Latest in Weak China Retail
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China Forex Reserves Climbed in November
China’s foreign-exchange reserves unexpectedly edged up in November, despite a weaker Chinese yuan against the U.S. dollar amid tariff threats from the impending second Trump administration.The Wall Street Journal - Dec. 6 -
The stock market’s ‘fear gauge’ is trading at lows. Why retail investors should take note.
The Cboe Volatility Index hasn’t been this low in months.MarketWatch - Dec. 6 -
Sources: Nets-Suns set as NBA's return to China
The NBA will return to China for the first time since 2019 with two preseason games in Macao between the Nets and Suns in October, sources told ESPN.ESPN - Dec. 6 -
NBA's Diplomatic Playbook Opens an Opportunity in China
Five years ago, a single internet post led to a ban on the league in basketball-crazy China—but there are steps toward a reconciliation.The Wall Street Journal - Dec. 6 -
US, Japan and Philippine forces jointly patrol in South China Sea after hostilities involving China
The United States has deployed a reconnaissance aircraft while Japan and the Philippines sent navy ships in a joint patrol in the disputed South China Sea two days after the allied forces condemned ...ABC News - Dec. 6 -
Trump picks former senator Perdue for ambassador to China
President-elect says candidate’s international business career will help build relations with BeijingFinancial Times - Dec. 6 -
GameStop Jumps After Cryptic Post From ‘Roaring Kitty’ Boosts Retail Hype
GameStop’s stock is up around 76 percent so far this year.Inc. - Dec. 5 -
Will China’s manufacturing juggernaut run out of road?
Faced with weak demand at home and the threat of tariffs abroad, Beijing is under pressure to rethink its export-driven modelFinancial Times - Dec. 6 -
Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears
The retailer hiked its full-year outlook slightly to reflect the better-than-expected results.CNBC - Dec. 6 -
Collapse of France’s Government Further Burdens Its Weak Economy
Already struggling with flat growth and a large debt and deficit, the country faces a new period of instability without a functioning government or a budget.The New York Times - Dec. 5 -
Trump’s tariff threats could open the door to China
The elephant in the room is China, the other nation Trump has vowed to hit with tariffs.The Hill - Dec. 5 -
GM loses its golden goose in China
With a slowing market fuelling a price war between local brands, the party for foreign carmakers looks over for nowFinancial Times - Dec. 5 -
China Slaps Sanctions on 13 U.S. Defense Firms
The largely symbolic move is in response to the Biden administration’s latest arms sales to Taiwan, the island democracy that China considers its own.The New York Times - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
GSK, China's Zhifei Expand Shingles Shot Collaboration
GSK extended its collaboration with Zhifei to commercialize its shingles vaccine Shingrix in China until 2034.The Wall Street Journal - Dec. 5 -
While institutions own 33% of Playtech plc (LON:PTEC), retail investors are its largest shareholders with 48% ownership
Key Insights Playtech's significant retail investors ownership suggests that the key decisions are influenced by...Yahoo Sports - Dec. 5 -
Only China can now lead the world on climate
As far as global environmental concerns go, the US has an irretrievably split personalityFinancial Times - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Shares of American Eagle plunge 13% as company issues weak holiday guidance
American Eagle issued weak holiday guidance after reporting its third sales miss in a row.CNBC - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
South Korea’s tumult is a symptom of China-US strife
As the globalisation-friendly world order fades, its new geoeconomic course is fraught with riskFinancial Times - Dec. 4 -
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'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
Fewer shoppers turned out for Thanksgiving-weekend deals, retail group says. Here’s why.
The five-day period between Thanksgiving and Cyber Monday saw fewer shoppers than a year ago, a major retail-industry group said Tuesday, due in part to the later timing of the holiday this year ...MarketWatch - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
EU to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checksFinancial Times - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
China’s ties with Saudi Arabia buoyed by green tech
Warming relations between Xi Jinping and Saudi crown prince complicate outlook for Trump administrationFinancial Times - Dec. 4 -
Western businesses in China hold on to hopes for Trump 2.0
Some believe the incoming US president is in a strong position to negotiate a trade deal with BeijingFinancial Times - Dec. 4 -
China bars some mineral exports to US
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story China bars some mineral exports to US China has banned exports of some rare minerals to the ...The Hill - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
China retaliates against latest US chip restrictions
Beijing bans export of materials used in semiconductors and batteriesFinancial Times - Dec. 3 -
Stephen A. Smith slams Biden for 'weak, pathetic explanation' of Hunter pardon
Sports commentator Stephen A. Smith criticized President Biden for the way he explained his decision to pardon his son Hunter Biden's gun and tax charges. While Smith seemed to understand why ...The Hill - Dec. 3 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
Top U.N. Envoy Says Gaza War Followed Years of Weak Diplomacy
World leaders failed to focus on a permanent solution to the Israeli-Palestinian conflict and risk making the same mistake again, the departing United Nations’ envoy in the region says.The New York Times - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
Chip war ramps up with new US semiconductor restrictions on China
Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further . The US has announced new export restrictions targeting ...The Guardian - Dec. 3 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2 -
Kittle identifies 49ers' two biggest weaknesses this season
49ers tight end George Kittle revealed San Francisco's two biggest weaknesses during the team's rocky 2024 NFL season.Yahoo Sports - Dec. 2