China Financial News

Motorola has launched its budget 5G smartphone, the Moto G54 5G, in China, adding more ammunition to the growing battle in the budget 5G smartphone segment. Motorola's latest smartphone comes with a lot of great features for its price, including an 18W fast charger, a 50MP rear camera and an OLED panel with a 120Hz refresh rate. The Moto G34 5G is also expected to be released in Europe soon, while the company hasn't confirmed when the budget smartphone will be released in India.

South Asian nation, according to a report by Bloomberg. Hironori Kamezawa, the CEO of the bank, expressed confidence in India's economic growth, stating, "For India, economic growth is not something that will be a challenge; it's a sure thing," as quoted by the Bloomberg report.

Hong Kong court on Friday rejected a bid by the legal team for pro-democracy tycoon Jimmy Lai to have sedition charge against him dropped, in a closely watched national security trial. Lai, 76, the founder of now-shuttered pro-democracy newspaper Apple Daily, was charged with conspiracy to publish seditious publications under a colonial-era sedition law.

Covid-19 LIVE updates However, 16 states and union territories including West Bengal, Odisha, and Himachal Pradesh among others have not reported any Covid cases this time. JN.1 Covid variant: Delhi, Kerala, and other states review coronavirus situation According to the health ministry's data, Kerala accounts for 2,606 active cases of the total of 2,997 cases as of Friday 9 am data. Covid cases in Karnataka stand at 105 and in Maharashtra at 53.

OnePlus Ace 3 smartphone, which will be sold under the name OnePlus 12R in India and other global markets, in the first week of January 2024. OnePlus has already confirmed that the OnePlus 12 series will make its debut in India along with other global markets on 23 January, marking the first time the 'R' series will be seen outside of India. According to a post by a tipster on Digital Chat Station, the OnePlus Ace 3 will make its debut in China on January 4, 2023.

Mitsubishi UFJ Financial Group Inc., Japan’s biggest bank, is looking to further expand in India after making key investments to tap the south Asia nation’s growth potential. “For India, economic growth is not something that will be a challenge,” Hironori Kamezawa, the bank’s chief executive officer, said in an interview.

virtual meeting with his Chinese counterpart on Thursday, the Pentagon said, in the first such conversation in over a year amid hopes by U.S. officials that it could lead to a broader restoration of ties between the two militaries. The video teleconference followed an agreement between U.S. President Joe Biden and Chinese President Xi Jinping last month to resume military-to-military ties severed by Beijing after then-House of Representatives Speaker Nancy Pelosi visited self-ruled Taiwan in August 2022. U.S.

equities. These institutional investors typically take a long-term view of target markets. Their investment horizon may also offer a perspective to investors concerned over the rising benchmark indices and whether the rally can be sustained in the medium to long term. SWFs typically search for a macro opportunity in an economy. A case in point is India’s electronic manufacturing services (EMS) sector.

government’s policies to promote domestic manufacturing and create an ecosystem for indigenous defence procurement as well as green energy have helped energise shares of public sector undertakings (PSUs). A rush to own PSU stocks that have reported earnings growth above the benchmark index growth has resulted in their rerating. The share of government-owned companies in India’s total market capitalisation rose to nearly 10% in November from a low of 5% in 2020.

China’s prospects for 2024 look uncertain, as a year that opened free of COVID-19 lockdowns winds down without the dreamed of robust recovery for the world’s No. 2 economy

South Korea’s top court has ordered two Japanese companies to financially compensate more of their wartime Korean workers for forced labor

By Sophie Yu and Valerie Insinna

Analysts at Societe Generale offered their 2024 outlook for financial markets.

Mint soon host the PodMasters Conclave & Awards, an event that will also bring together celebrities, experts and industry professionals from across India to define the future of the new-age medium. HT Smartcast is partering IVM Podcasts, Ideabrew Studios, WYN Studio, Hubhopper, Aawaz.com and MnM Talkies for the event, that will provide a platform for creators to get national recognition and become catalysts for the industry's next phase of growth.

Global markets: US stocks opened higher on Thursday, following updated economic growth figures for the third quarter. The Dow Jones Industrial Average rose 143.32 points, or 0.39%, at the open to 37,225.32. The S&P 500 opened higher by 25.94 points, or 0.55%, at 4,724.29.

Investing.com — U.S. futures rose Thursday, bouncing after the previous session’s selloff, ahead of the release of key growth and employment data.

The frenzied adoration of South Korean retail traders for everything EV battery-related has sparked a meteoric rally of one cathode producer, making it the world’s best-performing stock this year. 

With mixed data from major economies and the continued risks from geopolitical issues, there is little consensus about the outlook for 2024.

China has approved the delivery of a Boeing (NYSE:BA) Co. 787 Dreamliner jet to Juneyao Airlines Co, according to Bloomberg News.

Nawaz Sharif has praised India and acknowledged that while neighboring countries have made great strides, Pakistan has lagged behind. Speaking to PML-N cadres in Islamabad, Sharif highlighted the dire economic situation in Pakistan. The 73-year-old PML-N leader, who returned to the country from London in October ending a four-year-long self-imposed exile, who is running for Prime Minister a fourth time. He is the only Pakistani politician who became the prime minister of the coup-prone country for a record three times. «Our neighbours have reached the moon but we haven't even risen from the ground so far. It can't keep going on like this,» Sharif said. «We have been responsible for our own downfall, otherwise this nation would have reached a different place. We shot ourselves in our foot,» he added.

Tata Steel , Jindal Steel and Power , JSW Steel and Steel Authority of India have seen their share prices rise 9-28% year to date during 2023. The gains have been led by strong steel demand in the country even though steel prices and raw material prices saw regular volatility. The steel demand remained exceptionally strong led by Government’s spending on Infrastructure during 2023.