China Financial News
15.11 / 20:33
NFT
Disney
Marketplace
Disney launches NFT platform, eye issues at ApeFest and NFT sales rise: Nifty Newsletter
In this week’s newsletter, check out Disney’s plans to release a nonfungible token (NFT) platform by the end of 2023 and find out why NFT sales volumes will likely continue their upward trend in the coming months. Read about China’s stance on NFT theft and why the CEO of Roblox “dreams” of interoperability. In other news, find out what caused eye-related complaints at the recent ApeFest event in Hong Kong.
15.11 / 19:23
Cooper
Boeing
President
country
information
reports
gatherings
China President Xi to meet Biden for the first time in year
BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping were set to meetWednesday in San Francisco in their first face-to-face encounter in a year.
15.11 / 17:49
Reuters
Manufacturing
President
Department
US unveils up to $3.5 billion funding to boost domestic battery manufacturing
(Reuters) — The U.S. Department of Energy on Wednesday announced up to $3.5 billion to strengthen domestic production of batteries and battery materials from the infrastructure law President Joe Biden signed in 2021.
15.11 / 17:39
Reuters
economy
country
2020
reports
Oil prices drop on record rise in US crude inventories, demand concerns; Brent at $81/bbl
Also Read: US October wholesale prices fall to 0.5% in biggest monthly drop since April 2020 Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a November 17 expiry, was last trading lower by 1.43 per cent at ₹6,415 per bbl, having swung between ₹6,393 and ₹6,548 during the session far, against a previous close of ₹6,508 per barrel. -Top oil exporters Saudi Arabia and Russia said this month they would continue with their additional voluntary oil output cuts of 1.3 million barrels per day until the end of the year.
15.11 / 17:29
15.11 / 17:29
15.11 / 17:29
Target
Cooper
Action
Align
Nov
country
information
US, China advance climate cooperation following California talks
By David Stanway and Valerie Volcovici
15.11 / 16:49
Cooper
Progressive
economy
President
country
cover
prevention
What to expect when Joe Biden meets Xi Jinping ahead of APEC in San Francisco
SAN FRANCISCO : US President Joe Biden and Chinese President Xi Jinping will meet on Wednesday before a summit of the Asia Pacific Economic Cooperation (APEC) forum in San Francisco, seeking to reduce friction in what many see as the world's most dangerous rivalry. The leaders of the world's two largest economies have known each other for over a decade and have shared hours of conversation in six interactions since Biden's January 2021 inauguration.
15.11 / 16:41
Provident
Assurant
Remark
country
social
consequences
Fragile security situation in South China Sea poses danger to good order at sea: Navy Chief
South China Sea, in addition to violations of established codes of conduct, poses a clear danger to «good order» and «discipline» at sea, Navy Chief Admiral R Hari Kumar said on Wednesday, in an oblique reference to China's military assertiveness in the region. There have been growing global concerns over China's sweeping claims of sovereignty over all of the South China Sea, a huge source of hydrocarbons. Several countries in the region including Vietnam, the Philippines and Brunei have counterclaims.
15.11 / 16:29
Progressive
CEO
Software
Tesla
Nov
innovations
Renault says combining electric cars and software in one company will 'democratize' EVs for Europe
Automaker Renault is setting out ambitious goals for its new combined electric vehicle and software business, saying it will “democratize” the market for battery-powered cars in Europe by making them as affordable as gasoline- or diesel-powered models ...
15.11 / 16:29
Provident
Racing
Mobile
Remark
country
"I don't care...": Rahul Gandhi hits back at PM Modi on 'Murkhon Ke Sardar' remark
Narendra Modi called Congress leader Rahul Gandhi 'Moorkhon Ke Sardar', the latter on Wednesday hit back at the PM and said that he is unconcerned about the derogatory words the former makes against him. Rahul Gandhi, while addressing a public rally in Baloda Bazar of poll-bound Chhattisgarh, said that the abuses do not make any difference to him as his only aim is to help the poor. «Wherever PM Modi comes he abuses me...it's good, I am unconcerned, I don't care. I have already told you my goal, which is to provide the same amount of money to the poor that PM Modi gives to Adani.
15.11 / 16:23
Progressive
economy
show
country
information
reports
Oil falls on high US production, despite strong demand signals
Oil prices dipped on Wednesday due to expectations of an increase in U.S. crude stocks amid record high output in the world's biggest producer and despite positive demand signs from top consumer China. Brent futures were down 69 cents to $81.78 a barrel at 1346 GMT, while U.S.
15.11 / 16:09
15.11 / 15:10
Digital
Apple
President
show
country
reports
US lawmakers
US lawmakers question Apple over Jon Stewart's China content
Apple Inc to explain the abrupt end of political comedian Jon Stewart's television show on its streaming service, according to a letter made public on Wednesday, citing concerns that content related to China was behind the cancellation. The New York Times reported last month that Stewart's show on Apple's streaming service was ending, the result of creative differences. The newspaper said Stewart told members of his staff that potential show topics related to China and artificial intelligence were causing concern to Apple executives.
15.11 / 14:43
Citi
Cooper
Manufacturing
economy
President
electronic
Taiwan's participation at APEC forum offers a rare chance to break China's bonds
Taiwan will take part in the Asia-Pacific Economic Cooperation forum in San Francisco this week, a rare opportunity for the self-governing island democracy of 23 million people and its high-tech economy to break the diplomatic embargo on it imposed by ...
15.11 / 14:19
Mobile
film
performer
track
country
reports
testing
Huawei, China Mobile unveil world’s fastest internet network, ‘can transmit 150 movies per second’
Huawei Technologies, and Cernet Corporation, in a ground-breaking development, unveiled the 'world's fastest internet' network, claiming that the network can transmit data at 1.2 terabits per second, reported South China Morning Post. The report said the companies in collaboration with Tsinghua University built over 3,000 kilometers of network linking Beijing, Wuhan, and Guangzhou through an optical fiber system that they claim can transmit data at an astonishing speed of 1.2 terabits (1,200 gigabits) per second, surpassing the most existing major networks by more than ten times.
15.11 / 14:19
FIVE
economy
MSCI
pandemic
country
2020
index
Indian equities to receive net $1.5 billion inflow with latest MSCI index rejig: Nuvama
IndusInd Bank Ltd. and wind-turbine maker Suzlon Energy Ltd., will be added to MSCI’s global standard gauge on November 30. Post changes, India will have 131 companies in the MSCI Emerging Markets Index, and the nation’s weight will reach an all-time high of 16.3 per cent, analyst Abhilash Pagaria wrote in a note.
15.11 / 14:13
IPO
Target
Manufacturing
Strategy
Tesla
Nov
Factbox-What you need to know about Ampere, Renault's EV unit
PARIS (Reuters) -French car maker Renault (EPA:RENA) is holding an investor day for its electric vehicle unit Ampere, which was carved out from Renault's other operations on Nov. 1 and is set for a market listing next year.
15.11 / 14:13
Provident
Target
Manufacturing
JPMorgan
TJX
fall
Target, JD, Goodyear rise premarket; TJX, Advance Auto Parts fall
Investing.com — U.S. futures traded higher Wednesday, with the positive tone generated by the previous session’s cooler than expected inflation data continuing.
15.11 / 13:47
15.11 / 13:47
Cooper
Action
Assurant
President
show
country
reports
The Biden-Xi meeting is aimed at getting the relationship on better footing, but tough issues loom
Presidents Joe Biden and Xi Jinping are heading into their meeting at a country estate in California hoping to stabilize U.S.-China relations after a period of tumult
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