China Financial News
07.12 / 06:35
Airlines
NVIDIA
Nikkei
Halliburton
reports
Stock market today: Asian shares slide after retreat on Wall Street as crude oil prices skid
Shares have fallen in Asia after a retreat on Wall Street as crude oil prices slipped on expectations that supply might outpace demand
07.12 / 05:34
Manufacturing
President
country
Divides over trade and Ukraine are in focus as EU and China's leaders meet in Beijing
The leaders of China and the European Union are holding wide-ranging talks that include their disputes over trade and a deep divide on the war in Ukraine
07.12 / 05:33
FIVE
BLOCK
Bill
country
blues
innovations
prevention
House backs GOP bill to block EPA rule on tailpipe pollution; slams plan as electric-vehicle mandate
House Republicans have approved a bill to block strict new tailpipe pollution limits proposed by the Biden administration, calling the plan a back-door mandate for electric vehicles
07.12 / 05:33
IPO
Digital
Platform
Entertainment
economy
Inside
2020
Once Unstoppable, Alibaba Is Now Faltering
SINGAPORE—Chinese internet titan Alibaba Group Holding once seemed invincible. Now, it is stuck in a slump. The e-commerce giant was a major driver of China’s growing consumer economy as it pioneered online shopping in China.
07.12 / 05:33
show
China's exports in November edged higher for the first time in 7 months, while imports fell
Customs data show that China’s exports rose in November, indicating that demand may be picking up following months of decline
07.12 / 05:19
Target
Digital
Platform
ATM
reports
Department
South Korea’s Biggest Supermarket Says Next-gen ATMs May Be Crypto Compatible
Emart, South Korea’s largest retailer and supermarket chain, says its new next-generation ATMs could soon feature crypto and security token offering (STO) trading functions.
07.12 / 04:21
IPO
Manufacturing
economy
Limelight
Discover
Bill
country
NOT
What if the FIIs do not return? It won’t be as bad as 10 years ago, says Mihir Vora
Mihir Vora, CIO, Trust MF, says India’s “oil sensitivity to the GDP has reduced because services exports have boomed. It used to be $100 billion, now we are $240 billion. So, we are far bigger in terms of services exports which is reducing the volatility of oil. Yes, there is a current account deficit, but it is much less volatile than what it used to be. So, our external vulnerability to oil has reduced significantly so that is one. And second, again as we all know, compared to 10 years ago, look at the domestic flows.” We are assuming that FIIs will come back. That is a big assumption. Yes.
07.12 / 03:33
FIVE
Waters
Corning
Ozon
isolate
testing
Study finds some crops tolerate ozone pollution better than others
ozone pollution, according to a study that opens the door to better models for predicting crop responses to the effects of climate change. The findings, published in the journal Proceedings of the National Academy of Sciences, also pave the way for developing more resilient varieties that can sustain humanity's increasing demand for food, feed, fibre and fuel.
07.12 / 03:33
Nov
Experts
show
Gold Prices
Gold prices firm as US jobs data fuels rate-cut bets
Gold prices rose on Thursday, as signs of a cooling U.S. labour market supported bets of an interest rate cut early next year, while traders also awaited key jobs print due later in the day that could offer clues on the Federal Reserve's trajectory. FUNDAMENTALS * Spot gold was up 0.1% at $2,027.12 per ounce by 0159 GMT. * U.S.
07.12 / 00:39
Reuters
Volkswagen
Ford says unlikely Mustang Mach-E EV will qualify for US federal tax credits in January
By David Shepardson and Ben Klayman
07.12 / 00:23
06.12 / 19:53
Provident
Moodys
President
country
travelers
Oil drops 2.5% on demand worries after rise in US gasoline inventories; Brent crashes to $75/bbl
Also Read: Putin to visit Saudi, UAE on December 6 after OPEC+ cuts, host Iran President: What's on agenda? Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a December 18 expiry, was last trading lower by 4.75 per cent at ₹5,791 per bbl, having swung between ₹5,784 and ₹6,068 per bbl during the session so far, against a previous close of ₹6,080 per barrel. -Crude inventories fell by 4.6 million barrels, far exceeding the 1.4 million-barrel drop analysts had expected. There is demand destruction coming in from the fuel side.
06.12 / 19:53
FIVE
Digital
Platform
Mobile
Pool
country
E-sports to be the next big bet
NEW DELHI : Online sporting (e-sports) events are emerging as a big revenue opportunity with growing enthusiasm for the nascent gaming sector in India, industry executives said. The country, with 42.5 crore gamers, second only to China, saw a string of e-sports events this year with substantial prize money on offer. On 27 August, e-sports firm Nodwin Gaming, a subsidiary of the only publicly-listed gaming company Nazara Technologies, concluded the second edition of its Battlegrounds India Master Series (BGMS).
06.12 / 19:53
Provident
Hennessy
country
EU spirits industry seeks 50% cut in tariff in FTA with India
premier segment, Bastidon said, adding that overall trade volume of EU spirits is €9 billion, and the US and China are major exporting countries. According to Bastidon, the value of EU’s spirit exports to India in 2022 was a mere €59.7 million compared to €875 million to China.
06.12 / 19:53
economy
NOT
How Is China’s Economy Doing? Not Nearly as Well as China Says It Is
Daniel H. Rosen is a co-founder and partner at Rhodium Group. He can be reached at [email protected] Alert!Livemint tops charts as the fastest growing news website in the world
06.12 / 19:53
As U.S. Seeks Calmer China Ties, Europe Gets Tough
Margherita Stancati and Sha Hua contributed to this article. Write to Laurence Norman at [email protected] and Kim Mackrael at [email protected]
06.12 / 18:39
Cooper
Manufacturing
Racing
President
country
EU proposes delay to EV trade rules with UK to avoid tariffs
By Philip Blenkinsop
06.12 / 18:03
economy
BlackRock
Slowing China trend growth means better opportunities elsewhere - BlackRock Investment Institute
LONDON (Reuters) — Slowing trend growth in China means there are better investment opportunities in emerging markets outside the world's number two economy, senior executives at BlackRock (NYSE:BLK) Investment Institute (BII) said on Wednesday.
06.12 / 18:03
06.12 / 17:25
06.12 / 17:05
Target
ByteDance
TikTok
Inside
social
Amazon targets Shein with big fee cuts for cheap apparel sellers
Amazon.com Inc. is sharply cutting fees for merchants selling clothing priced below $20, a sign it’s hunkering down for a price war with Chinese fast-fashion upstart Shein. On Tuesday, Amazon announced it would reduce seller fees on clothing products priced below $15 to 5% beginning in January. The rates on clothing priced from $15 to $20 will drop to 10%. The commissions on both categories had previously been 17%.
what's happening in China
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