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China pumps cash into banking system to support stimulus funding

China pumps cash into banking system to support stimulus funding

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The People’s Bank of China offered 1.45 trillion yuan ($200 billion) of cash through its medium-term lending facility — 600 billion yuan more than the 850 billion yuan coming due in November. The net injection was the most since 2016.

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​ The People’s Bank of China offered 1.45 trillion yuan ($200 billion) of cash through its medium-term lending facility — 600 billion yuan more than the 850 billion yuan coming due in November. The net injection was the most since 2016. The People’s Bank of China offered 1.45 trillion yuan ($200 billion) of cash through its medium-term lending facility — 600 billion yuan more than the 850 billion yuan coming due in November. The net injection was the most since 2016.  Moneycontrol Latest News Read More  

The People’s Bank of China offered 1.45 trillion yuan ($200 billion) of cash through its medium-term lending facility — 600 billion yuan more than the 850 billion yuan coming due in November. The net injection was the most since 2016.

China’s Xi Jinping begins first US trip in six years amid tight security

China’s Xi Jinping begins first US trip in six years amid tight security

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Xi will be greeted at 3 p.m. local time Tuesday by Treasury Secretary Janet Yellen — one of the several top US officials who smoothed the path for his visit. The Chinese leader is traveling with his chief of staff Cai Qi and Foreign Minister Wang Yi, according to the official Xinhua News Agency.

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​ Xi will be greeted at 3 p.m. local time Tuesday by Treasury Secretary Janet Yellen — one of the several top US officials who smoothed the path for his visit. The Chinese leader is traveling with his chief of staff Cai Qi and Foreign Minister Wang Yi, according to the official Xinhua News Agency. Xi will be greeted at 3 p.m. local time Tuesday by Treasury Secretary Janet Yellen — one of the several top US officials who smoothed the path for his visit. The Chinese leader is traveling with his chief of staff Cai Qi and Foreign Minister Wang Yi, according to the official Xinhua News Agency.  Moneycontrol Latest News Read More  

Xi will be greeted at 3 p.m. local time Tuesday by Treasury Secretary Janet Yellen — one of the several top US officials who smoothed the path for his visit. The Chinese leader is traveling with his chief of staff Cai Qi and Foreign Minister Wang Yi, according to the official Xinhua News Agency.

China’s Xi Jinping begins first US trip in six years amid tight security

China’s Xi Jinping begins first US trip in six years amid tight security

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Xi will be greeted at 3 p.m. local time Tuesday by Treasury Secretary Janet Yellen — one of the several top US officials who smoothed the path for his visit. The Chinese leader is traveling with his chief of staff Cai Qi and Foreign Minister Wang Yi, according to the official Xinhua News Agency.

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​ Xi will be greeted at 3 p.m. local time Tuesday by Treasury Secretary Janet Yellen — one of the several top US officials who smoothed the path for his visit. The Chinese leader is traveling with his chief of staff Cai Qi and Foreign Minister Wang Yi, according to the official Xinhua News Agency. Xi will be greeted at 3 p.m. local time Tuesday by Treasury Secretary Janet Yellen — one of the several top US officials who smoothed the path for his visit. The Chinese leader is traveling with his chief of staff Cai Qi and Foreign Minister Wang Yi, according to the official Xinhua News Agency.  Moneycontrol Latest News Read More  

Xi will be greeted at 3 p.m. local time Tuesday by Treasury Secretary Janet Yellen — one of the several top US officials who smoothed the path for his visit. The Chinese leader is traveling with his chief of staff Cai Qi and Foreign Minister Wang Yi, according to the official Xinhua News Agency.

US dollar tumbles most in a year as traders bet on end of US hikes

US dollar tumbles most in a year as traders bet on end of US hikes

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A Bloomberg gauge of the dollar tumbled as much as 1.3% on Tuesday, the largest such drop since November 2022. It stayed close to the previous day’s close on Wednesday, helping propel the won and ringgit to the top of Asia’s currency rankings.

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​ A Bloomberg gauge of the dollar tumbled as much as 1.3% on Tuesday, the largest such drop since November 2022. It stayed close to the previous day’s close on Wednesday, helping propel the won and ringgit to the top of Asia’s currency rankings. A Bloomberg gauge of the dollar tumbled as much as 1.3% on Tuesday, the largest such drop since November 2022. It stayed close to the previous day’s close on Wednesday, helping propel the won and ringgit to the top of Asia’s currency rankings.  Moneycontrol Latest News Read More  

A Bloomberg gauge of the dollar tumbled as much as 1.3% on Tuesday, the largest such drop since November 2022. It stayed close to the previous day’s close on Wednesday, helping propel the won and ringgit to the top of Asia’s currency rankings.

