China Financial News

05.12 / 08:13

Target economy Moodys country reports gatherings Moody's downgrades outlook for China to negative on structural issues, property sector woes

“The outlook change reflects increased risks in China related to structurally, persistently lower medium-term economic growth,” Moody’s said. The agency affirmed China's overall rating at 'A1'. The agency expects China’s property sector to remain smaller in proportion to the entire economy than it was before the property correction which began in 2021. Moody’s now expects China’s annual GDP growth to be at 4 per cent in 2024 and 2025 and at an average of 3.8 per cent between 2026 and 2030.

05.12 / 07:55

BLOCK Manufacturing NVIDIA country exclusive reports Department U.S. export controls need to 'change constantly' even if it's tough for businesses, Secretary Raimondo says

BEIJING — More controls on tech exports to China will be coming as needed, despite business concerns, U.S. Commerce Secretary Gina Raimondo told CNBC in an exclusive interview.

05.12 / 05:59

Ripple economy MSCI show Marketmind: RBA holds and the dollar pauses, too

A look at the day ahead in European and global markets from Tom Westbrook

05.12 / 05:33

BLOCK Reuters Cooper Progressive Manufacturing show Department Ukraine aerospace sector's push for Western tie-ups met with skepticism

By Valerie Insinna and Joanna Plucinska

05.12 / 04:51

Citi Target Nikkei show country Rate Cut Asian stocks economic data Asian stocks sink as rate cut rally cools, weak economic data weighs

Investing.com-- Most Asian stocks fell on Tuesday, seeing some profit taking after rallying sharply through November on expectations of a less hawkish Federal Reserve, while a string of weak economic readings from across the region also dented sentiment.

05.12 / 04:51

Reuters Manufacturing economy show Japan Q3 GDP seen contracting at slower pace on capex: Reuters poll

TOKYO (Reuters) — Japan's economy likely shrank slightly less than initially estimated in July-September, reflecting an expected upward revision in private sector capital investment, a Reuters poll showed on Tuesday.

05.12 / 04:51

Citi Reuters show performer track country reports economic data Asia FX weakens on soft economic data; Aussie slumps as RBA stands pat

Investing.com-- Most Asian currencies weakened on Tuesday tracking a string of middling economic readings from the region, with the Australian dollar falling sharply after the Reserve Bank kept rates unchanged and offered scant cues on monetary policy.

05.12 / 02:53

Target ETF Manufacturing Strategy economy reports India boosts emerging market ETFs as US yields dip, dollar falls

Indian equities, followed by Taiwanese and South Korean stocks. “Ultimately, India stands out as its own story, as it offers more attractive scale and demographic dividends than most emerging markets, and does so under a democracy," said Malcolm Dorson, the head of emerging-market strategy at Global X Management Co.

05.12 / 02:01

Provident Manufacturing economy Nov show country reports services China's Nov services activity accelerates on boost from new orders - Caixin PMI

BEIJING (Reuters) — China's services activity expanded at a quicker pace in November, a private-sector survey showed on Tuesday, as the upturn in new businesses were the best seen for three months amid reports of firmer market conditions.

04.12 / 20:35

Provident Target Strategy Experts performer exclusive information JD.com Pro Research: Wall Street digs into JD.com's performance

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04.12 / 19:25

Reuters Racing Strategy economy show country electronic Western start-ups seek to break China's grip on rare earths refining

By Ernest Scheyder

04.12 / 18:51

Hollywood awards President Actor show stage reports Who will be Time's 2023 Person of the Year? Here are the top nine candidates

The nine candidates were named on NBC's «Today Show», highlighting individuals, concepts or groups that «had the most influence on the world throughout the previous 12 months.» Here the top nine nominees for the award: Hollywood strikers As reported by Time, the strike staged by Hollywood actors and writers this year showcased «a rare show of the power of both labor and the entertainment industry.» The 118-day strike concluded in November with the negotiation of a tentative agreement between SAG-AFTRA, the union representing 160,000 actors and media professionals, and Hollywood studios and streaming services. Xi Jinping The Chinese President has figured in the Time100 list for over 10 times.

04.12 / 18:25

Digital ETF MicroStrategy Bitcoin track 2020 gatherings surges Bitcoin surges past US$42,000 as crypto rally gathers steam

Bitcoin topped US$42,000 as frenzied speculation in cryptocurrencies gathers pace, extending the largest digital token’s rally to more than 150 per cent this year.

04.12 / 17:19

country reports travelers week Putin to visit UAE, Saudi Arabia this week: Russian news outlet

Vladimir Putin will visit the United Arab Emirates and Saudi Arabia this week, Russian news outlet Shot reported on Monday, citing Putin's aide Yury Ushakov. The reported visit comes after the OPEC+ group of oil producers, which includes all three countries, agreed last Thursday to voluntary output cuts totalling about 2.2 million barrels a day. Markets reacted with scepticism to the deal because of doubts about whether the voluntary cuts would be fully implemented. Oil prices fell 2% last week after the announcement, and declined further on Monday. Putin has rarely travelled abroad in recent years, and mostly to states of the former Soviet Union.

04.12 / 15:53

Platform Assurant Huobi Poloniex information prevention Huobi HTX Responds to Recent Hack, Ensures Full Compensation for Affected Users

On November 22nd, 2023, Huobi HTX, previously known as Huobi Global, experienced a significant security breach. This attack led to a substantial loss, initially estimated at $13.6 million but later valued at approximately $30 million. This incident marks another in a series of cybersecurity challenges faced by cryptocurrency exchanges and related platforms.

04.12 / 15:45

Provident Target Manufacturing economy shootings show track RBI’s December policy review: Status quo to continue

Bank of India is likely to hold the key interest rates in its December monetary policy review and continue with its emphasis on containing inflation, which has shown encouraging trends the past two months. Macroeconomic indicators remain healthy, with GDP growing at 7.6% in Q2, exceeding expectations. With economic growth continuing to be strong, the central bank will focus mainly on inflation, liquidity, and currency management.

04.12 / 15:45

Progressive economy Remark country information reports week Narayana Murthy's 70-hour work week advice reaches Parliament, Govt tells MPs…

Lok Sabha MPs asked the Narendra Modi government whether it is evaluating the suggestion posed by the Infosys co-founder. Narayana Murthy's 70-hpour work week had triggered debates and met with brick-bats and flowers, wherein several business owners agreed with the need for increased productivity and some debated with adequate compensation.

04.12 / 15:01

Bitcoin reports Bonds slip back amid rising rate cuts doubts

Stocks and bonds retreated as traders pause after November’s blockbluster rally and debate the case for interest rate cuts. Bitcoin surged past $41,000, while gold briefly touched an all time high.

04.12 / 13:11

Target economy Immunic love show Big Bond Market Whales Could Be Getting Ready for a Buying Frenzy

Who are the biggest whales in the bond market?

04.12 / 12:34

Target BLOCK Google Racing show Inside classical IBM shows new quantum computing chip, targeting 2033 for large systems

By Stephen Nellis

04.12 / 12:33

Fighting Discover President Experts country Venezuela-Guyana conflict over the disputed Essequibo region and how it impacts India | Explained

offshore oil fields were discovered in the Essequibo region and it came as a game changer to poverty-stricken Guyana. The picture of the country is changing since the discovery of oil reserves in 2015 after which they are earning around $1 billion in annual government oil revenue. The money is being used for massive infrastructure projects in the country.

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