China Financial News

Apple-backed study. “The target for cybercriminals was very clear, with a 2023 survey finding that over 80 percent of breaches involved data stored in the cloud," Apple said in a report citing the study. The study was conducted by Massachusetts Institute of Technology Professor Stuart E.

North Koreans have 'vanished' after China repatriated them to North Korea. Seoul-based rights group Transitional Justice Working Group (TJWG) has expressed apprehension that these people are likely to face imprisonment and abuse at the hands of authorities. No communication has been established with the North Koreans since they were forcefully returned by China in October last year. Their identities are also unknown, though about 70% of them are women.

₹40 crore being pulled out of the PMS every day. Yet, on the fifth anniversary of his PMS, Mukherjea should be a worried man. But, is he? Through his engaging communication style and books like Coffee Can Investing, Mukherjea had already made a big name for himself in India’s stock market by the time he launched Marcellus in 2018.

prices dropped to six-month low after US inventory data. On Tuesday, both benchmarks settled at their lowest since July 6, a fourth straight session of losses.

Hong Kong, a city whose blazing night skyline encircles a mystical harbour, was once the defining metaphor of a bustling Asian metropolis. Those images became visual shorthand for the rise of Asia and even the ‘Chinese Century.’ Now, all is change. For the past few months, the Hong Kong government has felt compelled to launch a ‘Night Vibes’ campaign to get more of the local population out at night.

China’s investment-grade credit offers value and will outperform US peers in 2024 thanks to favorable technicals and higher carry, according to Citigroup Global Markets Inc.

HANetf said that demand for copper is likely to outstrip supply as the clean energy transition takes hold.

Ramaswamy’s "smartass mouth". Meanwhile, Florida governor Ron DeSantis said Haley "caves every time the left comes after her". Haley shot back: "I love the attention, fellas.

China’s Nio Inc. (NYSE:NIO) is reportedly considering further workforce reductions following its recent announcement of a 10% job cut last month.

GasBuddy head of petroleum analysis Patrick De Haan says the national gas price average is falling and could hit the cheapest Thanksgiving prices since 2020 on 'Varney & Co.

By Ahmad Ghaddar

Stocks finished lower as risk-off seemed to be a theme yesterday, with oil prices slumping below $70. Oil has been a harbinger of all things these days, and the best thing that can happen with oil, at least over the next 6 to 12 months, is to do nothing. Rising oil could stoke more inflation while falling oil suggests global growth is a real concern. Oil above $70 and below $90 would be ideal, but unfortunately, that is not happening.

Investing.com — U.S. stock futures hover around both sides of the flatline, as markets geared up for fresh labor market data that could help indicate how the Federal Reserve will approach its future interest rate decisions. Elsewhere, GameStop (NYSE:GME) shares slip after the video game retailer and meme stock darling posted lower-than-projected quarterly net sales, while China's exports rise in November.

Singapore’s regulatory body the Monetary Authority of Singapore (MAS)  plans to begin piloting the digital currency “E-CNY” – also known as the digital yuan, in collaboration with China to encourage tourism spending.

Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more, according to people familiar with the matter.

Read here: Nifty at new high again! B&K sees another 10% upside in 12 months BofA has discussed some key macro lessons of 2023 and their investment implications: Contrary to the unanimous consensus a year ago predicting a U.S. recession in 2023, the economy defied expectations and continued its robust performance. Key factors contributing to this resilience included substantial fiscal expenditures, a tight labor market driving real income and consumer spending, increased capital expenditures—especially in collaboration with public sector infrastructure spending—and the adaptability of the dynamic U.S.

Chinese warships have made a first visit to a Cambodian naval base that Washington has long feared will boost Beijing's influence in the Gulf of Thailand. A Cambodian defence ministry official said on Thursday that Chinese-funded work to expand the Ream base, near the port city of Sihanoukville, would be «finished soon». Cambodian Defence Minister Tea Seiha said on his Facebook page that he had visited the two ships docked at the base on Sunday «to prepare a training of our Cambodian naval fleet». Cambodian officials refused to give any details of the vessels, the purpose of their visit or how long they were staying, but a sign on one of the gangways identified it as belonging to the Chinese navy. Chinese Foreign Ministry spokesperson Wang Wenbin said: «China and Cambodia have an extremely deep friendship, and the two sides have developed richly successful cooperation in many fields.» The Vice-Chairman of China's Central Military Commission, General He Weidong, visited Phnom Penh earlier this week and met Prime Minister Hun Manet. Cambodia has long had close relations with Beijing and US officials fret that the base will boost China's effort to buttress its international heft with a string of naval and military outposts. Satellite imagery published in July showed that a 363-metre (1,190-foot) pier had been built jutting out into the sea.

The government on Thursday clarified that seven bacterial cases detected at AIIMS Delhi have no link to the respiratory infections in children reported in various parts of the world, including China. Media reports had claimed detection of bacterial cases in AIIMS Delhi linked to the recent surge in pneumonia cases in China. The ministry of health said that seven cases were identified as part of an ongoing study conducted at AIIMS Delhi from April to September 2023.

Sam Bahadur’ has made quite an impact both at the box-office as well as on the audience, despite facing stiff competition from the Goliath, the Ranbir Kapoor-starrer ‘Animal’. On December 7, Harsh Mariwala, the founder and Chairman of Marico, took to X (formerly Twitter) and heaped praises on the Vicky Kaushal-starrer. The business tycoon gushed about Kaushal’s tour-de-force performance as Sam Manekshaw, India’s first Field Marshal, and called it “nothing short of spectacular.” He also lauded director Meghna Gulzar for celebrating the contributions and life of a “strategic genius”, who till recently was often ignored by the annals of Indian history. “The film brilliantly captures key historical events involving Bangladesh, Pakistan, and China, offering a window into important chapters of the past. Vicky Kaushal's portrayal of Sam Manekshaw is nothing short of spectacular, bringing to life the charisma and courage of this celebrated military leader. Meghna Gulzar and her team have done a commendable job in highlighting the contributions of a strategic genius whose story, despite its significance, might have remained largely uncelebrated,” reads his tweet.

One of Washington’s biggest China critics traveled to New York in mid-September to meet with some of Wall Street’s best-known financiers. His mission was to persuade them to stop investing in China. Wisconsin Republican Mike Gallagher, who chairs a House committee on China, was surprised to find they didn’t need much coaxing.

Vivo siphoned $13 bn abroad, ED tells court ED has arrested four persons, including the MD of the Lava International mobile company Hari Om Rai. The others who were taken into custody were Chinese national Guangwen alias Andrew Kuang, Chartered Accountants Nitin Garg and Rajan Malik.