Tag: Market Insider
In China, more and more people want to save money as job worries grow
Rather than spend or invest, 58.3% of survey respondents said they preferred to save their money, according to a People's Bank of China second quarter report.
China's Xi arrives in Hong Kong in his first trip off the mainland since the onset of the pandemic
The trip is for the 25th anniversary on Friday of Hong Kong's handover to China from British colonial rule.
China's economy didn't bounce back in the second quarter, China Beige Book survey finds
"While most high-profile lockdowns were relaxed in May, June data do not show the powerhouse bounce-back most expected," according to a report released Tuesday.
U.S. FCC commissioner wants Apple and Google to remove TikTok from their app stores
A leader of the U.S. Federal Communications Commission asked Apple and Google to remove TikTok from their app stores over China-related data security concerns.
China cuts quarantine time for international travelers in big step toward easing Covid controls
Overseas travelers now only need to quarantine at a centralized facility for seven days upon arrival in mainland China, followed by three days at home.
Tencent wants to be foreign automakers' go-to company for tech in China's electric car market
Chinese internet giant Tencent wants to sell technology which the company says will help foreign automakers that want to sell cars in China's EV market.
S&P 500 is little changed as stocks struggle to maintain their comeback from bear market lows
Wall Street is set to wrap up the worst first half for stocks in decades this week.
Quarter-end buying may lift stocks higher before the next market storm
In the very near term, strategists see a window of positive momentum for an oversold market and say the quarter-end period could be a time for some quick gains.
Dow rallies 800 points on Friday to cap big comeback week for stocks
The major averages are looking to snap three-week losing streaks.
Dow jumps 600 points as market comeback this week gains steam
The major averages are looking to snap three-week losing streaks.
Here's what China's e-commerce giants are telling us about the economy
Growth in online sales is slowing, while new players eat away at Alibaba's market share, data show.
China's Xi vows 'more forceful' tools to achieve this year's economic targets
Chinese President Xi Jinping made a rare statement Wednesday about his country's aims to achieve its economic targets for the year.
Look for more selling pressure in week ahead as investors learn the hard way not to fight the Fed
After a brutal week for markets, Fed Chair Jerome Powell will testify before Congress about the central bank's increasingly aggressive plan to fight inflation.
China's Xi says trade with Russia expected to hit new records in the coming months
Chinese President Xi Jinping on Friday spoke via video at a St. Petersburg International Economic Forum plenary session opened by Russia's Putin.
Look for more selling pressure next week as investors learn the hard way not to fight the Fed
After a brutal week for markets, Fed Chair Jerome Powell will testify before Congress about the central bank's increasingly aggressive plan to fight inflation.
