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Tag: banking

Posted on 31/01/2023

China’s copper costs driven up by Maike’s woes, output glitches

China's copper buyers face higher costs for the metal this year, buyers and analysts said, after market disruptions from top importer Maike Group's financial woes and production glitches at domestic ... ( read original story ...)

Posted on 31/01/2023

China stocks are close to bull market highs after returning from Lunar New Year break

China's onshore A-shares were hovering close to bull market territory on Monday, the first day after returning from the Lunar New Year holiday. ( read original story ...)

Posted on 31/01/2023

Markets struggle before central bank rate decisions

The US Federal Reserve is forecast Wednesday to lift interest rates by just 25 basis points, down from a half-point hike last month, which followed four straight 75 basis point increases. ( read original story ...)

Posted on 30/01/2023

China’s new stock crackdown another bunny from the hat to distract from the elephant in the market

After his October 2022 ascension to Chairman for Life, President Xi Jinping knows he badly needs an economic win. ( read original story ...)

Posted on 30/01/2023

China, Central Bank Outlooks Churn Asian Stock Markets

Asian stock markets were uneven Monday on prospects for economic growth in China, and on the outlook for more tightening by major global central banks. Hong Kong sank, Shanghai edged forward, and ... ( read original story ...)

Posted on 30/01/2023

ACM Research’s Operating Subsidiary ACM Research (Shanghai) Provides Preliminary Financial Results for Fiscal Year 2022

ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced that its operating ... ( read original story ...)

Posted on 30/01/2023

China’s yuan jumps on signs of economic recovery, market awaits global central bank meetings

SHANGHAI: China’s yuan jumped against the dollar on the first trading day after the week-long Lunar New Year holidays on Monday, as investors cheered signs of economic recovery suggested by robust ... ( read original story ...)

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