China threatens to retaliate over U.S. bill that could shutter Hong Kong trade offices

China threatens to retaliate over U.S. bill that could shutter Hong Kong trade offices

An exterior view of the U.S. Capitol in Washington, DC on September 9, 2024. Members of the Senate and U.S. House of Representatives return to the Nation’s capitol, following their August recess. Bonnie Cash | Getty Images News | Getty Images American lawmakers have passed a bipartisan bill that could eventually lead to the shuttering … Read more

Trump trade policies will fuel freight rates and consumers pay price

Trump trade policies will fuel freight rates and consumers pay price

A cargo ship is sailing towards the docking of a foreign trade container terminal in Qingdao Port, Shandong province, in Qingdao, China, on June 7, 2024. Costfoto | Nurphoto | Getty Images Trade analysts are warning that new tariffs threatened by former President Donald Trump, which he doubled down on during Tuesday night’s presidential debate, … Read more

Debate highlights on trade and tariffs

Debate highlights on trade and tariffs

Former US President and Republican presidential candidate Donald Trump speaks during a presidential debate with US Vice President and Democratic presidential candidate Kamala Harris at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024.  Saul Loeb | AFP | Getty Images Donald Trump and Kamala Harris clashed on China policy during the presidential … Read more

Port union voices full support for strike, raising U.S. economic fears

Port union voices full support for strike, raising U.S. economic fears

Tugboats guide the Maersk Atlanta container ship at the Port of Newark in Newark, New Jersey, US, on Saturday, March 30, 2024.  Bloomberg | Bloomberg | Getty Images After two days of meetings of North America’s largest longshoremen’s union amid an impasse with port ownership on a new contract, concerns of a strike are growing … Read more

China slams U.S. for placing some Chinese firms on export control list

China slams U.S. for placing some Chinese firms on export control list

U.S. President Joe Biden and Chinese President Xi Jinping before a meeting during the Asia-Pacific Economic Cooperation leaders’ week in Woodside, California, Nov. 15, 2023. Brendan Smialowski | Afp | Getty Images China on Sunday said it “resolutely opposes” the U.S. decision to add multiple Chinese entities to its export control list in a bid … Read more

Improving box office collections, promising line-ups buoy PVR Inox stock

Improving box office collections, promising line-ups buoy PVR Inox stock

PVR Inox’s stock has gained 5% in the past three trading sessions following the success of Stree 2 and on account of factors such as strong line-up of films in the coming months and timely expansion of capacity in the southern region. The stock of the country’s largest multiplex company is on a roll after … Read more

Replacing China in copper supply chain is ‘unfeasible,’ warns WoodMac

Replacing China in copper supply chain is ‘unfeasible,’ warns WoodMac

A worker tying copper wire rods before loading them onto a truck in Huai’an, in China’s Jiangsu Province. Vcg | Visual China Group | Getty Images Western countries seeking to diversify away from China’s dominance in copper could delay the energy transition besides raising costs, while its complete replacement would be ‘unfeasible,’ according to Wood … Read more

Carry trade unwind is healthy for Japan, Monex Group’s Koll says

Carry trade unwind is healthy for Japan, Monex Group’s Koll says

Corrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a veteran investor who remains bullish on the Japanese market.   “It forces investors to focus on the real Japan strategy … not just a quick carry trade, borrowing at close to zero interest rates in Japan … Read more

CEO of world’s largest index provider

CEO of world’s largest index provider

Diversification into smaller stocks is a “free lunch” for long-term investors as market trends shift, according to the head of the world’s largest index provider. After a period of concentration into the “Magnificent Seven” mega-cap tech stocks — comparable to the dotcom bubble of the 1990s — traders are diversifying their strategies with small caps … Read more

China’s exports miss expectations in July, while imports pick up

China’s exports miss expectations in July, while imports pick up

Cargo ships loaded with cars and containers for export are departing at the port of Yantai in Yantai, China, on July 31, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s imports grew faster-than-expected in July, while export growth came in below forecasts, according to customs data released Wednesday. Exports in U.S. dollar terms … Read more