Chinese Economy

Chevron agreed to take over Anadarko in a $49bn deal. The acquisition expands Chevrons shale-oil assets in Americas Permian basin, where Anadarko is a leading independent operator. It also gains a huge liquefied-natural-gas project in Mozambique. Big oil comp…

Young women try out the testers at a L'Oreal SA cosmetics counter at a shopping mall in Beijing. Photographer: Raul Vasquez/Bloomberg L’Oreal SA’s sales in Asia overtook Western Europe for the first time last quarter as the region’s surging demand for luxur…

Photographer: Qilai Shen/Bloomberg The Chinese economy likely stabilized in the first quarter of this year, but a closer look under the hood will be needed to tell whether that’s just a temporary improvement or if the economy has hit bottom and is rebounding…

Consumers are still confident in the U.S. economy, but not as confident as they were a year ago. The numbers: A measure of what Americans think about the economy fell slightly in April but remained at healthy levels, a sign of guarded optimism after a slowd…

Michelle Lam, Greater China Economist, Societe Generale, joined Doug Krizner and Paul Allen on Daybreak Asia. She is seeing some positive signs on the Chinese economy in data so far this month, but goes on to say there may be some downward pressure over the s…

The world’s fourth-largest clothing retailer Fast Retailing, owners of Uniqlo, has announced it will be lower its full-year profit predictions by 10 billion yen. The cut of $89,820,000 USD follows a winter period seeing heavy reductions and losses from its w…

Slowdown fear has engulfed the Chinese market of late, but several Chinese sectors and stocks are flying high this year. Signs of a resolution to the year-long U.S.-China trade spat is acting as the main tailwind (read: What Led China ETFs Outperform in Q1 &a…

With German 10-year bunds closing last week with a yield of zero it has been as low as minus 0.08% in the past two weeks talk of a yield-curve inversion and a global recession is rampant as some short-term interest rates in the U.S. did drift for a short time…

WASHINGTON (Reuters) - The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2019 and said growth could slow further due to trade tensions and a potentially disorderly British exit from the European Union. The global lender…

On the morning of May 30, 1925 Shanghai Municipal Police arrested 15 ringleaders of Chinese student protests against foreign-run industries and their treatment of the native workforce. Sun Yat-sen had died in March, leaving the public grieving. Chiang Kai-shek and the Kuomintang had taken advantage of this outpouring of sentiment…