New China ETFs test investor appetite amid Sino-US tech war, market rout

A man wearing a protective mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Register SHANGHAI, Sept 23 (Reuters) – Five Chinese tech-focused ETFs … Read more

Advent to test choppy buyout market with sale of France’s IDEMIA sources

Register now for FREE unlimited access to Register PARIS/FRANKFURT, Sept 1 (Reuters) – Private equity group Advent is set to launch the sale of French biometrics and fingerprint identification firm IDEMIA, sources familiar with the matter said, in a multi-billion euro deal that will test a choppy buyout market this autumn. Goldman Sachs and … Read more

EXCLUSIVE Chinese defense firm has taken over lifting Venezuelan oil for debt offset sources

SINGAPORE/HOUSTON, Aug 26 (Reuters) – China has entrusted a defense-focused state firm to ship millions of barrels of Venezuelan oil despite US sanctions, part of a deal to offset Caracas’ trillions of dollars of debt to Beijing, according to three sources and tanker tracking data. China National Petroleum Corp (CNPC) stopped carrying Venezuelan oil in … Read more

In isolated Russia, a tale of two economies – Reuters

In isolated Russia, a tale of two economiesReuters

United Imaging shares shoot 75% higher in Shanghai debut

A gong is pictured before the listing ceremony of the first batch of companies on STAR Market, China’s new Nasdaq-style tech board, at the Shanghai Stock Exchange (SSE) in Shanghai, China July 22, 2019. REUTERS/Stringer Register now for FREE unlimited access to Register Follows $1.6 bln listing, China’s 3rd biggest so far in 2022 … Read more

As Japanese manufacturing fades, a factory town fights to stay alive

HIGASHIOSAKA, Japan Aug 22 (Reuters) – The small factories in the western Japanese city of Higashiosaka for decades fueled the thundering rise of the country’s biggest brands – but a weak yen and rising costs have accelerated a slow decline, and are reshaping the industrial heartland . Home to about 6,000 firms, 87% of which … Read more

S.Korea’s Yoon pardons Samsung’s Jay Y. Lee to counter ‘economic crisis’

Samsung scion served 18 months in jail for bribery South Korea says leaders needed to help overcome economic crisis Samsung may increase investment with Lee pardoned – analysts SEOUL, Aug 12 (Reuters) – South Korea’s President Yoon Suk-yeol pardoned Samsung Electronics (005930.KS) Vice Chairman Jay Y. Lee on Friday, with South Korea’s Justice Ministry saying … Read more

As the US eyes new China chip curbs, turmoil looms for the global market

Any US export block may affect global chip supply analysts Move would hinder Samsung, SK Hynix upgrading China plants Samsung, SK Hynix together supply over 50% of global NAND chips Curbs could change where future chip plants are built -analyst SEOUL, Aug 3 (Reuters) – Export restrictions being considered by Washington to halt China’s advances … Read more

Wall Street falls on rising US-China tensions, Caterpillar shares weigh

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, July 27, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Register Speaker Nancy Pelosi expected in Taipei later today Caterpillar falls after missing sales estimates Uber gains after reporting positive cash flow Indexes down: Dow … Read more

Morning Bid: Earnings to the rescue?

Styrofoam bull figures stand on a counter on the trading floor at the stock exchange in Frankfurt, Germany January 7, 2016. European shares fell sharply on Thursday after China accelerated the depreciation of the yuan, sending currencies across the region reeling and domestic stock markets tumbling . Germany’s DAX dropped 3.6 percent, while Britain’s FTSE … Read more