China Market Rout Continues, With Small Caps Feeling The Pain Despite Beijing’s Intervention
China pledges more support for the markets and bans exchanges from lending shares for short selling.
Exxon Mobil Sues Shareholders Over Climate Proposal: ‘Driven By An Extreme Agenda’
Exxon filed a lawsuit in a Texas court on Sunday to prevent a climate proposal, backed by activist investors, from being put to vote at its May shareholder meeting.
ExxonMobil Reportedly Bids Iraq Farewell, PetroChina Takes the Lead in Mega Oilfield
Exxon Mobil Corp (NYSE: XOM) has reportedly exited the West Qurna 1 oilfield in southern Iraq and transferred its operations to PetroChina Co., Ltd.(OTC: PCCYF) as lead contractor.
China’s Trade Hinges On Better Policy Relations Around The World – Starting With Israel, Some Say
In a white paper it published this week, China was quick to advertise how it is ramping up its global infrastructure investments.
China’s Number One Shipbuilder Hit Hard By Global Macro In H1 But Its EV Spin-off Is Making Record Sales
China International Marine Containers (Group) Co., Ltd. released worse-than-expected unaudited interim 2023 earnings Thursday.
Mid-Week In China: A Tough Export Climate & More Property Woes Sink Hong Kong Stocks
Fears of an increasingly tough climate for Chinese exporters and more malaise in the property market sent Hong Kong shares trading lower Wednesday. After trying to rise higher in the morning, the Hang Seng Index finished Wednesday 0.8% down at 17,195.84.
China & Hong Kong Dividend Yields, Stock Repurchases Soar To Historic Highs As Markets Remain Depressed
Hong Kong-listed and Chinese companies are dipping into their retained earnings and splurging on stock buybacks and bumper dividend payouts as their domestic markets remain in a slump, according to new data.