China Financial News

Prime Minister Narendra Modi — fresh from declaring victory in India’s election — offered few details on the agenda for his third term

China’s exports for May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations, according to customs data released Friday

Humanoid Robot Developer Conference watched in fascinated unease.

several chemical stocks are still 10-33% away from hitting their 52-week high, which is indicative of the potential upside. "The chemical sector appears to be at the bottom of the cycle, indicating potential recovery ahead," said Resham Jain, fund manager at DSP Mutual Fund.

Taiwan's Ministry of National Defence has detected six Chinese military aircraft, six naval vessels, and four Coast Guard ships around the nation between 6 a.m. on Thursday (June 6) and 6 a.m. on Friday (June 7), according to Taiwan News.

₹995.30 apiece on BSE, the stock touched an intraday high of ₹1,064.85, and an intraday low of ₹981.30. On Thursday, Uno Minda's share price shot up by 19% in the intraday session, setting a new lifetime high of ₹1,025, exceeding the ₹1,000-mark for the first time.

MintGenie, Singh said that fintechs and NBFCs can play a considerable role in solving the credit accessibility and creditworthiness of SMEs and MSMEs.India’s micro, small, and medium enterprises (MSME) sector, the second largest in the world after China, is poised for significant growth in the future. The landscape for MSMEs is being shaped by various key trends in 2024, presenting both opportunities and challenges in a rapidly evolving business environment.

BEIJING — Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe.

United States Bipartisan Commission on Biodefence have issued a stern warning to NASA to focus on stopping 'space viruses' that may pose a danger to humanity and put us again into a Covid-pandemic scenario. According to the latest report released by the Commission, NASA has been asked to switch its focus from 'aliens' to real threats like these space viruses.

Federal prosecutors this week arrested the chief financial officer of The Epoch Times and said he directed millions of dollars gained through criminal schemes to the company and himself

₹6,500, sees an upside potential of 10.73 per cent.“The stock has corrected well and has consolidated near 5700 levels to maintain a good base taking support and currently we anticipate a bounce back with strength and potential to rise further in the coming days," Parekh said.Also read: Chandan Taparia recommendations: How to trade Escorts, Dixon Tech, Glenmark Pharma shares on June 7?“The RS has shown signs of positive bias and with good volume participation witnessed, we suggest to buy and accumulate this stock for an upside target of 6500 levels keeping the stop loss of 5650," she added.Dr Reddy's shares was trading 1.29 per cent higher on Thursday, June 7. The stock closed at ₹5,899.40 per share, against previous close at ₹5,824 on Wednesday.Dr.

Bloomberg.ALSO READ: After $2 trillion gain, Nvidia is still irresistible to many“With a total market capitalisation of about $9.2 trillion, the three most valuable tech firms have overtaken all of the nearly $9 trillion worth of stocks actively traded on Chinese exchanges excluding Hong Kong," said Bloomberg, citing data.Investors are bullish on Microsoft, Apple and Nvidia due to their powerful competitive positions, fat profit margins and strong balance sheets.Chipmaker Nvidia, the world’s second most valued company, saw its market capitalisation touching $3 trillion this week.Nvidia stock rose 5.2 per cent to end at $1,224.40 on Wednesday, valuing the company at $3.012 trillion.It advanced almost 2 per cent in New York premarket trading on Thursday after it became the first computer chip company to surpass $3 trillion in value.ALSO READ: Federal regulators grant antitrust probe into Microsoft, OpenAI and NvidiaThe chipmaker is preparing to split its stock 10-for-one, from June 7, a move that could increase its appeal to individual investors.So far in 2024, Nvidia’s stock has surged 147 per cent.In a race to dominate the AI market, Microsoft recently said that it is infusing AI features into its products and services.Earlier this week, Microsoft-backed OpenAI had said it would release a new AI model called GPT-4o which will be capable of realistic voice conversation and able to interact across text and image.The Redmond-based IT major is the world's most valuable company, ahead of Nvidia and Apple, with $3.15 trillion in market capitalisation.

Stocks to buy: The Indian stock market sustained its positive momentum, indicating stability post the Lok Sabha election 2024 results, on June 7. Both the Sensex and the Nifty 50 indices climbed by almost 1 percent each, marking the second successive session of gains.

Apple's folding iPhone has been a steady rumor for a long time and ever since Samsung introduced its folding Android smartphone, all eyes are now on Apple for it to roll out its state-of-the-art folding device.

US trade deficit expanded slightly less than analysts expected in April, to the widest since late 2022, as imports rose more quickly than exports, according to government data released Thursday.

Congress on Thursday listed 15 descriptions of PM Narendra Modi under the title "Kaun hain Narendra Modi?" (Who is Narendra Modi?). These descriptions include allegations that the PM misled the public with trivial issues such as mutton, fish, mangalsutra, and buffalo during elections. Congress has listed 15 reasons explaining 'Kaun hain Narendra Modi?' in the eyes of new India:

Viral video shows window cleaners ‘stranded’ on China's Beijing tower amidst heavy storm | WatchInitially, a tent can be seen being knocked down by the wind in the viral video as chairs sliding across. In the chaos of it all, what really catches the eye of the viewers is when a man is seen being swayed away with his huge patio umbrella.

A college student in China has been sentenced to over four years in prison for a crypto fraud related to the issuance and withdrawal of a self-created token.

With the Bharatiya Janata Party-led National Democratic Alliance winning a third consecutive term, Prime Minister Narendra Modi is all set to remain the longest-serving G20 leader after Russia’s Vladimir Putin and China’s Xi Jinping for five more years. As of 6 June 2024, Modi had served 3,664 days in office since being sworn in as India's prime minister on 26 May 2014. He is already the third-longest serving G20 leader, and will extend his record.

barred India's Tesla Power from publishing advertisements with a Tesla trademark, after Elon Musk-led Tesla Inc. sued the Gurugram-based company for using its trademark. Tesla Inc.

Chinese visa scam case: Delhi's Rouse Avenue Court has on June 6, granted “regular bail" to Congress leader Karti P Chidambaram in money laundering case, ANI reported.Earlier in April, Justice Kaveri Baweja, Special judge for Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) cases had granted interim bail to three accused in the case on personal bonds of ₹1 lakh each, as per a PTI report. Track | Lok Sabha Election Results 2024 LIVE Updates hereThese included Chidambaram's former chartered accountant S Bhaskararaman, besides Vikas Makharia and Mansoor Siddiqi, it added.The ED has registered a money laundering case against Karti Chidambaram and other accused in the alleged scam pertaining to issuance of visa to 263 Chinese nationals in 2011 when his father and senior Congress leader P Chidambaram was the Union Home Minister.Also Read | Nitish Kumar's two-word advice to Narendra Modi at NDA meeting: ‘Jaldi Kijiye’As per the ED, the volume of the laundered money is yet to be established and the alleged payment of ₹50 lakh bribe, as mentioned in the CBl case, cannot be considered as the basis of the present case.The ED registered its case under the provisions of the Prevention of Money Laundering Act (PMLA) following an FIR lodged by the CBI in the same case.Chidambaram was latest in the news for defeating AIADMK's Xavierdass by a margin of 2,05,664 votes from Sivaganga Lok Sabha constituency in Tamil Nadu in the just concluded General Elections.Also Read | Bill Gates memoir 'Source Code' next year: Early years, nearly being kicked out of Harvard, Microsoft & more…Chidambaram won Sivaganga Lok Sabha seat with 4,27,677 votes on June 4.