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China Weighs Options to Blunt U.S. Sanctions in Taiwan Conflict

BEIJING, Oct 20 Reuters In a war with the U.S. over Taiwan, China would need to create a global network of companies under U.S. sanctions, seize American assets within its borders, and issue golddenominated bonds, according to Chinese governmentaffiliated researchers studying the Western response to Russia after its invasion of Ukraine. The sanctions against Moscow have prompted […]
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WeWork COO Anthony Yazbeck to Step Down

Reuters WeWork39;s Chief Operating Officer Anthony Yazbeck will step down from his role and also as president on Oct. 20, the company said on Thursday, days after it named interim chief David Tolley as permanent CEO. The leadership changes at the beleaguered flexible workspace provider comes amid its ongoing efforts to turn around the ailing business. […]
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Australias Employment Slump, U.S. Jobless Claims Lower

PREVIOUS TRADING DAY EVENTS 19 Oct 2023 Employment data for Australia are showing that the labour market is losing steam. Underlying figures suggest vacancies are being filled and openings are declining. Employment change was reported just 6.7K from the expected 20.6K. The participation rate, at 66.7 in September is at its lowest level since February, […]
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UK Consumer Confidence Tumbles in Oct, Inflation Weighs GfK

LONDON, Oct 20Reuters British consumer confidence has tumbled this month after rising to its highest since the start of 2022 in September, reflecting households39; renewed concerns about the outlook for their personal finances and the broader economy. The GfK consumer confidence index, Britain39;s longestrunning survey of its type, dropped to a threemonth low of 30 […]
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China Export Curbs Choke off Shipments of Gallium, Germanium for 2nd mth

BEIJING, Oct 20 Reuters China39;s curbs on exports of gallium and germanium products choked off international shipments of the chipmaking metals for a second consecutive month, customs data for September showed on Friday. China39;s exports of wrought germanium products stood at 1 kilogram, versus zero in August after a flurry of buying prior to the restrictions saw […]
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