China Financial News

28.02 / 07:43

markets Reuters pandemic Trade President India's coal imports to fall for first time since the COVID-19 pandemic amid record-high stockpiles

coal imports are expected to fall for the first time this year since the COVID-19 pandemic due to increasing domestic output and record-high inventories, industry officials said on Tuesday. Out of eleven coal traders, Reuters spoke with at the Coaltrans India conference in the western state of Goa, eight expected shipments of the fuel to decrease this year, while the others foresaw flat imports or marginal growth.

28.02 / 05:57

economy trends Fishing performer information reports International Q3 GDP data tomorrow: Growth seen at 6.8% with slight moderation likely in economic activity, says SBI's Ecowrap

READ HERE: India's GDP growth to moderate in Q3 & Q4; Capex to remain tepid: ICRA's Aditi Nayar The brokerage further informed that its estimates are corroborated with the in-house developed SBI-ANN (Artificial Neural Network) model, with 30 high-frequency indicators. ANN has been trained for the quarterly GDP data from 2011Q4 to 2020Q4 and the in-sample forecast performance of the model in the training period has been precise.

28.02 / 05:57

Bitcoin HTX Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin

Tron founder Justin Sun showcased his Bitcoin holdings using the social media platform X — in a screenshot, Sun shared that his HTX account contained 28,614 Bitcoin which is worth $1.6 billion.

28.02 / 05:57

markets CBDC Digital Bill Trade President Russian Allies ‘Very Interested’ in Doing CBDC Business with Moscow – Key Lawmaker

Russian allies are “interested” in using CBDCs like the digital ruble for cross-border settlements, a lawmaker said on February 26.

28.02 / 05:23

Reuters economy Parke trends Trade show reports South Korea exports likely rose for fifth month in Feb: Reuters poll

By Jihoon Lee

28.02 / 05:23

markets COST UPS Reuters Manufacturing Bearish demand expectations challenge iron ore's price resilience

By Amy Lv and Tony Munroe

28.02 / 04:43

markets UPS Lexus Toyota's global output rises by 7% in January

TOKYO (Reuters) — Japan's Toyota Motor (NYSE:TM) said on Wednesday global vehicle production rose by 7% in January, marking a year-on-year increase for the 13th straight month as the automaker benefited from strong U.S. demand.

28.02 / 04:03

UPS economy performer country Courts Chinese property stocks slide as Country Garden faces liquidation bid

Investing.com-- Hong Kong-listed Chinese property stocks fell on Wednesday, coming under pressure from renewed concerns over a real estate meltdown after Country Garden (HK:2007) was slapped with a liquidation petition.

28.02 / 03:13

markets Nikkei Trade show country Courts Asian stocks Asian stocks muted as rate anxiety persists; Japan falls from record highs

Investing.com-- Most Asian stocks kept to a tight range on Wednesday amid persistent caution over higher-for-longer U.S. interest rates, with Japanese indexes pulling back from record highs as a tech-driven rally cooled.

28.02 / 03:09

markets UPS Provident Trade Cycling show testing Asian shares meander as US inflation test awaits; kiwi slides

Federal Reserve's easing cycle, while the New Zealand dollar fell sharply after the central bank softened its hawkish stance on rates. New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, reiterating that previous rate hikes had helped dampen prices, but adding that the risk of further rate hikes had been reduced. The kiwi was last at $0.61235, down 0.75% on the day.

28.02 / 02:33

UPS Progressive economy War country International G20 finance ministers meet on world economy hit by crises, conflicts

G20 finance ministers will meet Wednesday in Brazil, seeking ways to shore up a global economy whose nascent recovery is threatened by a raft of conflicts and crises, including the wars in Ukraine and Gaza. The Ukraine war could take center stage at the meeting, with G7 countries due to meet on the sidelines to discuss shoring up Western support against Russia's invasion — including what US Treasury Secretary Janet Yellen called an «urgent» proposal to use frozen Russian assets to increase aid for Kyiv.

28.02 / 02:33

SUN security War Department prevention International China urges largest nuclear states to negotiate a 'no-first-use' treaty

nuclear weapons against each other or make a political statement in this regard, the Chinese foreign ministry's arms control department said. Director general of the department, Sun Xiaobo, called on nuclear states to fulfil their «special and priority responsibilities» on nuclear disarmament according to the U.N. Conference on Disarmament, which seeks to prevent nuclear war, official news agency Xinhua said on Wednesday. During the forum's weekly meeting in Geneva on Monday, Sun said the body should define a roadmap or timetable for an international legal instrument that would protect non-nuclear-weapon states from the threat of nuclear weapons.

28.02 / 02:33

markets Remark WhatsApp show patient Gold Prices Gold prices firm ahead of US inflation print

Gold prices edged higher on Wednesday, as U.S. bond yields fell, while investor focus was on a key U.S. inflation print and remarks from several Federal Reserve officials this week for fresh clues on the central bank's interest rate trajectory.

28.02 / 02:23

markets Reuters Action Courts International Country Garden faces liquidation petition in new blow to China property sector

By Scott Murdoch and Clare Jim

28.02 / 02:09

Digital Cooper security Mobile President students hospital India-US to engage in homeland security talks today; counterterrorism, cybersecurity among 4 key agendas

S Jaishankar answers why India-US ties bloomed during Donald Trump's presidency The previous homeland security dialogue took place in January 2022. 1. According to ANI news agency, India is likely to discuss issues linked to Khalistani separatist Gurpatwant Singh Pannun and several fugitives residing in the US.

28.02 / 02:09

markets Reuters Research Nikkei Trade show recommendations Indian stock market: 7 key things that changed for market overnight - Gift Nifty to a drop in US consumer confidence

Sensex gained 305.09 points, or 0.42%, to close at 73,095.22, while the Nifty 50 settled 76.30 points, or 0.34%, higher at 22,198.35. “Domestic equities are consolidating in a range with every dip being bought showing strength at lower levels. Overall, we expect the market to trade in range with positive bias.

28.02 / 01:23

markets economy pandemic country outbreak shock NOT Focused on job at hand, not future role, says Kristalina Georgieva as IMF chief term ends in 7 months

IMF and the first person from an emerging market economy. Keeping Georgieva on for a second term would answer longstanding concerns raised by emerging market and developing countries over the US-European duopoly at the two global financial institutions, the IMF and World Bank.

28.02 / 00:35

economy trends country hospital travelers Destinations Hospitality growth story in India to remain strong: Marriott's Rajeev Menon

Mint that 77% of the rooms signed in 2023 were within the luxury and premium portfolio segment, compared to the 48% in 2022. Edited excerpts: Asia Pacific had a particularly strong year across the industry. In our case, we almost broke every record that there was.

27.02 / 23:15

markets UPS Chevron Hess Bitcoin reports Stock market today: Wall Street holds steady near record highs

Stocks held near their record levels after a quiet day of trading

27.02 / 23:15

markets UPS FIVE Action show stage Long-stalled Geneva motor show revs again as Renault, MG, BYD electrics roll onto its smaller stage

The century-old Geneva motor show is back in action for the first time in five years, and organizers are desperately trying to rev up its fortunes

27.02 / 23:13

Provident BLOCK Freedom reports Department International US and UK hit Iranian deputy commander and Houthi member with sanctions

The U.S. and United Kingdom sanctioned a deputy commander of Iran’s Islamic Revolutionary Guard Corps and a Houthi militant member, Tuesday

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