China Financial News

21.03 / 13:27

markets FIVE Apple Micron track reports Micron and Guess rise premarket; Apple, Darden, Five Below fall

Investing.com — U.S. futures rose Thursday, continuing the positive tone generated by the Federal Reserve sticking with its plan to cut interest rates three times this year.

21.03 / 12:25

Waters security wellness country concert information US warns that hackers are carrying out disruptive attacks on water systems

hackers are carrying out disruptive cyberattacks against water and sewage systems throughout the country. In a letter released Tuesday, National Security Advisor Jake Sullivan and Environmental Protection Agency Administrator Michael Regan warned that «disabling cyberattacks are striking water and wastewater systems throughout the United States.»

21.03 / 08:21

markets Target Analysis economy pandemic country Investigations Impact of Covid-induced fiscal stimulus on India's inflation less than developed economies: RBI study

Also Read: US Fed keeps benchmark rates steady at 23-year high-mark, projects 3 rate cuts in 2024: 5 key highlights The study investigates the impact of pandemic-induced fiscal expansions on inflation in select advanced economies (AEs) and emerging market economies (EMEs), controlling for supply-side factors. The empirical analysis suggests that countries with larger fiscal stimulus, on average, experienced higher post-pandemic inflation.

21.03 / 08:13

Bitcoin Anti-money laundering UK Woman Found Guilty of Laundering $2.5B in Bitcoin

A British woman has been found guilty and convicted on Wednesday for laundering over $2.5 billion (£2 billion) worth of bitcoin for a Chinese fugitive.

21.03 / 08:13

Provident CBDC Digital reports testing Features Hong Kong Central Bank Raises Red Flag on Deceptive Digital Currency Trial Entities

Hong Kong’s central bank cautioned the public Wednesday about schemes falsely claiming association with its e-HKD pilot projects. The warning comes as Hong Kong explores the potential of a central bank digital currency through various trial projects.

21.03 / 05:59

markets COST Provident Manufacturing Trade Nalco, Hindalco, Vedanta share price rise 2-6%. Should you Buy , Sell or Hold the stocks?

Hindalco Industries , Vedanta , National Aluminium (NALCO) share price rose 2-6% during the morning trades on Thursday. Though these three non ferrous stocks had corrected 9-16% from their February and March highs amidst volatility in the markets. However it is the declining raw material costs primarily that of coal that are to support profitability.

21.03 / 05:03

CEO wellness Healthcare testing Alibaba's former CEO Daniel Zhang to join Firstred Capital as managing partner

By Selena Li and Brenda Goh

21.03 / 04:53

Provident Remark Southern country Department rights US recognises Arunachal Pradesh as Indian territory, strongly opposes ‘unilateral attempts by China’, says official

United States recognises Arunachal Pradesh as Indian territory and strongly opposes any unilateral attempts by China to advance its territorial claims across the Line of Actual Control, a senior Biden administration official has said, days after the Chinese military reiterated its claim over the state following Prime Minister Narendra Modi's visit there. Earlier this week, Chinese Defence Ministry spokesman Senior Colonel Zhang Xiaogang said that the southern part of Xizang (the Chinese name for Tibet) is an inherent part of China's territory, and Beijing "never acknowledges and firmly opposes" the "so-called Arunachal Pradesh illegally established by India".

21.03 / 04:51

markets COST UPS Target economy country China central bank has room to cut bank reserves ratio further, deputy governor says

BEIJING (Reuters) — The deputy governor of China's central bank said on Thursday there is ample monetary policy room to deliver further cuts to banks' reserve requirement ratio (RRR), underlining market expectations for more easing measures to bolster the economy.

21.03 / 03:43

markets Manufacturing Action security Trade country Department US lawmakers ask Biden administration to increase tariffs on Chinese-made drones

By David Shepardson

21.03 / 01:53

UPS Extreme security Apple Trade Meta Platforms show Bullish sentiment seen in March, recession unlikely: Bank of America Securities

fund manager survey by Bank of America Securities showed the risk appetite in March is the highest since November 2021, while the firm's 'Bull & Bear' indicator shows sentiment is 'bullish but not extremely bullish' yet. Two-thirds of the survey respondents said a recession is «unlikely» in the next 12 months with 62% forecasting a «soft» landing, while 23% said «no» landing (5% in October 2023) and 11% said «hard» landing (30% in October 2023). Bank of America said 226 fund managers with $572 billion of assets under management (AUM) participated in the March survey.

21.03 / 01:39

markets Reuters economy Trade show performer Japan's exports rise as demand in major markets improves

By Tetsushi Kajimoto

21.03 / 01:39

UPS Manufacturing Election President country reports Once beacon of stability, Vietnam to name third president in a year

By Francesco Guarascio and Khanh Vu

21.03 / 01:11

markets UPS BLOCK security TikTok Bill reports TikTok aside, Congress has its eye on the U.S. money going into China

BEIJING — The U.S. Congress increasingly has its eye on American capital that's allegedly funded China's military development, indicating that greater scrutiny on U.S. investments into China may outlast presidential terms and become part of law.

20.03 / 21:57

markets UPS MSCI Trade reports Morning bid: Powered up on Powell, yen still on the brink

By Jamie McGeever

20.03 / 19:15

UPS Manufacturing awards President show 2020 Department Intel clinches $19.5 billion in grants and loans from Biden to boost US chip output

By Alexandra Alper and David Shepardson

20.03 / 18:41

MET security Trade country rights Relationships Australia gets its most senior Chinese leadership visit since 2017 as relations thaw further

Australia has received its most senior Chinese leadership visit in nearly seven years with stability a key theme of the discussions between the countries’ foreign ministers

20.03 / 18:37

Research Justice show social reports Schools inequality Let’s do all we can to engage young men on inequality

A worrying trend has been identified, revealing that a palpable ideological chasm has emerged between young men and women. Research shows that while young women tend to be more liberal or progressive, young men as a group are becoming more conservative across the globe. Data reporter John Burn-Murdoch’s analysis of several surveys in Financial Times shows that in the US, UK and Germany, young women are at least 25 percentage points more liberal than young men, and a similar divide is seen in Poland, South Korea, China and Tunisia.

20.03 / 17:45

UPS FIVE Manufacturing security Tesla Election country India's new EV policy: Accelerating at the right time

EV policy, slashing customs duties on imported cars. This policy concession, announced ahead of the general elections, is an incentive for automobile MNCs, such as the world's largest EV manufacturer, Tesla, to make India a global hub for EVs. However, the policy comes with strings:

20.03 / 16:29

Action security economy pandemic Trade country reports Doing business in China is growing tougher, more uncertain, European business group says

A report by a European business group says that uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China

20.03 / 15:35

markets Research Trade band Commentary Luxury stocks decline, market awaits Fed rates decision

Luxury stocks led losses in Europe after Gucci owner Kering SA warned about declining sales, fueling worries about high-end consumer spending in China. Treasuries and US equity futures were steady before today’s Federal Reserve meeting.

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