Hermes profits surge as U.S. sales grow, China rebounds
admin Hermes International SCA RMS, +7.01% on Friday maintained its medium-term growth goal as first-half earnings…
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Politburo statement indicates Chinese economy will miss 2022 growth target
Chinese leaders all but acknowledged that the country would miss its annual growth target this…
Read MoreU.S. trade deficit in goods narrows for third straight month in June
The numbers: The U.S. trade deficit in goods narrowed 5.6% to $98.2 billion in June,…
Read MoreChina slaps $1.2 billion fine on ride-hailing giant Didi, citing cybersecurity breaches — WSJ
SINGAPORE–Chinese authorities fined ride-hailing company Didi Global Inc. the equivalent of about $1.2 billion, bringing…
Read MoreChina’s holdings of U.S. Treasurys fall below $1 trillion, report shows
The amount of U.S. Treasury securities held by China fell below $1 trillion, according to…
Read MoreStellantis to terminate Jeep China joint venture
Stellantis NV said Monday that it will end the joint venture that makes and distributes…
Read MoreU.S. stocks open lower as China COVID restrictions bite
U.S. stocks opened lower on Monday one session after the Nasdaq Composite cemented its longest…
Read MoreOil prices sink as China tightens COVID-19 restrictions
Oil futures slumped Monday after China imposed curbs on activity in an effort to squelch…
Read MoreStock futures slide as China COVID restrictions spark fresh global growth fears
U.S. stock futures stumbled on Monday as China COVID fears sparked fresh global growth concerns…
Read MoreChina EV makers’ shares rise as Beijing plans further support for auto sector
Shares of major Chinese electric car makers jumped in Hong Kong, as investors welcomed Beijing’s…
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