China Financial News

08.01 / 12:54

markets UPS show reports JLR achieves highest wholesales in 11 quarters, reports 27% YoY growth in Q3FY24; check details

Also Read: SUV allure lifts passenger vehicle sales past 4 million in 2023 Notably, the Range Rover Sport wholesale volumes witnessed a surge of 49% YoY, with 16,921 units. Similarly, Range Rover achieved a 12% YoY increase with 18,843, while Defender saw a rise of 14% YoY, reaching 27,117. Wholesale volumes for the financial year to date were 291,113, up 28% YoY, according to the company.

08.01 / 12:48

Reuters NVIDIA Browser Research information recommendations Podcasts 2024 Nvidia to launch China-focused AI chip in Q2 2024

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08.01 / 12:18

markets security economy wellness country reports Interviews UBS is expanding its China onshore wealth business

UBS Group aims to grow its wealth and asset management business in China, despite the slowing economy and dearth of deals that’s weighed on some Wall Street and European lenders in the country.

08.01 / 12:00

UK US companies BAE Systems subsidiary included in China's company ban following Taiwan deal

The Chinese Foreign Ministry said in a statement on Sunday (7 January) that the sanctions were 'in response to these gravely wrong actions taken by the US', although they did not name the recent aid package specifically.

08.01 / 11:29

markets Apple Trade Xiaomi show track reports Apple stock slips as new report shows iPhone continues to underperform in China

According to Jefferies' industry checks, Apple’s (AAPL) iPhone experienced a year-over-year decline of over 30% recently.

08.01 / 11:28

markets UPS economy Boeing show reports Futures edge lower, Boeing shares slump premarket - what's moving markets

Investing.com -- U.S. stock futures edge lower on Monday with all-important inflation data out of the world's largest economy due later this week. Elsewhere, Boeing (NYSE:BA) shares fall premarket as the planemaker and U.S. regulators reportedly discuss the criteria for safety inspections after a dangerous mid-air fuselage breach. Meanwhile, an executive at the electric vehicle division of China's Evergrande is detained on suspicion of «illegal crimes.»

08.01 / 09:15

markets Aviat Manufacturing Boeing wellness Trade inflation data European stocks mixed; caution ahead of important inflation data

Investing.com — European stock markets traded in a mixed fashion Monday, with risk appetite subdued at the start of a week that includes the release of key inflation data from the U.S., Japan and China.

08.01 / 07:58

Remark President Celebrity social reports strain Maldives President Mohamed Muizzu's China visit deepens diplomatic shift as India, Maldives ties strain

Mohamed Muizzu, accompanied by First Lady Sajidha Mohamed and a delegation of senior government officials, embarked on an official visit to China on January 7. The invitation for the visit was extended by the President of the People’s Republic of China, Xi Jinping. The official visit is scheduled to continue until January 12, and a group of local journalists is also accompanying the President.

08.01 / 07:22

COST Citi Target security pandemic Diversity reports Hybrid to full-time office: Hong Kong workers seek 6% hike. Here's why

CBRE Group Inc. Compounding the issue, mainland companies, which historically contributed to rising rentals, accounted for only 11% of new leases in 2023, down from 18% in 2021. In response to the potential demand for increased in-office presence, 27% of respondents sought a salary raise, predominantly targeting a 6% or higher increment, while another 24% contemplated changing jobs to secure flexible work arrangements.

08.01 / 06:20

COST UPS Food Experts reports Thali costs ease sequentially in December as tomato and onion prices decline

Crisil report. While the cost of non-veg thali declined 5% in December to Rs 57.6 from Rs 60.4 in the previous month, the cost of veg thali was down 3% to Rs 29.7 However, compared to the previous year veg thali prices were still up 12% in December.

08.01 / 06:20

markets UPS Aware security Trade performer Exclusive-China regulators lift stock net-selling ban for mutual funds-sources

SHANGHAI/SINGAPORE (Reuters) — China's securities regulator is allowing mutual fund managers to sell more shares than they buy each day, three sources said, removing a ban introduced late last year aimed at propping up a flagging stock market.

