By Luc Cohen NEW YORK (Reuters) -Guo Wengui, an exiled Chinese businessman and outspoken opponent of Beijing’s communist government, was convicted on Tuesday in his U.S. trial on charges of stea[...]
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July 17, 2024
US considering tougher trade rules in chip crackdown on China, Bloomberg News reports
(Reuters) – The Biden administration has informed allies that it is considering using the most severe trade restrictions available for China if companies including Tokyo Electron and ASML Holdin[...]
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Japan’s mixed business sentiment highlights patchy economic outlook
(Corrects figures throughout) By Tetsushi Kajimoto TOKYO (Reuters) – Japanese manufacturers became more confident about business conditions in July whereas those in the service sector cooled, th[...]
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China’s June jobless rate for 16-24 year olds at 13.2%, stats bureau says
BEIJING (Reuters) – The jobless rate for 16 to 24 year olds in China, excluding college students, was at 13.2% for the month of June, the country’s statistics bureau said on Wednesday. The[...]
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Analysis – China’s gold buying break seen as fleeting given its long-term needs
By Polina Devitt and Kevin Yao LONDON/BEIJING (Reuters) – China still has plenty of appetite for official gold purchases despite pausing in May and June, as its bullion holdings remain low as a[...]
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Fed’s Kugler cautiously optimistic inflation headed to 2% target
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Governor Adriana Kugler on Tuesday expressed cautious optimism that inflation is returning to the U.S. central bank’s 2% target, with go[...]
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