China Financial News
21.10 / 04:27
markets
UPS
Analysis
Research
Trade
2020
$10 billion sale! FII selling breaks all records. Is it just about China?
Although it comes on a higher base, October is turning out to be the highest-ever month in terms of FII selling. Back in March 2020, when FIIs had sold Indian stocks worth $7.9 billion (Rs 58,632 crore), Nifty had the month down 23% despite domestic institutional investors (DIIs) matching the selling with buying of Rs 55,595 crore.
21.10 / 04:15
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economy
Trade
President
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IMF Warning: World’s $100 trillion fiscal timebomb keeps ticking
Two weeks ahead of a potentially era-defining US election, and with the world’s recent inflation crisis barely behind it, ministers and central bankers gathering in the nation’s capital face intensifying calls to get their fiscal houses in order while they still can.
21.10 / 03:01
markets
Digital
Strategy
Sustainability
Deloitte
reports
strain
Naomi Osaka season over because of injury
Tokyo: Naomi Osaka's season appears to be over after she said she will not play at next month's Billie Jean King Cup finals because of injury. The four-time Grand Slam singles champion said in Tokyo on Sunday that she had ruptured abdominal muscles. «I thought I strained my back, but I did an MRI in Beijing and they said that I bulged a disc in my back and I also ruptured abdominal muscles,» Japan's Kyodo News agency reported the 27-year-old as saying.
21.10 / 02:39
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Election
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Donald Trump has the edge for now
Subscribe to enjoy similar stories. The question is simple: Who is going to win in November? The answer is complex, because it derives from a mix of many different trends and campaign efforts that must come together to produce a single result. At this point Donald Trump has an edge, but that edge could easily disappear.
21.10 / 00:01
markets
Digital
Strategy
Sustainability
Trade
country
guidelines
Ministry may soon tap Cabinet for green flag on FTA SOPs as new guidelines nearly readly
standard operating procedure (SOP) for negotiating its free trade agreements (FTA) and address new issues — labour, environment, digital services, gender and indigenous peoples and has temporarily paused some new trade pacts. Officials said a review of India’s trade pact with the UAE in two years after it came into force and a rise in sustainability measures being imposed by the US and the EU, have led the government to develop a new FTA strategy. These guidelines will be based on reciprocity and stronger rules of origin to prevent Chinese products entering India by misusing any of the trade pacts. “The SOPs are almost ready and we will go to Cabinet for its approval,” said an official. The SOPs assume significance as India is negotiating trade pacts with the UK, the EU, Peru, Oman, Chile and a comprehensive trade deal with Australia.
20.10 / 19:43
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IBM
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stage
classical
Features
Mental Outlaw Challenges China’s Alleged Encryption Breakthrough, Cites Quantum Challenges
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
20.10 / 18:15
UPS
Cooper
Stealth
country
Japan, UK and Italy to expedite next-generation fighter jet to replace F-2s and Eurofighter Typhoons
The defense ministers of Japan, the U.K. and Italy have agreed to accelerate the joint development of a next-generation fighter jet
20.10 / 15:47
UPS
War
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rights
Arsenal
Scatter and survive: Inside US military shift to deny China ‘big, juicy’ targets
Subscribe to enjoy similar stories. The remote Pacific airfield used to launch the atomic bombings of Japan during World War II is being revived with a different foe in mind: China. Runways emerging from the encroaching jungles on the tiny island of Tinian, a U.S.
20.10 / 15:29
markets
Digital
CEO
Strategy
Remark
students
'Kerala could be as rich as Taiwan if only...': Zoho CEO Sridhar Vembu to former minister
Sridhar Vembu, CEO of Zoho Corporation, has expressed his belief that Kerala has the potential to achieve economic prosperity comparable to that of Taiwan. His comments were made in response to a tweet by Thomas Isaac, a member of the Central Committee of Communist Party of India, who highlighted the recent electoral success of the Student Federation of India (SFI) in college union elections across the state. “I say all this as a person who loves Kerala. Kerala could be as rich as Taiwan,” Vembu remarked on X, raising concerns about the significant outflow of talented youth from the state. He pointed out that many graduates are leaving Kerala to pursue job opportunities in other states or abroad after completing their education.
20.10 / 13:51
markets
security
Trade
country
reports
International
India to take on China on GI listings by tapping goods district-wise
Subscribe to enjoy similar stories. New Delhi: With an eye on China, India is intensifying efforts to expand the number of Geographical Indication (GI) products to scale up exports and secure premium pricing in global markets, two people aware of the development said. GI products play a critical role in export promotion by highlighting the unique qualities tied to specific regions, cultures, and production methods.
20.10 / 12:11
markets
Provident
Digital
Strategy
Southern
country
reports
'Have more children': Andhra Pradesh CM Chandrababu Naidu's strategy to address ageing southern states
Andhra Pradesh CM N Chandrababu Naidu called on people in southern states to have more children, citing concerns about an ageing population. He said the state govt is planning to implement "population management", including considering new legislation to incentivise families with more kids, as per a TOI report. «The state govt is thinking of bringing a law that would make only those with more than two children eligible to contest local body elections,» Naidu said. He also mentioned that the state had earlier passed legislation barring people with more than two children from contesting local polls. «We have repealed that law, and we are now considering reversing it...Govt may provide more benefits to families with more children,» he said.
