFP)
The consumer price index reading comes a day before the US Federal Reserve's final policy meeting of the year, which will be closely followed by investors hopin...
China's Xi visits Vietnam in bid to counter US
Dec 12, 2023 (AFP)
Xi met the leader of Vietnam's ruling Communist Party, Nguyen Phu Trong, on the first day of his trip, after Hanoi upgraded diplomatic ties with Washington when...
China facing 'challenges' in reviving economy, leaders say
Dec 12, 2023 (AFP)
China's economy is battling headwinds on multiple fronts but a debt crisis in its property sector is foremost among its woes. Beijing's top decision-makers, inc...
China facing 'challenges' in reviving economy, leaders say
Dec 12, 2023 (AFP)
"China still has to overcome some difficulties and challenges to further revive the economy," top leaders, including President Xi Jinping. noted at a meeting of...
U.S. imposes sweeping Russia-related sanctions against 250 people, companies
Dec 12, 2023 (UPI)
The sanctions were imposed as President Volodymyr Zelensky of Ukraine met with U.S. President Joe Biden at the White House on Tuesday amid efforts to convince R...
China's Xi looks to strengthen Vietnam ties after Biden visit
Dec 10, 2023 (AFP)
China and Vietnam have a border in common, as well as close economic ties and ruling communist parties, but Xi's two-day trip will be his first visit to the cou...
China deflation accelerated in November: official data
Dec 09, 2023 (AFP)
The figures came after President Xi Jinping said Friday that the Asian giant's post-pandemic recovery was "still at a critical stage" and warned of "increasing ...
US bars imports from more Chinese firms on Uyghur labor concerns
Dec 08, 2023 (AFP)
Three Chinese companies -- COFCO Sugar Holding, Sichuan Jingweida Technology Group and Anhui Xinya New Materials -- were the latest additions to the Uyghur Forc...
China's Xi says economic recovery 'still at critical stage'
Dec 08, 2023 (AFP)
The world's second-largest economy expanded a moderate 4.9 percent in the third quarter, slightly less than Beijing's five percent target, which is one of the l...
Most markets up ahead of US jobs, Tokyo hit by strong yen
Dec 08, 2023 (AFP)
A volatile week looked set to end on a positive note as a series of figures indicated the US labour market and economy were slowing, fuelling speculation the US...
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