Doors China European

More startups are being spun out of Klarna than any other European fintech unicorn

Alumni from Klarna have gone on to create 62 new startups — more than any other fintech unicorn in Europe, according to a new report from VC firm Accel.

Business - CNBC - October 22

European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over

Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December.

Business - CNBC - 6 days ago

Inflation undershoots to jumbo cuts: What 10 European Central Bank members said this week

A slew of Governing Council members spoke to CNBC at the International Monetary Fund's annual meeting in Washington, D.C. this week.

Business - CNBC - 5 days ago

European football: Yildiz double earns Juventus point in 4-4 thriller at Inter

PSG blitz Marseille with three-goal first half Kane and Olise on target as Bayern Munich win 5-0 Piotr Zielinski converted two penalties for Inter as they played out a thrilling 4-4 draw with ...

World - The Guardian - 2 days ago

China Launches Sea and Air Drills Around Taiwan

The one-day military exercises followed a speech by Taiwan’s president last week that reaffirmed the island’s sovereignty.

World - The Wall Street Journal - October 14

China Holds War Games Encircling Taiwan in Warning to Island’s Leader

Scores of Chinese aircraft and dozens of ships surrounded Taiwan, after President Lai Ching-te rejected Beijing’s claim over the island.

World - The New York Times - October 14

China starts large military drills around Taiwan

Manoeuvres come after Taiwan’s president asserted sovereignty but asked Beijing to co-operate to secure peace

World - Financial Times - October 14

China’s Stock Markets Rebound on Promises to Help Businesses

Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.

Business - The New York Times - October 14

China 'punishes' Taiwan president remarks with new drills

Beijing says the exercise involved all parts of the military and simulates a full-scale attack on its neighbour.

Legendary buys out China's Wanda ownership stake

'Dune' production company Legendary Entertainment has bought out the stake previously owned by Chinese conglomerate Wanda Group.

Entertainment - Los Angeles Times - October 14

Behind Xi Jinping's Pivot on Broad China Stimulus

A bevy of bad news prompted action from the leader—but not a full U-turn.

World - The Wall Street Journal - October 15

China’s Wild Panda Census is Widely Regarded as Flawed

The panda census methodology is widely seen as flawed, and China keeps the data shrouded in secrecy.

World - The New York Times - October 15

How the U.S. Is Trying to Challenge China's Cobalt Chokehold

Talks over mining company Chemaf in Congo are part of a push by the Biden administration to secure global supplies of a metal used in everything from jet fighters and drones to electric-vehicle ...

World - The Wall Street Journal - October 15

FrieslandCampina in spotlight as China embarks on EU dairy probe

World - Yahoo News - October 15

Pandas from China arrive in Washington, D.C.

Two pandas from China arrived in Washington, D.C., on Tuesday, ending an 11-month absence of pandas from the National Zoo. The two giant pandas, Bao Li and Qing Bao, will have a month to settle ...

How big is ‘big enough’ for China’s stimulus?

Some estimates and theories

World - Financial Times - October 16

LVMH stock falls on slumping luxury sales in China

LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales

Business - MarketWatch - October 16

To top China in biotech, support US seedbeds of innovation

Congress's ambition to break our dependence on this China-derived supply chain must be paired with an equal zeal for investing in domestic capabilities.

Politics - The Hill - October 16

China Employs Hackers and Celebrities to Undermine Taiwan

Taiwan has accused Beijing of a wide-ranging campaign to weaken the island’s resolve.

World - The Wall Street Journal - October 17

China to almost double support for unfinished housing projects

World - Yahoo News - October 17

McKinsey Cuts Hundreds From China Workforce

The consulting firm is cutting back on state-linked clients and is working to separate its China operations

Business - The Wall Street Journal - October 17

FirstFT: Uber explored bid for travel website Expedia

Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars back

World - Financial Times - October 17

China to boost lending for stalled property projects to $560bn

Beijing is trying to restore confidence in economy amid prolonged real estate slowdown

Business - Financial Times - October 17

China to pump billions into ailing housing market