China Financial News
01.12 / 09:35
COST
Election
wellness
Trade
students
Cycling
country
Global alert: Other countries should steer clear of Trumponomics
Subscribe to enjoy similar stories. Given Donald Trump’s nominees for key cabinet positions so far, it appears that the US president-elect is determined at least to try to deliver on many of his campaign promises. If so, the current news cycle may have come as a welcome surprise to those who have grown tired of elected leaders making promises they have no intention of keeping.
01.12 / 06:41
markets
IPO
FIVE
security
Analysis
Diversity
From light regulation to accountability: How Sebi is rethinking SME IPO rules
Subscribe to enjoy similar stories. Markets regulator Securities and Exchange Board of India (Sebi) has recently identified several concerns plaguing the SME space such as misuse of IPO proceeds, fund diversion, promoter exits and market misconduct. These issues pose threats to investor protection and market integrity.
01.12 / 05:57
Citizens
Assurant
security
Trade
President
country
social
Canada's Trudeau returns home after Trump meeting without assurances that tariffs are off the table
Canadian Prime Minister Justin Trudeau is returning home after his meeting with Donald Trump without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner
01.12 / 05:05
MET
President
Hawaiian
country
reports
International
'Red carpet treatment': Taiwan's Lai Ching-te feted during US stop on Pacific trip
Taiwan President Lai Ching-te was feted with a red carpet, garlands of flowers and «alohas» as he kicked off his two-day stopover in Hawaii on Saturday, part of a Pacific tour that has sparked fiery rhetoric from Beijing. China claims Taiwan as part of its territory and has responded to Lai's first overseas trip as president with threats to «resolutely crush» any attempt for independence. Looking relaxed in a Hawaiian shirt, Lai flitted around the US island state, visiting a Pacific island history museum, an emergency management centre and the USS Arizona Memorial in Pearl Harbour.
01.12 / 04:51
UPS
Target
Cooper
security
Trade
President
Relationships
A top mission for Europe’s chief is to cool Trump’s ire toward the EU
Subscribe to enjoy similar stories. President-elect Donald Trump is known for grandiose statements, a larger-than-life persona and a fondness for unpredictability. His counterpart on the other side of the Atlantic couldn’t be more different in political style.
01.12 / 04:27
markets
economy
Trade
War
country
consequences
Pharmaceuticals
Donald Trump's 100% BRICS Tariff threats: How India could be affected in a renewed trade war
Donald Trump prepares for his second term as US President, his aggressive trade stance is already creating ripples in the global economy. A key element of his protectionist policies is the threat of imposing 100% tariffs on BRICS countries, including India, if they move away from using the US dollar in international transactions. This bold stance, declared through a scathing social media post, could have severe consequences for India’s exports, particularly in critical sectors such as pharmaceuticals, textiles, and information technology. Trump’s remarks come in response to discussions among BRICS nations, which include Brazil, Russia, India, China, and South Africa, regarding the possibility of reducing their reliance on the US dollar for trade. A summit held in Russia in October focused on increasing local currency transactions, a move that Trump has now vowed to challenge. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” Trump wrote, warning that any country attempting to replace the dollar with another currency would face significant tariff hikes. Also Read: Trump threatens 100% tariff on BRICS countries over currency plans
01.12 / 03:19
Action
security
wellness
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country
social
travelers
Trudeau promises border helicopters at ‘very productive’ Trump meeting: source
Donald Trump says a surprise meeting with Justin Trudeau at his Florida home was “very productive,” after the prime minister flew down to discuss the growing threat of American tariffs on Canadian goods, the border and national defence.On Friday evening, Trudeau landed in Florida and travelled to Trump’s Mar-a-Lago club for a hastily arranged dinner and discussion with the United States’ incoming president that a senior Canadian government source said was successful.In a post on his social media site, Truth Social, Trump said the meeting between the two had gone well.“I just had a very productive meeting with Prime Minister Justin Trudeau of Canada, where we discussed many important topics that will require both Countries to work together to address,” Trump wrote.He said the two had discussed the illegal fentanyl and the toxic drug overdose crisis, as well as what Trump called “the massive trade deficit” between the United States and Canada.“I made it very clear that the United States will no longer sit idly by as our Citizens become victims to the scourge of this Drug Epidemic, caused mainly by the Drug Cartels, and Fentanyl pouring in from China,” Trump wrote. “Too much death and hardship!”A senior Canadian government source told Global News the meeting, which ran from around 7:45 p.m.
30.11 / 17:43
30.11 / 17:09
markets
security
Election
wellness
Trade
President
country
Canada's Trudeau says he had an "excellent conversation" with Trump in Florida after tariffs threat
Justin Trudeau said Saturday he had an «excellent conversation» with Donald Trump at his Mar-a-Lago club after the president-elect's threat to impose significant tariffs on two of America's leading trade partners raised alarms in Ottawa and Mexico City. It was unclear, as Trudeau headed back to Canada from Florida, whether the conversation had alleviated Trump's concerns. A person familiar with the details of the leaders' hastily arranged meeting Friday night said it was a «positive wide-ranging dinner that lasted three hours.» The official, who was not authorised to discuss the matter publicly and spoke to The Associated Press on condition of anonymity, said topics included trade, border security, fentanyl, defence, Ukraine, NATO, China, the Mideast and pipelines, as well as the the Group of Seven (G7) meeting in Canada next year. The Republican president-elect has threatened to impose tariffs on products from Canada and Mexico if the countries don't stop what he called the flow of drugs and migrants across their borders. He said he would impose a 25 per cent tax on all products entering the US from Canada and Mexico as one of his first executive orders when he takes office in January.
