China Financial News

23.02 / 15:35

Fighting Remark Actor War country information Looking at dealing with long-term challenges: CDS Gen Chauhan on China

Chief of Defence Staff Gen Anil Chauhan on Friday said India is looking at dealing with long-term challenges that may emanate from China besides focusing on the current situation along the Line of Actual Control (LAC). He made the remarks at the Raisina Dialogue. The Chief of Defence Staff, especially spoke about bridging any technological deficiencies. "(We are looking at) not only what is happening along the northern borders, but also long-term challenges so that we do not have a technological kind of a deficiency," he said.

23.02 / 14:25

CBDC Bitcoin Trump Donald Trump: Bitcoin Has a ‘Life Of Its Own’, Reverses Stance On Crypto

Former United States President Donald Trump said that Bitcoin (BTC) has taken a life of its own as the cryptocurrency continues attracting more daily users.

23.02 / 12:27

markets UPS CEO Pride reports Interviews Pernod Ricard India to invest up to ₹1,800 crore to set up malt spirit distillery in Nagpur

₹1,794 crore) for this over the next decade. Once complete, the distillery in the industrial suburb of Butibori in Nagpur will be one of the largest in India, capable of producing up to 60,000 litres of malt spirit a day. “For us, it's really the moment to reinforce that India is one of the key strategic markets for Pernod Ricard.

23.02 / 10:57

markets Target NVIDIA wellness reports Rosenblatt lifts Nvidia price target to new Street high

Investing.com — Nvidia’s blockbuster earnings report has prompted Rosenblatt to lift its price target on the AI darling’s stock, to a new Street high.

23.02 / 10:17

markets UPS Reuters Action Gap economy China expected to take gradual approach to prop up economy further, say analysts

By Anisha Sircar

23.02 / 09:59

UPS Man Election President China says it aims to 'contain' foreign interference over Taiwan this year

China aims to «contain» foreign interference over Taiwan and «resolutely combat» any efforts towards the island's formal independence this year, which is the sensitive 75th anniversary of the founding of communist China, state media said on Friday. China views democratically ruled Taiwan as its own territory, ignoring the objections of the government in Taipei, and has ramped up political and military pressure to assert those claims. Taiwan last month elected current Vice President Lai Ching-te as its next president, a man Beijing has called a dangerous separatist. Lai, who takes office in May, has repeatedly offered talks with China but has been rebuffed.

23.02 / 08:47

markets Action Software Tesla Tesla to fix software in 8,700 vehicles in China product recall, regulator says

BEIJING (Reuters) — China's market regulator said on Friday that Tesla (NASDAQ:TSLA) Inc would fix software in 8,700 vehicles to reduce the chance of accidents.

23.02 / 08:27

Citi Provident FIVE Reuters economy Kirklands Courts Exclusive-In a first, Chinese developer's creditors plan to sue state-owned shareholder for dues

By Xie Yu

23.02 / 08:27

Progressive JPMorgan Research War show track travelers Oil set to snap winning streak after Fed says in no rush to cut US rates

SINGAPORE (Reuters) -Oil prices were on track on Friday to snap a two-week winning streak after the U.S. central bank indicated interest rate cuts could be delayed by at least two more months, but indications of healthy fuel demand and supply concerns could revive prices in coming days.

23.02 / 08:03

UPS Remark Xiaomi performer Features International Xiaomi 14 Ultra priced at $904 in China, all eyes on MWC 2024 for global launch details

Xiaomi 14 Ultra boasts a stunning 6.73-inch OLED LTPO display with a remarkable 120Hz refresh rate and a peak brightness of 3000nits. To ensure durability, the display is protected by Shield Glass, claimed to be 10 times stronger than conventional glass. The smartphone comes with a new aluminum build, and there is also a Titanium Special Edition for those seeking a touch of luxury.

23.02 / 04:55

markets Trade performer country StanChart clocks 22% jump in 2023 profit, announces $1 bln buyback

Investing.com-- Asia-focused lender Standard Chartered PLC (HK:2888) (LON:STAN) clocked a stronger profit for 2023 as it benefited from higher interest rates, with the bank also announcing a $1 billion buyback.

