China Financial News

25.07 / 13:31

markets Tesla NVIDIA Immunic Trade Schools International The lower the AI exposure, the bigger the problem for Europe's chip firms

semiconductor firms less exposed to AI chips slumped on Thursday as falling demand from their key automotive and industrial clients hit business prospects, on top of a wider sector correction.

25.07 / 12:51

Target Remark Research pandemic reports Interviews China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow

SHANGHAI — China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the Covid-19 pandemic.

25.07 / 12:48

markets COST UPS Manufacturing Gap President Lowered customs may improve India’s global position in apparel and footwear market

apparel and footwear may become a larger part of the global sourcing for brands like Zara, H&M, Marks and Spencer and Gap with finance minister Nirmala Sitharaman announcing a lot of exemptions on import duties of raw materials for apparel and footwear only when they are further exported. Local manufacturers said this will make the Indian produce price competitive in the global market compared to Bangladesh, Vietnam, Cambodia, China, and Southeast Asian nations.

25.07 / 10:16

Provident Manufacturing Strategy Align WhatsApp Diversity performer BPEA Credit commits Rs 250 crore to DMW group

BPEA Credit has committed Rs. 250 crore worth of funds to DMW Group which is engaged in the niche precision manufactured components space, according to a statement from the private credit investor. The funding includes a green shoe option.

25.07 / 04:39

markets Manufacturing Tesla Research President innovations reports Chinese EV startups are spending more on research than Tesla is

BEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis of the four automakers' first-quarter earnings.

25.07 / 04:32

Provident CEO security President country Inside US tariffs Chinese officials warn of risks from higher US tariffs, urge US business leaders to help mend ties

Chinese officials have warned a delegation of top U.S. executives visiting Beijing this week that higher tariffs on imports from China will harm their businesses inside the country

25.07 / 03:51

Citi security Apple Freedom country 2020 Courts Publisher Jimmy Lai will testify in his defense at Hong Kong national security trial, lawyer says

A lawyer says activist publisher Jimmy Lai will testify in his defense at his Hong Kong national security trial

24.07 / 18:04

FIVE Inside hospital Department Relationships Washington back to its old India ways?

Modi and Vladimir Putin. America is deep in the throes of election politics — Donald Trump's escape from near-death, Joe Biden's exit and Kamala Harris' entry into the presidential race are dominating the headlines. Tempers have calmed somewhat but all is not well in the realm.

24.07 / 17:11

Booking BBC Death love reports Interviews Relationships Keanu Reeves' Journey through life, death, and fiction, What did it entail?

Keanu Reeves, who is well-known for his famous roles, disclosed that he thinks about dying all the time. Reeves, aged 59, admitted in an interview with BBC News that he often thinks about his own death. Though these ideas may be strong, he stressed, they also foster a greater respect for relationships and life in general. Reeves wanted to say that this knowledge, even if it sounds scary, can lead to a life that has more purpose, as per the reports of MSN.

24.07 / 16:26

UPS MET Opinion reports athletics Team USA to win maximum Paris Olympics 2024 medals, predicts supercomputer, here's what we know

Paris Olympics medals tally, followed closely by Great Britain, whose medal prospects also look very high this time around.

24.07 / 15:43

UPS Action wellness information travelers Updates Have secrets, will travel? Not so fast, China says

SINGAPORE—China’s government is tightening its rules on the protection of confidential information, including intensified scrutiny on international travel by people privy to state secrets, as concerns over espionage rise amid an increase in global tensions. The changes also put a heavier burden on the country’s internet companies to stop leaks of sensitive information.

24.07 / 15:40

Crypto Payment Bitcoin Crypto Adoption Ferrari to Expand Crypto Payment Option to European Dealerships, Following US Launch

Ferrari has announced plans to extend crypto payment options for its luxury sports cars to its European dealership network starting at the end of this month.

24.07 / 13:27

Cooper security Photos country reports International SCO countries hold anti-terror drills with member states in China

Shanghai Cooperation Organization (SCO) held a joint anti-terrorism drill in China focussing on live drills and specialised operations such as the «eradication of terrorist groups,» China's Ministry of Public Security has said. The 'Interaction-2024' joint counter-terrorism exercises were held recently in northwest China's Xinjiang Uygur Autonomous Region, the Ministry said.

24.07 / 12:08

UPS Waters Southern Research 2020 reports isolate Chinese scientists find traces of water in lunar soil brought by Chang'e-5 mission

Chinese scientists studying the soil samples of the moon brought by Chang'e-5 mission found water molecules in lunar soil, according to the Chinese Academy of Sciences (CAS). The research — carried out jointly by researchers from the Beijing National Laboratory for Condensed Matter Physics and the Institute of Physics of CAS and other domestic research institutions — was published in the peer-reviewed journal Nature Astronomy on July 16, the Hong Kong-based South China Morning Post reported.

24.07 / 11:20

UPS Manufacturing security electronic 2020 Relationships Modi govt may ease curbs on some Chinese investments

India is likely to ease restrictions on Chinese investment in non-sensitive sectors like solar panels and battery manufacturing where New Delhi lacks expertise and which hinders domestic manufacturing, two government sources said.

24.07 / 08:20

Cooper Citizens CEO wellness President International Japan protests against Russia's entry ban on 13 mostly business leaders over sanctions

Japan’s government says it has protested against Russia’s announcement that it is permanently banning 13 Japanese citizens, mostly business leaders of prominent companies including Toyota Motor Corp., in retaliation for Tokyo’s sanctions over the Russi...

24.07 / 07:59

markets Provident wellness Chevrolet performer reports International A very strong quarter at General Motors is overshadowed by potential headwinds for industry

U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago

24.07 / 07:30

markets UPS security Nikkei President Justice Department China's Baosteel to buy out Nippon Steel's 50% stake in auto steel venture

China’s Baosteel says it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242 million

24.07 / 06:56

President War stage reports SOLIDARITY The Palestinian Authority and Hamas strike a deal in Beijing

The Biden Administration has been consistent: The Palestinian Authority must rule Gaza after the war. The White House dismisses Israel’s protests that the PA supports terrorism and is too feeble to resist Hamas as domestic political pandering. The only way to defeat Hamas in Gaza, says the U.S., is to hand the keys to Mahmoud Abbas and a “revitalized" PA.

24.07 / 06:13

Manufacturing Analysis VanEck Research Trade stage reports Major global chip equipment makers' China revenue share has doubled since U.S. imposed export controls

BEIJING — Four of the world's largest semiconductor equipment manufacturers, including ASML, have seen the share of their China revenue more than double since late 2022, Bank of America analysts said in a report Monday.

24.07 / 04:22

UPS WhatsApp Nestle Trade reports travelers Sensex, Nifty edge lower as tax hike on capital gains dents sentiment

Union Budget, Indian benchmark equity indices opened marginally lower on Wednesday, weighed down by index heavyweights Reliance Industries, banking, and financial stocks. The BSE Sensex was trading 37 points, or 0.05%, lower at 80,396. The Nifty50 was down 28 points, or 0.11%, trading at 24,451 around 9:20 am.

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