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Showing 201 - 210 of 1630 results for "Chinese"

Chief economist update: Chinese green shoots?

BENJAMIN ONG  |  MONDAY, 2 DEC 2019
... up to its highest reading in eight months to 61.0 in November from 60.7 in October. Are we seeing green shoots in the Chinese economy, fertilised and watered by government and central bank stimulus packages? Recall that on November 18, the People's ...

Aviva restructures, plans new retirement focus

JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2019
... Hillhouse Capital. Aviva recently completed a review of its Singapore business which it has opted to retain, along with its Chinese operations. According to reports, the restructure will see the removal of about 2000 jobs over the next three years. Aviva ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... central bank to do? In the case of the People's Bank of China (PBOC), it's going for growth. In a surprise move, the Chinese central bank cut its seven-day reverse repo rate from 2.55% to 2.5% yesterday - the first rate reduction in four years ...

Chief economist update: Lower iron ore a boon to the Aussie budget

BENJAMIN ONG  |  THURSDAY, 14 NOV 2019
... a month later. Reduced supply - due mainly to the mining dam disaster in Brazil - and increased demand - due to higher Chinese steel production - sent iron ore prices soaring in the first half of this year. These main "up" factors started to unwind by ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
Here we go again, the never-ending Sino-Yankee trade deal or no deal saga. This from Bloomberg: "Chinese officials are casting doubts about reaching a comprehensive long-term trade deal with the U.S. even as the two sides get close to signing a "phase ...

China backs blockchain, Bitcoin soars

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
Bitcoin increased its market cap by $55 billion after Chinese President Xi Jinping said China must "seize the opportunity" for blockchain technology. "We must take blockchain as an important breakthrough for independent innovation of core technologies ...

Trillionaires around the corner: study

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... the youngest one to cross the milestone is expected to be Mark Zuckerberg at the age of 51. Next in line after Bezos is Chinese real estate developer Xu Jiayin, who started his career as a technician at a steel factory and now chairs Evergrande Group ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
... envoy" title. Delegaton also cut short stay in Washington by one night," it said. "[US] Commerce Department placed eight Chinese tech firms to entity list, barring purchases of parts and components from firms without US government approval ( Bloomberg ...

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
... article from Reuters stated: "President Donald Trump's administration is considering the possibility of delisting Chinese companies from US stock exchanges... Officials are also examining how the US could put limits on the Chinese companies included ...

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG  |  FRIDAY, 27 SEP 2019
... 2010 when it overtook Japan); the 'A' shares in its stock market is now included in the MSCI indexes; and the Chinese yuan officially became a world currency on 1 October 2016 - making it the third reserve currency with a weighting of nearly ...