23.02 / 04:39

markets UPS NVIDIA Nikkei Trade performer Asian stocks Asian stocks rise as tech gains offset rate fears; China rebound holds

Investing.com-- Most Asian stocks rose on Friday and were set for a positive week as optimism over artificial intelligence drove stellar gains in the technology sector, while Chinese stocks extended a rebound into a second week.

23.02 / 04:39

Compilation economy performer reports StanChart announces $1 billion share buyback as full year profit rises 18%

HONG KONG/LONDON (Reuters) — Standard Chartered (OTC:SCBFF) PLC on Friday reported 2023 pre-tax profit rose 18%, in line with forecasts, and rewarded shareholders with a $1 billion share buyback.

23.02 / 03:03

markets Waves DOW NVIDIA Nikkei show Stocks bask in tech euphoria, Nvidia boom

stocks rose on Friday and put global markets on course for a week of heady gains as AI darling Nvidia's stunning results sparked a wave of record highs from Asia to Europe and the U.S., while the yen nursed losses on a range of currencies. Nvidia surged 15%, adding a record $250 billion in market value on Thursday. The Santa Clara, California-based company's results supercharged a global AI-led rally in technology stocks, propelling the S&P 500, the Dow Jones Industrials, Europe's STOXX 600 and Japan's Nikkei share average to record highs.

23.02 / 02:11

markets DOW NVIDIA Trade reports recommendations Indian stock market: 7 key things that changed for market overnight - Gift Nifty, RBI minutes to Nvidia stock price jump

Sensex climbed 535.15 points, or 0.74%, to close at 73,158.24, while the Nifty 50 settled at 22,217.45, up by 162.40 points, or 0.74%. “Strong Q4 results and a positive outlook from chipmaker Nvidia led to a revival in global sentiments. Further, HSBC Flash India PMI data for the month of February pointed towards India’s economic activity – both manufacturing and services being at a 7-month high which helped Indian markets to make a sharp recovery.

23.02 / 02:05

Trade War evacuation peace International China downplays ties with Russia at the Foreign Minister’s meet with Ukraine

China, that shares decades old defence partnership with Ukraine, has sought to downplay its military links with Russia, close on the heels of a high level meeting with the USA. At a meeting last weekend in Munich China's foreign minister Wang Yi told his Ukrainian counterpart Dmytro Kuleba that Beijing does not sell lethal weapons to Russia for its war against Ukraine. Wang told Kuleba that China 'does not take any advantage of the situation and does not sell lethal weapons to conflict areas or parties to the conflict,' according to a Chinese foreign ministry readout.

23.02 / 00:43

Manufacturing Platform Action security Align TikTok country India has shown how to deal with China-linked firms: US FCC commissioner Brendan Carr

cybersecurity threats from companies of Chinese origin or those linked to its political philosophy, US Federal Communications Commission (FCC) commissioner Brendan Carr told ET, pointing to New Delhi’s pre-emptive action against entities posing both commercial and security challenges to an increasingly digital economy. In an exclusive interview, Carr, who is on his maiden India trip, said that India’s actions on the short-video platform TikTok and telecom equipment suppliers Huawei and ZTE have “set the gold standard in terms of appropriate and strong actions to deal with the threats posed by the Chinese Communist Party (CCP).”

23.02 / 00:15

UPS Target Action Intuit country Private lander touches down on the moon but sending weak signal

rival company’s lander missed the moon last month. The newest lander, named Odysseus, reached the moon Wednesday, six days after rocketing from Kennedy Space Center in Florida. The lander maneuvered into a low lunar orbit in preparation for an early evening touchdown.

22.02 / 23:09

Target Reuters security Research Sony electronic reports Analysis-Japan takes Taiwan's helping hand on long road to chip revival

By Sam Nussey and Miho Uranaka

22.02 / 21:45

UPS FIVE Action Intuit country Private lunar lander is closing in on the first US touchdown on the moon in a half-century

A private lunar lander is circling the moon while aiming for a touchdown near the south pole

22.02 / 21:45

COST UPS Extreme Aware CEO Experts reports India wants to hook its population onto clean energy by boosting rooftop solar

India is renewing its push to add rooftop solar to meet the needs of a fast-growing nation that's hungry for energy

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