Cathie Wood predicts deflation to take hold in US next year

Cathie Wood predicts deflation to take hold in US next year

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“The Federal Reserve has overdone it, we’re going to see a lot more deflation going forward,� the head of ARK Investment Management told Bloomberg TV Tuesday. “If we’re right, and they’ve gone way too far, they’ll have to cut fairly significantly.�

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​ â€œThe Federal Reserve has overdone it, we’re going to see a lot more deflation going forward,â€� the head of ARK Investment Management told Bloomberg TV Tuesday. “If we’re right, and they’ve gone way too far, they’ll have to cut fairly significantly.â€� “The Federal Reserve has overdone it, we’re going to see a lot more deflation going forward,â€� the head of ARK Investment Management told Bloomberg TV Tuesday. “If we’re right, and they’ve gone way too far, they’ll have to cut fairly significantly.â€�  Moneycontrol Latest News Read More  

“The Federal Reserve has overdone it, we’re going to see a lot more deflation going forward,� the head of ARK Investment Management told Bloomberg TV Tuesday. “If we’re right, and they’ve gone way too far, they’ll have to cut fairly significantly.�

Salesforce#39;s strong stock price wooed some investors during Q3

Salesforce#39;s strong stock price wooed some investors during Q3

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Sachem Head Capital Management increased its stake in Salesforce by 33% during the third quarter while Farallon Capital Management upped its holding by 30% to own 2.5 million shares on September 30, the filings show.

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​ Sachem Head Capital Management increased its stake in Salesforce by 33% during the third quarter while Farallon Capital Management upped its holding by 30% to own 2.5 million shares on September 30, the filings show. Sachem Head Capital Management increased its stake in Salesforce by 33% during the third quarter while Farallon Capital Management upped its holding by 30% to own 2.5 million shares on September 30, the filings show.  Moneycontrol Latest News Read More  

Sachem Head Capital Management increased its stake in Salesforce by 33% during the third quarter while Farallon Capital Management upped its holding by 30% to own 2.5 million shares on September 30, the filings show.

European firms urge China to give more clarity on data transfer laws

European firms urge China to give more clarity on data transfer laws

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The European Chamber of Commerce in China called on authorities to “provide precise definitions for both “important data” and “personal information”, as outlined in their rules, and also urged that a proposed relaxation of certain aspects of regulations announced in September be finalised as soon as possible.

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​ The European Chamber of Commerce in China called on authorities to “provide precise definitions for both “important data” and “personal information”, as outlined in their rules, and also urged that a proposed relaxation of certain aspects of regulations announced in September be finalised as soon as possible. The European Chamber of Commerce in China called on authorities to “provide precise definitions for both “important data” and “personal information”, as outlined in their rules, and also urged that a proposed relaxation of certain aspects of regulations announced in September be finalised as soon as possible.  Moneycontrol Latest News Read More  

The European Chamber of Commerce in China called on authorities to “provide precise definitions for both “important data” and “personal information”, as outlined in their rules, and also urged that a proposed relaxation of certain aspects of regulations announced in September be finalised as soon as possible.

Samsung Electronics sold more ASML shares in Q3

Samsung Electronics sold more ASML shares in Q3

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Samsung Electronics more than halved its stake in ASML earlier this year.

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​ Samsung Electronics more than halved its stake in ASML earlier this year. Samsung Electronics more than halved its stake in ASML earlier this year.  Moneycontrol Latest News Read More  

Samsung Electronics more than halved its stake in ASML earlier this year.

Warren Buffett’s Berkshire trims HP stake, exits bet on General Motors

Warren Buffett’s Berkshire trims HP stake, exits bet on General Motors

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The conglomerate’s retreat from Activision completes Buffett’s arbitrage play amid the video-game maker’s prolonged effort to merge with Microsoft Corp., which ran into antitrust scrutiny before the deal was completed in October.

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​ The conglomerate’s retreat from Activision completes Buffett’s arbitrage play amid the video-game maker’s prolonged effort to merge with Microsoft Corp., which ran into antitrust scrutiny before the deal was completed in October. The conglomerate’s retreat from Activision completes Buffett’s arbitrage play amid the video-game maker’s prolonged effort to merge with Microsoft Corp., which ran into antitrust scrutiny before the deal was completed in October.  Moneycontrol Latest News Read More  

The conglomerate’s retreat from Activision completes Buffett’s arbitrage play amid the video-game maker’s prolonged effort to merge with Microsoft Corp., which ran into antitrust scrutiny before the deal was completed in October.

Time to tell Xi Jinping to turn back: Congressman Raja Krishnamoorthi ahead of US-China talks

Time to tell Xi Jinping to turn back: Congressman Raja Krishnamoorthi ahead of US-China talks

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The Biden-Xi bilateral will take place on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, which the US is hosting in San Francisco from November 11 to 17.

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​ The Biden-Xi bilateral will take place on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, which the US is hosting in San Francisco from November 11 to 17. The Biden-Xi bilateral will take place on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, which the US is hosting in San Francisco from November 11 to 17.  Moneycontrol Latest News Read More  

The Biden-Xi bilateral will take place on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, which the US is hosting in San Francisco from November 11 to 17.

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