Recent Posts - page 283

• China state council met real estate developers, banks midst liquidity crisis in China’s property sector

  By admin1 on November 9, 2021 • ( 0 )

  

  As per a source with direct knowledge, a think-tank of China’s powerful state council met banks and real estate developers in Shenzhen city midst intensifying worries liquidity crisis facing China’s property sector. The meeting, held yesterday, included participants from China… Read More ›

• US rolls out global infrastructure projects to counter China’s BRI and problematic lending practices

  By admin1 on November 9, 2021 • ( 0 )

  

  According to a senior US official, the United States plans on investing in five to 10 large infrastructure projects across the globe in January 2022 as part of a broader Group of Seven initiative to counter China’s Belt and Road… Read More ›

• BAE Systems sticks to revenue guidance on increased defense spending in Asia Pacific region.

  By admin1 on November 8, 2021 • ( 0 )

  

  In a statement, British defence giant BAE Systems said, it has decided to stick to its revenue guidance, with earnings set to grow by 3% to 5% this year over the previous year’s result. It also mentioned that demand for its… Read More ›

• SoftBank to undertake $8.82 billion share buyback

  By admin1 on November 8, 2021 • ( 0 )

  

  On Monday, in a statement SoftBank Group Corp said, it would buyback up to $8.82 billion (one trillion yen) of its own stock, equivalent to 14.6% of outstanding stock. The announcement comes after SoftBank completed a record 2.5 trillion yen buyback… Read More ›

• Unrealizable production of magnesium by China, adds to headwinds facing automakers

  By admin1 on November 8, 2021 • ( 0 )

  

  In recent days, European automakers who are already reeling from the global chip shortage have hastened to reassure shareholders that shortages in magnesium do not, for now pose a risk to production plans. Car part suppliers and industry associations have… Read More ›

• Discussions at COP26 focus on climate finance

  By admin1 on November 8, 2021 • ( 0 )

  

  On Monday, Governments are scheduled to push for an agreement to help vulnerable countries deal with global warming and compensate them for damages that have already occurred, in what is likely to be a test whether rich nations and developing… Read More ›

• Fully vaccinated travelers can now travel to the United States

  By admin1 on November 8, 2021 • ( 0 )

  

  On Monday, in the first time in two years, the United States allowed non-US citizens to fly into the country as long as they were fully vaccinated. In 2020, the United States had imposed travel restrictions to stem the spread… Read More ›

• Unexpected Drop In Euro Zone Retail Sales In October Due To Weak German Performance

  By admin2 on November 7, 2021 • ( 0 )

  

  Retail sale number in eurozone fell unexpectedly in September as the largest economy of the bloc – Germany, did not perform to expectations with sluggish non-food sales, according to Eurostat statistics released on Friday. Retail sales in the 19 eurozone… Read More ›

• China Imports Its Three-Year Lowest Volume Of Crude Oil In October

  By admin2 on November 7, 2021 • ( 0 )

  

  Large state-owned refiners in China deferred purchases of crude oil due to rising prices and independent refiners remained constrained by import limits resulting in the country’s crude oil imports dropping down to their lowest level since September 2018. According to… Read More ›

• Another Chinese Real Estate Giant Misses Key Bond Payment, Raising Further Concerns In The Property Market

  By admin2 on November 6, 2021 • ( 0 )

  

  Shares of another Chinese developer were suspended from trading after it failed to service a payment deadline, and this exasperated the already precarious real estate market of the second-largest economy of the world. The Hong Kong Stock Exchange suspended trading… Read More ›

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