After UBS and Nomura, now also JP Morgan has decided to abandon the buy recommendation on Chinese stocks and moves from "overweight" to "neutral"
The U.S. automaker has asked suppliers to prepare for a double-digit increase in Model Y production at its Shanghai plant. Competition from Chinese manufacturers
European stocks are seen slightly higher, based on indications provided by futures. Attention to the defense sector after yesterday's sharp decline. New bond issue by Banco Bpm, followed by Snam and Banco Desio
The historic leader of the blue-collar Cisl warns that the automotive crisis, aggravated by the decline of the German market and the difficulties of Stellantis, could favor the invasion of Chinese cars. Without a clear strategy and investments in technology and skills, Italy…
According to FT analysis, the Chinese e-commerce giant leads non-dividend public companies with $38 billion in cash, surpassing Tesla's $18 billion. However, its shares have fallen 31% this week: here's why
Today there will be no US markets to set the pace of trading, on a holiday for Labor Day. In Asia, China is showing signs of weakness in its economy for the fourth consecutive month. Tokyo is more toned. Eyes…
Alfredo Altavilla, a long-time collaborator of Sergio Marchionne at FCA, has been appointed Special Advisor for Europe by the Chinese electric vehicle giant BYD. With his vast experience, Altavilla will lead the company's European expansion in a highly competitive market
Chinese EV makers are shifting their focus to emerging markets to counter tariff barriers imposed by Western economies. Meanwhile, in Europe, the EV sector is showing signs of slowing, with registrations falling while it is growing,…
The so-called Big Blue, present in China with 12.000 employees, will move its research activity to other countries. Fears over the Chinese economic slowdown weigh heavily, while the arrival of artificial intelligence is influencing it
The European Commission has updated tariffs on Chinese electric cars, bringing the total to a minimum of 19% and a maximum of 46,3%, but offers discounts to companies working with European partners. Here are the details
How do luxury people and brands make or create things that are seen as works of art? In other words, when is there artification? The answer to this question is simultaneously symbolic, material and contextual
The Chancay maritime infrastructure, financed by the Dragon for 3,6 billion dollars, will be inaugurated in November by President Xi Jinping himself. It will shorten trade times with all of South America, opening a new axis that worries Washington. Beijing invests…
What is the real objective of opening up the production of Chinese electric cars in Italy by the state giant Dongfeng proposed by Minister Urso? There are many doubts about the operation and the danger of a poorly calculated gamble is there
Alarm in the world for the consequences of the blitz that killed the leader of Hamas, Ismail Haniyeh, in Tehran. According to the 'New York Times', Khamenei ordered a direct strike against Israel. Russia, China, Türkiye and Arab countries have condemned the…
"It is possible to start again from the forests and South-South cooperation is a virtuous formula for a historic friendship that binds Italy to Congo and Angol": this is what the Congolese ambassador to Italy claimed in the recent international conference on forests and Piano Mattei
Prime Minister Meloni's mission to China fits into a very specific context: from 16 August the first EU duties against Beijing's biodiesel will begin, following Ursula von der Leyen's de-risking strategy. AND…
Two record-breaking monetary moves will hardly be enough to solve the problems of the world's second largest economic power. At the conclusion of the Communist Party Plenum, the new objectives of Xi, called the "true reformer", emerged
The trade dispute between the EU and China continues. This time the dispute is Chinese biodiesel which is having "devastating effects on European production" explains the European Biodiesel Board. Here are the companies affected
According to Reuters sources, the new Blackwell series chip, currently called "B20" will be distributed with Inspur and will serve the Chinese market. The chip was built specifically to overcome trade barriers and avoid restrictions imposed by the US
Through its subsidiary Stamicarbon, an expert in nitrogen technologies, it has been selected by a leading Chinese company in the production of agricultural chemical products, Linggu Chemical, to provide technologies that will make a urea plant more efficient: expected reduction…
At the moment Trump has the wind at his back but the games for the White House are not yet over and Donald does not have the majority of the 130-150 million Americans who will vote in November. The Dems can go back to…
US futures and the dollar show no signs of slowing down. Waiting for the new American quarterlies today. The Chinese economy grew less than expected. Tokyo is closed
Shein and Temu, the two Chinese online retailers, are creating big problems for the trade sector by bypassing the tariff system, but limiting trade is not the best way to enforce product standards for Chinese retailers
NATO countries strengthen the anti-Putin shield by sending F16s to Kiev and Moscow doesn't like it. Beijing's irritation after the Alliance's warning to "not help Moscow" in the war in Ukraine: "Lies in the allies' statement, whoever is blowing…
