China Financial News

08.04 / 04:35
markets Waves Food Trade country International Mentha Oil Rate Today falls 0.6% on Apr 5 2024
₹915.00. In the past 1 day, the Mentha oil rate on MCX has decline 0.6% from ₹925.70 to ₹915.00.Mentha oil is an essential oil obtained from a mint plant and India is one of the leading producers and exporters of mentha oil. Mentha oil is used in food, pharma, soaps, and other skincare/personal care products.
08.04 / 04:35
COST UPS Manufacturing Tesla wellness Xiaomi Features Think Tesla is in trouble? Pity even more its wannabe EV rivals
The Economist’s parent company), for $1.6bn. The pair will team up to make EVs. To succeed, these efforts must still produce a competitive product with unique features.
08.04 / 03:31
Provident Waters reports evacuation mountaineering IAEA head Rafael Mariano Grossi says drone attack on Zaporizhzhia nuclear plant significantly increases risk of accident
Also Read | Russia floods: Record water rise in Ural mountains, evacuation begins The dome above a shutdown reactor at the Russian-controlled Zaporizhzhia nuclear station was struck by Ukraine on April 7, according to the plant's Russian-installed administration. Also Read | China Providing Geospatial Intelligence to Russia, US Warns "It was not immediately clear what weapon was used in the strike on Sunday," reported Al Jazeera.
08.04 / 03:13
UPS economy Southern show reports Rate Cut Asia stocks hesitant, dollar firms as US payrolls dent Fed rate cut wagers
Oil prices fell nearly 2% as Middle East tensions eased after Israel withdrew more soldiers from southern Gaza, while gold prices slumped 1% after scaling record high on Friday as U.S. Treasury yields remain elevated.
08.04 / 03:13
markets economy WhatsApp President Gold Prices Gold prices drop 1% as dollar, yields firm after upbeat US data
Treasury yields held firm after strong U.S. data heightened doubts on whether the Federal Reserve would deliver three interest rate cuts this year. FUNDAMENTALS * Spot gold was down 1.1% at $2,305.09 per ounce, as of 0109 GMT, after hitting a record high of $2,330.06 on Friday.
08.04 / 02:23
markets Remark Enterprise WhatsApp country innovations Investigations NOT China says its EV firms do not rely on subsidies to gain competitive advantage
China's electric vehicle companies do not rely on subsidies to gain a competitive advantage and accusations by the U.S. and Europe of «overcapacity» are groundless, Commerce Minister Wang Wentao said on Sunday in Paris. Wang made the remarks at a roundtable meeting of Chinese firms in Paris, where he is set to discuss China's exports of EVs into the European market among other things.
08.04 / 01:59
CBDC Digital Platform Mobile Software wellness Russian Fintech Startups Join Digital Ruble Pilot
Russian fintech firms have begun joining the country’s digital ruble pilot, as the Central Bank looks to widen the scope of its CBDC project.
07.04 / 23:03
markets Manufacturing Tesla Southern wellness country Relationships Yellen says 'tough conversations' needed on China's overproduction
Hudson Institute senior fellow Rebeccah Heinrichs weighs in on Secretary Yellen’s controversial trip to China during an appearance on ‘Varney & Co.’
07.04 / 09:07
economy Election WhatsApp track country Congress treats one family as supreme, BJP people: Rajnath Singh
Rajnath Singh on Sunday asserted that the track record of the BJP government at the Centre has been «fabulous» as it considers people supreme whereas the Congress treats a family supreme. The BJP, he said, is also committed to fulfilling all the promises made to the people. «The track record of Modi ji's politics has been fabulous. And it was fabulous because we treat people as supreme whereas the Congress treats a family supreme,» the senior BJP leader said addressing a public meeting in support of BJP candidate Arjun Ram Meghwal in Kolayat in Bikaner. The defence minister said he is pained when the Congress questions the power and valour of the country's defence forces.
07.04 / 04:33
markets UPS wellness trends Updates NOT Sudip Bandyopadhyay on sectors that will do well in Q4 and sectors that will not
Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says: “The way I look at it, infra will come back with a strong set of numbers and so will defence. Apart from that, I am looking at a good set of numbers from BFSI as well as real estate. These are the four-five sectors which definitely will come back with good numbers. As far as other sectors are concerned, IT and FMCG will be a mixed bag. I do not think we will see a major pickup in earnings in IT. Cement, again, will be a little subdued.” What are you making of the resilience of India equity markets? The fact that crude is already at $91, but the Indian markets are not really absorbing that hit so far and even the central bank seems not perturbed by the sudden spike that one has seen. Sudip Bandyopadhyay: Crude at $91 does not augur well for India. However, this has just happened and crude prices have been benign for a very long time and this sudden shooting up is predominantly on the back of two things. One is what is happening in Russia and the Gulf and also the Chinese demand suddenly picking up with possible economic recovery in China. Now, the combined effect of all these factors and somewhere I am sure the calculations are that geopolitical tensions will ease and production in Russia as well as the Gulf will stabilise.
07.04 / 04:33
Election WhatsApp community Justice rights Congress manifesto resembles Pakistan elections agenda: Assam CM Himanta Biswa Sarma
Himanta Biswa Sarma said that by looking at Congress' manifesto it seems that they have released the manifesto for Pakistan elections. Sarma said, «Their manifesto is all about appeasement. They want to divide the society and come to power. We condemn their appeasement politics. By looking at Congress' manifesto it seems that they have released the manifesto for Pakistan elections.» The chief minister said, “Today is the foundation day of our party. BJP has worked for the nation. Nation is our Dharma.I invite the people to join the BJP on the occasion of the party's foundation day.
