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☆ Chinese stocks are starting to turn around. How to play it
▼ + stars: | 2024-01-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Chinese stocks ended the week with four straight days of gains — a rare upswing after a dismal start to the year. "Investing in China, you have to have an active strategy," he said, emphasizing the need to focus on industries that receive policy support. All three are listed on mainland Chinese stock exchanges. In the past six months, foreign investors have pulled around $30 billion from mainland Chinese A shares, the report said. Citi analysts also include adidas and Kone in their basket of European stocks with China exposure.

Persons: David Chao, Chao, Pan Gongsheng, Edward Chan, Schelling Xie, Xie, CRRC, —, Peter Alexander, Alexander, — CNBC's Michael Bloom Organizations: Asia Pacific, People's Bank of China, PBOC, . Federal Reserve, Financial Regulatory Administration, CNBC, HSBC, Hong, Citi, adidas, Kone Locations: Asia, Japan, Invesco, China, Beijing, Hong Kong, Shanghai, U.S

☆ China is ramping up stimulus to boost market confidence — but is it enough?
▼ + stars: | 2024-01-25 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Starting Feb. 5, the People's Bank of China will allow banks to hold smaller cash reserves, central bank governor Pan Gongsheng said at a press conference, his first in the role. Cutting the reserve requirement ratio (RRR) by 50 basis points is set to release 1 trillion yuan ($139.8 billion) in long-term capital, the central bank said. A 2 trillion yuan boost? Chinese Premier Li Qiang on Monday called for much stronger measures to boost market stability and confidence, according to an official readout. Chinese authorities in October already announced the issuance of 1 trillion yuan in government bonds, alongside a rare increase in the deficit.

Persons: Gongsheng, Pan Gongsheng, Tao Wang, Ting Lu, a, Lu, Wang, Stocks, Winnie Wu, That's, Li Qiang, Pan, Philip Yin, David Chao, Pan's Organizations: People's Bank of China, State Administration of Foreign Exchange, Financial, Getty, Visual China, People's Bank of, UBS Investment Bank, Wednesday, National Financial Regulatory Administration, UBS, Bank of America's, Bloomberg, PBOC, Citi, U.S, Asia Pacific, CNBC Locations: BEIJING, CHINA, Beijing, China, People's Bank of China, Asia, Hong Kong, capitulating, Japan, Invesco

☆ Our CEO survey shows China remains the 'second choice' investment destination, PwC says
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur CEO survey shows China remains the 'second choice' investment destination, PwC saysRaymund Chao, Asia and China chairman of the professional services firm, says "that hasn't changed — U.S. has been the No. 1 and China has been No. 2 for over the last decade."

Persons: Raymund Chao Locations: China, Asia

☆ Trump is turning to racism to mock Nikki Haley's Indian name. Experts say it could backfire.
▼ + stars: | 2024-01-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Donald Trump is reaching for racism against his political opponent — this time, against former South Carolina Gov. "I know President Trump well," Haley recently told CNN's Jake Tapper in response to Trump's insults. Among the nicknames Trump has reportedly brainstormed for DeSantis, one of the names he thought of for the Florida governor, according to a New York Times report, was "Meatball Ron." Name-calling can backfireSome political consultants have argued that Trump's name-calling is an effective campaign tactic. "Whatever effect we found was all focused on the actual attacker," Dusso told BI in an interview.

Persons: —, Donald Trump, Nikki Haley, Haley, Nimrata Nikki Randhawa, He's, Trump, CNN's Jake Tapper, Trump's, Steven Cheung, — Hussein, Kamala Harris's, Elaine Chao, Coco Chow, Chao, DeSantis, Ron, They're, Brad Bannon, Aaron Dusso, Dusso, Dusso's Organizations: Service, South Carolina Gov, Business, Republican Party, Trump, GOP, Florida, New York Times, Times, Democratic, Indiana University, Purdue University Indianapolis, Republican Locations: Iowa, South Carolina, New Hampshire, China, Florida, Italian American

☆ 17 Trump Cabinet-Level Appointees Criticizing Trump - The New York Times
▼ + stars: | 2024-01-18 | by ( Sarah Longwell | ) www.nytimes.com time to read: +13 min

Mr. Trump churned through cabinet-level appointees so fast that at times it seemed like he was still on “The Apprentice” and had to fire one official every week. Not only are they people whom Mr. Trump chose — he claimed he would hire the “best people” — they are people who thought Mr. Trump was worth working for. Judging only by the words of many former high-level appointees, a second Trump term would be catastrophic for the country. BlamedTrump forJan. 6 CriticizedTrump duringhis term CriticizedTrump afterhis term HighlightedTrump’s legalissues Ruled outvoting Trumpin 2024 Moron,” Mr. Tillerson reportedly said of Mr. Trump. He wrote an op-ed published just after the 2020 election claiming that Mr. Trump would “concede gracefully” if he lost.