20.10 / 11:59
markets
UPS
Platform
Entertainment
Netflix
show
audience
Anime is Japan’s next global champion
Subscribe to enjoy similar stories. Move over, Marvel. The next blockbuster entertainment franchise might come from Japan.
20.10 / 10:59
markets
Citi
country
testing
India to use Russian rail to bring Mongolian coking coal to Vladivostok
Subscribe to enjoy similar stories. As part of its plans to ink long-term coking coal import contracts with Mongolia to meet the needs of domestic steelmakers, India is working out supply routes from the landlocked country, with plans to leverage the Russian Trans-Siberian Railways to bring coal to port city of Vladivostok and then ship it to India, and deliver coal at Chennai port. Government is also developing Estern Maritime Corridor linking eastern ports of India to Russian port in Vladivostok.
20.10 / 08:47
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Digital
Strategy
Experts
PAM
social
Union Minister Giriraj Singh accuses Congress, RJD of temple vandalism in Bihar
Giriraj Singh has alleged that members of the Congress and RJD vandalised a temple and its idol in Sanhaula, Bhagalpur, at 5 a.m. on Sunday. Speaking to ANI, Singh said, «Some individuals have vandalised a temple and its idol in Sanhaula, Bhagalpur, at 5 a.m. I have received information that the RJD and Congress are responsible for this. Their aim is to incite riots and make it seem as if this occurred after my visit. I want to make it clear to the administration that the RJD and Congress are behind this. Rahul Gandhi has openly allowed for civil unrest in the country. The real culprits must be apprehended.» Earlier today, Giriraj Singh claimed that Hindus from the JD(U), RJD, Communist parties, Congress, and BJP are supporting his 'Hindu Swabhiman Yatra' in Bihar.
20.10 / 06:41
markets
Digital
Food
Experts
Universities
reports
China's economic woes hit delivery workers hard, paychecks shrink by 1,000 Yuan
food delivery industry, once a thriving sector that expanded during the Covid-19 pandemic, is now facing a downturn, according to a report by CNN. Having more than doubled in size over three years, this industry — the world's largest by revenue and volume of orders — had provided a steady income for casual workers. However, the workers are now struggling to make ends meet. China's economic slowdown, prompted by a property crisis and weak consumer spending, has hit delivery workers hard, decreasing their incomes and job stability.
20.10 / 04:19
markets
UPS
IPO
Compilation
Trade
Experts
performer
Asian IPOs set for blockbuster week as ‘Animal Spirits’ return
Around 20 companies from Asia Pacific are listing shares next week in deals that may raise as much as $8.3 billion, the biggest weekly volume since April 2022, according to data compiled by Bloomberg. The heavy supply includes deals from China, India and Japan, underscoring the broad revival in share sales across the region.
20.10 / 04:19
markets
UPS
Research
Trade
Experts
country
India boom set to drive private credit and bond expansion
And Prime Minister Narendra Modi’s ambitions to fashion a developed nation by 2047 — India’s centennial as an independent country — has some of the world’s most deep-pocketed investment firms lining up to get a piece of the action. They’re betting the transformation will inevitably lean heavily on the country’s developing credit market.
19.10 / 15:53
markets
Waves
Man
Strategy
Research
Investigations
By 2050, will China’s lunar station change the face of space exploration? Here's what we know
lunar space station and exploring the potential for habitable planets. This roadmap, revealed on Tuesday by China’s leading space authorities, outlines a comprehensive strategy that will unfold from 2024 to 2050, marking a pivotal chapter in the nation's space exploration efforts.
19.10 / 13:43
UPS
Action
Continental
Barcelona
Trade
travelers
The global tourism boom is shifting to Asia
Subscribe to enjoy similar stories. Tourism is back, at last. This year the number of trips abroad is expected to overtake levels reached in 2019.
19.10 / 09:49
markets
Citi
Strategy
Death
Myanmar
Experts
reports
China consulate in Myanmar hit with explosive device: Report
Myanmar's Mandalay city was attacked with an explosive device, local media said Saturday, adding that no deaths or injuries were reported. The blast occurred at the consulate office in central Mandalay, south of the sprawling Royal Palace, around 7 pm local time Friday (1230 GMT Friday), local media said. China is a major ally and arms supplier to Myanmar's junta, but it also maintains ties with ethnic groups fighting the military in Myanmar's northern Shan state, according to analysts.
19.10 / 00:17
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prevention
Investigations
India plans ‘safeguard duty’ to protect steel companies from cheap imports
Subscribe to enjoy similar stories. New Delhi: The Indian government is considering a safeguard duty on steel imports to curb the influx of cheap steel into the country and protect the domestic industry. Imported steel, especially from China, costs about 30% less than domestic steel even with customs duty factored in, according to industry estimates.
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