Latest in Western consumer groups unconvinced by China’s economic stimulus efforts
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Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economyWorld - ABC News - November 8 -
Western groups step up efforts to win nuclear contracts in eastern Europe
Senior executive at engineer AtkinsRéalis says region ripe for business as it struggles to hit EU net zero targetsWorld - Financial Times - November 15 -
Mixed news on China’s stimulus
And regional banks as a Trump tradeWorld - Financial Times - November 11 -
China Isn't Planning a 'Bazooka' Stimulus---at Least Not This Year
Hopes that China is awaiting the results of the U.S. election to unveil a huge stimulus package are unikely to be fulfilled, though a smaller package is expected soon.World - The Wall Street Journal - November 4 -
Market responds negatively to latest China stimulus moves
Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.Business - MarketWatch - November 8 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - November 8 -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - November 5 -
China’s lawmakers gather to approve long-awaited fiscal stimulus
Local governments have been weighed down by trillions of dollars of debtWorld - Financial Times - November 4 -
Trump win and threat of more tariffs raises expectations for more China stimulus
Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.Business - CNBC - November 7 -
BHP chief sees signs of recovery in China after September stimulus
Mike Henry says ‘green shoots’ in property, where miner’s iron ore and copper fuel constructionWorld - Financial Times - November 7 -
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.Business - CNBC - November 8 -
China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.World - The Wall Street Journal - November 8 -
Hong Kong stocks fall as China’s stimulus package disappoints
Hang Seng index down 1.5% after Beijing unveils $1.4tn plan to restructure local government debt but no consumer supportBusiness - Financial Times - November 11 -
U.S. oil benchmark settles below $70 a barrel on China stimulus disappointment
Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s largest crude importer, and expectations for higher U.S. production once ...Business - MarketWatch - November 11 -
China expectedly keeps benchmark lending rates steady as Beijing assesses stimulus measures
The People's Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.Business - CNBC - 3 days ago -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
Labour’s home insulation pledge in doubt, say consumer rights groups
Campaigners warn Budget pledge falls far short of manifesto promise to support energy efficiencyWorld - Financial Times - November 1 -
Hungary’s largest oil group attacks western ‘hypocrisy’ over Russian energy
Mol’s links to Moscow have come under scrutiny after Spain’s veto of Hungarian consortium’s bid for train maker TalgoWorld - Financial Times - October 27 -
Democratic group launches opposition research effort on Trump administration
A major Democratic super PAC on Friday announced the launch of an opposition research and tracking effort intended to serve as a hub of information on President-elect Trump’s new administration and ...Politics - The Hill - November 15 -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - November 9 -
Qatar Pauses Efforts to Mediate Stalled Gaza Cease-Fire
The Gulf state’s move reflects frustration with the lack of progress by Hamas and Israel.World - The Wall Street Journal - November 9 -
The Russia-Ukraine War Intensifies, With Drone Attacks, Foreign Troops and Record Losses
The surge in fighting occurs as President-elect Donald Trump pledges to end the conflict.World - The Wall Street Journal - November 10 -
Target's big discounting effort falls short as consumers spend less on some goods
Target reported earnings Wednesday that came in far below Wall Street's expectations, something the big-box retailer attributed to slower than expected demand.Top stories - NBC News - 3 days ago -
China gears up for a big week as markets await U.S. elections and stimulus details
The size of China's highly anticipated stimulus plans will likely depend on the outcome of the U.S. presidential election, analysts say.Business - CNBC - November 3 -
China's vice premier vows to boost Hong Kong competitiveness, says stimulus push has 'benefited' the city
Chinese Vice Premier He Lifeng and several top financial policymakers have gathered at the third Global Financial Leaders Investment Summit.Business - CNBC - 4 days ago -
Latest news on China's efforts to hack Trump, Vance and Harris campaign
Federal officials say China-backed cybercriminals may be behind efforts to hack phones or networks used by former President Donald Trump and running mate JD Vance. The hackers may have also ...Top stories - CBS News - October 28 -
New details on China's alleged efforts to interfere in U.S. politics
The Washington Post is reporting that a group of hackers linked to the Chinese government collected audio recordings from phone calls of American political figures, including an unnamed Donald ...Top stories - CBS News - October 28 -
AstraZeneca embarks on major US expansion
UK’s largest drugmaker to invest $3.5bn by end of 2026 as it targets doubling of revenuesBusiness - Financial Times - November 12 -
Canadian indigenous groups seek deals with China despite security fears
First nations communities look to bolster income despite Ottawa’s suspicions of BeijingWorld - Financial Times - November 14 -
Air freight groups and airlines rush to increase flights out of China
Rate for flying goods from Asia to US has jumped as demand for cheap Chinese imports continue to riseWorld - Financial Times - 6 days ago -
US will unveil new export restrictions on China, lobbying group says
New regulations could add up to 200 Chinese chip companies to a trade restriction list, according to email. The Biden administration is set to unveil new export restrictions on China as soon as ...World - The Guardian - 19 hours ago