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Xi, Blinken agree to stabilize US-China relations in Beijing talks

Xi, Blinken agree to stabilize US-China relations in Beijing talks

Jun 19, 2023 | Asia, Economy, Politics, Technology, Top News, US

By Humeyra Pamuk BEIJING (Reuters) -China and the United States agreed on Monday to stabilize their intense rivalry so it does not veer into conflict, but failed to produce any major breakthrough during a rare visit to Beijing by U.S. Secretary of State Antony...
Ukraine targets initial $40 billion for ‘Green Marshall Plan’

Ukraine targets initial $40 billion for ‘Green Marshall Plan’

Jun 19, 2023 | Economy, Environment, Europe, Politics, Top News, UK

By Simon Jessop and Olena Harmash LONDON (Reuters) -Ukraine is seeking up to $40 billion to fund the first part of a “Green Marshall Plan” to rebuild its economy, including developing a coal-free steel industry, a senior Ukrainian official said ahead of an...
Stocks rally stalls, eyes on Powell testimony for US rate clues

Stocks rally stalls, eyes on Powell testimony for US rate clues

Jun 19, 2023 | Asia, Australia, Business, Economy, Europe, Top News, US

By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors awaited testimony from U.S. Federal Reserve Chair Jerome Powell in markets that remain dominated by monetary policy bets. The MSCI’s...
JD.com sales during China shopping festival beat expectations -analysts

JD.com sales during China shopping festival beat expectations -analysts

Jun 19, 2023 | Asia, Business, Economy

By Casey Hall and Sophie Yu SHANGHAI (Reuters) -Sales on JD.com’s e-commerce site during China’s mid-year shopping festival – the first major shopping event since the country’s reopening – grew more than expected, according to...

New China-focused hedge fund bucks trend to raise more than $100 million

Jun 18, 2023 | Asia, Economy

By Summer Zhen and Xie Yu HONG KONG (Reuters) – A new China-focused hedge fund, led by a former Hillhouse Capital Management fund manager, has raised between $100 million and $150 million, marking one of the strongest launches for a China-focused fund this year....
Blinken, Qin hold ‘candid’ talks, US and China agree to meet again

Blinken, Qin hold ‘candid’ talks, US and China agree to meet again

Jun 18, 2023 | Asia, Economy, Politics, Technology, Top News, US

By Humeyra Pamuk BEIJING (Reuters) -The U.S. secretary of state and Chinese foreign minister on Sunday held what both called candid and constructive talks on their differences from Taiwan to trade but seemed to agree on little beyond keeping the conversation going...
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