China Financial News

18.01 / 03:41

Target BLOCK Action strain International Pakistan hits militant targets in Iran days after drone and missile attacks in Balochistan

Iran's attack on a terrorist group's headquarters within Pakistan, the conflict takes a significant turn as Pakistan retaliates. The strikes focus on Baloch separatist factions, namely the Balochistan Liberation Front and the Balochistan Liberation Army, intensifying hostilities. Expressing strong disapproval, Pakistan's Ministry of Foreign Affairs deemed the violation of sovereignty «completely unacceptable,» emphasizing the existence of communication channels between the nations.

18.01 / 03:35

economy performer country Chinese shudders: Fewer people is bad news

For an economy already caught in a slowdown, Wednesday’s release of China’s population data made it a double whammy. The official headcount fell for the second straight year in 2023. The decline of 2.08 million, though small for a country of more than 1.4 billion, was twice the fall in 2022, its first in six decades.

18.01 / 03:35

markets Target security Research trends Trade recommendations Day trading guide for stock market today: Six stocks to buy or sell on Thursday — 18th January

Day trading guide for today: Following weak global market sentiments on disappointing Chinese economic data and geopolitical tension in the Middle East, the Indian stock market fell on the second day in a row. Nifty 50 index registered the biggest intraday fall since 13th June 2022 due to the panic selling across the board led by banking stocks. The 50-stock index crashed 460 points and closed at a 21,571 level, BSE Sensex tanked 1,628 points and closed at a 71,500 level whereas the Bank Nifty index nosedived 2,060 points and finished at 46,064 mark.

18.01 / 02:47

markets Target FIVE economy Research MSCI show Rate Cut Asian stocks rate cut bets Asian stocks struggle as China drags, rate cut bets dwindle

China and expectations the global rate easing cycle may not come as early as some had initially thought. U.S.

18.01 / 01:51

Action country reports rights International Call on two sides to exercise restraint: China amid Iran-Pakistan tensions

Iran's strikes on the bases of a terrorist group in Pakistan, China has called on both sides to exercise restraint and avoid actions that escalate tensions. While addressing a regular press briefing on Wednesday, Chinese Foreign Ministry spokesperson Mao Ning said that China believes that the ties between the two nations should be handled based on basic norms governing international ties underpinned by the principles of the United Nations Charter.

18.01 / 01:51

markets Action Research Trade track recommendations Commentary Indian stock market: 6 key things that changed for market overnight - Gift Nifty to upbeat US retail sales data

Sensex cracked 1,628.01 points, or 2.23%, to end at 71,500.76, while the Nifty 50 ended 460.35 points, or 2.09%, lower at 21,571.95. “Hawkish Fed commentary, escalating tension in the Middle East, and a spike in bond yield dented investor sentiment. On the domestic front, the market would look at quarterly results for stock-specific action and we expect indices to consolidate after a sharp sell-off," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

18.01 / 01:51

markets Target Booking trends Trade Experts recommendations Buy or sell: Vaishali Parekh recommends three stocks to buy today — January 18

Buy or sell stocks for today: Following weak global market sentiments on disappointing Chinese economic data and geopolitical tension in the Middle East, Indian stock market fell on second day in a row. Nifty 50 index registered biggest intraday fall since 13th June 2022 due to the panic selling across the baord led by banking stocks.

18.01 / 01:51

markets Citi economy trends Trade show International China's commercial real estate market attracts bargain hunters as prices plummet

Colliers International Group Inc., which says prime office values tumbled about 30% from their pre-Covid high in some of the nation’s major cities. “Given how deep prices have corrected, there are lots of bargain-hunting opportunities," said Jimmy Gu, a deputy managing director and co-head of capital markets and investment services at Colliers. “It all depends on buyers’ outlook for the economy." Grade-A offices in Shanghai and Beijing used to be sought after by global real estate funds, making them more attractive than those in New York and London.

18.01 / 01:27

Waters wellness Trade country exclusive peace China, Philippines seek better communication, management of conflicts in South China Sea

BEIJING (Reuters) -China and the Philippines agreed to improve maritime communication and to properly manage conflicts and differences through friendly talks in regards to issues around the South China Sea, according to a statement from the Chinese foreign ministry.