Persons: them.They, Donald Trump, Trump’s, ’ Said, Donald Trump’s, Trump, didn’t, —, Mr, Richard Nixon, Mark Milley, Milley, ” Richard Spencer, Eddie Gallagher’s, ” H.R, McMaster, ” James Mattis, ” Mark, George Floyd, ” John Kelly White, autocrats, Loyalists Elaine Chao, George W, Bush, ” Alex Azar, Rex Tillerson, “, ” Mr, Tillerson, Dan Coats, ” Betsy DeVos, Mick Mulvaney, ’, William Barr, George H.W, George H.W . Bush, ” John Bolton, Ronald Reagan, …, Mike Pompeo, ” Mike Pence, Mike Pence ”, Pence, ” Organizations: Mr, Republican, Trump, Army, Joint Chiefs, Staff, Jan, Marines, Navy, White House, Defense, Marine, ISIL, ” John Kelly White House, Homeland, Marine Corps, The, Loyalists, Transportation, Labor, Capitol, Health, Human Services, State, ExxonMobil, National Intelligence, Mar, Education, Republican Party of Michigan, Management, ” John Bolton White House, U.S, United Nations, White Locations: Iowa, Iraq, Afghanistan, Syria, Jan, United States, America, Moron, Germany, Mar, South Carolina, George H.W ., Kansas, Indiana

☆ My family ate at Fogo de Chão for the first time for $230. The steak house's unlimited salad bar and excessive meat service weren't our thing.
▼ + stars: | 2024-01-17 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

My husband and I visited Fogo de Chão steak house with our teenage daughter for the first time. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMy family has never cared much for chain restaurants, but in the last year, my husband and I have visited more with our teenagers. But we'd yet to try a Brazilian churrasco meal like the one offered at Fogo de Chão. AdvertisementMy family recently visited the chain in Orlando, Florida, for dinner.

Persons: —, Chris, we've Organizations: Service Locations: Fogo, Brazilian, Chão, Orlando , Florida

☆ Taiwan Reports First Major Chinese Military Activity After Election
▼ + stars: | 2024-01-17 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +4 min

By Ben Blanchard and Michael MartinaTAIPEI (Reuters) -Taiwan's defence ministry said it detected 18 Chinese air force planes operating around Taiwan and carrying out "joint combat readiness patrols" with Chinese warships on Wednesday, the first large-scale military activity after the Taiwanese election. Taiwan's defence ministry said that starting around 7:50 p.m. (1150 GMT) on Wednesday it had detected 18 aircraft including Su-30 fighters operating off northern and central Taiwan and to the island's southwest. Eleven of those aircraft crossed the Taiwan Strait's median line, or areas close by, working with Chinese warships to carry out "joint combat readiness patrols", the ministry added. Taiwan sent its own forces to monitor, its defence ministry said. There was no immediate response from China's defence ministry.

Persons: Ben Blanchard, Michael Martina TAIPEI, Democratic Progressive Party's, Lai Ching, Biden, Lai, Vincent Chao, Xi Jinping, Chao, We're, David Brunnstrom, Michael Martina, Gareth Jones, Mark Potter, Jamie Freed Organizations: Taiwan, Democratic Progressive, China's Taiwan Affairs Office, U.S . State Department, U.S . Institute of Peace, U.S Locations: Taiwan, China, Taipei, Beijing, Taiwan Strait, U.S, United States, Washington

☆ Israel Pushes Ahead With War Against Hamas Despite Growing Pressure Over Hostages
▼ + stars: | 2024-01-14 | by ( Chao Deng | ) www.wsj.com time to read: +1 min

Iran-backed groups form a land bridge across the Middle East and connect in an alliance that Tehran calls the “Axis of Resistance.” Here’s what to know about the alliance that includes Hamas in Gaza, Hezbollah in Lebanon and the Houthis in Yemen. Photo Illustration: Eve HartleyTEL AVIV—Israeli Prime Minister Benjamin Netanyahu pledged to continue the war in Gaza despite mounting international pressure to wrap up the conflict, now stretching into its 100th day, and persistent demands at home for him to give priority to the return of hostages still held by Hamas. “Nobody will stop us—not The Hague, not the axis of evil and not anybody else,” he said from the Israeli military headquarters in Tel Aviv on Saturday night, referencing an alliance of Iran-backed armed groups in the region and a United Nations court case brought by South Africa accusing Israel of committing genocide against Palestinians.