07.04 / 04:33
markets UPS economy Matthews wellness country rights China may surge 30% in next 12 months but India is vastly superior to any emerging market long term: Mark Matthews
Mark Matthews, MD, Julius Baer, says: “China is not a good market to invest for the long term and if you put $100 into India 30 years ago, it would be about $1,800 today, which is remarkable considering what the rupee has done over that period of time. $100 in China would be about $150 today. So, it has been a destroyer of capital. However, there are opportunities that come along in every market, including China, and I think this is one, firstly, because their economy is bottoming out and it is not only cheap, it is abnormally cheap. I think China will be about 20% to 30% higher between now and 12 months from now. But beyond that, I would not hold it.” After how long have you come to India and what is the staggering change that you have felt? Mark Matthews: It has been around two years since I was last in India and it is great to be back.
07.04 / 04:17
markets Waves Food Trade country International Mentha Oil Rate Today falls 0.6% on Apr 5 2024
₹915.00. In the past 1 day, the Mentha oil rate on MCX has decline 0.6% from ₹925.70 to ₹915.00.Mentha oil is an essential oil obtained from a mint plant and India is one of the leading producers and exporters of mentha oil. Mentha oil is used in food, pharma, soaps, and other skincare/personal care products.
07.04 / 04:17
UPS Manufacturing security economy Trade President testing Xi Jinping’s misguided plan to escape economic stagnation
It is ChIna’s gravest economic test since the most far-reaching of Deng Xiaoping’s reforms began in the 1990s. Last year the country achieved growth of 5%, but the pillars of its decades-long miracle are wobbling. Its famously industrious workforce is shrinking, history’s wildest property boom has turned to bust and the global system of free trade that China used to get richer is disintegrating.
07.04 / 03:55
markets UPS IPO Trade track consequences reports Global cues, Q4 earnings, FII flows among six factors to set Dalal Street trajectory this week
After a good start, the overall trajectory for the market is positive for the truncated week ahead. Stock markets are closed on Thursday for Eid-Ul-Fitr.
07.04 / 03:55
Cooper Progressive Manufacturing President country Relationships US, China need 'tough' conversations, Janet Yellen tells Chinese Premier Li Qiang
Li Qiang on Sunday that the ability to have difficult conversations has put the two economic superpowers on «a more stable footing» over the past year. As they began a meeting in Beijing, Li responded that the two countries needed to respect each other and should be partners, not adversaries, adding that «constructive progress» had been made during Yellen's trip.
07.04 / 02:27
Citi Election LEH Courts Investigations Sporting Top Events on April 7: PM Modi's roadshow in Madhya Pradesh, AAP leaders' fast, IPL 2024, and more
Top Events of the Day: India is all set to witness a series of important political and sports events including PM Modi's roadshow in Madhya Pradesh ahead of Lok Sabha elections 2024, IPL matches in Lucknow, etc. Here's a list of top events of the day, - Prime Minister Narendra Modi will start the BJP's Lok Sabha election campaign in Madhya Pradesh today, April 7. He will hold a 1.2-km long roadshow in the Jabalpur constituency.
07.04 / 01:41
markets Digital Strategy Tesla President country Features Luxury in electric cars means range and (much) more
Tesla Roadster, with ‘space-inspired attributes’, and an incredibly high speed of 0-60 mph (0-97 kmph) in less than a second has ignited speculation within the automotive industry globally. What specific features could embody these premium attributes in an electric car, and how might they influence India’s burgeoning electric luxury car market? While the next-generation Roadster with record-setting acceleration, range and performance might offer a glimpse into the future, US-based Tesla, Vietnam’s Vinfast, China’s BYD and many other global luxury car makers may bet on premium feature-led electric models for the Indian market.
06.04 / 19:19
Citi War LEH country information volunteers peace Govt plans to turn Leh into war zone, border march was cancelled for the sake of peace: Sonam Wangchuk
Sonam Wangchuk on Saturday alleged that the administration has turned Leh into a war zone to instigate protestors and considering such situation the proposed Pashmina March towards the border on April 7 has been cancelled. Wangchuk informed that the government is behaving like a “mad elephant." With the deployment of forces across Leh, Wangchuk said, there is a possibility of reaction from people and something can be «orchestrated as well» so that the ongoing peaceful protest is labelled as violent and then scuttled. “Our aim was not to confront the administration or create any law and order situation. But considering the risk of violence we are withdrawing the protest march,” said Wangchuk.
06.04 / 17:41
Election WhatsApp community rights Himanta Biswa Sarma on Congress manifesto: 'Seems that they have released it for Pakistan elections'
Himanta Biswa Sarma said that by looking at Congress' manifesto it seems that they have released the manifesto for Pakistan elections. Sarma said, «Their manifesto is all about appeasement. They want to divide the society and come to power. We condemn their appeasement politics. By looking at Congress' manifesto it seems that they have released the manifesto for Pakistan elections.» The chief minister said, “Today is the foundation day of our party. BJP has worked for the nation. Nation is our Dharma. I invite the people to join the BJP on the occasion of the party's foundation day." The Congress has promised to abolish the Agniveer scheme, junk the “one nation, one election” proposal, restore the Planning Commission, review GST and the national education policy, implement women’s reservation right away, restore status quo ante on the China border in Ladakh and sack the Manipur government.
06.04 / 17:03
Election President LEH country rights Top 8 news on April 6: Wipro MD Thierry Delaporte resigns, Leh Apex Body withdraws 'border march' & more
Top News of the Day: On 6 April, a series of events are set to take place right from politics to business. The Leh Apex Body (LAB) on Saturday withdrew their proposed march to the Changthang border with China on April 7. Maharashtra Congress rebel Ashok Chavan, along with BJP national president JP Nadda and three other leaders, took oath as the Rajya Sabha MP on Saturday.

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