Analysis: Credit Markets See Less Recession Risk, Earnings May Challenge That

The New York Stock Exchange (NYSE) is seen in the financial district of New York, US, January 13, 2021. REUTERS/Shannon Stapleton Register now to get free unlimited access to Reuters.com Register (Reuters) – High-yield US corporate bond markets may be undervalued to counter recession risks even as Treasuries and macroeconomic indicators reflect rising growth concerns, … Read more

US Treasury official criticizes China’s “non-conventional” debt practices

Chinese yuan banknotes are shown in this illustrative photo taken on April 25, 2022. REUTERS/Florence Law/Illustration Register now to get free unlimited access to Reuters.com Register China is the largest official creditor in the world Lack of transparency and confidentiality agreements under fire Urging progress on Common Framework debt deals for Zambia and other countries … Read more

Frugal is the new cool style for young Chinese at a time when the economy is faltering

BEIJING (Reuters) – Before the epidemic, Doris Fu imagined a different future for herself and her family: a new car, a bigger apartment, and fine dining on weekends and vacations on tropical islands. Instead, the 39-year-old Shanghai marketing consultant is one of many Chinese in their 20s and 30s who are cutting spending and providing … Read more

Exclusive: Biden hits China with broader restrictions on exports of US chips and gadgets

Semiconductor chips are seen on a computer circuit board in this illustrative photo taken on February 25, 2022. REUTERS/Florence Law/Illustration/file photo Register now to get free unlimited access to Reuters.com Register Next month, several people familiar with the matter said, the Biden administration plans to expand restrictions on US shipments to China of semiconductors used … Read more