China Financial News
17.01 / 05:29
Target
Death
Coronavirus
Experts
Virus
strain
China continues experiments with 'lethal' COVID strain; experts raise alarm: ‘This madness must be...’
coronavirus strain, GX_P2V. It resulted in a 100% fatality rate in genetically-modified mice. This strain is a mutation of GX/2017, a virus initially identified in Malaysian pangolins in 2017.
17.01 / 05:29
UPS
security
performer
blues
reports
India vs Afghanistan 3rd T20I match: Who’ll win IND vs SA match? Prediction, fantasy team, pitch report and more
Shivam Dube and Yashasvi Jaiswal shining bright with their batting performances. India and Afghanistan have played 7 T20I matches against each other so far, with 6 of those producing results. The Afghans are yet to secure a win against the Men in Blue.
17.01 / 03:51
CEO
security
Sustainability
Limelight
President
War
country
Davos 2024: On Day Two, Zelenskyy, Li steal the limelight
geopolitics and artificial intelligence as more leaders from around the globe assembled at the snow-clad Swiss resort to discuss challenges and crises facing the world. On the second day, Ukraine President Volodymyr Zelenskyy and Chinese Premier Li Qiang stole the limelight, while Donald Trump was another talk of the town subject for his resounding victory in Iowa caucuses and the prospect of him returning to the White House.
17.01 / 03:41
Central Bank
Trade
reports
International
Russian Central Bank ‘Turning a Blind Eye’ to Crypto-powered Trade – Senator
A Russian senator has claimed the nation’s Central Bank is “turning a blind eye” to firms that use crypto as a payment tool in international trade.
17.01 / 02:21
17.01 / 02:17
markets
UPS
Manufacturing
economy
love
country
View: India’s growth has Chinese characteristics
GDP growth.” That was the marketing blitz India took to Davos in 2006. The idea was not so much to woo the West overnight as to wean it away from its fascination with China, whose gross domestic product back then was expanding at double-digit rates. Eighteen years later, India is hosting a second coming-of-age party this week at the World Economic Forum in the Swiss Alpine town, though in vastly changed circumstances. For one thing, the most-populous nation no longer needs qualifiers like “the world’s fastest-growing free-market democracy” to highlight its exceptionalism — at 7.3%, it’s expanding quicker than any other major economy. Nor does New Delhi need to apologize for frequent political change.
17.01 / 02:12
markets
Target
security
Align
Sustainability
trends
Trade
Day trading guide for today: Six stocks to buy or sell on Wednesday —January 17
Day trading guide for today: Domestic equity benchmarks Sensex and Nifty 50 snapped their five-day winning streak in the previous session on profit booking in shares of select heavyweights, including Reliance Industries, Infosys, TCS and HCL Tech amid weak global cues. The domestic market spent most of the day in negative territory on January 16, but it experienced a brief upswing during the session, pushing the benchmarks to achieve new record highs. However, the indices erased all gains upon closing.
17.01 / 02:11
Target
economy
Research
President
country
audience
reports
China GDP grew around 5.2% in 2023 without relying on 'massive stimulus', Premier Li says at Davos
Li Qiang said in Davos, Switzerland. “Last year in 2023, the Chinese economy rebounded and moved upward with an estimated growth of around 5.2%, higher than the ‘around 5%’ target set at the beginning of last year," Li said on Tuesday in his first appearance as China’s No. 2 official at the annual World Economic Forum.
17.01 / 02:11
markets
UPS
Reuters
Research
Nikkei
Trade
reports
Indian stock market: 7 key things that changed for market overnight - Gift Nifty to spike in US dollar, Treasury yields
Sensex declined 199.17 points, or 0.27%, to close at 73,128.77, while the Nifty 50 settled 65.15 points, or 0.29%, lower at 22,032.30. “Following global cues, domestic equities took a breath after rallying in the last few sessions. Overall we expect the market to consolidate in higher zones," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
17.01 / 01:39
markets
Target
FIVE
JPMorgan
economy
pandemic
International
China's economic growth is set to slow in 2024. Here's what Wall Street is predicting
BEIJING — Major international investment banks expect China's economy to grow at a slower pace in 2024 than in 2023, according to annual forecasts released in the last few months.
