China Financial News

China as Taiwan's main export market for four consecutive months due to a surge in demand for microchip products and AI technology, Taipei's Finance Ministry said Friday. Self-ruled Taiwan is a microchip-manufacturing powerhouse, churning out the world's most advanced silicon wafers necessary to power everything from e-vehicles and satellites to fighter jets and increasingly to power AI technology.

The U.S. and Japan have outlined plans to invest in infrastructure, semiconductor and nickel projects in the Philippines as the three countries seek to deepen ties amid tensions with China. The initiatives, outlined in a joint statement by the countries’ leaders late Thursday, were announced as Philippine President Ferdinand Marcos Jr.

Dan Savickas, director of policy for the Taxpayer's Protection Alliance, spoke to FOX Business about former President Trump's proposed 60% tariff on Chinese imports and the effects of tariffs on American consumers.

HashKey Group COO Livio Weng is reportedly concerned Hong Kong’s recent regulations around crypto trading may impede access for international clients.

Gold jumped to another record as the safe haven asset was boosted by simmering Middle East tensions.

Also Read: Chinese Investors Snap Up Copper, Gold Stocks to Drive 10% Gains In the USA, manufacturing grew for the first time in one-and-a-half years in March, with significant increases in production and new orders. Similarly, China's manufacturing activity expanded for the first time in six months in March, signaling a recovery despite ongoing challenges in the property sector. However, analysts are anticipating that China will announce more stimulus measures to revive the challenges in the housing sector, which could further fuel demand for metals.

Ethnologue data). This may be a function of a more globalised world and the need for a common language. Interestingly, English is not a rigid language and has various versions across different geographies to help the local population converse more seamlessly.

HashKey CEO Livio Weng criticized Hong Kong’s recent regulations around crypto trading, expressing concerns that they may impede access for international clients.

Vietnam, however, it is rare in financial crime cases and for someone this well known. Lan was involved in the 2011 merger of the troubled Saigon Joint Commercial Bank, or SCB, with two other lenders in a plan coordinated by Vietnam’s central bank. According to the government documents, Lan is accused of using the bank for personal gains, illegally controlling it between 2012 to 2022.

Day trading stocks to buy today: On account of strong global market sentiments despite the global rating agency Fitch downgrading its outlook for China, the Indian stock market ended higher on Wednesday. Two out of three benchmark indices — the Nifty 50 and the Bank Nifty — climbed to a new peak of 22,775 and 49,057 respectively. The Nifty 50 index had the highest-ever closing of 22,753 as well.

U.S. Cybersecurity and Infrastructure Security Agency said Russian government-backed hackers have used their access to Microsoft's email system to steal correspondence between officials and the tech giant, an emergency directive by the U.S. watchdog released on Thursday showed. In the directive dated April 2, the agency warned that hackers were exploiting authentication details shared by email to try to break into Microsoft's customer systems, including those of an unspecified number of government agencies.

Biden administration to stop approving any more flights between the United States and China. This comes as they said due to “anti-competitive" policies that China imposes on the US carriers. On Thursday, the airlines and unions claimed that China closed its market to US carriers at the outbreak of the pandemic.

Sensex surged 354.45 points, or 0.47%, to close at 75,038.15, while the Nifty 50 settled 111.05 points, or 0.49%, higher at 22,753.80. “We expect the ongoing up-move to continue in the market. The broader market too is likely to continue its outperformance along with stock-specific action on the back of strong domestic flows and healthy business updates.

Joe Biden and Philippines President Ferdinand Marcos Jr. unveiled a wide range of agreements to enhance security and economic ties during meetings held at the White House this week. Here are some of the most notable:

Carnegie Endowment said the US has limited ability to influence the trajectory of emerging powers such as India. In a report released Tuesday, it said besides India, other emerging powers—Argentina, Brazil, Indonesia, Mexico, Nigeria, Saudi Arabia, South Africa, Thailand and Türkiye—have taken stances that contrast or directly clash with US positions on China and Russia over the past few years.

Biden said Thursday that U.S. defense commitment to Pacific allies was «ironclad» as he gathered Philippine President Ferdinand Marcos Jr. and Japanese Prime Minister Fumio Kishida at the White House in the midst of growing concern about provocative Chinese military action in the Indo-Pacific. The U.S. and the Philippines have had a mutual treaty in place for more than 70 years. Biden's forceful reinforcement of the American commitment comes in the midst of persistent skirmishes between the Philippine and Chinese coast guards in the disputed South China Sea. «The United States defense commitments to Japan and to the Philippines are ironclad. They're ironclad,» Biden said as he began three-way talks at the White House with Kishida and Marcos. «As I said before, any attack on Philippine aircraft, vessels or armed forces in the South China Sea would invoke our mutual defense treaty.»

Amazon is adding artificial intelligence visionary Andrew Ng (EE-ng) to its board of directors

A Vietnamese real estate tycoon has been sentenced to death in the country’s biggest ever financial fraud case

A Vietnam court has sentenced real estate tycoon Truong My Lan to death in the country’s largest financial fraud case

China has announced rare sanctions against two U.S. defense companies over what it calls their support for arms sales to Taiwan