08.01 / 06:20

COST MSCI Nikkei Trade country reports Asia shares ebb into the red as inflation, earnings loom large

By Wayne Cole

08.01 / 05:58

markets COST economy Nov wellness Trade Marketmind: Risk appetites sour, with inflation on the menu

A look at the day ahead in European and global markets from Wayne Cole.

08.01 / 05:31

markets economy Nikkei Trade War show country inflation data Asian stocks Asian stocks slip as rate-cut bets ease; Inflation data deluge on tap

Investing.com-- Most Asian stocks fell on Monday after a surprise jump in U.S. nonfarm payrolls saw markets rethink expectations for early interest rate cuts, with focus now turning to a string of key inflation readings this week.

08.01 / 04:22

markets UPS economy Remark pandemic show India’s fast emerging economy can surely do better

The first advance estimates of our national income for 2023-24 issued by the National Statistical Office on Friday show India’s economy blazing ahead, with gross domestic product (GDP) seen rising 7.3%. As China sputters, India is poised to retain its fastest-growing major economy tag, having rebounded sharply from the pandemic on the back of infrastructure spending by the government. In 2021-22, we made up for the previous year’s covid contraction, and then logged 7.2% GDP growth last fiscal year.

08.01 / 04:08

Provident Experts social exclusive reports travelers SOLIDARITY EaseMyTrip share price in focus as co-founder suspends all Maldives flight reservations amid India-Maldives spat

₹41.65 on BSE. Nishant Pitti took to social media X to express his support for India, saying, “In solidarity with our nation, @EaseMyTrip has suspended all Maldives flight bookings." Pitti praised Lakshadweep's beaches and waterways, drawing comparisons to the Maldives and Seychelles, and promised exclusive deals to draw attention to the area. EaseMyTrip, an online provider of travel solutions, started the #ChaloLakshadweep campaign to visit Lakshadweep.

08.01 / 02:11

markets Reuters economy Trade reports recommendations Updates Weekend Indian stock market: 7 things that changed for market over weekend - Gift Nifty to US nonfarm payrolls

Sensex closed the day 178.58 points, or 0.25%, higher at 72,026.15, while the Nifty 50 settled at 21,710.80, up 52.20 points, or 0.24%. Also Read: Market ahead: Q3 results, Red Sea crisis, inflation, FII activity among key market triggers to watch next week “Healthy pre-quarterly business updates indicate that the earnings growth momentum is likely to continue in Q3 as well. Overall we expect markets to remain in a positive range.

08.01 / 02:08

markets wellness trends Trade show reports Updates open Sensex Today | Share Market Live Updates: Indices to open flat; Gift Nifty muted

Sensex Today | Share Market Live Updates: Indian stock indices are expected to open flat on Monday as indicated by trends in Gift Nifty. The markets are likely to be significantly influenced by the upcoming quarterly earnings from major IT companies like TCS and Infosys, as well as global market trends.

08.01 / 01:48

markets Provident Trade show country Oil prices dip on Saudi price cuts, Middle East tensions persist

Investing.com-- Oil prices fell in Asian trade on Monday after Saudi Arabia slashed the prices of its Asian crude exports to over two-year lows, although losses were limited as traders watched for any potential supply disruptions from the Middle East.

07.01 / 21:29

markets Career CEO President Sarepta information reports Calliditas names Maria Törnsén President North America

STOCKHOLM — Calliditas Therapeutics AB (NASDAQ:CALT) (Nasdaq Stockholm: CALTX), a biopharmaceutical company specializing in rare diseases, today announced the appointment of Maria Törnsén as President of its North American operations. Törnsén, who brings over two decades of experience in the biopharma sector, will oversee all U.S. operations and report directly to the CEO, Renée Aguiar-Lucander.

07.01 / 19:26

Election BAY Trade President peace Just 40% voting in Bangladesh Parliamentary polls

Sheikh Hasina is set to return to power for a fourth straight term in office as early results point to sweeping victory for her party, Awami League, in the parliamentary elections. The polls were boycotted by the main Opposition Bangladesh Nationalist Party. India's close partner in the eastern neighbourhood went to polls on Sunday. Chief Election Commissioner Kazi Habibul Awal said the 12th Jatiya Sangsad elections were held almost peacefully, with around 40% voter turnout.

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