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Search resuls for: "Weilun Soon"


25 mentions found


☆ ‘New Orleans-Style’ Wings Are a Global Sensation. Just Not in New Orleans.
  + stars: | 2024-01-15 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
Alan Li, a 30-year-old Beijing resident, has been hooked on New Orleans-style chicken wings for more than a decade. He first tasted them in his hometown as a high-school student, and was taken by the mildly sweet and savory marinated meat. He would treat himself to them weekly at a local KFC outlet, and he imagined New Orleans to be a place where the delectable roasted wings could be found on every corner.
Persons: Alan Li Organizations: KFC Locations: Beijing, New Orleans
☆ How China Manages Its Currency—and Why That Matters
  + stars: | 2023-12-29 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
China’s approach to its currency is a mix of bold ambition and fear of dollar strength. The yuan has lost 3% of its value against the greenback in 2023 and was doing even worse before the dollar slipped against most global currencies in November. The yuan traded around 16-year lows against the dollar in September. A dollar now buys around 7.11 yuan.
☆ Moody’s Cuts China Credit Outlook to Negative on Growing Debt Risks
  + stars: | 2023-12-05 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
The skyline of Shanghai’s financial and commercial hub. Photo: Wang Xiang/Associated PressChina’s mounting local government debt woes are putting pressure on the country’s credit ratings. Moody’s Investors Service lowered its outlook for China’s credit rating from stable to negative on Tuesday, warning that the financial stresses of some regional and local governments will require Beijing to provide support to them. That could weigh on China’s government finances at a time when its economy is slowing.
Persons: Wang Xiang Organizations: Associated Press, Moody’s, Service Locations: Beijing
☆ China Scrambles to Contain a Looming Shadow-Bank Meltdown
  + stars: | 2023-11-27 | by ( Rebecca Feng | Weilun Soon | ) www.wsj.com   time to read: 1 min
Zhongzhi last week said it was insolvent. Photo: Cfoto/Zuma PressChinese authorities are taking more forceful action to contain the growing financial troubles of one of the country’s biggest shadow lenders. Police in Beijing said over the weekend that they had taken “criminal coercive measures”—a euphemism for arrests—against multiple employees of Zhongzhi Enterprise. The privately held conglomerate operates several businesses that sold investment products to many wealthy individuals and companies in China, and has struggled for months to make promised payments to investors.
Persons: Zhongzhi Organizations: Zuma Press, Police, Zhongzhi Enterprise Locations: Beijing, China
☆ Avoiding China Has Been a Winning Investment Strategy. But It Isn’t Easy.
  + stars: | 2023-11-17 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
In China, stocks have faced a range of headwinds, prompting some investors to avoid them. Photo: alex plavevski/ShutterstockInvestors in emerging-market stocks have profited this year by staying away from China. The MSCI China Index is down 8% this year through Nov. 15, while a broader emerging-markets benchmark that excludes China has risen 8% over the same period. Chinese stocks have been weighed down by the country’s shaky economic reopening, a pullback by foreign portfolio managers and an increasing reluctance among the country’s small investors to buy stocks.
Persons: alex plavevski Locations: China
☆ Foreign Firms Pull Billions in Earnings Out of China
  + stars: | 2023-11-06 | by ( Jason Douglas | Weilun Soon | ) www.wsj.com   time to read: 1 min
Beijing’s chilly relations with the West have pushed global companies to rethink their exposure to China. Photo: wang zhao/Agence France-Presse/Getty ImagesSINGAPORE—For years, foreign companies plowed the profits they made in China back into China, using the cash to finance new hiring and investment as its giant economy expanded rapidly. Now, as growth slows and tensions between Beijing and Washington rise, they are pulling those profits out.
Persons: wang zhao Organizations: Agence France, Getty Locations: China, SINGAPORE, Beijing, Washington
☆ The Hot New Party Where the Birthday Boy Pees on Your Leg
  + stars: | 2023-10-29 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/dog-birthday-adoption-parties-cakes-51b8aad0
Persons: Dow Jones
☆ Anna Hirtenstein — Reporter at The Wall Street Journal
  + stars: | 2023-09-28 | by ( Anna Hirtenstein | Joe Wallace | Costas Paris | ) www.wsj.com   time to read: 1 min
Anna HirtensteinAnna Hirtenstein is a reporter at The Wall Street Journal, covering global financial markets, macroeconomics and geopolitics from the London bureau. She joined the Journal in 2019. Previously, she was a reporter at Bloomberg in London and a clean-energy investment banker at Greentech Capital Advisors in Zurich. In the early days of her career, she worked as a correspondent with a focus on oil in Northern Iraq and West Africa.
