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global markets

China’s stock investors cannot gauge sentiment as regulator cuts access to key data

by Anas Siddiqui
China’s stock investors cannot gauge sentiment as regulator cuts access to key data

China’s stock exchanges have stopped real-time data feed on foreign inflows into onshore equities from Monday, stripping domestic traders of a gauge of market sentiment, as regulators seek to downplay …

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Tesla may end up the only victim as Canada mulls punitive tariffs on Chinese-made EVs

by Anas Siddiqui
Tesla may end up the only victim as Canada mulls punitive tariffs on Chinese-made EVs

Canada accused China of “anticompetitive practices” as it announced it is set to launch a public consultation exploring potential tariffs on Chinese electric vehicles (EVs), similar to that carried out …

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Upcoming US-China climate talks will test if cooperation can coexist with new tariffs

by Walter Watson
Upcoming US-China climate talks will test if cooperation can coexist with new tariffs

Confirmed attendees include senior Hong Kong officials like Paul Chan Mo-po, the financial secretary, and Wong Chuen-fai, the city’s climate change commissioner. Senior officials and experts from Guangdong province as …

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AstraZeneca withdraws its vaccine to protect against COVID-19 worldwide

by Akin Smith
AstraZeneca withdraws its vaccine to protect against COVID-19 worldwide

AstraZeneca says it is withdrawing Vaxzevria, its vaccine to protect against COVID-19, from global markets. The vaccine was used early on in the pandemic in many countries, including Canada. In an …

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China’s overcapacity dilemma solvable with ‘painful’ industrial revamp, scholars say

by Anas Siddiqui
China’s overcapacity dilemma solvable with ‘painful’ industrial revamp, scholars say

China should accept the “painful restructuring” of some industries to ease overcapacity concerns, as inaction may hamper the country’s economic recovery and motivate the US and Europe to ramp up …

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Could Red Sea attacks reignite supply chain chaos?

by Anas Siddiqui
Could Red Sea attacks reignite supply chain chaos?

Shipping traffic through the Red Sea has “plummeted” as Houthi militants step up their attacks on vessels in the region. American-led airstrikes have done little to deter the disruption and now the …

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Dollar stays on the back foot as traders look to Fed for cut clues

by Anas Siddiqui
Dollar stays on the back foot as traders look to Fed for cut clues

Reuters: The dollar remained on the back foot versus major rivals on Wednesday, as traders braced for the conclusion of a Federal Reserve policy meeting and clues on when the …

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South African rand was weaker ahead of data-filled week

by Anas Siddiqui
South African rand was weaker ahead of data-filled week

Reuters: The South African rand was weaker in early trade on Monday ahead of a week jam-packed with both local and global economic data releases. South African rand was weaker …

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South African rand gained; Nikkei slides as rate hikes loom

by Anas Siddiqui
South African rand gained; Nikkei slides as rate hikes loom

Reuters: The South African rand gained on Thursday on increasing bets that the U.S. Federal Reserve might implement interest rate cuts early next year. South African rand gained At 1506 …

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South African rand was weaker ahead of busy U.S. data week

by Anas Siddiqui
South African rand was weaker ahead of busy U.S. data week

Reuters: The South African rand was weaker in early trade on Monday against a stronger dollar ahead of a data-filled week both locally and abroad. South African rand was weaker …

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