Macro

Dow Falls Below 50-Day Average, Tests 52,800 Support as RSI Signals Oversold

The Dow Jones fell below its 50-day moving average and tested 52,800 support, with an oversold RSI and the 200-day average near 53,173 in focus.

Trump Nominates Combat Veteran Hung Cao as Permanent Navy Secretary

President Trump said Tuesday he will nominate acting Navy Secretary Hung Cao for the permanent role as lawmakers question crew conditions during the Iran w

Dow Falls Below 50-Day Average, Tests 52,800 Support as RSI Signals Oversold

The Dow Jones fell below its 50-day moving average and tested 52,800 support, with an oversold RSI and the 200-day average near 53,173 in focus.

Palo Alto Networks Beats Estimates as AI Fuels Security Demand

Palo Alto Networks topped fiscal fourth-quarter estimates on September 1 as AI-driven security demand lifted results and its stock nearly doubled this year

Stan Kroenke Buys MLB’s Los Angeles Angels, Ending Moreno’s 23-Year Run

Kroenke Sports and Entertainment announced Tuesday it will buy MLB's Los Angeles Angels from Arte Moreno, with the deal expected to close in early 2027.

China and Central Asia Strengthen Industrial and Investment Cooperation

China and the five Central Asian countries -- Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan -- share a broad space for industrial and investment cooperation,...

China announces plan to improve product quality and enhance competitiveness by 2025

China is stepping up efforts to improve the quality of its products and services, and enhance the influence of its brands, by 2025. According...

EU lifts COVID-19 travel restrictions on Chinese travelers

European Union (EU) countries are gradually removing travel restrictions on travellers from China. This move comes as health experts from the 27 EU members...

Chinese Finance Minister assures increase in fiscal spending despite tepid revenue growth

On Thursday, Finance Minister Liu Kun announced that while China's fiscal revenue is expected to increase this year, it is likely to be tepid....

China Offers Zero Tariff Treatment to Ethiopia, Burundi, and Niger in Major Trade Boost

China is set to offer a game-changing trade boost to Ethiopia, Burundi, and Niger. Come March 1, a whopping 98 percent of tariff lines...

China Takes Steps to Stabilize Pork Market with Purchase of 20,000 Tonnes of Frozen Pork

China, the world's largest pork producer, is taking steps to stabilize the country's pork market. On Friday, the National Development and Reform Commission, China's...

Chinese solar components continue to dominate global market

China has long been recognized as the world's leading manufacturer of solar products and continues to dominate the global solar supply chain, with at...

China and Iran’s Trade Relationship Continues to Thrive, with $15.8 Billion in Total Trade for 2022

China and Iran have been long-standing trade partners for over a decade, and that trend has continued into 2022. According to the Ministry of...

Chinese Ministry of Commerce Reiterates Significance of Economic and Trade Cooperation with the United States

On Thursday, the Chinese Ministry of Commerce reiterated the significance of economic and trade cooperation between China and the United States. The Ministry stated...

Rural Tourism on the Rise in Hainan, China, Boosting Local Economies and Job Growth

In China's southeastern Hainan province, rural tourism is on the rise. The region is known for its tropical fruits, stunning scenery, and refreshing sea...

China’s Machinery Industry Set for Steady Growth in 2023, Says Industry Federation

The machinery industry in China is expected to continue its steady growth trajectory, following a faster pace of recovery, according to the China Machinery...

China Nears Completion of First Domestically-Built Large Cruise Ship

China's first domestically-built large cruise ship is nearing completion, with over 91 percent of construction finished, according to the administration bureau of the bonded...

China Takes a Step Towards Tightening Oversight and Regulation of Financial Sector

China has issued a guideline for improving the oversight of finance and accounting activities in the country. The directive was jointly released by the...

China’s central bank strengthens financial support for key areas and weak links

The People's Bank of China (PBOC) has announced that it will take precise measures to strengthen financial support for key areas and weak links...

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