China Financial News

Subscribe to enjoy similar stories. Xi Jinping and Donald Trump’s bromance could be rekindled in 2025, if both sides play their cards right. This is positive and would help create the right environment for an improvement in ties between the two superpowers, but timing and tone are everything.

Japanese automakers Nissan Motor Corp. and Honda Motor Co. have confirmed that they are discussing closer collaboration but denied reports they have decided on a merger

Subscribe to enjoy similar stories. For decades, a global guessing game has focused on whether the people of China will tire of single-party rule. Any failure to sustain a heady pace of economic expansion, went one hypothesis, would stir mass discontent and put its Communist regime on notice.

Honda and Nissan are in talks to set up a holding company, according to a person with knowledge of the matter, a move that would allow them to share more resources amid competition upending the global industry. The talks, first reported by the Nikkei newspaper, would allow the two automakers to cooperate more closely on technology at a time when the industry is being rewritten by the likes of Tesla and Chinese rivals. The talks are aimed at setting up an umbrella holding company that Nissan and Honda would then fall under, said the person, who declined to be identified because the information had not been made public.

Japanese tycoon Masayoshi Son has joined President-elect Donald Trump in announcing plans by technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States

TikTok is asking the Supreme Court to step in on an emergency basis to block the federal law that would ban the popular platform in the United States unless its China-based parent company agrees to sell it

UAPs) across several US states which included New York, New Jersey and Pennsylvania have eventually sparked widespread speculation and conspiracy theories, reported Metro. According to Metro, these sightings have been attributed to various explanations which include drones, planes and even potential foreign surveillance. During such times, the FBI has stated that they do not pose a national security threat but the lack of clarity has fueled panic among the public. Also Read :Landman: Here’s Episode 7 release date, where to watch, upcoming episode schedule and cast

Subscribe to enjoy similar stories. ‘The Lovers’, a Francis Newton Souza artwork that made headlines at an auction of South Asian Modern and Contemporary Art by Christie’s in New York in March, is one of the 10 most expensive paintings sold by the iconic British auction house this year.

NITI Aayog has invited expression of interest for undertaking research on 'Cost of Doing Business in India' (CoDB), as India faces strong competition from countries like Vietnam, China, and Indonesia, which offer lower operational costs in key sectors. In a notice, Niti Aayog said the cost of doing business is a pivotal factor influencing the competitiveness of an economy, encompassing the expenses businesses incur to establish, operate and expand. «For a rapidly growing economy like India understanding these costs is essential to fostering a conducive business environment and attracting investment. »Despite India's significant reforms to improve its business climate, it faces strong competition from countries like Vietnam, China, and Indonesia, which offer lower operational costs in key sectors," it said.

The proposal gained broad support at a meeting chaired by commerce minister Piyush Goyal on Tuesday after small industries dropped initial opposition once they received assurances that they would not be hit by higher steel prices. «It seems the safeguard duty will be imposed after an investigation, likely completed within a month,» said an industry official who attended the meeting. «To address concerns of small manufacturers, large steelmakers will supply them steel at reduced prices.»

Subscribe to enjoy similar stories. Fish is the most common and recurring symbol in the Indus valley seals, which were used for trade purposes. Many of these seals have also been found at other contemporaneous sites in Mesopotamia, Egypt, and Iran.

The European Union has imposed fresh sanctions on dozens of officials linked to Russia’s war on Ukraine

Shares are mixed in Asia after the Nasdaq set a record ahead of a meeting by the Federal Reserve later this week that could set the direction for markets in the new year

Sri Lankan President Anura Kumara Dissanayake was hosted by Indian Prime Minister Narendra Modi in his first overseas visit since assuming office that focused on shoring up ties as concerns grew over China’s influence in the region

Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded at $105,688. Smaller crypto ether rose nearly 3% to 4,014.

Federal Reserve. A key stock benchmark for the region climbed, as did shares in Australia and Japan. South Korean equities fell, while futures for Hong Kong stocks pointed to a decline. The moves came after a positive session on Wall Street, where the Nasdaq 100 gained more than 1% to reach another record high.

China while suggesting that they might be really inflated, reported Business Insider. According to Business Insider, while speaking at an event which was hosted by the Peterson Institute for International Economics, Gao Shanwen eventually stated that the actual GDP growth of China could be averaging somewhere around 2% over the past two to three years, in spite of the official figures reporting close to nearly 5%. He also made a speculation that the future growth rates might realistically range between 3% and 4%, while the government will likely continue to report around 5%. Also Read :It's official! Don Jr. and Kimberly Guilfoyle had a friendly split; source says, she is intelligent, sm

Prince Andrew won't join royals for Christmas dinner, following the Chinese spy scandal. It is understood that Prince Andrew and Sarah Ferguson will not be dining with the rest of the Royal Family on Christmas dinner, as quoted in a report by Metro. Since his connections to a suspected Chinese spy were first made public, the Duke of York has come under increased scrutiny. MI5 banned Yang Tengbo, the suspected spy, from the UK last week because of the possible security risk. Prior to publicly revealing his name in order to refute the accusations made against him, he was subject to an anonymity order known only as H6. According to reports, Prince Andrew has now decided not to celebrate Christmas with the rest of the Royal Family this year. The Duke claimed on Friday that he had ceased all contact with Tengbo after receiving advice from officials and that he had never spoken to him about anything sensitive.

S&P Global said on Monday that its flash manufacturing PMI dropped to 48.3 this month from 49.7 in November. Economists polled by Reuters had forecast a flash reading of 49.8. A PMI reading below 50 indicates contraction in manufacturing, which accounts for 10.3% of the economy. A gauge of production at factories declined to 46.0, the lowest level since May 2020, from 47.9 in November.

Subscribe to enjoy similar stories. Drones have revolutionized modern warfare in the sky. Now defense companies and navies are betting they can do the same underwater.