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China will Sharply Increase Funding from Treasury Bonds to Spur Growth in 2025

China to increase ultralong treasury bond funding in 2025 Funds to support consumer subsidies and business equipment upgrades Policymakers committed to shoring up economy, step up support BEIJING, Jan 3 Reuters China will sharply increase funding from ultralong treasury bonds in 2025 to spur business investment and consumerboosting initiatives, a state planner official said on […]
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Apples China Challenge Deepens as Foreign Phone Sales Slump

BEIJING, Jan 3 Reuters Shipments to China of foreignbranded smartphones, including Apple Inc39;s iPhone, fell by 47.4 in November from a year earlier, according to data released on Friday from a governmentaffiliated research firm. Calculations based on the data from the China Academy of Information and Communications Technology CAICT showed that foreign brand shipments decreased to […]
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Sterling Falls to NineMonth Low, Dollar Carries on Climbing

LONDON, Jan 2 Reuters Sterling dropped to a nearnine month low against the dollar on Thursday, hurt by the U.S. currency39;s relentless rise on expectations of dollarsupportive policies from incoming President Donald Trump The pound was last down 0.82 on the day at 1.2422, its lowest since April 2024, a decline which accelerated after it […]
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China Proposes Further Export Curbs on Battery, Critical Minerals Tech

BEIJING, Jan 2 Reuters China39;s commerce ministry has proposed export restrictions on some technology used to make battery components and process critical minerals lithium and gallium, a document issued on Thursday showed. If implemented, they would be the latest in a series of export restrictions and bans targeting critical minerals and the technology used to process them, areas in which Beijing […]
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Turkish Group Bids Below Minimum Fee for Islamabad Airport Operations

KARACHI, Jan 2 Reuters A Turkish consortium, the sole bidder to take over the operations of Pakistan39;s Islamabad airport, has offered a concession fee below the minimum threshold, the chairman of the bid evaluation committee said on Thursday. The cashstrapped South Asian country is looking to generate revenue by speeding up a privatisation push, including outsourcing the […]
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Nvidias Market Value Gets 2 Tn Boost in 2024 on AI Rally

Jan 2 Reuters Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AIcentric chips across various industries. The chipmaker39;s market value increased by over 2 trillion last year, reaching 3.28 trillion at the close of 2024, making it the secondmost […]
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