China Financial News

By Veronica Dudei Maia Khongwir

earnings for the December quarter. Markets will also be influenced by the interest rate decisions of the BoJ and European Central Bank (ECB), along with US GDP data. On January 20, the domestic equity markets ended the special trading session of Saturday lower dragged by selling in index heavyweights as investors reacted to Q3 results.

The recent remarks by U.S. Senator Mike Rounds at the World Economic Forum in Davos have shed light on a crucial aspect of the ongoing technology race between the United States and China. As the U.S. continues to enforce strict controls on the export of advanced AI chips to China, it highlights the tenuous balance of power in global AI supremacy.

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Advanced Micro Devices, Home Depot , Lowe’s, and Lululemon Athletica.

Moody’s Analytics has found 21 million “red flags” associated with shell companies that could be used to enable financial crimes, from ancient directors to dubious addresses.

Global hedge funds are having a notable shift in sentiment towards U.S. technology stocks, actively accumulating positions in the sector at the swiftest pace in two months, according to Goldman Sachs.

earthquakes were felt in the Delhi-National Capital Region after a quake struck northern India on Monday late night. An earthquake of 7.2 magnitude struck the Southern Xinjiang region at 11.29 IST, the National Centre for Seismology reported on X (formerly called Twitter) The quake was at a depth of 10 km (6.21 miles) Earlier on Saturday, an earthquake of 4.4 magnitude on the richer scale jolted Andaman and Nicobar island.

New Delhi is eager that more manufacturing companies choose India as a production hub, and has offered investment sweeteners. The wait is on for the trickle of FDI to turn into a flood. Marquee names, such as Tesla, are being courted.

Brent crude experienced a 90-cent increase, reaching $79.46 per barrel by 1450 GMT. Simultaneously, the front-month US West Texas Intermediate crude futures contract for February delivery saw a $1.10 rise, reaching $74.42 per barrel in subdued trading conditions as the contract approached its Monday expiration. The March WTI contract, which was more actively traded, rose by 91 cents to reach $74.16.

free trade agreement between India and the four-nation EFTA bloc are at an advanced stage as both sides have reached a shared understanding on key issues, a senior official has said. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. India and the EFTA have been negotiating the pact, officially dubbed as Trade and Economic Partnership Agreement (TEPA), since January 2008 to boost economic ties.

BBC, the visa scheme was severely criticised in the country for increasing corruption and allowing wealthy foreign nationals to park illegal funds in Australia. Moreover, the dominance of Chinese investors was visible on the list of successful applicants as the Australian government data revealed that 85% of the SIVs were granted to people from China.

Union Ministry of Home Affairs (MHA) has sanctioned about 1022 kms of roads under Vibrant Villages Programme (VVP) programme for the state. Khandu, who is on a tw-day tour of Upper Siang district, at Tuting today appealed members of the five resident communities — Memba, Khamba, Adi, Mishmi and Tangam – to coexist peacefully and become equal stakeholders in development of the border areas. In a public meeting, he said that the communities residing in the northern most part of the district that shares international border with Tibet-China have been living peacefully since ages and that there shouldn’t be any issue that disturbs this relationship of brotherhood. “Upper Siang’s Tuting administrative division is one of the most vivid and colourful in terms of the people living here. Each one of them are unique, distinct and independent.

OnePlus 12R, scheduled for January 23, 2024. The 'Smooth Beyond Belief' event, taking place at Pragati Maidan, New Delhi, promises an exciting showcase of the latest offerings from the tech giant.

The benefits of monetary easing by the People’s Bank of China have already been priced in and “punchier” policies are needed to revive the country’s equities, according to the global wealth management arm of UBS Group AG.

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By Natalie Grover

By Nell Mackenzie and Wayne Cole

BEIJING (Reuters) — China will take more forceful and effective measures to support market confidence, state media CCTV reported on Monday, citing a cabinet meeting, following a plunge in Chinese shares.

Investing.com-- Most Asian stocks rose on Monday, with Japanese shares leading gains as hype over AI drove investors into tech, while Chinese markets continued to decline amid persistent fears of a slowing economic recovery.

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OnePlus 12 just a day before its formal launch. According to the leak, the base variant with 12GB RAM is expected to be priced at Rs. 64,999, while the 16GB RAM model will come with a price tag of Rs.