Pboc sets usd/ cny mid-point today at 6.7492 (vs. estimate at 6.7499)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no ...

February 1, 2023, 1:15 am

Pgj: gain low-cost exposure to the china recovery

The Invesco Golden Dragon China ETF continues its outperformance in 2023 as investor sentiment turns increasingly bullish on Chinese equities. Given i...

January 31, 2023, 2:05 am

Pboc sets usd/ cny central rate at 6.7604 (vs. estimate at 6.7607)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no ...

January 31, 2023, 1:15 am

Eur/usd price analysis: fades bounce off fortnight-old support line below 1.0900

EUR/USD seesaws around intraday high after snapping two-day downtrend. Descending resistance line from Thursday, 50-HMA ...

January 30, 2023, 1:29 am

Pboc sets usd/ cny reference rate for today at 6.7626

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead after the long Lunar New Year holiday break.

M...

January 30, 2023, 1:15 am

The wall street journal: despite ban, china nuclear-weapons lab has bought u.s. chips for years

China’s top nuclear-weapons research institute has bought sophisticated U.S. computer chips at least a dozen times in the past two and half years, c...

January 29, 2023, 9:57 pm

Asml sees demand for chips rallying this year, boosts sales view

Not long ago, analysts fretted that chip equipment makers, such as ASML Holding N.V. (NASDAQ: ASML) would face steep revenue declines because of ...

January 28, 2023, 9:50 am

Asml: steps made towards deal on curbing exports to china

ASML Holding NV said on Saturday it understood progress had been made towards an agreement among several governments on new ...

January 28, 2023, 4:25 am

Goldman sachs cuts ceo david solomon's pay about 30%

Goldman Sachs cut CEO David Solomon's compensation by about 30% to $25 million for 2022. The package includes a $2 million base salary and $23 million...

January 27, 2023, 12:05 pm

The us, japan and the netherlands have reached agreement on chip export curbs to china

Bloomberg (gated) carrying the report .

In brief, Bloomberg citing unnamed sources:

• US, Dutch and Japanese officials are set to c...

  January 27, 2023, 2:07 am

Bofa's stock reward reflect financial firms' conundrum

BofA again plans to give restricted stock rewards to most of its workers, reflecting the balance big fi...

January 26, 2023, 3:15 pm

Us opening bell 26-01-2023

EUROPEAN EQUITIES REMAIN POSITIVE AHEAD OF THE US OPENING; THE BOC HIKED INTEREST RATES BUT STARTED TALKING ABOUT A PAUSE IN ...

January 26, 2023, 2:13 pm

Zoodpay and mastercard launch virtual bnpl card

ZoodPay and Mastercard have teamed up to launch a prepaid virtual installment card. The new card was announced in a joint press release on Monday (Jan...

January 25, 2023, 3:46 pm

Asml ceo expects steady china sales in 2023 despite restrictions

ASML Holding NV's exports to mainland China will likely hold at last year's level in 2023 despite ongoing U.S-Dutch government talks over new ...

January 25, 2023, 2:05 pm

Ecb's makhlouf: we need to continue to increase rates our meeting next week

• We also need to increase rates again at the March meeting
• Our future policy decisions need to continue to be data-dependent
• In...

  January 25, 2023, 1:29 pm

Broadcom's $61 billion purchase of vmware draws investigation from u.k. regulators

The U.K.'s Competition and Markets Authority said Wednesday that it was investigating Broadcom Inc.'s AVGO planned $61 billion purchase of VMware Inc....

January 25, 2023, 6:20 am

Semiconductor giant asml sees 2023 sales surge; says china revenue to be steady despite u.s. chip restrictions

Dutch chip equipment maker ASML forecast a 25% jump in 2023 revenue as the semiconductor industry forecasts a recovery in the second half of this year...

January 25, 2023, 3:37 am

Netease offers value in china's gaming market amid uncertainty

NetEase is the second-largest gaming company in China, which is the largest gaming market in the world. The Chinese government has imposed ...

January 24, 2023, 1:15 pm

Stablecoins will re-enter japan? fsa works on regulations

Japan intends to allow local investors to trade foreign stablecoins, such as USD Coin (USDC) or Tether (USDT), by the end of the second quarter of ...

January 24, 2023, 12:15 pm

Consider emcr and emsg as emerging markets see tailwinds

Emerging markets, which had a very difficult year in 2022, are getting some tailwinds in 2023; the biggest of which is China's about-face on its stric...

January 24, 2023, 11:59 am