China"s HNA Profits from Early Exit on Hilton Investment
The Chinese conglomerate stands to collect roughly $2 billion in profits from its $6.5 billion Hilton investment, which it made a little over a year ago. That would translate into a more than 60% return for HNA......»»
Pompeo says TSMC"s $12 billion investment to increase U.S. economic independence from China
Chipmaker Taiwan Semiconductor Manufacturing Co's $12 billion investment in the United States will increase U.S. economic independence from China, Secretary of State Mike Pompeo said in a statement early on Friday......»»
$30M project, including Homewood Suites, planned for Oak Creek site near Ikea
A 121-room Homewood Suites by Hilton hotel could break ground south of Oak Creek’s Ikea in early spring, kicking off a planned $30 million investment that includes a conference center. Stand Rock Hospitality, based in Wisconsin Dells, gained appr.....»»
Gap"s Old Navy brand to exit China in early 2020
Gap Inc said on Thursday it would not sell its Old Navy apparels in China from early 2020 and instead would focus on its North America market to boost sales......»»
Asian shares edge higher, pound stumbles on Brexit drama
Asian stocks edged higher on Monday as Chinese shares reversed early losses due to hopes for progress in resolving the U.S.-China trade war and expectations for greater investment inflows into Hong Kong......»»
Trade war dents Chinese company profits, portfolio inflows
Some Chinese business sectors reported solid first half earnings, though a substantial fall in industrial profits and in tepid overseas investment inflows into China's stock markets show fallout from the protracted trade war with the United States......»»
GM"s exit from China would mean billions in profits gone
General Motors would be hurt if President Trump forced it to exit China, but it would survive......»»
GM"s exit from China would mean billions in profits gone
General Motors would be hurt if President Trump forced it to exit China, but it would survive......»»
GM exit from China would mean billions in profits gone
General Motors would be hurt if President Trump forced it to exit China, but it would survive......»»
GM exit from China would mean billions in profits gone
General Motors would be hurt if President Trump forced it to exit China, but it would survive......»»
GM"s exiting China would mean billions in profits gone
General Motors would be hurt if President Trump forced it to exit China, but it would survive......»»
GM"s exiting China would mean billions in profits gone
General Motors would be hurt if President Trump forced it to exit China, but it would survive......»»
China"s Monetary Shell Game
Authored by Jeffrey Snider via Alhambra Investment Partners, Throughout much of last year, we were told repeatedly that the PBOC was tightening monetary policy. China’s central bank had raised its reverse repo rate twice early on, and.....»»
Beauty retailer Nykaa raises Rs 1.65 bn in series D funding
Beauty retailer Nykaa has closed its series D investment round of Rs 1.65 billion. This includes both primary investment and secondary exit of some early stage investors. The funding will help to fund growth capital as well as expan.....»»
Exclusive: China Huarong trying to recall some loans as cash crunch bites - sources
China's biggest manager of bad debts is trying to exit early from at least three loans and investments as it wrestles with a liquidity crunch triggered by an anti-corruption probe into its chairman, people with knowledge of the matter said......»»
Many U.S. firms in China eyeing relocation as trade war bites: survey
More than 70 percent of U.S. firms operating in southern China are considering delaying further investment there and moving some or all of their manufacturing to other countries as the trade war bites into profits, a business survey showed on Monday......»»
Why HSBC Holdings Shares Are Falling Today
HSBC Holdings shares dip as the company announces job cuts in its Asia investment bank amid declining dealmaking and slow market conditions in Hong Kong and China. read more.....»»
Apple CEO Tim Cook"s Vietnam Visit Signals Increased Commitment To Local Partners, Promise Of Increased Investment In China Rival: Report
Apple CEO Tim Cook is reportedly planning to enhance the company's commitments in Vietnam. read more.....»»
Lollapalooza is a ‘game changer’ but Chicago hotel industry wants $75M in aid; two big downtown hotels plan to reopen in June
Two of the largest Chicago hotels that closed early in the COVID-19 pandemic, the Palmer House Hilton and the Sheraton Grand Chicago, are preparing to reopen in June, a sign of hope for the battered dow.....»»
Cryptos: Why China’s digital yuan is ‘largest threat to the West’ in past 30 or 40 years, according to Kyle Bass
Kyle Bass, chief investment officer of Hayman Capital Management, says that the biggest threat to the West is the advent of the digital yuan, which he has described as a Trojan Horse that could undermine Western developed countries......»»
China plans to attempt an ambitious Mars landing as early as Friday, dropping both a lander and a rover to the red planet
China's Tianwen-1 mission could be the first to deploy an orbiter, lander, and rover all at once. But only half of Mars landings have succeeded. The first image of .....»»