China Financial News

Chinese coast guard ship have fired water cannons, blocked and rammed a Philippine fisheries vessel in the disputed South China Sea, where hostilities between the Asian neighbors have flared alarmingly at sea and spread into the air in recent weeks

India's Tanvi Patri clinched the under-15 girls singles title at the Badminton Asia U-17 & U-15 junior championships after she defeated Thi Thu Huyen Nguyen of Vietnam in straight games in the final in Chengdu, China on Sunday. The 13-year-old Patri, seeded No. 1, wrapped up the proceedings in just 34 minutes as she cruised to a 22-20 21-11 victory over her second-seeded opponent in the summit clash. With the feat, Parti joins the likes of Samiya Imad Farooqui and Tasnim Mir who had won the U-15 girls singles crown in 2017 and 2019 respectively.

Pakistan has extended an invitation to Prime Minister Narendra Modi, along with other leaders of the Shanghai Cooperation Organisation (SCO), for the upcoming Council of Heads of Government (CHG) meeting in October this year, reported The Times of India. However, it is unlikely that Modi will visit Islamabad, though it remains to be seen if he will delegate a minister to represent India, as has been done in the past, considering the strained relations between the two nations, the report added. Pakistan is set to host the CHG meeting on October 15-16, as it currently holds the rotating chairmanship of the council, the second most important decision-making body within the SCO, following the Council of Heads of State. While Modi regularly attends the heads of state summits, he skipped the recent one in Kazakhstan due to a scheduling conflict with a Parliament session in early July.

North Korea vowed Saturday to advance its nuclear capabilities, reacting to a report that the United States had revised its own nuclear strategic plan. The country will «bolster up its strategic strength in every way to control and eliminate all sorts of security challenges that may result from Washington's revised plan», the official Korean Central News Agency (KCNA) reported. The New York Times reported this week that a US plan approved by President Joe Biden in March was to prepare for possible coordinated nuclear confrontations with Russia, China and North Korea.

from all the lands on earth we come". In its most evolved stage, you could call it MasterChef Australia cuisine. That kind of food was not very cheap, and I did not come across very much of it during my two-week sojourn.

dire need of food, a fifth of them on the edge of famine. It is to ignore a looming migration crisis as Afghans try to leave for anywhere offering hope of a job. It is to ignore the ravages of climate change, which is worsening the country’s periodic droughts.

the world's largest hotel franchising company, will launch its first luxury hotel in India with the opening of the Wyndham Grand in Udaipur next year, and the chain is also considering 'strategic alliances' with white label operators to boost its presence in the country and bring in more brands, said Dimitris Manikis, president for Europe, the Middle East, Eurasia, and Africa (EMEA), Wyndham Hotels & Resorts, in an interview. The chain has also appointed Shailender Singh as the market managing director for Eurasia. Wyndham has 60 operational hotels in India, with 45 hotels in the pipeline. Wyndham's upcoming hotel openings for this year include new properties in Srinagar, Nainital, Ayodhya, Vrindavan and Wayanad. «This is India's decade and Wyndham has to be one of the key players in India's hospitality sector. There is no better time to be in India than now,» said Manikis.

United States has emerged as India's top trading partner in January-June this year, while the country has recorded its highest trade deficit of $41.6 billion with China during the period, think tank Global Trade Research Initiative (GTRI) said Friday. India exports goods to 239 countries of which 126 countries showed positive growth in exports. Imports from Russia grew to $34.4 billion from $30.8 billion, a 11.65% increase. It also said the country's merchandise exports rose 5.41% to $230.51 billion during the first half of 2024, led by sectors like iron ore, pharmaceuticals, precious stones, basmati rice, chemicals, and smartphones.

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...

