Tag: China
China dumps $22.7 billion in US treasury bills
China has slashed its holdings of US Treasury bills by 25% since 2021
Beijing: China has offloaded $22.7 billion US treasury bills recently over concerns...
China sanctions deal major blow to ASML’s first-quarter orders
Dutch semiconductor giant could only sell 70 units of lithography systems during the quarter
Stff Report
Dubai: Dutch semiconductor giant ASML Holding’s new orders fell...
Indonesia is on Apple CEO’s radar as a manufacturing facility
iPhone maker explores production bases beyond its longtime stronghold of China
Staff Report
Bengaluru: Apple CEO said that it is looking into building a manufacturing...
After US, now Hong Kong gives nod for bitcoin, ethereum spot...
Asia's first city to accept cryptocurrencies
Hong Kong: Hong Kong's securities regulator approved the first spot bitcoin and ethereum exchange traded funds (ETFs) on Monday,...
Travel&tourism to earn $11.1 trillion in 2024
The sector is expected to contribute an additional $770 billion
BBN Bureau
Dubai: The travel and tourism sector's global economic contribution set to reach an all-time...
NSE outshines Chinese, Hong Kong peers
China, HK stocks lost $ 5 trn, more than India's market cap
Equity markets in China and Hong Kong together offloaded shares worth a...
US worried over China’s green goods excess capacity, fears it will...
US to take up the matter with China
BBN Desk
The US is worried over the China’s excess capacity in clean energy products. It...
Mumbai is now Asian capital of billionaires
Globally, Mumbai stands third in terms of billionaires
BBN Bureau
New Delhi: Mumbai, the commercial hub of the country, has emerged as the Asian capital of...
Oil prices may fall back to $70s
So far this month, oil has rallied
BBN Bureau
Dubai: Oil prices are likely to fall back into the $70s after gaining strength recently on the...
India’s push for EVs may lead to large-scale entry of Chinese...
The renewed policy may make India a hub for EV manufacturing
BBN Bureau
New Delhi: The Indian government's push to boost domestic manufacturing of electric...