China Financial News

06.01 / 17:45
markets Digital Strategy Experts PAM country ISPRL plans oil reserve in Madhya Pradesh; Bina proposed as potential site
Indian Strategic Petroleum Reserves (ISPRL) is weighing building a new strategic reserve in Madhya Pradesh to serve refineries in the northern part of the country during supply emergencies.
06.01 / 16:59
markets security ByteDance TikTok Courts Videos Updates What happens after the TikTok ban?
TikTok and its China-based owner ByteDance, which is seeking to block a law signed by president Joe Biden that will ban the short-form video app beginning Jan. 19 unless it is divested from ByteDance, due to national security concerns. TikTok requested an injunction to pause the ban during the legal process, but the Supreme Court did not immediately act on the request.
06.01 / 13:21
UPS Target wellness Trade Universities country reports Trump Team Mulls Narrowing Universal Tariffs, Post Reports
(Bloomberg) — Aides to President-elect Donald Trump are considering a tariff plan that would apply to all countries but be limited to specific critical imports, the Washington Post reported, citing three people familiar with the discussions who it didn’t identify. 
06.01 / 11:43
COST UPS Manufacturing Election Trade prevention The challenge for made-in-America bikes? Made-in-China parts
Subscribe to enjoy similar stories. In 2022, Brian Riley opened a bicycle factory in Seymour, Ind., shifting production of his Guardian Bikes brand to the U.S. from China.
06.01 / 09:29
UPS Analysis trends Trade Experts hospital reports Hospital stocks surge up to 4% after India reports 3 confirmed cases of HMPV
Sensex and Nifty plunged 1.6% on Monday, certain hospital stocks attracted investors' attention after the government confirmed three confirmed cases of Human Metapneumovirus (HMPV) — 2 in Karnataka and one in Gujarat — amid reports of a virus outbreak creating havoc in China. Bengaluru-based Narayana Hrudayalaya shot up 3.4% to hit the day's high of Rs 1,355 on the NSE while Rainbow Childrens Medicare was up 4% in the intraday trade. Others including Apollo Hospitals, Aster DM Healthcare, Krishna Institute of Medical Science (KIMS) were up by up to 2% in the day's trade.
06.01 / 09:29
markets Digital social information isolate Videos '40-Hour Digital Arrest': Popular social media influencer shares the harrowing cost of pressing 'zero' on a phone call
“I’ve been missing from social media and everywhere for the last three days because I was held hostage by some scammers,” he said in the video. “I’ve lost money, my mental health, and trust in so much. I can’t believe this happened to me.”
06.01 / 08:51
UPS Provident Target security country Department Beijing-based cyber group protests US sanctions for its alleged role in hacks
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructure
06.01 / 07:57
markets UPS FIVE NVIDIA country 2020 International A new electricity supercycle is under way
Subscribe to enjoy similar stories. The factory floor of Schneider Electric’s plant in Conselve, Italy, hums with urgency. Workers at the power-equipment company’s facility, which is in the midst of a major expansion, are busily assembling advanced cooling systems for the data centres underpinning the development of artificial intelligence (AI).
06.01 / 07:17
markets Virus country outbreak reports infection symptoms HMPV in Bengaluru: Is it too early to hit the panic button in India?
Human Metapneumovirus (HMPV) in the state, detected through routine surveillance under the Indian Council of Medical Research (ICMR) and Integrated Disease Surveillance Programme (IDSP).
06.01 / 06:53
markets COST Digital Strategy Sustainability Experts PAM ArcelorMittal South Africa to close long-steel business, putting 3,500 jobs in jeopardy
ArcelorMittal South Africa Ltd. will close its business that makes long-steel products, potentially affecting about 3,500 jobs.
06.01 / 06:53
markets Strategy Experts Virus reports infection symptoms What are the symptoms of HMPV?
Human metapneumovirus (HMPV) virus has hit the headlines around the world including India, sparking concerns about the possibility of a Covid-like crisis. However, health experts are urging the public to remain calm and avoid unnecessary panic.
06.01 / 03:01
markets Digital Strategy economy Trade PAM show China services activity hits 7-month high but US trade fears dent optimism, Caixin PMI shows
demand, but orders from abroad declined, reflecting growing trade risks to the economy, a private sector survey showed on Monday.
06.01 / 03:01
Citi Provident Racing country International China's Pony.ai eyes robotaxi services in Hong Kong, joining Baidu
Pony.ai Inc is seeking to launch its robotaxi services in Hong Kong, joining Baidu in a race to provide services in the city, as the autonomous driving firm looks to expand its operations globally.
06.01 / 00:51
markets Analysis economy Sustainability Research Trade Experts China's central bank vows 'moderately loose' policy
Beijing last year struggled to lift the economy out of a slump fuelled by a property market crisis, weak consumption and soaring government debt.
06.01 / 00:07
UPS Research iRobot show country reports Features Chinese robot vacuum cleaner company reveals model with an AI-powered arm
BEIJING — Chinese robot vacuum cleaner company Roborock revealed a new model on Monday that comes with a folding arm for removing socks and other obstacles — a feature powered by artificial intelligence.
05.01 / 21:39
markets UPS Digital Strategy Experts PAM Expect automotive leasing in India to account for up to 8 pc of total sales in 5-8 yrs: ORIX
ORIX Corporation India Ltd expects automobile leasing market in India to account for 7-8 per cent of the overall vehicle sales in the next 5-7 years, up from about 2 per cent currently with more younger people joining the workforce, its Managing Director and CEO Vivek Wadhera. With good traction in its business, the company expects 30-35 per cent higher profit this fiscal year compared to the last year, Wadhera told PTI in an interaction.

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