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By Kevin Yao BEIJING (Reuters) -Chinese government advisers are stepping up calls to make the household sector’s contribution to broader economic growth a top priority at Beijing’s upcoming five-year policy plan, as trade tensions and deflation threaten the outlook. Leaders are gathering proposals for their 15th five-year plan, a voluminous document that lays out priorities…
President Donald Trump speaks alongside Israeli Prime Minister Benjamin Netanyahu during a meeting in the Oval Office of the White House on April 7, 2025, in Washington, D.C. Netanyahu and Trump are to meet again on Monday. Kevin Dietsch/Getty Images North America hide caption toggle caption Kevin Dietsch/Getty Images North America WASHINGTON — Israel Prime…
A German pension fund has tapped a Chinese firm’s Hong Kong arm to help it invest in local stocks, in a rare move among global allocators that have been cautious about gaining exposure to the nation’s equities. KZVK, which manages €34.1 billion ($40 billion), gave $50 million to Fullgoal Asset Management (HK) Ltd. in the…
Toyota’s New Engine Family: Here’s Why Rivals Should Worry originally appeared on Autoblog. A new Toyota engine lineup is causing competitors to double-take for more than one reason Many of today’s powertrain developments are in the electric vehicle (EV) realm, but Toyota is expanding the limits of gas-powered engines. The automaker’s next-gen engine lineup includes…
Retail rents in Hong Kong are expected to remain under pressure, as the trend of residents travelling to the mainland for leisure has led many businesses to opt for short-term leases, experts have said after the vacancy rate in the city’s busiest districts hit a 4½-year high. Analysts on Monday also attributed the mounting vacancies…
North Korea instigated the Korean War while China was only a “reactive” party. The DPRK should participate in arms control but not eliminate all its nuclear weapons. Pyongyang cozies up to Beijing when it needs food and shows only performative goodwill, but the two countries still need each other. And despite it all, China is…
Warren Buffett has built an incredible track record running Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). And he did it using simple-to-understand logic: Buy well-run companies when they look attractively priced and then hold for the long term (so you can benefit from the growth of the business over time). But even well-run companies fall out of…
China and Hong Kong stocks fell on Monday as anxiety over U.S. trade policy intensified ahead of the July 9 deadline, with upcoming inflation data expected to further test investor nerves. ** As of the midday trading break, China’s blue-chip CSI300 Index 3399300 slipped 0.6%, while the Shanghai Composite Index 000001 edged down 0.2%. **…
The death of Daniel Park, the Washington state man accused of conspiring to bomb a fertility clinic in California, is being investigated as a suicide, according to Park’s former defense attorney. Peter Hardin, a defense attorney who was representing Park, told CBS News that Park’s parents “were able to locate and recover Daniel’s body” but…
Hundreds of people have flocked to the Hong Kong waterfront to catch a final glimpse of the Shandong aircraft carrier and its fleet as they conclude their five-day port call to the city, with the No 2 official saying the visit has boosted residents’ national pride. During his speech on Monday, Chief Secretary Eric Chan…