China Financial News

02.01 / 13:03

Manufacturing coinbase Mobile Apple Tesla track fall Apple, Tesla and Hasvro fall premarket; Coinbase and Exxon Mobil rise

Investing.com — U.S. futures traded lower Tuesday, with investors consolidating after a stellar year ahead of the release of key manufacturing activity data.

02.01 / 12:59

ETF economy Tesla Bitcoin track reports Futures edge lower after bumper 2023, Bitcoin tops $45K - what's moving markets

Investing.com -- U.S. stock futures point to a lower start to 2024 following a blockbuster year on Wall Street. Elsewhere, China's BYD (SZ:002594) unveils fourth-quarter production figures that heap pressure on Tesla's (NASDAQ:TSLA) spot as the world's biggest electric vehicle maker. Bitcoin tops $45,000, bolstered by expectations that U.S. securities regulators may be edging closer to approving an exchange traded fund tracking the megapopular cryptocurrency.

02.01 / 12:42

Provident economy reports The risk of a US recession has been mitigated- JP Morgan Asset Management

Also Read- Adani Ports December cargo volumes up 42% YoY to 35.65 mt, raises FY24 guidance; stock gains 3% Leading indicators are signaling weaker US growth, but Cembalest has emphasized that these indicators point to a slowdown rather than a sharp decline, suggested the ANI feed. While there's talk of a potential recession in 2024, Cembalest notes that even if it occurs, it is likely to be mild, thanks in part to the Federal Reserve providing ample liquidity to the banking system.

02.01 / 12:00

Booking Manufacturing economy President Bitcoin open New Year, same old concerns as markets open

Markets opened the year on a cautious footing as mounting tensions in the Red Sea drove oil prices higher and weak Chinese data weighed on Asian shares.

02.01 / 11:47

Reuters Manufacturing Browser Bitcoin show 2020 recommendations Marketmind: New year, old plot

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02.01 / 11:47

Target Reuters Browser country reports recommendations Support end Oil prices rise after Iran rejects calls to end support for Houthi Red Sea attacks

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02.01 / 11:19

Provident economy pandemic show country reports Support China lifts policy bank loans, raising housing support expectations

BEIJING (Reuters) -China's central bank made 350 billion yuan ($49.1 billion) in loans to policy banks through its pledged supplementary lending (PSL) facility in December, data showed, fuelling expectations of increased support for the country's ailing housing sector.

02.01 / 11:17

Manufacturing Assurant President reports ASML stock falls on canceled China chip shipments

ASML Holding NV (ASML) shares fell more than 2% in early Tuesday trade following reports that the Dutch manufacturer canceled shipments of some high-end chipmaking machines to China at the request of the U.S. President Joe Biden's administration.

02.01 / 11:16

Target Digital Apple Align 2024 open Apple stock set to open 2024 lower as Barclays cuts to sell on 'lackluster' iPhone sales

Barclays analysts downgraded the rating on Apple (AAPL) stock from Equal Weight to Underweight, expressing concerns about a prolonged period of weak results and the potential for multiple expansion not being sustainable.

02.01 / 11:14

Provident Reuters Manufacturing show track Oil prices jump after U.S. forces repel Houthis in Red Sea

By Florence Tan

02.01 / 11:13

ETF economy Tesla Bitcoin track reports Futures muted after bumper 2023, Bitcoin tops $45K - what's moving markets

Investing.com -- U.S. stock futures point to a muted start to 2024 following a blockbuster year on Wall Street. Elsewhere, China's BYD (SZ:002594) unveils fourth-quarter production figures that heap pressure on Tesla's (NASDAQ:TSLA) spot as the world's biggest electric vehicle maker. Bitcoin tops $45,000, bolstered by expectations that U.S. securities regulators may be edging closer to approving an exchange traded fund tracking the megapopular cryptocurrency.

02.01 / 10:44

Assurant 2020 strain 2024 Will India, China bury the hatchet in 2024? Jaishankar says a lot depends on…

this relationship will find it difficult to progress." Jaishankar recalled the standoff between Indian and Chinese troops in Ladakh's Galwan Valley and said, "Today, part of the problem is exactly because... that in 2020, agreements were disregarded and mutuality at which this relationship is predicated has not been followed...when you ask me where would it go, I would say a lot of it depend on what is the Chinese policy." "It takes two hands to clap..." Jaishankar said.

