Earnings from Chinese e-commerce giants JD.com and Alibaba have also indicated that consumers remain conservative about spending.
Malaysia is determined to work with both the U.S. and China, Malaysia’s trade minister told CNBC amid ongoing tensions between the two economic giants.
More people in China want to buy houses again, according to a first quarter survey released Monday by the People’s Bank of China.
President Joe Biden has promised to veto Republican-led legislation blocking the “waters of the United States” rule.
Alibaba founder Jack Ma has been spotted in China in a potential sign that Beijing is warming to technology giants again after a crackdown on the sector.
Crypto firm Tether estimates it will make $700 million in profit in the March quarter, taking its total excess reserves to over $1.6 billion, its CTO said.
One bank implosion and a cooperative jobs report later, and the market has changed its mind.
China has yet to see a strong rebound in consumer spending, according to major companies.
The SEC received a record 15,000 or so comments on the rule, “more than we’ve gotten on any other role in the history of our commission,” he said.
Investors will get a slight reprieve next week as Wall Street gets ready to close the books Tuesday on a pretty dismal month.
“Modi and business tycoon Adani are close allies; their fate is intertwined,” said billionaire investor George Soros