Persons: ”, Hartley, Benjamin Netanyahu, “, Israel Organizations: United Locations: Iran, Tehran, Gaza, Hezbollah, Lebanon, Yemen, AVIV, Hague, Tel Aviv, United Nations, South Africa

The first call came at 1:30 a.m. on Oct. 8. The recorded voice instructed doctor Hussam Abuouda, his wife and five children to get out. Leave Beit Hanoun, the city at the Israeli border in northern Gaza, Abuouda recalls the unidentified man saying in Arabic.

Persons: Hussam Abuouda, Abuouda Locations: Gaza

☆ Israeli Families Push for Deal to Free Men Still Held Hostage in Gaza
▼ + stars: | 2023-12-02 | by ( Chao Deng | Isabel Coles | ) www.wsj.com time to read: 1 min

Yuval Haran was among the family members of those held hostage by Hamas speaking at a demonstration outside the Israeli prime minister’s office last month. Photo: Alexi J. Rosenfeld/Getty ImagesTEL AVIV—Renewed fighting between Israel and Hamas is sparking heightened concern among families of the roughly 140 Israelis still held captive—the majority of them men—after the end of a weeklong truce. The pause in fighting had led to the release of dozens of hostages, most of them women and children. Many families hoped Israel and Hamas could strike a similar deal to release men, but the militant group regards fighting-age men as soldiers and the hostages it still holds as valuable leverage.

Persons: Yuval Haran, Alexi J . Rosenfeld, — Organizations: Getty, TEL Locations: TEL AVIV, Israel

☆ Exclusive: China lures hundreds of Taiwan politicians with cheap trips before election
▼ + stars: | 2023-12-01 | by ( Yimou Lee | Thomson Reuters | Yimou Lee Is A Senior Correspondent For Reuters Covering Everything Taiwan | ) www.reuters.com time to read: +5 min

Across Taiwan security agencies are looking into more than 400 visits to China in the past month, most led by local opinion leaders such as borough chiefs and village heads, a Taiwan security official looking into China's activities told Reuters. He said it was "self-evident" Beijing was trying to sway Taiwan elections through means including free trips for politicians. More than 300 borough chiefs or village heads from populous central Taiwan alone have participated in such trips to China in the past few months, this person said. "Certain borough chiefs have become the window of contacts in Taiwan for some Chinese units." Chinese officials allegedly asked participants to support certain political parties and "oppose Taiwan independence", the prosecutors said in a statement.

Persons: Tsai Ing, Chiu Tai, Hsing Tai, chao, Yimou Lee, Ben Blanchard, William Mallard Organizations: Beijing, Reuters, China's Taiwan Affairs Office, Mainland Affairs Council, Chinese Communist Party, Thomson Locations: TAIPEI, Beijing, China, Taiwan, Taipei, Shanghai, New Taipei City, Kaohsiung

TEL AVIV—Their Hamas captors told 13-year-old Hila Rotem Shoshani and 9-year-old Emily Hand to keep their voices low when speaking. A day after the close friends’ release, safe in the arms of family and doctors, Hila was still whispering to Emily. Yair Rotem, Hila’s uncle, is now her primary guardian, as his sister Raaya remains a Hamas hostage. He said his niece doesn’t show emotion when talking about her time in captivity, held in the dark for 50 days with little food and no showers. He is reluctant to press her for details of what happened when Hamas’s bloody Oct. 7 attack on Israel interrupted a sleepover she was having with Emily at Hila’s house in Kibbutz Be’eri.

Persons: Hila Rotem Shoshani, Emily Hand, Hila, Emily, Yair Rotem, Hila’s Organizations: TEL AVIV — Locations: TEL AVIV, Israel, Hila’s, Kibbutz Be’eri

TEL AVIV—Neta Heiman Mina awoke Wednesday morning to news that Israel had reached a deal to release hostages held by Hamas, bringing some small measure of relief and hope that her 84-year-old mother might be among those freed. By the evening, she was tempering her expectations as media outlets started reporting that the deal might be delayed. A call from a military liaison officer, who is assigned to give her updates, confirmed her fear.

