China Financial News

18.03 / 11:09

CBDC China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors

China’s central bank, the People’s Bank of China, has published a digital yuan service guide for foreign visitors to help them make contactless payments with e-CNY.

18.03 / 10:51

UPS security stage country strain Relationships Chinese Perceptions of India

By Lt Gen P R Shankar (Ret.)

18.03 / 10:25

Target CEO Fighting Sustainability Bill President country A pioneering bill to slow fast fashion gets approval from France's lower house. Next stop the Senate

France's lower house of Parliament has unanimously approved a pioneering bill to curb the environmental impact of fast fashion, marking a significant step towards sustainability in the global fashion industry

18.03 / 10:25

markets COST Manufacturing security Tesla EV policy could intensify competition in the long run

₹4,150 crore and manufacturing should commence within three years of receiving approval. Besides strengthening the EV ecosystem, the policy could also boost the Make in India initiative as it mandates domestic value-addition of 25% by the third year and 50% by the fifth. Elara Securities (India) notes that India could become an export hub in the future, given that global automakers are looking to diversify beyond China.

18.03 / 10:25

markets CEO Apple Trade performer information Courts Apple to pay $490 million to settle allegations that it misled investors about iPhone sales in China

Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone’s sales in China

18.03 / 10:23

Citizens Career TikTok President country reports Videos Mnuchin’s interest in TikTok and distressed NY bank echoes his pre-Trump investment playbook

Steven Mnuchin is a former U.S. Treasury secretary who said this week that he is interested in buying TikTok, just days after his investment firm led a $1 billion deal to inject life into a beaten-down bank

18.03 / 10:23

markets UPS Manufacturing economy pandemic show reports China's economy shows signs of improvement, but its property sector is still in the doldrums

China has reported its manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy

18.03 / 10:23

markets UPS economy Trade show reports Asian stocks Stock market today: Asian stocks gain ahead of US and Japan rate decisions

Asian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve

18.03 / 10:23

Provident Platform TikTok community Bill pandemic Videos TikTok creators warn of economic impact if app sees ban, call it a vital space for the marginalized

TikTok creators across the country are expressing frustration over a bill passed by the U.S. House of Representatives that would lead to a nationwide ban of the app if its China-based owner doesn't sell its stake

18.03 / 10:23

markets UPS DOW economy show reports Stock market today: World stocks higher ahead of US and Japan rate decisions

Asian stocks have advanced and European markets started the day with gains ahead of policy decisions this week by Japan’s central bank and the Federal Reserve

18.03 / 10:23

markets Reuters Experts reports Stock market today: Sensex, Nifty 50 end in the green; auto, metal stocks shine

JSW Steel and Tata Motors. Global cues were largely positive on better-than-expected Chinese data. As Reuters reported, "China's industrial output grew 7 per cent year-on-year in the January-February period, while retail sales rose 5.5 per cent year-on-year.

18.03 / 08:37

markets COST UPS security Trade Experts Cycling ‘T+0’ trade settlement in India to soon be a reality; all you need to know about it

India will be only the second country after China to be operating on a short settlement cycle.

18.03 / 07:49

UPS economy wellness pandemic More Chinese tied the knot in 2023, lifting marriage rates for first time in nine years

marriages in China jumped 12.4% in 2023 from a year earlier, reversing a downtrend that has lasted for almost a decade as more youth tied the knot after delaying their nuptials due to the COVID-19 pandemic. The number of newlyweds rose to 7.68 million last year, according to data released by the Ministry of Civil Affairs last week. This was up 845,000 couples from 2022 but still far below the peak of 13.47 million couples hit in 2013.

18.03 / 05:21

markets UPS Citi Target Manufacturing Strategy country EV stocks in India get a boost with EMPS scheme: Top EV stocks to benefit

electric two-wheelers (e2W) and three-wheelers (e3W) across the country. The scheme has been allocated a budget of ₹5 billion and is set to replace the FAME-2 scheme, which expires on 31 March 2024. It will operate from April to July 2024, with the possibility of being replaced or extended thereafter.

18.03 / 05:09

markets Target Yellow Trade show reports Gold Prices Gold prices sink below $2,150 ahead of Fed meeting; copper rally cools

Investing.com-- Gold prices fell in Asian trade on Monday, losing a key support level as traders turned averse to non-yielding assets before more signals on interest rates from a Federal Reserve meeting later in the week.

18.03 / 04:09

Citi Reuters Manufacturing wellness pandemic country reports China kicks off the year on strong note as retail, industrial data tops expectations

BEIJING — China's economic data for the first two months of the year beat analysts' expectations on Monday.

18.03 / 03:47

markets economy Nikkei Trade show country Asian stocks Asian stocks muted as Fed meeting looms; Nikkei rallies ahead of BOJ

Investing.com-- Most Asian stocks were on Monday as caution prevailed before a barrage of key central bank meetings this week, most notably from the Federal Reserve and the Bank of Japan.

18.03 / 02:37

UPS Reuters show country hospital travelers China Jan-Feb industrial output, retail sales beat expectations

BEIJING (Reuters) — China's factory output sped up in the January-February period and beat expectations, marking a solid start for 2024 and offering tentative relief to policymakers who are seeking to shore up faltering economic growth.

18.03 / 02:37

UPS Citi show China's Jan-Feb property investment falls 9.0% y/y

BEIJING (Reuters) — Property investment in China slid 9.0% year-on-year in the first two months of 2024, compared with a 24.0% fall in December 2023, National Bureau of Statistics (NBS) data showed on Monday.

18.03 / 02:37

markets Waters economy Trade country International Oil prices tread water after strong week as Fed, c.bank meetings loom

Investing.com-- Oil prices moved little in Asian trade on Monday after a strong run-up over the past week, with traders now hunkering down before a string of key central bank meetings this week helmed by the Federal Reserve.

18.03 / 02:37

markets UPS Manufacturing economy wellness show Chinese industrial production surges in Jan-Feb, but unemployment rises

Investing.com-- Chinese industrial production grew more than expected in the first two months of 2024, as manufacturing output continued to benefit from supportive policies and monetary stimulus from the government.

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