China Financial News

Investing.com — Nvidia reported Tuesday blowout third-quarter results and offered stronger Q4 guidance as AI-led chip demand bolstered growth in its high-margin data center business. 

Russian President Vladimir Putin will attend the extraordinary virtual G20 Leaders’ Summit hosted by India on Wednesday, the Kremlin said on Tuesday.

In a move to enhance cross-border payments, Cambodia’s Bakong digital currency system, a component of the National Bank of Cambodia (NBC), has entered into a memorandum of understanding (MoU) with Chinese payment provider Alipay, Cambodia’s Phnom Penh Post recently reported.

Former Bridgewater Associates CEO David McCormick joined ‘Mornings with Maria’ to discuss the Biden administration’s handling of the Israel-Hamas war, spotlighting China’s role in the conflict.

Write to Chun Han Wong at [email protected] Alert!Livemint tops charts as the fastest growing news website in the world

United Nations Security Council (UNSC) open debate on ‘Maintenance of International Peace and Security: Promoting Sustaining Peace through Common Development’, PTI reported. The UNSC debate was going on under the presidency of China.

—Elaine Yu contributed to this article. Write to Josh Mitchell at [email protected] Alert!Livemint tops charts as the fastest growing news website in the world

US-China summit was designed for limited results. Joe Biden met Xi Jinping for four hours outside San Francisco, took a stroll and seemed to make nice. On the other side, China's military continued to tango with war-like provocations against the US and other forces. New Delhi kept an eye on the summitry — as it should have — for any overly accommodative measures.

Investing.com — Nvidia (NASDAQ:NVDA) shares were slightly lower in early U.S. trading on Tuesday, as investors awaited quarterly earnings from the world’s most valuable chipmaker and its updated outlook for demand in China. 

Tesla Inc. rose more than 2% on Tuesday after a media report said that the US automaker is nearing a pact with India to import its electric vehicles (EVs) to the country. At 9:45 am GMT - 21 November, Tesla shares were trading 2.30% higher at $241.02 on the Nasdaq.

the RCMP in Toronto arrested Daixiong He, 68, of Richmond Hill, Ont., and charged him with uttering counterfeit money and possession of counterfeit money. The Mounties seized 10,000 allegedly fake Toonies during that investigation.

Artificial intelligence (AI) and blockchain are emerging digital technologies that have captured the public imagination but also raised serious concerns.

Nearing the end of a tumultuous year for assets in developing countries, emerging-market currencies are poised for the best performance since 2017 as a late rally pushes investors to lock in higher yields while they still can.

Citigroup Inc. said its head of wealth services is leaving as the lender conducts a global reorganization.

Indian tourists visited Singapore in October, up from 81,014 in the preceding month, according to a media report on Tuesday. India was rated as a third tourist-generating market for Singapore, overtaking Malaysia and Australia. «A total of 94,332 Indian tourists visited Singapore in October, up from 81,014 in the preceding month.

Raamdeo Agrawal. India is in a different growth cycle, where aggregate earnings continue to grow faster than expected. The September quarter saw India Inc’s earnings grow by 32% versus expectations of about 25-26%, he said. Agrawal therefore remains bullish and sees potential for the market capitalisation to match India’s GDP by 2030. In a recent industry summit, Agrawal predicted the benchmark Nifty50 index to double over the next five years and even swell by 4 times in 10 years. Despite a rollercoaster journey, Nifty50 has given about 6% returns to investors so far in 2023. If earnings grow in double digits annually on a sustainable basis, the market is also ought to grow at a similar pace, according to Agrawal.

BEIJING — Chinese tech giant Baidu reported Tuesday third-quarter revenue that beat expectations, although growth was slower than during the previous three months.

Two recent developments with respect to India’s labour market warrant our attention. First, the United Nations estimated India to have surpassed China as the world’s most populous country, with our share of working age population to increase for another 13 years. Second, Professor Claudia Goldin won the Nobel Prize in Economics for her work on female participation in the workforce.

(Reuters) — U.S. stock index futures inched lower on Tuesday as investors stayed on the sidelines ahead of artificial intelligence chip leader Nvidia (NASDAQ:NVDA)'s quarterly report and the release of the Federal Reserve's meeting minutes.

Tencent and Huawei, two major Chinese tech giants, are making notable strides in the Web3 space despite the country’s stringent regulations on cryptocurrency trading.

Investing.com — The Dow closed higher Monday, ahead of the release of minutes from the Federal Reserve's September meeting and earnings from Nvidia that will likely set the tone for big tech in a holiday-shortened week.