Persons: Heiman Mina, Israel Locations: TEL AVIV

☆ Israeli Military Encircles Another Gaza Hospital, Doctors Say
▼ + stars: | 2023-11-20 | by ( Omar Abdel-Baqui | Chao Deng | ) www.wsj.com time to read: 1 min

Patients and staff at a second hospital in Gaza, Indonesia Hospital, braced for Israeli troops to enter the complex Monday after tanks surrounded it and artillery shelling hit the building, killing about a dozen people including patients, according to Palestinian officials and doctors. The Israeli military said it targeted militants that opened fire at Israeli troops from within the hospital and that no shells were fired toward the facility. Hamas, a U.S.-designated terrorist organization, denies using hospitals for military purposes.

Organizations: Indonesia Hospital Locations: Gaza, Indonesia, U.S

☆ Explosion Rocks Gaza Hospital After Clashes Intensify Outside
▼ + stars: | 2023-11-20 | by ( Omar Abdel-Baqui | Chao Deng | ) www.wsj.com time to read: 1 min

An explosion Monday rocked the second floor of a hospital in Gaza, killing about a dozen people, including patients, according to hospital staff and Palestinian officials. Gunfire and explosions around the Indonesia Hospital, in the northern part of the enclave and where thousands are seeking shelter, have intensified in recent days, the hospital’s medical director Marwan Al-Sultan said in a telephone interview. He said several Israeli tanks had been moving back and forth about 100 feet from the hospital entrance.

Persons: Marwan Al, Sultan Organizations: Indonesia Hospital Locations: Gaza, Indonesia

☆ Israel Says It Is Close to Dismantling Hamas Military System in Northern Gaza
▼ + stars: | 2023-11-17 | by ( Chao Deng | ) www.wsj.com time to read: 1 min

Israel’s military said it was close to dismantling Hamas’s military system in the north of the Gaza Strip, as the enclave was plunged into a communications blackout when fuel ran out. As the war stretches to six weeks, the Israeli military said Friday “there remains work to be completed” in northern Gaza, but that it would target more areas in the strip. In the south of the enclave, where Israel had told people to go in October as it prepared to mount a ground offensive in the north, displaced families crowded in homes and shelters worried that the Israeli military would expand operations there.

Persons: Israel Locations: Gaza

Lai, vice president and the ruling Democratic Progressive Party's (DPP) presidential candidate, has almost consistently led opinion polls ahead of an election taking place amid increased Chinese pressure on Taiwan to accept Beijing's sovereignty claims. Vincent Chao, spokesperson for the Lai campaign, declined to comment on Hsiao's role but said an announcement on a running mate would be made on Monday. Randall Schriver, the former U.S. assistant secretary of defense for Indo-Pacific Security Affairs, described Hsiao as a "good partner in promoting U.S.-Taiwan relations." The DPP-led government says only Taiwan's people can decide their future, and has repeatedly offered talks with Beijing but been rebuffed. Like Lai, Hsiao is detested by China, which has on two occasions placed sanctions on her, most recently in April, saying she is an "independence diehard".

Persons: Lai Ching, Lai, Democratic Progressive Party's, Hsiao, Vincent Chao, Ivan Kanapathy, Randall Schriver, Chen Shui, Ben Blanchard, Yimou Lee, Michael Martina, Gerry Doyle Organizations: Democratic Progressive, APEC, Asia, U.S . National Security Council, Reuters, Georgetown University, Patriot, Pacific Security Affairs, U.S, DPP, Taiwan Affairs Office, Thomson Locations: TAIPEI, United States, Washington, Taiwan, San Francisco, U.S, Taipei, Ukraine, China, Beijing, Japan

The Israeli military Wednesday said its troops came under fire outside Al-Shifa Hospital, Gaza’s largest, as they entered part of the medical complex Israel says Hamas militants are operating from. A senior Israeli military official said Israeli soldiers killed four militants during the firefight on their way into the hospital and had found weapons inside, adding that they saw “concrete evidence” that Hamas militants were operating there.