Heavy Russian missile attack on all of Ukraine, hits pediatric hospital in Kiev. Orban "in a personal capacity" in China. In the Middle East, Hamas agrees to negotiate a non-permanent ceasefire
No agreement with Beijing. Starting July 5, 2024, the European Union will apply tariffs that vary by manufacturer to protect the internal market. They will be provisional, the final decision will be in October. Europe divided on the choice but in the meantime the…
At the Italian-German Chamber of Commerce, a survey looks favorably on the rates on Chinese imports, but also asks for money from the EU
Stocks linked to artificial intelligence return to highs. According to Statista, the industry grew over $184 billion in 2024, a jump of nearly $50 billion from 2023, and this staggering growth is expected to continue in…
In particular there is concern about a data center partly owned by China Mobile in California's Silicon Valley. The most fragile points of computer traffic could be the clouds
Wall Street closed mixed, remaining close to historic highs. In Asia, keep an eye on the developments in the tariff issue. Europe with the spotlight on the French elections
European duties on electric cars would start in July, but the talks between the Chinese minister and the European commissioner could change the scenario. What happened and where we are
Talks on the tariff crisis between China and the EU are heating up in Asia. On Wall Street the focus is on Nvidia after last week's strong correction. In Europe, the imminence of the elections in France is central. At Piazza Affari…
The Chinese state company Norinco, which openly launched the military challenge to the US by announcing the production of the "mother of all bombs" in 2019, wants to take over 49% of Avibras, after Brazilian President Lula had vetoed it...
The increase in EU duties on Chinese electric cars triggers retaliation from Beijing, with new duties on pork and possible measures on the automotive sector. The political-commercial clash between Europe and China is widening
The absence of the US markets, closed yesterday for holidays, weakened the other financial markets, including the Asian ones where the main topic was China's monetary policy communication. In Milan, watch out for Leonardo and Fincantieri
Still uncertainty linked to the result of the European elections and the wait for the French ones: the candidate lists closed yesterday. The Oat/Bund spread widens to the highest since 2017 at 76 bps: at the 100 bps level the ECB could intervene.…
Brussels raises duties on imports of Chinese electric cars to counter alleged unfair practices. Beijing promises reprisals. Tension between the EU and China, Germany and Hungary are against the duties, while the other EU countries are in favor
The Chinese fund Silk Road begins its exit from Pirelli by selling at a discount the 9% stake it holds in the capital of the company led by Tronchetti Provera which strengthens by rising to 22,7%
Inter has a new owner because at midnight yesterday the Chinese Zhang was unable to repay the loan to the American fund. The balance between lights and shadows of the outgoing President
The real estate sector in China is worth a quarter of the GDP. With the new horse cure, reduced down payments are foreseen for the purchase of the first homes, support from the central bank to help companies purchase properties. The rates on…
Lopez Obrador, known as Amlo, has been president of Mexico since 2018. Now for the first time it could be a woman who takes on the role: Claudia Scheinbaum and Xochitl Galvez are competing. Voting takes place on June 2nd
The duties will affect all green economy initiatives. China will respond by slowing down the good things that have been done above all in Europe
The alliance between the two companies has been finalized. Leapmotor International will have exclusivity to export, sell and manufacture Leapmotor vehicles outside of China. It starts in nine European countries with two models. Two hundred first sales points.…
THE CANCELS OF THE ECONOMY OF MAY 2024 – Why has inflation stopped falling? And why will it come down? Are labor costs a threat to prices? Services are, for once, the engine of the economy: will manufacturing follow suit? There…
The negative performance in Asia and China in particular sends Kering's accounts into the red and weighs on LVMH. Hermès, on the other hand, continues on its own path and ignores the weak start of the year for the entire sector
The 10 largest American companies, mainly the Magnificent 7 of Big Tech, now control 34% of the S&P index and are worth 15 trillion dollars, like China's GDP. AI has increased their power but the Antitrust unknown is…
In the days of President Xi Jinping's European visit, which confirms China's key role in relations with Russia, Beijing is increasingly extending its tentacles into South America. The satellite is a prelude to a possible…
After the quarterly reports of Unicredit and Mps, those of Leonardo, Banco Bpm, Ferrari, FinecoBank, Inwit and Campari are on the agenda today
The Regulation for the management of critical raw materials has been published in the European Journal. Governments have six years to comply with it, with the aim of reducing imports from abroad
