China Financial News

15.01 / 10:45

markets UPS Target Trade show country week Oil prices slip lower, consolidating ahead of data-heavy week

Investing.com-- Oil prices retreated Monday as markets awaited new developments in the Middle East conflict, while anticipation of several key U.S. and Chinese economic readings this week kept sentiment on edge.

15.01 / 10:45

markets Progressive Sustainability Election Nikkei show performer Asian stocks Asian stocks inch higher as rate-cut bets persist, Nikkei extends rally

Investing.com-- Most Asian stocks rose past early weakness on Monday as traders maintained bets that the Federal Reserve will cut interest rates early, with Japanese markets extending a rally to 34-year highs.

15.01 / 10:45

markets MSCI Nikkei Trade show country gatherings week Rate Cut Global stocks steady before busy week, China skips rate cut

By Harry Robertson and Wayne Cole

15.01 / 10:45

markets Google Apple Software NVIDIA pandemic Microsoft topples Apple to become global market cap leader

(Reuters) — Microsoft (NASDAQ:MSFT) has eclipsed Apple (NASDAQ:AAPL) to become the world's largest company by market capitalization, driven by its deep focus on generative artificial intelligence (AI), a sector that has garnered increasing investor favour.

15.01 / 10:45

markets UPS Provident Commerzbank Trade Yuan slides after PBOC, dollar little changed on MLK Day

By Joice Alves and Rae Wee

15.01 / 08:20

Reuters Progressive Election country ‘China used economic aids to…’: Taiwan as Nauru switches diplomatic recognition

AFP. China said it welcomed Nauru's decision to cut ties with Taiwan.

15.01 / 07:19

Progressive Election War Videos peace stake Why China Is Going All-Out To Influence Elections In Taiwan | What's At Stake?

The 20 million people voting in Taiwan are being k... moreThe 20 million people voting in Taiwan are being keenly watched from across the strait.

15.01 / 07:19

UPS Cooper Election President stage Relationships India-Maldives row: Why does Maldives want Indian troops out | Explainer

Male sets deadline for Indian troops' withdrawal, EAM says ‘cannot guarantee…' India's government has traditionally considered the Maldives, home to around half a million people, to be within its sphere of influence. China and the Maldives upgraded their relationship during Muizzu's first state visit to Beijing last week by agreeing to a "comprehensive strategic cooperative partnership" that sets the stage for the Asian giant to up its investments in the Maldives.

15.01 / 07:13

markets UPS Aviat Airlines Boeing travelers Investigations Boeing’s mid-air panel blowout has ‘shaken trust’. What travellers should know

The fallout from the mid-air blowout of a panel on an Alaska Airlines flight last week adds to the already “checkered history” for Boeing’s MAX jets, experts say, and puts the company’s once-sterling commercial aircraft reputation further at risk.

15.01 / 07:09

markets security Apple Xiaomi show Department Schools Apple offers iPhone 15 at rare discount in China as competition intensifies

Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world's biggest smartphone market. The U.S. tech giant cut prices of some iPhones by 5%, its Chinese website showed on Monday. The time-limited promotion, branded as a Lunar New Year event, will last from Jan. 18 through Jan. 21 in a lead-up to the holiday in mid-February.

15.01 / 03:27

Citi Provident Cooper Election President country ‘India should be alert…’: Shashi Tharoor warns on growing proximity between Maldives and China

President Muizzu who recently completed a state visit to China, during which Beijing agreed to provide $130 million for the development of Male, the capital city. The two countries also signed an agreement on agricultural cooperation.

15.01 / 03:27

markets UPS Target Trade reports Updates open Sensex Today | Share Market Live Updates: Indices likely to open higher

Angel One, Kesoram Industries, PCBL and several other companies will announce their third-quarter results today.The US dollar ebbed on Monday on renewed expectations of a rate cut by the Federal Reserve in March, while the yuan fell to a one-month low after China's central bank surprised markets by keeping its medium-term policy rate steady.The company clocked 13.5% sequential growth in profit at ₹4,350 crore in the December quarter, beating analysts' expectations. Revenue grew 6.7% sequentially to ₹28,446 crore (6% in constant-currency terms).The company reported revenue from IT services of ₹22,150.8 crore in the December quarter, down 1.09% from the previous quarter.

14.01 / 22:59

markets Progressive Election Trade President International Taiwan election a relief for world markets, concern for local investors

By Tom Westbrook and Ankur Banerjee

14.01 / 20:57

markets Citi Action reports stake Grifols says Haier Group still OK to buy stake in Shanghai RAAS

BARCELONA (Reuters) — Spanish pharma company Grifols said on Sunday evening Chinese home appliance maker Haier Group still plans to close the acquisition of a 20% stake in Shanghai RAAS Blood Products as announced in late December.

14.01 / 19:23

markets Digital ETF Trade Bitcoin Spot ETFs Morgan Stanley: Spot Bitcoin ETFs Could Reshape Global Crypto Attitudes

The crypto landscape has changed dramatically over the past few years, with stablecoin volumes challenging traditional payment giants like PayPal and Visa.

14.01 / 18:29

markets UPS Platform security Universities reports International VCs conservative on edtech, content firms: Coursera CEO

NEW DELHI : The downfall of Byju’s, once a $22 billion giant and India’s leading edtech startup, has sent ripples across the tech industry, triggering caution among venture capital (VC) and private equity (PE) funds. This has let to a persistently challenging market, Jeff Maggioncalda, chief executive officer of US-based edtech firm Coursera, said in an interview with Mint. “How the Byju’s crash affected the overall edtech industry depends on the stage each company is at, and where in edtech it caters to. Edtech in India and China are not looking good these days.

14.01 / 18:29

Citi Provident MET President country social Maldives sets 15 March deadline for India to pull out its troops

NEW DELHI : The Maldives has asked India to withdraw its troops stationed in the country by 15 March, said Abdulla Nazim Ibrahim, a top aide to President Mohamed Muizzu, at a press conference on Sunday. “Indian military personnel cannot stay in the Maldives. This is the policy of President Dr.

14.01 / 18:07

UPS Man Progressive Election trends President Face reality, respect result: Taiwan to China

Taiwan told China on Sunday to «face reality» and respect its election result, after voters defied Beijing's warnings and chose pro-sovereignty candidate Lai Ching-te as its President. Voters spurned Beijing's repeated calls not to vote for Lai, delivering a comfortable victory for a man China's ruling Communist Party sees as a dangerous separatist. Beijing responded to Lai's victory by saying it would not change the «inevitable trend of China's reunification».

14.01 / 18:07

Aware Platform Action President country social rights India should be alert about proximity of Maldives to China: Shashi Tharoor

India should certainly be alert about the proximity of Maldives to China and the government must be aware of the danger that this represents, Congress MP Shashi Tharoor said here on Sunday. China has been attempting to expand its influence throughout India's periphery, he said at the 54th annual day of 'Thuglak' magazine here.

14.01 / 17:59

UPS Reuters CEO Experts NOT FedEx has not seen much impact from Red Sea disruptions, CEO says

(Corrects paragraph 2 to say Subramaniam took over as CEO in 2022, not 2023)

14.01 / 17:31

Man Election trends President country peace China FM warns Taiwan independence moves will be 'harshly punished' after poll

China's top diplomat warned Sunday that any steps towards Taiwan's independence would be «harshly punished», after the self-ruled island defied Beijing's warnings and chose pro-sovereignty candidate Lai Ching-te as president. Voters on the island spurned Beijing's repeated calls not to vote for Lai, delivering a comfortable victory for a man China's ruling Communist Party sees as a dangerous separatist.

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