Organizations: Shifa Locations: Al, Gaza’s, Israel

☆ Israel Says It Found Evidence of Hamas Activity at Gaza Hospital
▼ + stars: | 2023-11-15 | by ( Dov Lieber | Chao Deng | ) www.wsj.com time to read: 1 min

Israel released footage from Gaza’s largest hospital on Wednesday that it said proved the site was being used by Hamas militants, after searching buildings in an operation that carries high stakes for both sides of the war. The footage showed the MRI wing of the sprawling Al-Shifa Hospital in Gaza City, where Israel said it found AK-47s, grenades, military uniforms and a battle vest with the insignia of Hamas’s military wing. In a video, an Israeli military spokesman pointed to a laptop, a hand-held tactical radio and a set of discs as evidence of a Hamas command center in the hospital, although the laptop screen was blurred and he didn’t specify what was found on it.

Organizations: Hamas, Shifa, AK Locations: Israel, Gaza City

Israeli soldiers moved into Gaza’s largest hospital, Al-Shifa, on Wednesday, searching buildings and questioning Palestinians sheltering there in an operation that carries high stakes for both sides of the war. The Israeli offensive has faced international criticism for the killing of civilians and destruction of infrastructure in the Gaza Strip. Israel contends the hospital compound sits atop underground complexes and a command center used by militants, a claim endorsed by the U.S. Hamas denies those claims.

Organizations: U.S Locations: Gaza’s, Al, Gaza, Israel

☆ Israeli Forces Reach Gate of Gaza’s Largest Hospital
▼ + stars: | 2023-11-13 | by ( Dov Lieber | Chao Deng | ) www.wsj.com time to read: 1 min

TEL AVIV—Israeli troops reached at least one of the gates of Gaza’s largest hospital where Israel says Hamas conceals a major center of operations, while medical staff reported deteriorating conditions inside because of a lack of supplies and electricity. The Health Ministry in Hamas-run Gaza said Israeli military vehicles were at the southeast gate of Al-Shifa Hospital, and an Israeli military spokesman confirmed that troops had reached one of the gates. Israel alleges that Hamas runs four underground complexes and a command-and-control center at the hospital, a claim Hamas denies.

Organizations: Health Ministry, Hamas, Shifa Locations: TEL AVIV, Gaza’s, Israel, Gaza, Al

Israeli troops and Hamas militants fought intense street battles Sunday around the Gaza Strip’s biggest hospital, leaving the medical facility with dwindling supplies for thousands sheltering there while a power outage led to the death of two newborns, according to doctors there. Doctors described an increasingly desperate situation at hospitals in northern Gaza, including the biggest one, Al-Shifa Hospital, where they said dozens of dead bodies have been left in the open and decomposing and nearly 40 prematurely born babies are without the incubators they need.

Organizations: Shifa Locations: Gaza

☆ Copper Market Slump Threatens Shift to Wind Power, Electric Cars
▼ + stars: | 2023-11-11 | by ( Bob Henderson | ) www.wsj.com time to read: 1 min

China ranks as the world’s largest consumer of copper. Photo: Yin Chao/VCG/Getty ImagesA prolonged slide in copper prices is challenging the world’s shift to renewable energy sources. Mining firms will need to dig up gigantic amounts of new copper over the next several years to supply the transition to renewables. But demand is slumping right now from manufacturers and builders who use the metal in everything from electrical wire to roofing.

Persons: Yin Chao Locations: China

Israeli forces said they were engaged in fierce fighting early Saturday around Gaza City’s Al-Shifa Hospital, where Israel says Hamas has positioned fighters near thousands of displaced people and hundreds of patients amid worsening conditions at the facility. Hospital officials said doctors were using scant remaining medical supplies to treat wounded people as the battle in the area intensified, the hospital largely operated without electricity and water ran desperately low. There were no indications that Israeli troops had entered the hospital complex as of Saturday morning or whether Hamas fighters were inside it.

Organizations: Shifa, Hamas Locations: Gaza, Al, Israel

Israeli forces said they were engaged in fierce fighting Saturday around Gaza City’s Al-Shifa Hospital, where Israel says Hamas has positioned fighters near thousands of displaced people and hundreds of patients amid worsening conditions at the facility. Hospital officials said that doctors at Al-Shifa were using scant remaining medical supplies to treat wounded people, that the hospital was largely operating without electricity and water was running desperately low.

Organizations: Shifa, Hamas, Al Locations: Gaza, Al, Israel

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