China and the iPhone are slowing down Apple, with both Cupertino's revenues and profits falling. But the decline was below expectations and on Wall Street the stock rose in the after-hours. iPhone sales down. The moves…
In the current climate of uncertainty, China's infrastructure project has pushed many European companies towards alternatives to maritime transport. The current benefits: times and costs reduced by a third
The agreed price for each vessel is $56,2 million, and they are expected to be delivered in July and December 2027
The Chinese car giant Dongfeng is negotiating with the Italian government to open a factory producing 100 vehicles a year. And Paolo Berlusconi accompanies it on the Italian market by investing in 10% of Df Italia. The words of the government and those of…
The European Court of Auditors expresses the most severe judgment on the date of electric cars: the EU is not yet ready for the turning point, the subject of a controversial political decision
Apple removes WhatsApp and Threads from the Chinese App Store on government orders, citing 'national security reasons'. Same fate also for Telegram and Signal. Tensions continue between the United States and China in the global technology landscape
Revenues by geographical areas see Americas +19,5%, Europe +13,9%, Asia +16%, while sales by distribution channels show retail +15% and wholesale +19%. Cucinelli: "In the Chinese market we can see important development opportunities"
Something is moving between China and the West and the distances are reducing: it is mutual interest but it is also a good thing. Yellen's double trip and Meloni's next visit
Spain confirms itself as the fourth destination market for Italian exports, after Germany, France and the United States, with a value of almost 33 billion euros in 2023. Rome, in turn, ranks fourth among…
The rush of gold, which updates its record, does not stop: here is the new spot price of bullion, up 1,6% compared to Thursday's closing. In Türkiye new historic low of the lira after the vote
The agreement with the "Chinese Google" will allow the Apple company to be able to sell the iPhone 16 without legal compliance problems due to Western artificial intelligence. 2024 is proving to be a really difficult year for Apple
It was the former founder Hai Ka Yan who organized the fraud. The manager was banned from Chinese financial markets for life
According to the Authority, TikTok does not properly monitor the contents circulating on the platform, especially those that may threaten the safety of minors and vulnerable subjects. Risk of ban in the USA, the warning from the Chinese company: "300 thousand jobs are at risk"
Biden is ready to ban the Chinese social network TikTok in the US if Congress approves a targeted provision. Thus the issue enters the full electoral campaign for the 2024 presidential elections in November. Trump's reaction: "Facebook is the real enemy"
US President Biden's speech on the State of the Union: here's what he said. And on the war in Ukraine: "We cannot retreat before Putin"
The high tech giants are in trouble. Chinese to the rescue. Great anticipation for the words of the Presidents of the Fed and the ECB. Ftse Mib superstar
Competition from Huawei, Oppo, Vivo and Xiaomi, combined with a struggling Chinese market, contributed to the decline. Promotions were not enough to reverse the trend
After Evergrande, another Chinese real estate giant collapses. The company has debts of more than $200 billion
Markets on standby but Europe is almost in positive territory, including Milan
So far the rise of the artificial intelligence giant has been unstoppable: will it continue or will it fall back? This is what all analysts are asking themselves in view of the presentation of the accounts
China's generous discount on mortgages but the market is not convinced that it is enough to overcome the crisis of confidence in real estate. Btp-Bund spread at two-year low. Oil rises, gas is flat
It is not just the generalized farmers' protest that is infecting Europe. Coldiretti's appeal: a safeguard clause is needed to stop imports
In the last two decades, Latin America, in particular Brazil but also Argentina, has reduced its dependence on the USA and has become a protagonist in the agricultural raw materials market, benefiting from Chinese demand especially for soybeans and meat. AND…
An American law against the forced labor of Uighurs, a long-persecuted religious minority in Xinjiang, has been violated. The components of the cars will be changed but this will lead to delays in deliveries
Germany creates public investment fund to overcome imports. The strategy established by the EU is going slowly. Direct agreements with China are not ruled out
In two days the Big Banks of Piazza Affari transferred more than 15 billion to their shareholders. And the markets applaud. Today Stellantis goes to Giorgetti
On the eve of the Lunar New Year, Chinese stock markets take off thanks to a strong infusion of capital desired by President Xi Jinping - In America the drop in rates is postponed to June - Intesa-Unicredit derby on accounts in Milan
The dark plots of the Chinese mafia, known as the Triads, emerge in a surprising investigation. The interview on LeJournal.info by French journalist Jean-Paul Mari with Antoine Vitkine, a well-known documentary maker for TV across the Alps, analyzes the historical roots, the complexity of their organizational structure...