18.01 / 00:34

BLOCK CEO Platform ByteDance TikTok social Courts Iowa sues TikTok alleging parents misled about inappropriate content

By Nate Raymond and David Shepardson

17.01 / 23:59

UPS Trade show reports week Oil inventories unexpectedly rise by 483,000 barrels last week: API

Investing.com — U.S. crude stockpiles unexpectedly increased last week, the API reported Wednesday, at a time when concerns about demand continue to rise following weaker growth from China.

17.01 / 23:59

markets UPS economy wellness trends show Scotiabank, ING bearish on Loonie as Canadian dollar loses further ground vs. USD

By Ketki Saxena

17.01 / 20:55

Target economy pandemic Trade students show prevention China's economy expanded 5.2% last year, hitting the government's target despite an uneven recovery

China’s economy for the October-December quarter grew at a quicker rate, allowing the Chinese government to hit its target of about 5% annual growth for 2023 even though trade data and the economic recovery remain uneven

17.01 / 20:55

Target economy students Universities show Schools China starts publishing youth jobless data again, with new method and a lower number

China published youth unemployment data Wednesday for the first time since the jobless rate hit a record high in June last year, using a new method that showed an apparent improvement

17.01 / 20:04

Platform ByteDance TikTok Death social recommendations Courts Mother whose child died in TikTok challenge urges US court to revive lawsuit

By Nate Raymond

17.01 / 17:57

markets Provident economy Research wellness country Oil drops 1% on sluggish Chinese economic recovery, stronger US dollar; Brent at $77/bbl

₹5,978 per bbl, having swung between ₹5,868 and ₹6,017 per bbl during the session, against a previous close of ₹6,003 per barrel. Also Read: OPEC Expects Global Oil Demand to Slow in 2025 -Tensions remained high after the US mounted fresh strikes against Iran-aligned Houthi militants in Yemen on Tuesday after a Houthi missile hit a Greek vessel. Analysts say that oil prices may find a ceiling unless production is shut in.

17.01 / 16:14

Death trends country China’s Population Decline Accelerated Last Year

China’s population decline accelerated last year, worsening a demographic gloom that has taken on increasing urgency for Beijing. China ended 2023 with 1.410 billion people, the National Bureau of Statistics said Wednesday, down from 1.412 billion in 2022, when it hit a historic turning point: the first year the population shrank since starvation years in the early 1960s. Over the past year, China’s population dropped by 2.08 million, more than twice as many as in 2022.

17.01 / 16:14

Citi Career Election President Universities medicines Taiwan’s New Leader Says He’ll Stick to Status Quo

TAINAN, Taiwan—More than a decade ago, some residents of this southern Taiwanese city got a lesson in the character of the man who is now set to be Taiwan’s next president. Lai Ching-te, then Tainan’s mayor, wanted to move a section of railway underground. Residents whose homes would have to be demolished blocked bulldozers with their bodies and accused him of selling them out to property developers.

17.01 / 16:12

markets Target economy Sustainability Election wellness country Davos 2024: Leaders watch global economy with a cautious optimism

global economy is on everyone’s mind. In 2023, global growth was quite resilient and inflation also toned down. Several countries such as the US and China did relatively well in the second half of 2023.

17.01 / 13:41

BLOCK Progressive Manufacturing Volkswagen Airlines Entertainment Tesla fall Tesla, Walt Disney and Spirit Airlines fall premarket; Instacart rises

Investing.com — U.S. futures slipped lower Wednesday on concerns that interest rate cuts by the Federal Reserve could be further away than earlier anticipated.

17.01 / 13:23

markets UPS Reuters show strain India rejects iron ore miner NMDC's proposal for China exports: Sources

India's government has turned down a request from state-owned iron ore miner NMDC Ltd to export its ore to China, the world's largest iron ore consumer, three sources with direct knowledge said. The government has instead asked NMDC, India's largest state-owned iron ore miner, to focus on domestic sales, said the sources who didn't wish to be named as they were not authorised to talk to the media. China accounts for around 80% of India's overall iron ore shipments.

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