Foreign companies pulled more money from China last quarter, a sign that some investors are still pessimistic even as Beijing rolls out stimulus measures aimed at stabilizing growth. China’s direct investment liabilities in its balance of payments dropped $8.1 billion in the third quarter, according to data from the State Administration of Foreign Exchange released…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. In the wake of the recent U.S. presidential election, Jim Cramer has connected the surge in the stock market to the election of President-elect Donald Trump and his anticipated pro-business policies. What Happened: Cramer noted that the conclusion…
If you are the CEO of a global multinational corporation or the chief investment officer of a large global pension fund or a sovereign wealth fund or an insurance company, or an asset manager with a high allocation to emerging markets, India should be the least of your concerns for now. Donald Trump has won…
PETALING JAYA: Malaysia is open to deepening strategic partnerships and welcoming greater investments in high quality technology from China, said Datuk Seri Anwar Ibrahim. “This includes digital economy initiatives, education and skill intensive sectors,” the Prime Minister said in a Facebook post after a bilateral meeting with Chinese Premier Li Qiang on Tuesday (Nov 5)….
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Major technology stocks like Meta Platforms and Microsoft fell after their latest earnings as Wall Street was spooked by their mounting expenses and AI spending. With election-related uncertainties and the need for portfolio diversification, dividend stocks remain in…
Eric Beiley, executive managing director of The Beiley Group at Steward Partners, spoke with Quartz for the latest installment of our “Smart Investing” video series. Watch the interview above and check out the transcript below. The transcript of this conversation has been lightly edited for length and clarity. ANDY MILLS (AM): It could be a…
The U.S. Treasury Department issued a new rule this week seeking to limit U.S. investments in China for military technology. On Monday, the Treasury Department announced a new rule aimed at restricting and monitoring American investments in China’s artificial intelligence, semiconductor, and quantum computing sectors. The move is part of an effort to prevent the…
PALO ALTO, California — The U.S. has finalized rules to restrict certain American investments in mainland China, Hong Kong and Macao in high-tech sectors including artificial intelligence, semiconductors and quantum technology. The final rules, published by the Department of the Treasury on Monday, prohibit U.S. individuals from making certain transactions related to semiconductors and microelectronics,…
“The total value of business in China for Finnish companies is estimated to be more than 20 billion euros per year,” a 2023 report from the Finnish Ministry for Foreign Affairs said, which labeled China as “one of our most important trade partners.” “Chinese investments play the largest role in Finland compared to any other…
At Indonesia’s first electric vehicle battery plant, the first in Southeast Asia, rows of robotic arms precisely move to assemble nickel-based battery cells on the production line. After being chosen by a joint venture of South Korea’s Hyundai and LG for the $1.1 billion factory, Indonesia is now looking to boost investment to give it…