Japan exported 4,42 million vehicles, while the China Association of Automobile Manufacturers reached 4,91 million units. The push for electric cars was decisive
Yellen's limitation of the amounts of the T-bond auctions gives confidence to the stock markets even if the decline in rates will not be imminent. The winds of war push oil
The debt-ridden Chinese real estate giant is in liquidation. In Europe the rate cut is closer, France launches the diktat. In the spotlight banks and managed
European stock markets weak on the day of the ECB: the accounts of Tesla and STM weigh below expectations - On the contrary, the accounts of other tech giants are booming with Microsoft which exceeded 3 trillion...
Volatility could come from geopolitical tensions. Perissinotto: "The capitalization of interests will be the driver of performance"
Today the Nikkei rises to a new 34-year high, one step away from the levels reached in the early XNUMXs. Conversely in Beijing, persistent uncertainties about the performance of the economy are causing Chinese stock markets to fall
Bull's air on the financial markets. Natural gas is in sharp decline. Nvidia breaks records. Today I advance the dividend of Enel and Snam
The French giants are also on the rise, from LVMH to Kering to Hermes. A breath of fresh air after the burden of recent days due to China
The words of the ECB president on rates, which will only fall in the summer, are liked by the banks which are going up on the stock market but they are not enough to save the stock markets, including Milan which loses almost 1% and is struggling to defend the 30 thousand mark
Markets down due to delay in rate cut. Today Lagarde speaks in Davos. Eni unties the Kashagan knot
The United States is ahead in every major indicator, from patents to investment. Europe defends itself and overtakes China but our country is bringing up the rear
Trump's victory in Iowa alarms the markets which fear The Donald's return to the White House. The Red Sea crisis forces dozens of tankers to change course and increases the risk for oil. The…
The Chinese group BYD, owned by Berkshire Hathaway, has overtaken Tesla as the leading producer of electric vehicles and according to Ft it is about to buy the largest lithium reserve in Brazil, currently owned by the Canadians Sygma
Generali consolidates its strategic positioning in China by becoming 100% shareholder of Generali China Insurance Company (GCI), with the aim of strengthening its presence in the Chinese market and laying the foundations for future growth
Elon Musk makes money but Tesla doesn't win in China - 2024 is the decisive year
Beijing's Ministry of Commerce has opened an investigation into dumping of EU spirits at the request of the China Wine Industry Association
Crime in Paraiba, in the north of Brazil: Brasil CRT, unknown even to the Chinese consulate, wants to invest around 2.000 billion euros to build a futuristic city from scratch: "Within 3 years we will have already built the port". The judiciary has…
Calendar of 2024 exhibitions to be held at the Palace of Versailles and the Museum of the Forbidden City, Beijing on the sixtieth anniversary of diplomatic relations between France and China
The IEA report from two days ago attests to the record consumption of coal in the economies of the two countries. Only from 2026 will demand drop significantly.
Europe has been negotiating a free trade agreement with South America for 20 years, which finally seemed to be coming to fruition. But Milei's election, Lula's ambiguities and the doubts of Macron and Scholz themselves have once again blown everything up
Stock markets rising and spreads falling, BTP at 4%. Italy leaves the Silk Road with far fewer problems than Germany. On Thursday and Friday the EU opens negotiations with Beijing: a game worth 400 billion
The Meloni government delivered the notice of termination to the Chinese government authorities on December 3, confirming its desire to maintain strategic friendship with Beijing
Interview with Richard Baldwin, professor of International Economics at the Graduate School of Geneva - "The globalization of markets is alive and well" but is moving from the predominance of goods to that of services - As for AI: "I don't think it will change...
