China Financial News
13.02 / 12:54
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Oil markets should be ‘comfortable’ in 2024, IEA says
Global oil markets should remain “comfortable” this year as new supplies satisfy demand and keep prices in check, according to the International Energy Agency.
13.02 / 07:57
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Asia FX weakens, dollar edges up with CPI data in sight
Investing.com-- Most Asian currencies weakened on Tuesday, while the dollar firmed as markets hunkered down before key U.S. inflation data that is widely expected to factor into the path of interest rates.
13.02 / 07:57
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Investors drop recession bets for first time since April 2022
MILAN (Reuters) — Investors have cut cash levels and boosted equity allocations as they no longer expect an economic recession for the first time since April 2022, a Bank of America survey showed on Tuesday.
13.02 / 07:11
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13.02 / 07:09
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Indonesia police to charge 2 Chinese nationals in furnace explosion at Chinese-owned nickel plant
Indonesian police have named two Chinese nationals as suspects in the explosion of a smelting furnace at a Chinese-owned nickel plant on Sulawesi Island that killed 21 workers and injured dozens of others
13.02 / 06:39
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SpaceX
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Apollo to Artemis: Why America is betting big on private space
SpaceX rocket on Wednesday, following recent completed touchdowns by China, India and Japan. So why entrust such tasks to the commercial sector, especially after an attempt by another company with similar goals, Astrobotic, failed just last month? The answer lies in the way NASA has fundamentally reorganized itself for Artemis, the agency's flagship Moon-to-Mars program.
13.02 / 04:53
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Franklin Templeton registers for spot Ethereum ETF amid growing competition
Ethereum Exchange-Traded Fund (ETF), becoming the eighth player in the market seeking approval for a similar product, Reuters reported. This January, in a significant development for the cryptocurrency industry, the United States Securities and Exchange Commission (US SEC) approved 11 spot Bitcoin ETFs in January. This marked a watershed moment, fulfilling a decade-long demand for regulatory approval within the crypto space.
13.02 / 04:03
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Pro Research: Wall Street dives into Starbucks' strategic brew
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13.02 / 04:03
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Asian stocks edge higher before CPI data; Nikkei skyrockets on tech strength
Investing.com-- Most Asian stocks rose slightly on Tuesday in anticipation of key U.S. inflation data, while Japan’s Nikkei 225 index rallied to 34-year highs on positive earnings from the technology sector and dovish signals from the Bank of Japan.
13.02 / 04:03
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Oil prices tread water ahead of CPI data, OPEC report
Investing.com-- Oil prices moved little in Asian trade on Tuesday as traders turned cautious ahead of key U.S. inflation data that is expected to factor into the path of interest rates, while an OPEC monthly report was also in focus.
13.02 / 03:49
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BHEL, PNB, Mamaearth and 29 other stocks enter MSCI indices
BHEL), GMR Airports Infrastructure, NMDC, Punjab National Bank (PNB) and Union Bank of India. There will be no deletions, according to an MSCI release issued late Monday. PNB and Union Bank will be among the three largest additions to the MSCI Emerging Markets Index measured by full company market capitalisation. The third one is Midea Group Co from China.
13.02 / 03:11
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EU Sanctions Proposal: Why is the European Union considering trade restrictions on Indian, Chinese firms?
sanctions, trade restrictions are proposed to be imposed on the listed companies. Besides this, the EU has recommended sanctions on over 110 individuals and entities, forming part of a broader package commemorating two years since Russia's invasion of Ukraine. Also Read | European Union looking to sanction Indian and Chinese firms over Russia dealings, says report The listed companies are primarily engaged in technology and electronics, as per the report.
13.02 / 02:23
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inflation data
Gold trades in tight range ahead of key US inflation data
Gold prices were stuck in a tight range on Tuesday as investors refrained from making big bets ahead of a U.S. inflation report that could give fresh perspective on how soon, and by how much, the Federal Reserve could cut interest rates this year. FUNDAMENTALS
13.02 / 02:23
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Asian stocks
Asian stocks nudge higher, dollar steady ahead of US inflation report
Asian stocks inched higher and the dollar held steady on Tuesday ahead of a key U.S. inflation report that could help shape the Federal Reserve's rates outlook and determine the timing of interest rate cuts. Bitcoin remained strong after crossing $50,000 for the first time in over two years, thanks to inflows into exchange traded funds backed by the digital asset. It was last at $50,0097 in Asian hours.
13.02 / 01:51
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European Union looking to sanction Indian and Chinese firms over Russia dealings, says report
European Union (EU) has put forward new trade restrictions targeting approximately two dozen companies, including one from India and three from China, accused of backing Russia's war in Ukraine, as per a Bloomberg report. The listed companies, mainly involved in technology and electronics, are accused of contributing to Russia's military and technological capabilities. The document highlights their alleged role in advancing Russia's defence and security sector.
13.02 / 01:51
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Reuters
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Indian stock market: 8 key things that changed for market overnight - Gift Nifty, inflation to Bitcoin price rally
Sensex plunged 523.00 points, or 0.73%, to close at 71,072.49, while the Nifty 50 settled 166.45 points, or 0.76%, lower at 21,616.05. “The premium valuation gap between mid to large caps has notched to its all-time high. Despite a robust economic forecast, corporate earnings are expected to slow due to moderated operating margins.
12.02 / 22:23
12.02 / 21:01
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DEXTools
top crypto gainers today
Top Crypto Gainers Today on DEXTools – CSHIB, DADA, FERRET
Bitcoin may be stealing the headlines after crossing above $50,000 for the first time since late 2021 on Monday, but for investors looking to turn a quick profit will continue to turn to the top crypto gainers today on DEXTools.
12.02 / 18:39
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electronic
India’s rival is Vietnam in the game of attracting global manufacturers
If India wants to build a robust computer and electronics manufacturing industry, it needs to shift focus, fast. Instead of concentrating on its domestic market, it should become regionally competitive and export-driven. That would mean recognizing that Vietnam, not China, is its biggest rival.
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