Persons: Anna Hirtenstein Anna Hirtenstein Organizations: Wall Street, Bloomberg, Greentech Capital Locations: London, Zurich, Northern Iraq, West Africa
☆ Crypto Firms Are Looking Outside the U.S. for Growth
  + stars: | 2023-09-21 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/currencies/crypto-firms-are-looking-outside-the-u-s-for-growth-b289a9c1
Persons: Dow Jones
☆ Why Singapore Banks Are Worried About Foreign Customers
  + stars: | 2023-09-01 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/regulation/why-singapore-banks-are-worried-about-foreign-customers-95a190f8
Persons: Dow Jones Locations: singapore
☆ Chinese Stocks Are in a Slump—and Value Investors Are Excited
  + stars: | 2023-08-29 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/chinese-stocks-are-in-a-slumpvalue-investors-are-excited-b53d9e4e
Persons: Dow Jones
☆ Rates in China Cut Again, but by Less Than Expected
  + stars: | 2023-08-21 | by ( Stella Yifan Xie | Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/china/rates-in-china-cut-again-but-by-less-than-expected-c10fdc28
Persons: Dow Jones
☆ Investors Fear China’s ‘Lehman Moment’ Is Looming
  + stars: | 2023-08-18 | by ( Rebecca Feng | Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/investing/investors-fear-chinas-lehman-moment-is-looming-4364855d
Persons: Dow Jones, lehman, 4364855d
☆ Investors Fear a Financial Contagion in China
  + stars: | 2023-08-18 | by ( Rebecca Feng | Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/investing/investors-fear-chinas-lehman-moment-is-looming-4364855d
Persons: Dow Jones, lehman, 4364855d
☆ China’s Economic Woes Are Pushing Its Currency Toward a Record Low
  + stars: | 2023-08-17 | by ( Frances Yoon | Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/global/beijing-is-caught-in-a-catch-22-as-economy-currency-stumble-9a43bcef
Persons: Dow Jones Locations: beijing
☆ Weilun Soon — Asia Markets Reporter at The Wall Street Journal
  + stars: | 2023-08-17 | by ( Weilun Soon | Frances Yoon | Rebecca Feng | ) www.wsj.com   time to read: 1 min
Weilun SoonWeilun Soon is a Singapore-based reporter for The Wall Street Journal, covering Asia’s financial markets with a focus on cryptocurrencies, commodities and fiat currencies. He most recently led Business Insider’s coverage of Asia’s technology sector. Before that, he was a reporter covering economics, business, technology, politics and defense for Singapore-based news outlets. Weilun also spent four years in the financial sector, managing investment content strategies for some of Wall Street’s largest firms, based in Hong Kong and Singapore. Weilun is a graduate of Columbia University's Journalism School and Peking University in Beijing, China.
Persons: Weilun Organizations: Wall Street, Business, Columbia University's Journalism School, Peking University Locations: Singapore, Wall, Hong Kong, Weilun, Beijing, China
☆ Beijing Is Caught in a Catch-22 as Economy, Currency Stumble
  + stars: | 2023-08-16 | by ( Frances Yoon | Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/beijing-is-caught-in-a-catch-22-as-economy-currency-stumble-9a43bcef
Persons: Dow Jones Locations: beijing
☆ China’s Deepening Housing Problems Spook Investors
  + stars: | 2023-08-14 | by ( Weilun Soon | Rebecca Feng | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chinas-deepening-housing-problems-spook-investors-72022c81
Persons: Dow Jones, 72022c81
☆ U.S. Office Woes and China’s Slowdown Rattle Singapore’s REIT Market
  + stars: | 2023-08-14 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/u-s-office-woes-and-chinas-slowdown-rattle-singapores-reit-market-e1367051
Persons: Dow Jones
☆ Small Investors Are a Big Problem in China
  + stars: | 2023-07-31 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/small-investors-are-a-big-problem-in-china-374f8345
Persons: Dow Jones
☆ China’s Weakening Currency Is Becoming a Headache for Its Central Bank
  + stars: | 2023-07-05 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chinas-weakening-currency-is-becoming-a-headache-for-its-central-bank-372ec31d
Persons: Dow Jones
☆ Global Stocks Slip as China Stimulus Hopes Fade
  + stars: | 2023-06-19 | by ( Anna Hirtenstein | Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/global-stocks-markets-dow-news-06-19-2023-4030223a
Persons: Dow Jones Organizations: dow
☆ Yuan Under Pressure as U.S., China Rates Set to Diverge Further
  + stars: | 2023-06-13 | by ( Weilun Soon | Matthew Thomas | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/yuan-under-pressure-as-u-s-china-rates-set-to-diverge-further-aa655bcd
Persons: Dow Jones
☆ How Bad Is China’s Economy? Its Stocks Are Now in a Bear Market
  + stars: | 2023-05-31 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/heres-why-stock-market-investors-turned-bearish-on-china-e1cc345e
Persons: Dow Jones
☆ Singapore’s Temasek Cuts Senior Managers’ Pay After FTX Losses
  + stars: | 2023-05-29 | by ( Weilun Soon | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/singapores-temasek-cuts-senior-managers-pay-after-ftx-losses-98469249
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