China’s Zijin Mining said on Monday it has agreed to buy one of the largest gold mines of Kazakhstan, the Raygorodok Gold Mine, for $1.2 billion.
Ford’s CEO says China’s EV progress is ‘the most humbling thing’ he’s ever seen
“We are in global competition with China and it’s not just EVs. And if we lose this, we do not have a future Ford,” Jim Farley, the CEO of Ford, said.
U.S.-China trade truce doesn’t even address the ‘low-hanging fruits’: OCBC
Tommy Xie of OCBC discusses the trade agreement framework between the U.S. and China, and says that one potential “big solution” to China’s economic issues is structural reform regarding the rights of …
China’s tighter export controls squeeze wider range of rare earths
China’s export controls are spilling over into products beyond the rare earths and magnets officially identified by Beijing, threatening broader supply chain disruption and undermining US claims that …
China’s Ant Group invested $3.26 billion in R&D in 2024
SHANGHAI (Reuters) -Chinese financial technology firm Ant Group said on Monday that it has increased investment in research and development (R&D) for four consecutive years since 2021, reaching a …
Rupee to ride Asia FX rally on US-China trade cheer
The Indian rupee is likely to be well supported at open on Monday, aided by the strength in Asian currencies following positive trade-related developments between the U.S. and China.
China’s Zijin Mining to acquire Kazakh gold mine in $1.2 billion deal
China’s biggest gold and copper producer Zijin Mining said on Monday it had agreed to buy one of the largest gold mines of Kazakhstan, the Raygorodok Gold Mine, for $1.2 billion. Zijin said its unit …
China resumes seafood imports from some Japan regions
China on Sunday announced it is immediately resuming seafood products imported from some Japanese regions, ending a nearly two-year overall ban imposed due to worries over Japan’s release of treated …
China’s June manufacturing activity shrinks for third month
China’s manufacturing activity shrank for a third month in June, a survey showed on Monday, suggesting factory managers are struggling to find domestic buyers as their overseas sales stutter in the …
S&P 500, Nasdaq hit records, China-US near trade deal, Nike stock soars: Live Updates
The S&P 500 and Nasdaq notched fresh records as investors dial back worries as a U.S.-China trade deal nears and tensions ease between Iran-Israel. Microsoft and Nvidia also hit records, as Nike …