02.01 / 10:39

Manufacturing Strategy Experts recommendations fall Stock market today: Sensex, Nifty 50 fall; geopolitical concerns, spike in crude oil prices weigh on sentiment

BSE Midcap and Smallcap indices hit their fresh record highs of 37,193.29 and 43,196.17 respectively during the session but failed to hold gains and ended almost flat. The BSE Midcap index ended with a loss of 0.08 per cent while the Smallcap index lost 0.03 per cent. Some 19 stocks ended with gains in the Nifty 50 index today.

02.01 / 10:00

Booking reports Chinese visa case: Congress MP Karti Chidambaram appears before ED, calls it 'futile exercise'

Enforcement Directorate in connection with an alleged money laundering case linked to the issuance of Chinese visas. Speaking to reporters after appearing before the central agency, Karti called it a 'futile exercise', referring to his previous rounds of questioning in connection with the case. «These are routine drills with the (Lok Sabha) elections now approaching. There's not much else to it.

02.01 / 09:59

FIVE Cooper economy Remark Healthcare President country Five nations become full members of BRICS

BRICS bloc of top emerging economies, including India, Russia and China, has announced induction of five full members into it as part of an attempt to expand its strategic heft against the backdrop of Western dominance in world affairs. As Moscow assumed the presidency of BRICS, Russian President Vladimir Putin said on Monday that the grouping has become a 10-nation body now with Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates joining it as new members.

02.01 / 09:14

BURST Qualcomm voice Redmi Note 12 4G gets a significant price cut. Check new price, specs and more

Redmi Note 12 4G, which was launched in India in March last year, has received a significant price cut and is now effectively available for just over ₹10,000. The latest price cut comes at a time when the Chinese smartphone maker is gearing up for the launch of its latest Redmi Note 13 5G series on January 4. Also Read | Redmi Note 13 5G series price and specs leaked online ahead of January 4 India launch The Redmi Note 12 4G, which was launched at a price of ₹14,999 for the 6GB RAM/64GB storage variant and ₹16,999 for the 6GB RAM/128GB storage variant, has now received a price cut of ₹2,000 on both variants.

02.01 / 08:57

IPO Manufacturing CEO Racing Tesla stage country Former Niti Aayog CEO tells Indian automakers to 'raise ambition' as China leads electric cars' market

Year Ender 2023: Top EVs that took center stage in India's 2023 auto market "The race to capture electric car markets globally is presently on. Chinese carmakers account for nearly half of global electric sales. The market is led by BYD at 18% followed by Tesla at 12%.

02.01 / 08:00

Blockchain Digital Cold Storage country innovations reports China Raises Alarm Over Corrupt Officials Exploiting Cold Storage Cryptocurrency for Illicit Cross-Border Transactions

Official Chinese media sources have raised concerns regarding the exploitation of cryptocurrencies by corrupt officials for illicit activities.

02.01 / 05:24

Target economy Pool Experts social recommendations 2024 Jefferies states key reasons why markets could scale new highs. Nifty December'2024 target stands at 24000

Also Read- Top 7 investment trends to look out for 2024 Another reason for Jefferies expecting on market scaling new highs is that they expect improvement in foreign inflows during 2024. Key triggers for Foreign Portfolio Investor flow as per Jefferies will be peaking Dollar, May'2024 general elections and rising significance of India in global markets.

02.01 / 05:23

FIVE Tesla Porsche Xiaomi track reports BYD is set to beat Tesla for a second straight year after producing more than 3 million cars in 2023

BEIJING — BYD said Monday it produced more than 3 million new energy vehicles in 2023, putting the Chinese electric car giant on track to surpass Tesla's production for a second straight year.

02.01 / 03:50

FIVE Digital Manufacturing President country Inside innovations Welcome to the era of AI nationalism

The hottest technology of 2023 had a busy last few weeks of the year. On November 28th Abu Dhabi launched a new state-backed artificial-intelligence firm, AI71, that will commercialise its leading “large language model" (LLM), Falcon. On December 11th Mistral, a seven-month-old French model-builder, announced a blockbuster $400m funding round, which insiders say will value the firm at over $2bn.

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