China Financial News

Republican Dusty Johnson reportedly plans to introduce the Panama Canal Repurchase Act while authorizing US President- elect Donald Trump to negotiate the reacquisition of the Panama Canal from Panama, reported The Hill. The latest proposed legislation actually stems from Donald Trump's severe concerns about the increasing influence of China around the Panama Canal.

Year of the Wood Snake as well as the Year of the Snake. Because wood is linked to the colour green, this year is also occasionally referred to as the Year of the Green Snake. Snakes are intelligent, wise, and frequently very cunning. Wood years highlight Snake's sophisticated taste, and Snakes are fantastic marketers and communicators. The year 2025 is for creating the ideal team, taking chances, and creating a big impression.

stocks, amid persistent foreign fund outflows and as cautious investor sentiment prevailed ahead of the December quarter corporate earnings. Additionally, concerns over fewer rate cuts in the U.S. further dampened sentiment. The benchmark BSE Sensex lost 528.28 points or 0.68% to close at 77,620.21, while the broader Nifty 50 index closed at 23,526.50, lower by 162.45 points or 0.69%.

Subscribe to enjoy similar stories. New Delhi: India saw more than 200 cases of Human Metapneumovirus (HMPV) cases between January and December last year, senior government scientists said, emphasizing that the virus is not a new pathogen and there was no cause for concern. The virus has been reported every year in India, and there is no unusual increase in cases in the country.

Infosys co-founder Narayana Murthy's 70-hour workweek suggestion. This statement, made during an internal conversation, was leaked on social media and quickly gained attention, leading to mixed reactions from both employees and the wider public.

online pharmacies are being run illegally and consumers who use them risk getting ineffective or dangerous drugs, according to the U.S. Trade Representative's annual report on " notorious markets." The report also singled out 19 countries over concerns about counterfeit or pirated products.

An annual U.S. government report on “notorious markets” known for counterfeiting and other violations of intellectual property says that nearly all 35,000 online pharmacies around the world are being run illegally

Tata Motors on Thursday reported a 1 per cent rise at 3,41,791 units in group global wholesales, including that of British arm JLR, in the third quarter ended December 2024. Global wholesales of Tata Motors passenger vehicles, including electric vehicles, in Q3 FY25 were 1,39,829 units, higher by 1 per cent compared to Q3 FY24, Tata Motors said in a regulatory filing.

Subscribe to enjoy similar stories. When Moderna reached a deal in 2023 to bring its medicines to China, the news got out before the biotechnology company said anything. It was a Chinese media outlet that reported that Chief Executive Stéphane Bancel was visiting Shanghai to sign a pact with local authorities for Moderna to research, develop and manufacture medicines for China using the same messenger RNA technology that produced the Covid-19 vaccine.

Japanese Prime Minister Shigeru Ishiba has begun a tour of Malaysia and Indonesia as part of his effort to further strengthen defense and economic ties with Southeast Asia as threats from China rise in the region

Stocks dropped in Tokyo and Sydney, with futures for Hong Kong also declining. US contracts slipped, after a range-bound session for the S&P 500 Wednesday. The tech-heavy Nasdaq 100 ended little changed. Nvidia Corp. dipped in post-market trading after a report said the Biden administration plans one additional round of restrictions on the export of artificial intelligence chips.

Subscribe to enjoy similar stories. New Delhi: China’s surplus capacity is dampening Indian business’ spirit for adding further production capacity, according to Sanjiv Puri, president of Confederation of Indian Industry (CII).

Indian artisanal gin, single malt and coffee liqueur brands are planning to ramp up exports this year by debuting in new markets and categories.

Subscribe to enjoy similar stories. Nailing down a strategic focus on diversification of global technology innovation away from established powers will offer India its biggest opportunities to grow in global relevance, said Chris Miller, author of global bestseller Chip War: The Fight for the World’s Most Critical Technology and professor of international history at Tufts University in the US, in an interview with Mint.

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump's policies could have, indicating that they would be moving more slowly on interest rate cuts because of the uncertainty, minutes released Wednesday showed. Without calling out Trump by name, the meeting summary featured at least four mentions about the impact that changes in immigration and trade policy could have on the U.S. economy. Since Trump's November election victory, he has signaled plans for aggressive, punitive tariffs on China, Mexico and Canada as well as the other U.S. trading partners. In addition, he intends to pursue more deregulation and mass deportations. However, the extent of what Trump's actions will be and specifically how they will be directed creates a band of ambiguity about what is ahead, which Federal Open Market Committee members said would require caution. «Almost all participants judged that upside risks to the inflation outlook had increased,» the minutes said. «As reasons for this judgment, participants cited recent stronger-than-expected readings on inflation and the likely effects of potential changes in trade and immigration policy.» FOMC members voted to lower the central bank's benchmark borrowing rate to a target range of 4.25%-4.5%. However, they also reduced their outlook for expected cuts in 2025 to two from four in the previous estimate at September's meeting, assuming quarter-point increments. The Fed cut a full point off the funds rate since September, and current market pricing is indicating just one or two more moves lower this year.

World Health Organization (WHO) on Wednesday played down concerns about the spread of the human metapneumovirus (HMPV) in China, citing data from Chinese authorities that it said showed hospital utilisation is currently lower than that this time last year.

Donald Trump, who has vowed tariffs of 10 per cent on global imports, and 60 per cent on Chinese goods, is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries, CNN reported on Wednesday, citing unnamed sources familiar with the matter. The inauguration event is scheduled on January 20.

Donald Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries, CNN reported on Wednesday, citing sources familiar with the matter.