30.11 / 15:27
markets
Target
Digital
Discover
Experts
country
reports
Most lucrative jackpot ever? World's largest deposit of gold, worth around $80 billion found; here's the location and country
China which is claimed to be containing approximately 1,000 metric tons of gold eventually valued at around 600 billion yuan (US$83 billion), reported Science Alert. According to Science Alert, this find which is being reported by Chinese state media could actually be the largest gold reservoir ever uncovered while surpassing the 900 metric tons found in South Africa's South Deep mine. The Geological Bureau of Hunan Province identified 40 gold veins at a depth of 2 kilometers in Pingjiang County while initial estimates suggest that these veins alone hold 300 metric tons of gold. Also Read:Cyber Monday 2024: Target and Walmart unleash massive discounts | Top Deals
30.11 / 12:35
FIVE
WhatsApp
rowing
chess
Gukesh draws with Liren, scores still tied after five games
D Gukesh played out a hard-fought draw with white pieces in the fifth game of the World Chess Championship against defending champion Ding Liren of China here Saturday. The second draw in a row left both players with an identical tally on 2.5 points apiece, still shy of 5 more points in order to win the championship.
30.11 / 07:39
COST
Provident
Target
Platform
Strategy
testing
Stealth destroyer to be home for 1st hypersonic weapon on US warship
US Navy is transforming a costly flub into a potent weapon with the first shipborne hypersonic weapon, which is being retrofitted aboard the first of its three stealthy destroyers. The USS Zumwalt is at a Mississippi shipyard where workers have installed missile tubes that replace twin turrets from a gun system that was never activated because it was too expensive. Once the system is complete, the Zumwalt will provide a platform for conducting fast, precision strikes from greater distances, adding to the usefulness of the warship. «It was a costly blunder but the Navy could take victory from the jaws of defeat here, and get some utility out of them by making them into a hypersonic platform,» said Bryan Clark, a defense analyst at the Hudson Institute. The US has had several types of hypersonic weapons in development for the past two decades, but recent tests by both Russia and China have added pressure to the US military to hasten their production.
30.11 / 02:53
UPS
Waters
Boeing
Sony
reports
Features
Sporting
Upcoming phone launches in December 2024: iQOO 13, Vivo X200, OnePlus 13 and more
iQOO 13 is set to make its India debut on December 3 with the Snapdragon 8 Elite processor and claimed AnTuTu scores of over 3 million. iQOO has confirmed that the phone will come with a 6,000mAh battery and support for 120W fast charging.
30.11 / 02:53
UPS
FIVE
Manufacturing
security
Enterprise
Bill
Cycling
Defence contracts emerge as key business for telecom infra makers
Subscribe to enjoy similar stories. India's push for local manufacturing is prising open a new business frontier for domestic telecom equipment manufacturers.
29.11 / 20:07
29.11 / 20:07
UPS
economy
Trade
War
shock
International
The ruble's in a slump. For the Kremlin, that's a two-edged sword
Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other
29.11 / 20:07
economy
wellness
Trade
President
Fishing
country
reports
Okonjo-Iweala given 2nd term as WTO chief as Trump's return looms over trade body's future
The World Trade Organization chief says she’s “eager” to work with U.S. President-elect Donald Trump and his trade team, while taking a wait-and-see stance about Trump’s plans to impose new tariffs on goods from other countries including China, Mexico ...
29.11 / 20:07
markets
Citi
Marvell
Nintendo
Inside
politician
Mexico raids stores selling counterfeit or contraband Asian goods, pledges a nationwide crackdown
Mexican authorities have raided a massive complex of stores selling counterfeit Chinese goods in downtown Mexico City, and vowed the crackdown will be carried out nationwide
29.11 / 18:33
markets
Digital
Action
WhatsApp
information
reports
Investigations
'Digital Arrest' scam wipes out life savings of 90-year-old in Gujarat: Here's what happened
₹1 crore. The elderly victim, a stock market trader, was duped by fraudsters posing as officers from the Central Bureau of Investigation (CBI), who alleged his involvement in a drug trafficking and money laundering racket, reported NDTV.According to the publication, the conmen, part of a gang operating in collaboration with associates in China, initiated the scam through a WhatsApp call.
29.11 / 17:45
UPS
Boeing
Qualcomm
reports
Features
International
iQOO 13 set to launch in India on December 3: Pre-offer price leaked - all you need to know
₹55,000.This suggests the launch price could hover around ₹55,000 or slightly higher, keeping it in the sub- ₹60,000 category. For context, its predecessor, the iQOO 12, debuted at ₹52,999, indicating the new model might carry a marginal premium.
29.11 / 17:15
markets
Strategy
Software
Tesla
Experts
Xiaomi
PAM
Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say
Mercedes-Benz is betting on China's Momenta to help it win back market share in the world's biggest auto market, with plans for fresh investment and at least four future models to use the autonomous driving startup's software, three sources with knowledge of the matter said. The plans, which have not been previously reported, will make autonomous-driving developer Momenta the first Chinese supplier picked by Mercedes to be a primary provider of a key technology and selling point for its products, as intense competition and technological innovation in China force Western automakers to rethink their supply-chain strategies. The German premium automaker has since 2017 had an investment in Momenta but the two companies have yet to publicly announce jointly developed products.
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