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Investor Kyle Bass: Globalization Isn't Over, Just Don't Invest in Countries Run by Despots
The founder of Hayman Capital Management took a different view than BlackRock’s Larry Fink on the future of the idea of an interconnected global economy.
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Singapore's Stance on Russia Shows Support for Sanctions Isn't Limited to the West, Says Think Tank
The meeting between Joe Biden and Lee Hsien Loong was “important” in showing Russia that sanctions are not just supported by the U.S. or Europe.
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As the Pandemic Enters Its 3rd Year, More Chinese People Say They'd Rather Save Than Spend
More Chinese people wanted to save in the first quarter, rather than spend or invest their money, according to a People’s Bank of China survey.
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China's Zero-Covid Policy Tests Small Businesses in a Make-Or-Break It Year
While China tries to shake off omicron, the country’s zero-Covid policy sets small businesses up for a third year of stop-and-start uncertainty.
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China's Rich Are Moving Their Money to Singapore. Beijing's Crackdown Is One of the Reasons
More and more wealthy Chinese are worried about keeping their money on the mainland and see Singapore as a safe haven.
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Asia Will Become the ‘Default Market' for Russian Oil, Dan Yergin Says
Major oil importers in Asia like China and India have been pressured by oil prices which have soared since Russia invaded Ukraine in late February.
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Full Remarks of U.S. President Joe Biden and Singapore Prime Minister Lee Hsien Loong
A transcript of remarks from Biden and Lee’s joint press conference following their meeting in Washington, as transcribed by the White House Press Office.
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China's Factories Were Hit Harder This Quarter Than Last Year as Covid Drags on, Survey Says
Manufacturing growth in China is slowing, while retail businesses are struggling as Covid-related restrictions take their toll, according to China Beige Book.
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Domino's Pizza China Operator Files for Hong Kong Listing
The operator of Domino’s Pizza stores in China, DPC Dash, applied Monday to go public on the Hong Kong stock exchange, according to an online filing.
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Hong Kong Faces ‘Tough Balancing Act' as It Looks to Ease Some Border Restrictions, Official Says
Hong Kong intends to ease a travel ban on flights from nine countries, including the U.S. and U.K. and Australia from April 1.
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Recession Fears Tied to Treasury Yields Are Overblown, Canaccord's Tony Dwyer Suggests
Canaccord Genuity’s Tony Dwyer believes investors should emphasize a different yield curve to predict the stock market’s direction.
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Chinese EV Maker Nio Delivers Its First ET7 Electric Sedans
The ET7 is one of three new Nio models expected in 2022.
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Apple Reportedly Cuts Production of Its New iPhone SE by 20%
The company reportedly aims to lower production of its iPhone SE, its first 5G capable phone costing $429, by about 2 million units to 3 million.
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Electric Automaker XPeng Posts Narrower-Than-Expected Quarterly Loss as Pricing Power Cushions Production Snags
The company expects to deliver between 33,500 and 34,000 vehicles in total this quarter, representing growth of more than 150% versus the first quarter of 2021.
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China Is Shutting Down Shanghai in Two Phases to Control Covid
China’s biggest city of Shanghai began a two-stage lockdown Monday as authorities try to control the country’s worst Covid-19 outbreak since the pandemic began.
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What It's Like to Travel to Australia Right Now
CNBC Travel looks into what it’s now like to visit a country that was once labeled “Fortress Australia” because of its strict Covid-19 policies.
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India Is Snapping Up Cheap Russian Oil, and China Could Be Next
There’s been a “significant uptick” in Russian oil deliveries bound for India since March after Russia’s invasion of Ukraine, industry observers say.
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Barclays Expects ‘Big Jump' in Singapore Growth After Covid Measures Are Lifted
Easing measures will mean mobility at recreational areas and workplaces, which could lift GDP by 3% to 4%, says Brian Tan of Barclays.
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European Stocks Close Slightly Higher With Ukraine, Monetary Policy in Focus
European markets closed slightly higher on Friday, as investors continued to monitor the war in Ukraine and assess the outlook for global monetary policy.
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Chip Industry Under Threat With Neon Production Set to Fall Off a Cliff Following Russia's Invasion of Ukraine
The war in Ukraine could see the production of neon, a critical gas in advanced chip manufacturing, fall off a cliff.