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China

  • FTSE 100 today: London markets set to extend record streak on strong global cues

    April 30, 2024

    Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.

  • China’s April activity growth slows, raising doubts on economic recovery

    April 30, 2024

    China experienced a slowdown in growth in both its manufacturing and services activities in April, indicating a sluggish start to the second quarter for the world's No. 2 economy.

  • Silicon maker Alphawave Semi reports lower royalty revenues on ‘accelerated transition away from China’

    April 23, 2024

    In the first quarter of 2024, Alphawave said royalties dropped 75 per cent year on year to $9m, reflecting its transition away from China.

  • FTSE 100 today: London markets set to reach fresh highs on increased speculation of BOE rate cuts

    April 23, 2024

    Asian markets mirrored Wall Street's positive momentum, while oil prices rebounded and gold hovered near a one-week low. Bitcoin remained steady despite so-called halving. Investors eagerly awaited Global PMI data and Tesla's earnings report for market direction.

  • Parliamentary researcher and academic charged following China ‘spying’ investigation

    April 22, 2024

    Two men have been charged with spying for China after an investigation by counter-terrorism police.

  • US set to fund London-listed Rainbow Rare Earths mining project as China battle hots up

    April 22, 2024

    Rainbow Rare Earths, listed on the main market of the London Stock Exchange with a market capitalisation of £63m, will receive £40m from Washington's US International Development Finance Corporation to build a plant at the site in South Africa's Kruger National Park.

  • FTSE 100 today: London markets poised for green start as Israel-Iran tensions ease; focus turns to ‘Magnificent Seven’ earnings

    April 22, 2024

    Global markets saw a significant turnaround, with Asian stocks rebounding strongly while oil and gold prices dipped. Bitcoin, on the other hand, surged by 3 per cent. Investors are eagerly awaiting earnings reports from the "Magnificent Seven" companies and aviation giants Boeing and Airbus, making this a pivotal week.

  • ‘I’m happy to be wrong’: Lando Norris surprises himself with China GP finish

    April 21, 2024

    Norris took second behind world champion Max Verstappen, who claimed his fourth win from five races.

  • PwC Hong Kong denies claims about China Evergrande audits in anonymous letter

    April 16, 2024

    PwC Hong Kong has denied claims set out in an anonymous letter circulating on Chinese social media about its audit work for property developer China Evergrande Group. 

  • FTSE 100 today: London shares to open lower amid fading US rate cut hopes, Middle East tensions

    April 16, 2024

    Asian stocks faltered after Wall Street's tech slump, while oil prices surged due to Middle East tensions. China's Q1 GDP soared at 5.3 per cent, yet March's new home prices plummeted. Additionally, the yen hit its lowest level since 1990. Eyes are now on the UK employment data and Fed Chair Powell's speech.

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