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China to inject $174 billion of liquidity on Monday as markets reopen

China's central bank said it will inject 1.2 trillion yuan ($174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus.



5 years ago

Honda plans to resume Wuhan plant production with Dongfeng on February 14

Japanese automaker Honda Motor Co plans to resume car production at its China venture with Dongfeng Automobile on Feb. 14, according to current government guidance, a company spokesman told Reuters on Sunday.



5 years ago

Is co-living the new Craigslist?

Less than the cost of living alone in many high-priced cities, communal housing is becoming more and more popular. This more affordable option has taken on a life of its own.

5 years ago

Gauging The Coronavirus Effect On Supply Chains — And The Last Mile

Pymts.com | Jan 30, 2020 Production supply chains are likely to feel the impact of the coronavirus as it spreads in China and spreads across borders. As China cuts off transportation access to and from cities like Wuhan, and dozens of airlines have canceled international flights to the country, the question of just how trade

5 years ago

Investors brace for ugly start to post-holiday trade in China

Investors are bracing for a potential plunge in Chinese markets on Monday when onshore trade in stocks, bonds, yuan and commodities resumes following the Lunar New Year break and a steep global selldown on fears about the spread of a new virus.



5 years ago

Asian shares set for rough ride on virus fears, China in focus

Asian markets are set for another bumpy ride on Monday on fears about the hit to world growth from the rapidly spreading coronavirus, with all eyes on China where trading resumes following the Lunar New Year break.



5 years ago

U.S. flight rules on China visits will pose new airline challenges

The U.S. Department of Homeland Security (DHS) issued rules on Sunday to implement new restrictions on Americans who have recently visited China to address the threat of the coronavirus.



5 years ago

Exclusive: Germany ran world's largest current account surplus in 2019 - Ifo

Germany's current account surplus remained the world's largest last year despite trade tensions, the Ifo economic institute will say on Monday, in an estimate likely to renew criticism of Chancellor Angela Merkel's fiscal policies.



5 years ago

Exxon Baytown refinery union workers reject contract offer: sources

Union workers at Exxon Mobil Corp’s Baytown, Texas, refinery rejected a contract extension in voting completed on Friday, said sources familiar with the vote.



5 years ago

Chinese markets tumble on coronavirus fears

Chinese stock and commodity markets fell heavily at the open on Monday, in the first trading session after an extended Lunar New Year break, as investors dumped risky assets in response to rising fears about the spread of a new virus across China.



5 years ago

China January factory activity growth slows to five-month low: Caixin survey

China's factory activity expanded at its slowest pace in five months in January, even as an outbreak of a new virus added to risks facing the world's second-largest economy, a private survey showed on Monday.



5 years ago

AirAsia shares plunge after Airbus bribery allegations

Shares of Malaysia's AirAsia Group and unit AirAsia X fell on Monday, after allegations by Britain's Serious Fraud Office that Airbus paid a bribe of $50 million to win plane orders from Asia's largest budget airline group.



5 years ago

China's CATL signs battery supply agreement with Tesla

China's top electric vehicle battery maker CATL said on Monday it has signed a battery supply agreement with Tesla .



5 years ago

Asian shares set for rough ride on virus fears, eyes on China

Asian markets are set for another bumpy ride on Monday on fears about the hit to world growth from the rapidly spreading coronavirus, with all eyes on China where trading resumes following the Lunar New Year break.



5 years ago

Asian shares drop, commodities sink on virus fears after Lunar New Year break

Asian shares stumbled on Monday, oil skidded and commodities on Chinese exchanges plunged on their first trading day after a long break on fears the coronavirus epidemic will hit demand in the world's second-largest economy



5 years ago