16.01 / 15:27
Provident
Platform
Trade
country
information
medicines
International
Non-tariff barriers: India toughens stance, to impose curbs on reciprocal basis
NEW DELHI : India is taking a tough stand on non-tariff barriers being imposed on Indian exports by other countries and would also take similar measures on a reciprocal basis, Commerce and Industry Minister Piyush Goyal said on Tuesday. He asked the industry to share a list of such measures so that India can flag them with the respective nations. Many of India's exports suffer due to such barriers which include cumbersome prior registration requirements, higher pesticide levels, and unreasonable domestic standards/rules in many countries.
16.01 / 13:57
16.01 / 13:25
markets
Provident
ETF
Trade
Arthur Hayes
Bitcoin
Spot ETFs
Spot Bitcoin ETFs Present New Trading Opportunities Amid Global Price Swings: Arthur Hayes
Former BitMEX CEO Arthur Hayes believes the emergence of spot Bitcoin (BTC) exchange-traded funds (ETFs) would be a game-changer for traders worldwide.
16.01 / 13:20
People moves
fixed income
Boutique
Vontobel appoints head of fixed income boutique as Lue-Fong retires
Andrew Jackson (pictured) was previously head of fixed income at Credit Suisse Asset Management.
16.01 / 13:09
16.01 / 12:19
UPS
Cooper
economy
President
peace
open
WEF at Davos: China's Premier Li Qiang tells world it is growing and open for business
Li Qiang said on Tuesday in Davos the Chinese economy was open for business and highlighted its potential for foreign investment as its vast population becomes rapidly more urban and its middle class is forecast to grow. As China grapples with a sluggish post-pandemic recovery and a real estate slump, overseas executives have grown concerned about its long-term growth prospects for the first time in the four decades since Beijing opened it up to foreign investment.
16.01 / 12:09
markets
UPS
Citi
DISH
love
Celebrity
performer
NOT
Celebrate CNY in Hong Kong Like a Local: Experience Little-Known Festive Traditions and Not-to-be-missed Events
With bustling flower markets, exciting city-wide events and beautiful festive displays galore staging throughout the entire festive period from day to night, Hong Kong is one of the Asian cities with the richest CNY ambience. Tourists looking to experience a celebration like no other should definitely pay a visit during Chinese New Year - and we can show you how to celebrate just like the locals do.#1 Tuck into a Poon Choi Feast for Being Perfect in Every Way Also known as a “basin meal,"poon choiused to be a rather under-the-radar dish, confined mostly to rural villages.
16.01 / 12:01
CEO
economy
Election
President
rock
Relationships
NOT
Trump is a 'transactional president' but may not rock the boat on China, Standard Chartered CEO says
Former U.S. President Donald Trump would be a «transactional president» if he returns to power, but is unlikely to blow up the Biden administration's rebuilding of relations with China, according to Standard Chartered CEO Bill Winters.
16.01 / 12:01
Cooper
security
Remark
President
country
innovations
International
China's premier tells Davos that innovation shouldn't be used to restrict other nations
Chinese Premier Li Qiang said that tech innovations should not be used as a way to restrict or contain other countries.
16.01 / 11:19
markets
UPS
TikTok
Uniqlo
social
reports
Videos
Japan's Uniqlo sues China rival Shein over viral bag copies
Uniqlo said Tuesday that it is suing Chinese rival Shein over copycats of a massively popular crossbody pouch dubbed online the "Mary Poppins carryall". Videos of fans praising its deceptively small size have gone viral on social media, with one clip on TikTok of a young woman unpacking numerous large items racking up more than a million views.
16.01 / 11:19
markets
Experts
Rupee halts nine-day winning streak on broad dollar strength
rupee snapped a nine-day winning streak on Tuesday, pressured by a broadly stronger dollar and a risk-off in regional markets amid high inflationary pressures continuing to cloud the interest rate outlook. The rupee ended at 82.07 to the U.S. dollar compared with its previous close at 82.88. The currency fell 0.2% on the day, marking its worst single-day fall since Sept.
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