China Financial News

Moto G34 5G in India through a post on platform X. The official unveiling is set for January 9 at 12:00 pm IST, and the smartphone will be made available for purchase on both the company's official website and Flipkart. A dedicated landing page on Flipkart has been established to generate anticipation for the smartphone's arrival, emphasizing its distinctive vegan leather finish.

India's top gas importer Petronet LNG is likely to sign a deal this month to extend its long-term liquefied natural gas (LNG) imports from Qatar to beyond 2028, India's Oil Secretary said on Wednesday. Petronet has a 7.5-million metric ton per year (tpy) long-term LNG import deal with Qatar and its promoters Indian Oil Corp, Bharat Petroleum Corp and GAIL (India) Ltd has a 1 million tpy deal. Indian companies had until the end of 2023 to negotiate with Qatar for renewal of the deals to beyond 2028. «We are pretty close to signing the deal,» Oil Secretary Pankaj Jain told reporters. Qatar, the world's top LNG exporter, aims to expand its liquefaction capacity to 126 million tpy by 2027 from 77 million and has signed long-term deals with European majors Shell, TotalEnergies and ENI. It has also signed long-term gas deals with China's Sinopec, China National Petroleum Corp and Bangladesh.

SHANGHAI/SYDNEY (Reuters) — China's leading bubble tea makers including Mixue Bingcheng and Guming are rushing to apply for first-time share sales in Hong Kong as companies in the fast-growing sector expand aggressively amid fierce competition.

Investing.com -- U.S. stock futures point lower on Wednesday after a mostly downbeat start to 2024 in the prior session. Markets are now awaiting the publication of the minutes from the Federal Reserve's December policy meeting and, with it, potential clues into the central bank's interest rate path in the coming months. Elsewhere, sales of Tesla's (NASDAQ:TSLA) China-made cars soar in December, but Elon Musk's electric vehicle giant is still grappling with fierce competition in the country.

Stocks finished lower, with the S&P 500 down about 60 bps, led mostly by mega-cap tech and Apple (NASDAQ:AAPL).

Indian Institute of Technology Kanpur (IITK) has filed a record 122 intellectual property rights (IPRs) and achieved a licensing rate of around 14% to industry partners in 2023, the premier technology institute said in a statement on Wednesday. IIT Kanpur has now filed a total of 1,039 IPRs to date, a testimony to its strength in cutting-edge research and innovation. The 122 IPRs filed last year include 108 patents, four design registrations, three copyrights, and one trademark application, along with four US and two China patents. The year also saw 167 IPRs being granted with 15 technologies licensed. The patents are for inventions from varied domains such as MedTech and nano technology, including innovative healthcare solutions like a portable medical suction device and a continuous lung health monitoring system.

BEIJING (Reuters) — China on Wednesday said a situation in which national security restrictions severely impede global growth due to «the politicisation of economic and trade issues» would be «immoral and unsustainable». after a International Monetary Fund warning.

The Oppo Reno 11 series is widely expected to launch in India on January 11. Per usual, the Chinese smartphone maker has started revealing the key core specs of the upcoming Reno 11 and Reno 11 Pro. In a press release sent out to the media today, Oppo is going to great lengths to highlight portrait photography strides on these new smartphones fueled by proprietary imaging algorithms and whatnot. And yet in some areas, these India-bound phones are taking a step back, when compared to their Chinese counterparts.

India registered about 12 lakh new cancer cases and 9.3 lakh deaths in 2019, becoming the second highest contributor to the disease burden in Asia for that year, according to a new study published in The Lancet Regional Health Southeast Asia journal. Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019. Of these, while China contributed the most with 48 lakh new cases and 27 lakh deaths, Japan recorded about 9 lakh new cases and 4.4 lakh deaths, the international team of researchers including those from the National Institute of Technology Kurukshetra and All India Institute of Medical Sciences (AIIMS), Jodhpur and Bathinda, said. «We examined the temporal patterns of 29 cancers in 49 Asian countries between 1990 and 2019 using estimates from the Global Burden of Disease, Injuries and Risk Factors 2019 Study (GBD 2019),» they wrote in their study. They found that in Asia, the leading cancer was that of tracheal, bronchus, and lung (TBL), resulting in an estimated 13 lakh cases and 12 lakh deaths. It was also found to be most frequent in men and third most frequent in women. Specifically among women, cervical cancer is ranked second or among top-5 cancers in several Asian countries.

(Reuters) — Some of China's top banks have sharpened scrutiny of smaller peers' asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a deepening property debt crisis ripples through the economy.

Left Image: Laboratory-grown diamond factory in China; Right Image: Unpolished laboratory-grown diamonds

Indonesia has launched a new five-year multiple-entry visa for tourists and visitors on business. The Directorate General of Immigration announcing the launch, said that the extended validity will make travel to Indonesia more affordable. Under the new visa, holders can stay in Indonesia for up to 60 days per visit. However, the announcement did not specify the time frame within which the 60 days must be used. The visa fee for this five-year multiple-entry option is set at $972 (IDR 15,000,000), and payment is required to be made online. Holders of this visa will have the flexibility to explore the country, visit family and friends, and participate in events and meetings. The Immigration department of Indonesia has underscored that the new visa is explicitly intended for tourism and business purposes, and holders are not permitted to work for local employers while in Indonesia. Those seeking to work or stay for an extended period must apply for an alternative visa category. Authorities have also warned that failure to adhere to the visa rules may result in fines, deportation, or legal charges.

SHANGHAI (Reuters) — Chinese money managers are rushing to create funds tracking the newly-launched CSI A50 Index, which analysts say is a better reflection of China's economic landscape and government priorities than the country's stock benchmarks.

By Stella Qiu

By Yew Lun Tian and James Pomfret

Investing.com-- Shares of Apple Inc's (NASDAQ:AAPL) biggest Asian suppliers sank on Wednesday, tracking an overnight decline in the iPhone maker after Barclays downgraded the stock citing cooling demand for its flagship product.

Investing.com-- Most Asian currencies nursed steep losses on Wednesday, while the dollar steadied after a sharp overnight rebound as anticipation of more cues on the Federal Reserve saw markets question expectations for early interest rate cuts. 

Investing.com-- Most Asian stocks fell on Wednesday, tracking steep overnight losses on Wall Street as markets second-guessed expectations for early interest rate cuts by the Federal Reserve, especially before more key economic cues this week.

Cost of Living LIVE Updates January 03: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

Montana said on Tuesday it was appealing a decision by a US judge in November to block Montana's first-of-its-kind state ban on the use of short-video sharing app TikTok. Montana Attorney General Austin Knudsen filed a notice that the state is appealing the ruling to the Ninth Circuit US Court of Appeals.

U.S. officials are seizing more shipments of unauthorized electronic cigarettes