China Financial News

In a series of articles this week, Wall Street Journal reporters from around the world go inside the escalating global chip battle. At stake: leadership of an industry expected to double in size by the end of the decade to $1 trillion. Christophe Fouquet recently took the reins of a little-known company that makes some of the world’s most sophisticated machines.

China, according to a Hindustan Times report.In response to this, Canadian Prime Minister Justin Trudeau, in a statement, said that his government takes the issue of foreign interference "very seriously."Also Read | Nvidia hits $3 trillion in value as shares rise 5.2%, chip maker zooms past Apple as second-most valuable companyThe National Security and Intelligence Committee of Parliamentarians (NSICOP), consisting of MPs and senators with top security clearances, released the report amid worsening India-Canada relations, HT said.This comes amid escalating tensions between the countries after Trudeau last year alleged last year that Indian government agents were involved in the killing of Khalistani activist Hardeep Singh Nijjar, a claim New Delhi called "absurd", the paper added.Also Read | Bill Gates memoir 'Source Code' next year: Early years, nearly being kicked out of Harvard, Microsoft & more…The report also suggests that some Canadian MPs may have been influenced by foreign countries. Adding that these MPs may have acted inappropriately in their communications with foreign missions, attempted to "improperly influence" colleagues, and shared privileged information with foreign diplomats.

Voters in the European Union are set to elect lawmakers starting Thursday for the bloc’s parliament, in a major democratic exercise that’s also likely to be overshadowed by online disinformation

The Japanese government data shows the country's birth rate fell to a new low for the eighth straight year in 2023

China announced plans on Wednesday to better measure the carbon content of its products — a key step in reaching its own climate goals and meeting tougher carbon standards overseas.

Uno Minda on Wednesday said it has tied up with China's Suzhou lnovance Automotive Co for production of electric vehicle components. The company has entered into a technical licence agreement with Suzhou for manufacture and sale of select high voltage category electric vehicle products for both passenger and commercial vehicles, Uno Minda said in a statement.

Internet sensation Kabosu, the Shiba Inu of 'Doge' meme fame, passes away at 18; owner announces farewell partyThe incident occurred on Mount Zerbion, located above the resort village of Champoluc in Italy's Aosta Valley region.According to the Italian media outlet Rai, the couple had left early in the morning to reach the peak they both knew. However, when they failed to return, their family alerted the rescuers.A rescue operation was launched immediately with helicopters sent for search to the peak.

The project aims to explore a multi-central bank digital currency (CBDC) platform shared among participating central banks and commercial banks, built on distributed ledger technology (DLT) to enable instant cross-border payments and settlement. It is the result of extensive collaboration starting in 2021 between the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the United Arab Emirates, the Digital Currency Institute of the People's Bank of China and the Hong Kong Monetary Authority.

Ray Dalio said internal conflicts will be the “highlight of this year,” particularly on the issue of whether the US election result will be accepted by both parties. The policies from an administration run by Donald Trump would be very different from a Democratic one, Dalio said during a video speech at the Greenwich Economic Forum in Hong Kong Wednesday. However, on anti-China policies, there’s broad agreement between the two parties.

China on Wednesday congratulated Indian Prime Minister Narendra Modi following his election win, adding it was «ready to work» with its neighbour.

Also Read: Viral video shows window cleaners ‘stranded’ on China's Beijing tower amidst heavy storm | WatchA post shared by NASA Chandra X-ray Observatory (@nasachandraxray)-Search for the “Instagram Chandra" experience.-Choose effects options and confirm the ones you want.-After selecting, you can save the effect to your camera to use in your stories.-Another way to enjoy the effect is by selecting the 'Try it" button for instant access.Also Read: Delhi Heatwave: 'Boiling' water tank video goes viral amid yellow alert. Netizens react, 'warm bacteria free'By using this Instagram feature, people can include the wreckage of stars destroyed in massive supernova explosions, dense cosmic gas and dust, and other such elements in their selfies.

ANI report.“Not ruling out using US military force. There's a distinction between deploying on the ground, air power and naval power," he said during the exclusive interview conducted at the White House on May 28, as quoted by ANI.Biden also said that he had communicated to Chinese President Xi Jinping that the United States would not seek independence for Taiwan, which was in line with Washington's long-standing agreement with Beijing.

Lok Sabha elections in the state. Suresh Gopi, a well-known actor who transitioned into politics, won the Thrissur constituency along the Kerala coast.This is a significant milestone, marking the BJP's first entry into parliamentary representation in Kerala.

Investor sentiment is fragile as Asian markets reach the mid-point of the week, with bubbling angst and political volatility across the emerging world compounding deepening concern over U.S. and global economic growth. Indian assets, in particular, have been on a wild ride this week in response to the country's general election result, a strong safety bid is driving the Japanese yen higher, and regional stocks are now down four out of the last five days.

BJP has erased almost all the gains made by the Nifty this year in just one day. The Nifty fell by 1,379 points or 5.93% on Tuesday, but it still trades at an expensive valuation compared to global markets, with 21.27 times its one-year forward earnings, second only to Japan. Both India and Japan have experienced sharp rallies, driven by rapid economic growth in India and corporate reforms in Japan. Currently, the Chinese market is trading at 11 times its one-year forward earnings, while Singapore, Korea, Hong

election outcome has come against the market and exit polls estimates. The focus will now be on government formation, analysis of the election verdict by political parties and recalibration of policies. It is likely that support for consumption at the bottom of the pyramid will be considered to create inclusive growth. The markets will take their time to analyse these developments.

SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing environment.

Lok Sabha elections 2024 Results: June 4 is here, and people across the world have set their eyes on the clock as the biggest democracy is all set to get its new government. The year 2024 is packed with elections across several nations, and India's general election is one of the most crucial ones, as the new government will be formed amid intense geopolitical tensions and wide trade disruptions.

Biden is fine with Modi 3.0, even in its diminished capacity. The India-US partnership has grown substantially, serious problems have been tackled with finesse, and the future shows new possibilities. Continuity trumps change in this case, especially with concerns in Washington of a possible lurch far to the right now considerably dampened with a coalition NDA government in New Delhi.

defence agreement with the Maldives, China's Ambassador here has met with the island nation's defence minister to discuss «the strengthening of military ties and the security and safety of the two countries.» Chinese Ambassador to Maldives Wang Lixin paid a courtesy call on Defence Minister Ghassan Maumoon on Monday, news portal Adhadhu.com reported.

Election Results 2024: Senior Congress leader Rahul Gandhi on Tuesday secured victory from the Wayanad parliamentary constituency of Kerala by a margin of 3,64,422 votes against Communist Party of India's (CPI) Annie Raja and Bharatiya Janata Party's (BJP) K Surendran. Moreover, he is all set to win from his second seat in Uttar Pradesh's Rae Bareli as he is leading by almost 4 lakh votes against his closest rival and BJP candidate, Dinesh Pratap Singh.Rahul Gandhi has not yet revealed the constituency he will represent in the Lower House of Parliament, and it remains to be seen how Congress plays out and manages to retain both seats. In a press conference, Rahul Gandhi thanked the people of Wayanad and Rae Bareli and said that he would make a decision soon.