Good Straits

Half Mag / Half Zine

Chinese factories to face headwinds in next phase of post-lockdown recovery

Orders for infrastructure materials and equipment have helped industrial output recover faster in China than most places emerging from COVID-19 lockdowns, but further expansion will be hard to attain without

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Credit Suisse aims for 100% of securities venture in China growth plan

Credit Suisse (CSGN.S) wants to raise its China securities joint venture stake to 100% and increase its market share after getting the regulatory green light to take a majority holding,

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Global stocks rally, yuan surges as investors bet on China revival

Global stock markets rallied and China’s yuan posted its biggest gain since December on Monday as investors bet the Chinese economy would boost global growth even as surging coronavirus cases

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U.S. trade groups urge China to increase purchases of U.S. goods, services

The U.S. Chamber of Commerce and over 40 trade associations on Monday urged top American and Chinese officials to redouble efforts to implement a Phase 1 trade agreement signed by

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KKR hires ex-Danaher executive for industrial deals

Private equity firm KKR & Co Inc (KKR.N) said on Monday it had hired former Danaher Corp (DHR.N) executive Dan Daniel to bolster its team that focuses on acquiring and

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Wall Street jumps on strong services sector, hopes of China recovery

U.S. stocks rose sharply on Monday as a rebound in U.S. services industry activity in June and expectations of a revival in China’s economy boosted optimism, helping investors look past

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Tesla shares surge 13% as strong deliveries drive profit optimism

Shares of Tesla Inc (TSLA.O) surged 13% to a record high on Monday, extending their rally to over 40% in five sessions after analysts raised their price targets on the

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