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United Kingdom

Winni Zhou

China shares, yuan soar as Trump delays tariffs; Hong Kong lags

25 Feb 2019

SHANGHAI Chinese stocks posted their biggest single-day gains in more than three years on Monday after U.S. President Donald Trump said he would delay an increase in tariffs on Chinese goods thanks to "productive" trade talks.Trump said that he and Chinese President Xi Jinping would meet to seal a deal if progress continued.

WRAPUP 4-China shares, yuan soar as Trump delays tariffs; Hong Kong lags

25 Feb 2019

* SSEC +5.6 pct, CSI300 +5.9 pct, biggest 1-day gains since July 2015

WRAPUP 4-China shares, yuan soar as Trump delays tariffs; Hong Kong lags

25 Feb 2019

* SSEC +5.6 pct, CSI300 +5.9 pct, biggest 1-day gains since July 2015

Yuan's drop aligns it with China's cooling economy, easier policy

22 Jan 2019

SHANGHAI/HONG KONG A surprising rally for China's yuan over the turn of the year has been cut short by widespread expectations that Beijing will ramp up policy easing in coming months to avert a sharper economic slowdown.

China central bank's record $83 billion injection heightens worries over ailing economy

16 Jan 2019

SHANGHAI China's central bank injected a record $83 billion into the country's financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy.

Weak credit growth raises odds of first China rate cut in years

16 Nov 2018

SHANGHAI/BEIJING, Nov 16 China's stubbornly weak credit growth has spurred talk of its first cut in benchmark lending rates in three years, but economists and policy insiders say concerns about a potential knock to its currency will likely give the central bank pause.

China's Xi promises to raise imports amid trade row with U.S.

05 Nov 2018

SHANGHAI Chinese President Xi Jinping promised on Monday to lower tariffs, broaden market access and import more from overseas at the start of a trade expo designed to demonstrate goodwill amid mounting frictions with the United States and others. | Video

CORRECTED-UPDATE 1-China's Xi Jinping promises lower tariffs, more imports

05 Nov 2018

SHANGHAI, Nov 5 China will lower import tariffs and continue to broaden market access, President Xi Jinping said on Monday at the opening of a week-long trade expo seen as an attempt by Beijing to counter mounting criticism of its trade and business practices.

RPT-Investors hedge their faith in China's faltering yuan

30 Oct 2018

HONG KONG/SHANGHAI, Oct 30 As China's yuan approaches the 7 to the dollar barrier, investors are betting authorities will eventually let the currency fall beyond the historic level. Yet they are just as confident that China won't allow the kind of capitulation seen in past market meltdowns.

Investors hedge their faith in China's faltering yuan

30 Oct 2018

HONG KONG/SHANGHAI As China's yuan approaches the 7 to the dollar barrier, investors are betting authorities will eventually let the currency fall beyond the historic level. Yet they are just as confident that China won't allow the kind of capitulation seen in past market meltdowns.

World News

Barr plans to issue Mueller report details within weeks

U.S. Attorney General William Barr plans to issue in a matter of weeks a public version of the special counsel's report that found President Donald Trump's 2016 campaign team did not conspire with Russia, as Trump sought to capitalise on the conclusions.