News
Important Only
Other
China commerce ministry issues plan to improve quality of services
HONG KONG, April 16 (Reuters) - China's Commerce Ministry on Wednesday announced a plan to promote the expansion of services and improve service quality and consumer experience, saying the plan would provide strong support for high-quality economic development.Reuters
Wed, Apr 16
Economic Indicator
US issues export licensing requirements for Nvidia, AMD chips to China
April 15 (Reuters) - The U.S. Commerce Department said on Tuesday it was issuing new export licensing requirements for Nvidia's NVDA.O H20, AMD's AMD.O MI308 artificial intelligence chips, as well as their equivalents, to China."The Commerce Department is committed to acting on the Presi...Reuters
Wed, Apr 16
Economic Indicator
China’s NBS: External environment more complex and serious
Following the publication of the high-impact China’s first-quarter growth and December activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Wednesday.
Fxstreet
Wed, Apr 16
Economic Indicator
Chinese exporters on Rednote ask local consumers to buy goods meant for US
By Casey Hall and Sophie Yu SHANGHAI, April 16 (Reuters) - Chinese sellers of items from lunch boxes to appliances have taken to social media platform Rednote to generate sympathy purchases, telling domestic consumers they are offloading stock at bargain prices amid U.S. tariffs.Over the past wee...Reuters
Wed, Apr 16
Other
Mexico lays out plan to boost industry, protect key sectors
MEXICO CITY, April 15 (Reuters) - Mexico's government on Tuesday published its 2025-2030 national development plan in the official gazette, which seeks to strengthen domestic industry, increase the local content of exports, and protect strategic sectors deemed vital to national security.Reuters
Wed, Apr 16
Stocks
Japan's Nikkei sags as chip shares dragged down by Nvidia curbs
TOKYO, April 16 (Reuters) - Japan's Nikkei share average was headed for its first decline this week on Wednesday, as chip-sector shares sank after Nvidia NVDA.O said the U.S. government is limiting exports of a key chip to China.
Reuters
Wed, Apr 16
Other
CORRECTED-EXCLUSIVE-AUKUS nuclear submarine sale under scrutiny as Trump tariffs rattle Australia
By Kirsty Needham PERTH, April 10 (Reuters) - The sale of nuclear-powered submarines to Australia under the AUKUS treaty faces new doubts as U.S. President Donald Trump's tariffs take hold, and amid concern in Washington that providing the subs to Canberra may reduce deterrence to China.Wheth...Reuters
Wed, Apr 16
Economic Indicator
Breaking: China’s economy expands 5.4% YoY in Q1 2025 vs. 5.1% expected
China’s economy expanded at an annual rate of 5.4% in the first quarter (Q1) of 2025, at the same pace seen in the final quarter of last year, the official data published by the National Bureau of Statistics (NBS) showed on Wednesday. Data beat the market forecast of 5.1% in the reported period.Fxstreet
Wed, Apr 16
Economic Indicator
China's March industrial output rises at faster pace in March
BEIJING, April 16 (Reuters) - China's industrial output in March rose 7.7% from a year earlier, quickening from 5.9% growth in the January-February period, official data showed on Wednesday, as the world's second-largest economy braced for the impact of hefty U.S. trade tariffs.The data rele...Reuters
Wed, Apr 16
Economic Indicator
China's Q1 GDP grows 5.4% y/y, beating expectations
BEIJING, April 16 (Reuters) - China's economy grew 5.4% year-on-year in the first quarter, data showed on Wednesday, beating expectations, but an escalating trade war with the United States has darkened the outlook and raised pressure on Beijing to roll out more stimulus.Analysts polled by Reute...Reuters
Wed, Apr 16
Economic Indicator
BOJ's Ueda says central bank may need to respond if US tariffs hurt economy, Sankei reports
BOJ will keep raising rates if economy stays on track, Ueda saysBOJ will scrutinise 'without pre-conception' Trump tariff impactUeda says there are both upside, downside risks to price outlookBOJ will use surveys, hearings in new quarterly projectionsRemarks reinforce view BOJ to stand pat a...Reuters
Wed, Apr 16
Stocks
Here's Why Archer Aviation Stock Is a Buy Before May 8
Archer Aviation (NYSE: ACHR), a maker of electric vertical take-off and landing (eVTOL) aircraft, has been a divisive stock ever since it went public by merging with a special purpose acquisition company (SPAC) in September 2021. The bulls claimed it would disrupt the helicopter industry with its el...The Motley Fool
Wed, Apr 16
