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Sinopec q3 net income up 34% on yr on refinery output growth

China's Sinopec Corp on Thursday reported a 34% rise in third-quarter net profit to 17.86 billion yuan ($2.44 billion) as higher refinery output and s...

October 26, 2023, 6:46 am

Jeep, dodge maker stellantis to invest $1.6 billion in chinese ev startup leapmotor

Stellantis is looking to boost its presence in china where it is a small player, while Leapmotor has am...

October 26, 2023, 4:51 am

Youdao to report third quarter 2023 financial results on november 16

HANGZHOU, china , Oct. 26, 2023 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), ...

October 26, 2023, 4:30 am

Mideast in focus as us, china meet to pave way for biden-xi summit

The veteran Chinese diplomat is expected to meet Biden’s national security adviser, Jake Sullivan, on Friday. He is also expected to speak with Bide...

October 26, 2023, 4:14 am

China is on the right path but it isn't the right time to invest there yet: deutsche bank

Stefanie Holtze-Jen of Deutsche Bank Private Bank says that china is "marching in the right direction" ...

October 26, 2023, 4:08 am

Fiat owner stellantis takes 20% stake in chinese ev maker €1.5bn

Stellantis NV (NYSE:STLA, EPA:STLA), the European automotive giant behind Fiat and Citroën, is investing €1.5 billion to acquire a 20% stake in Ch...

October 26, 2023, 3:05 am

Wpp issues profit warning as us tech clients become more cautuious

WPP PLC (LSE:WPP) has again warned that full-year revenue and profit margins will be lower than expected, as advertising spending fell in North Americ...

October 26, 2023, 2:37 am

Pboc sets usd/ cny mid-point today at 7.1784 (vs. estimate at 7.3265)

The People's Bank of china set the onshore yuan (CNY) reference rate for the trading session ahead.USD/...

October 26, 2023, 1:15 am

Us president biden and chinese foreign minister wang yi expected to meet on friday

Reuters cite two US officials for the info. china's foreign minister will meet with Biden's national se...

October 26, 2023, 12:52 am

Stanchart q3 profit slumps on china impairment charges

Standard Chartered (StanChart) on Thursday said third-quarter pre-tax profit fell by a third, much worse than analysts had expected, as it took a near...

October 26, 2023, 12:40 am

Pboc is expected to set the usd/cny reference rate at 7.3265 – reuters estimate

People's Bank of china USD/CNY reference rate is due around 0115 GMT.The People's Bank of...

October 26, 2023, 12:23 am

Nomura reassesses mainland china business plan as losses mount

Nomura Holdings said on Thursday it is reassessing its mainland china business, as losses mount at its ...

October 25, 2023, 11:14 pm

Bmw says diversifying risks does not mean it is leaving china

German automaker BMW Group said that diversifying its supply chains away from china does not mean leavi...

October 25, 2023, 10:52 pm

Tesla supplier syrah expects more graphite buys ahead of china export ban

Australian producer Syrah Resources on Thursday said it expects buyers outside of china to step up thei...

October 25, 2023, 10:38 pm

Forexlive americas fx news wrap 25 oct: stocks and bonds move lower. usd higher on the day

NASDAQ index has its worse trading days since February 21USD/JPY rises above 150.00CIBC sees the Bank of Canada cutting rates by 150 basis points next...

October 25, 2023, 8:50 pm

All eyes on china and u.s inflation data for clues on gold’s next big move – what’s next?

As the Israel-Hamas conflict continues to brew in the background – traders have turned their attention to new stimulus measures from...

October 25, 2023, 8:40 pm

Meta's ad rebound gets huge assist from china even though its services are banned there

Meta finance chief Susan Li told analysts on Wednesday that Chinese companies played a major role in the third quarter in driving revenue growth...

October 25, 2023, 8:19 pm

Australian dollar isn't getting much help from inflation or china stimulus. ugly day.

If I were to tell you that Australia would have a hot inflation report and china would announced a jump...

October 25, 2023, 7:32 pm

Honda ceo on relation with gm, china

Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors Co. due to a changing business environment, says...

October 25, 2023, 6:25 pm

Jd.com spooks investors with 55% plunge

Chinese e-commerce giant JD.com (JD) has tumbled 55% in 2023— china's weak recovery, depressed consum...

October 25, 2023, 5:21 pm


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