Analysts at JPMorgan and Citi raised their forecasts for China’s full-year growth in 2023 to 6.4% and 6.1%, respectively.
This France ETF is booming despite domestic turmoil. Thank the Chinese consumer
The iShares MSCI France ETF is nearing an all-time high, and one strategist says the fund may be the best way to bet on a rebounding China.
Chinese EV giant BYD says self-driving tech is more valuable for factories than cars
Fully autonomous driving is “basically impossible” and the tech would be better applied to manufacturing, said Chinese battery and electric car company BYD.
Yellen to lay out U.S. economic priorities on China in Thursday speech
Yellen will detail the Biden administration’s economic priorities on China including securing U.S. national security interests and cooperating on global issues.
Asia markets trade mixed as Fed officials seem divided on rate hikes ahead
Asia markets are mixed as Fed officials signal mixed gave different signals on future rate hikes
Amazon lays off some employees in its advertising unit
The layoffs are part of the previously announced job cuts that are expected to affect 9,000 employees.
Global rice shortage is set to be the biggest in 20 years
Rice production for the marketing year ending July 2023 is set to log its largest production shortfall in two decades, according to Fitch Solutions.
Beyond Kyoto: Japan recommends 11 lesser-known spots to visit
The 11 destinations vary from regions to cities to mountain ranges, but all have one thing in common: They aren’t yet on most tourists’ radars.
Lululemon has approached Hydrow about a possible sale of Mirror
Lululemon acquired at-home fitness company Mirror for $500 million in 2020 but is now looking to sell the business.
Biden, first lady earned nearly $580,000 in 2022, tax filing shows
The couple paid $137,658 in federal income tax, a tax rate of 23.8 percent.