Wariness over rate cuts lingers
Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March…
Is progress on inflation stalling?
Prices on displayed in a New York grocery store on Feb. 1, 2023. Leonardo Munoz | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our…
China’s biggest problem is lack of confidence: Standard Chartered CEO
DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows over its ongoing property crisis, a top banking CEO said…
China making more advanced chips — but Beijing still faces challenges
A Chinese flag next to a printed circuit board with semiconductor chips. Florence Lo | Reuters China’s biggest chipmaker SMIC seems to have been manufacturing advanced chips in the last…
Strategist says this is the trade to watch if China is really turning around
Mainland Chinese stocks are trying to rebound from five-year lows and it’s starting to look like Beijing is willing to take some action. At least, that’s the view of Clocktower…
China’s tools for propping up its stock market: Warnings, liquidity boost
Investors pay attention to the stock market at a securities business hall in Fuyang city, East China’s Anhui province, Dec 29, 2023. CFOTO | Future Publishing | Getty Images Chinese…
U.S. Treasury team heads to China to talk subsidies, economic policies
The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China’s “non-market” policies that are adding excess industrial capacity, a…
Manufacturing activity shrank for 4th straight month in January
Banknotes of Renminbi arranged for photography on July 03 2018 in Hong Kong, Hong Kong. S3studio | Getty Images News | Getty Images China’s factory activity contracted for a fourth…
Big Tech earnings loom large
A slogan related to Artificial Intelligence (AI) is displayed on a screen in Intel pavilion, during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16,…
Beijing intensifies military pressure on Taiwan as U.S.-China talks resume
Chinese President Xi Jinping meets with U.S. President Joe Biden at Filoli Estate in the U.S. state of California, Nov. 15, 2023. Li Xueren | Xinhua News Agency | Getty…