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China Crisis Series

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Third world countries are not so third now, in last decade, emerging markets, led by China gained into prominence as a driver of global economy, contributing more than half of world's GDP and China in second place. In today's modern financial world, China can't just be ignored, however due to opaque nature of Chinese data and their secrecy, sighting true insight on the country remains a challenge. In this series, we at EconoTimes, take up the challenge to present our readers true, market moving insights.

China Crisis Series

Can China’s stimulus blitz fix its flagging economy?

Oct 08, 2024 16:46 pm UTC| Insights & Views Economy

Pan Gongsheng, the governor of Chinas central bank, announced a raft of measures on September 24 aimed at boosting the countrys flagging economy. The move, which came a week before the 75th anniversary of communist party...

China Crisis Series

UBS, 중국 시장 어려움으로 지멘스 헬시니어스 전망 하향 조정

Sep 26, 2024 22:59 pm UTC| Economy

지멘스 헬시니어스(Siemens Healthineers AG, 프랑크푸르트 증권거래소: SHLG)에 대한 UBS의 투자의견이 매수에서 중립으로 하향 조정됐다. 이는 회사의 중기 성장 전망에 대한 우려를 반영한 것이다. 이러한 하향 조정은 지멘스...

China Crisis Series

중국 경기부양책 수요 영향 주목하며 유가 하락

Sep 26, 2024 22:33 pm UTC| Economy

로이터 통신에 따르면, 수요일 유가가 1% 이상 하락하였다. 이는 투자자들이 중국의 최신 경기부양책이 세계 최대 원유 수입국인 중국의 경제를 부양하고 연료 수요를 촉진할 수 있을지 재평가한 결과이다. 다만, 미국의 원유 및 연료...

China Crisis Series

유럽 기업들, 중국 개혁 약속 회의적... 투자 관심 감소

Sep 13, 2024 02:00 am UTC| Business

유럽연합상공회의소 보고서에 따르면 중국 내 유럽 기업들은 정부가 오래전부터 약속한 경제 개혁을 이행할 수 있다는 자신감을 잃고 있다. 이익률 감소와 투자 축소로 인해 기업들은 중국 시장에서의 운영을 재평가하고 있다. 9월 11일...

China Crisis Series

BYD와 지리, 중국 자동차 시장 급성장 주도… 국영 업체들 고전

Sep 10, 2024 14:13 pm UTC| Business

BYD와 지리가 2023년 상반기에 전기차 강세와 전략적 가격 인하를 통해 상당한 수익 성장을 보고했다. 반면, 상하이자동차(SAIC Motor)와 광저우자동차(GAC) 등 국영 자동차 제조업체들은 경쟁이 심화되면서 수익이 감소했다. BYD와...

China Crisis Series

중국의 석유 수요 상황은?

Sep 06, 2024 07:38 am UTC| Economy

외신보도에 따르면, 오랜 기간 글로벌 석유 수요를 주도해 온 중국이 최근 몇십 년 사이 가장 급격한 석유 소비 둔화를 겪고 있다. 번스타인(Bernstein) 애널리스트들은 목요일 메모에서 중국의 석유 수요는 최근 15년 동안(코로나19...

China Crisis Series

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

Apr 22, 2024 03:31 am UTC| Insights & Views Economy

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

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Economy

South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

Chinese robotaxi stocks surged in Hong Kong trading on Wednesday, tracking strong overnight gains in Tesla Inc (NASDAQ: TSLA) as investor optimism around autonomous driving and ride-hailing technology continued to build....

Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes

Most Asian currencies edged lower on Wednesday as investors weighed the U.S. Federal Reserves future interest rate path following mixed signals from the latest U.S. labor market data. At the same time, the Indian rupee...

Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty

Gold prices climbed during Asian trading on Wednesday, while silver prices surged to a fresh all-time high, as growing concerns over the U.S. economy fueled strong demand for safe haven assets. Investors increasingly...

Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices

U.S. President Donald Trump has ordered a total and complete blockade of all sanctioned oil tankers entering and leaving Venezuela, dramatically escalating Washingtons pressure on President Nicolas Maduros government and...

Politics

NSW to Recall Parliament for Urgent Gun and Protest Law Reforms After Bondi Beach Shooting

The Australian state of New South Wales will recall parliament next week to pass sweeping reforms to gun ownership and protest laws following the countrys deadliest mass shooting in more than 30 years. The move comes just...

Pakistan’s Army Chief Faces Gaza Troop Dilemma Amid US Pressure

Pakistans most powerful military leader in decades, Field Marshal Asim Munir, is facing a critical test of his expanded authority as the United States presses Islamabad to contribute troops to a proposed Gaza stabilisation...

Trump Taps Former DHS Official Troy Edgar for U.S. Ambassador Role in El Salvador

President Donald Trump announced on Tuesday that he intends to nominate Troy Edgar as the next United States ambassador to El Salvador, highlighting the administrations continued focus on strengthening diplomatic and...

Lukashenko Urges Swift Ukraine Peace Deal, Backs Trump’s Push for Rapid Resolution

Belarusian President Alexander Lukashenko has called for urgent action to end the war in Ukraine, voicing support for U.S. President Donald Trumps push for a rapid resolution while Washington continues diplomatic efforts...

Trump Administration Moves to Keep TransAlta Coal Plant Running Amid Rising AI Power Demand

The U.S. Energy Secretary has signed an emergency order to keep a key coal-fired power unit at the TransAlta-owned Centralia Generating Station in Washington state operating through much of the winter, marking the latest...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.

A European privacy advocacy group has filed fresh complaints against TikTok, Grindr, and AppsFlyer, accusing the companies of violating European Union privacy laws by unlawfully tracking and sharing sensitive user data...

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...