IMF's approval. Finance Minister Muhammad Aurangzeb and his team had a virtual meeting with Dr Adnan Chilwan, Group CEO of Dubai Islamic Bank, on Thursday, the Dawn newspaper reported on Friday. On Wednesday, a similar interaction was held with Mashreq Bank President and Group CEO Ahmed Abdelaal. Both meetings had been arranged to «discuss the economic outlook and explore investment opportunities in Pakistan». For the current fiscal year, Pakistan has pitched about USD 20 billion in foreign borrowing in the budget, besides another USD 3 billion rollover from the UAE that was reported separately for the balance of payments. With this much borrowing, Pakistan's reserves are estimated to grow to about USD 19-20 billion by the end of the current fiscal year.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

The East Indian Cookery Book, an anthology of recipes from one of the city’s most prominent communities, the East Indians. The rare, out-of-print book is special to Gresham Fernandes, chef partner at Bandra Born, who belongs to this community, because it holds recipes for fugyas, a wedding pickle made with toddy vinegar and vindaloo, which have influenced his repertoire. Fernandes is an avid reader with an impressive collection of 800 books, ranging from food writing to culinary culture.

Baidu said its leading position in AI in China means it is well positioned to navigate an increasingly competitive market despite reporting a decline in quarterly revenue. The comment came amid an AI price war in China, where companies have slashed prices of large language models used to power generative AI products. «Competition will be fierce over the next 2 to 3 years.» Baidu CEO Robin Li said in an earnings call following the company's Q2 release.

₹778 crore, solely for electric two- and three-wheelers, with an initial run-time of four months, which was later extended till September. For OEMs, this impending tightening could trigger a significant shift in their operational strategies. The PMP is crucial because only manufacturers that comply with its criteria are eligible for government incentives under schemes like FAME and the EMPS.

Wukong exemplifies the growing maturity of China's gaming sector and the integrated resource capabilities of Chinese producers. With this release, Chinese game developers enter a market that has long been dominated by triple-A Western titles. Due to this innovation, Chinese is now the default language in triple-A games instead of English. The Guardian, a British newspaper, praised the game for its stunning visuals, cinematic beauty, and refreshing sense of speed, as well as its fluid-feeling combat. It described Wukong as the most thrilling and contentious video game of the summer. The majority of the hype, which has been accentuated by Chinese state media, is for the action, design, and playability of the game. Also Read: Did Obama really use the Trump D*** Joke? Here's what his speechwriter is saying

Jill Biden at the 2024 Democratic National Convention in Chicago garnered attention for her footwear selection. Biden arrived at the conference on Monday wearing a stunning pair of pointed footwear that soon became the center of attention, as per the reports of Yahoo entertainment. Ralph Lauren's sparkling blue minidress, which Jill Biden wore with a statement pair of silver shoes, was the talk of the occasion. The sharp, triangular shape of these pumps stood out against the blue color of her dress, highlighting her entire look. The heels are believed to be the Jimmy Choo Romy 85 Glitter Pumps, though this has not been formally confirmed. They are estimated to be between three and four inches tall. The coarse glitter fabric and leather construction of these shoes, which retail for about $825, give her entire ensemble a more sophisticated touch.

Self-driving technology company WeRide delayed its plan for an initial public offering in the U.S., citing its need for more time to complete documents.

tax disputes with major companies including Infosys Ltd. and foreign airlines, people familiar with the matter said, suggesting New Delhi is open to making accommodations to avoid hurting investor sentiment in the South Asian nation. Authorities are exploring options to settle with companies including Infosys, which last month got hit by a demand for 324.03 billion rupees ($3.9 billion) in back taxes dating back to 2017, the people said. Authorities at the time cited non-payment of taxes on expenses incurred by overseas offices of the company, which provides IT services to banks and other multinational corporations from the US to Europe. Also Read: Infosys accused of Rs 32,000-crore GST evasion: Here are 10 things to know

A flood of Chinese products into Indonesia has hit local manufacturers hard, prompting the government to look for ways to placate domestic producers while avoiding angering the country's biggest trading partner

The Chinese Commerce Ministry said Wednesday that it would launch an investigation into subsidies given by the European Union and EU member countries for dairy products that could lead to tariffs on their export to China. The announcement came one day after the EU released a draft decision to finalise tariffs on electric vehicles made in China, in a follow-up to provisional tariffs announced last month. The tariffs have been denounced by the Chinese government and automakers and threaten to set back the industry's efforts to go global.

crude oil paused on Thursday after expectations of a rate cut by the Federal Reserve offset a bunch of weak economic data from the world's two largest economies, the United States and China. Brent crude futures were 3 cents up to $76.08 a barrel. U.S. West Texas Intermediate crude futures fell 5 cents to trade at $71.88 at 0036 GMT. Both contracts lost over $1, or more than 1%, in the previous session.