China Financial News

all you need to know about the young couple. -Son of business tycoon Uday Kotak, Jay Kotak is currently heading Kotak 811, a fintech incubated within the company. -He had previously worked with McKinsey and Goldman Sachs.

Leading Chinese layer-1 Neo has exploded in a massive +34% move, but as NEO price pushes up, is it too late to buy NEO?

In an effort to boost state revenues, Laos appears to be turning its attention to the country's crypto sector.

President Xi Jinping mulls over rare policy changes like increasing the budget deficit which was increased to its most substantial scale in three decades. The country introduced a sovereign debt package that signaled a departure from its conventional fiscal support framework. 1.

The Chinese artificial intelligence (AI) chip market has been subject to ongoing export restrictions which imposed by the United States from October 2022, which prohibited the sale of certain U.S. products to China. 

SINGAPORE—The list of business executives and political figures who have gone missing in China keeps growing. Top executives at a video-streaming platform and a pharmaceutical company were the latest to disappear, as an intensifying clampdown by Beijing on alleged corruption and malfeasance shakes business confidence in China, among local and foreign firms alike. Chen Shaojie, chief executive of livestreaming firm DouYu, has been unreachable since October, a person familiar with the matter said.

paper, "an experiment on artificial stimulation of rain using a warm cloud seeding technique was undertaken in three nearby climatologically similar regions, Delhi, Agra and Jaipur in northwest India". Many countries now use this technology, including India and China, but implementation is easier said than done. It has certain limitations, not to mention a likely adverse impact on the environment.

U.S. Representatives Zach Nunn and Abigail Spanberger have jointly introduced the Creating Legal Accountability for Rogue Innovators and Technology (CLARITY) Act. The legislation aims to prohibit federal government officials from conducting business with Chinese blockchain companies.

Qatar Investment Authority is examining opportunities to invest in China's retail, healthcare, tech and logistics sectors, said Abdulla Al-Kuwari, head of the fund's unit Qatar Investment Authority Advisory (Asia Pacific). Those opportunities could involve public and private companies, Al-Kuwari said on Thursday during the Caixin Summit in Beijing.

The firm said the vehicle is Europe’s first ESG-screened ETF targeting India’s growing internet sector.

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Chinese President Xi Jinping addressed an audience on Nov. 8 at the World Internet Conference Summit in Wuzhen, China calling for international cooperation on risks posed by artificial intelligence (AI). 

Manish Chokhani, Director, Enam Holdings, says “in a bull market, if you try to change horses midway, like last year, when a lot of banks did not do well, many thought why don’t I jump to real estate? Next year, I will try tactically to jump from real estate to auto. If you do that, you will miss out by not being invested. If you miss the best 15-20 days of a market in a year, you have basically given away your returns. So, whatever you like and you understand, the market does not owe money to anyone.” Chokahni also says: «If I put FDI, FPI and equities and debt inflows together, the country is slated to be getting in excess of a hundred billion dollars starting post election.» Our theme this year is Yeh Diwali Muskaan Wali (A smiling Diwali). You already have that muskaan (smile) but what is bringing about that muskaan? I was remembering RRR, so thankfully that is not coming back. We have got a better googly for you this time. But yes much like RRR, the way it shot up all the way to the Oscars like Indian equity markets despite all odds? Well a lot of things to feel bullish about.

The U.S. lawmakers are proposing a bill aiming to prohibit the U.S. government officials from transacting with Tether’s USDT, China-based blockchain networks, and “other foreign adversaries.”

SC Ventures, the fintech investment arm of British bank Standard Chartered, will establish a “Digital Asset Joint Venture” investment company in the United Arab Emirates in partnership with a Japanese financial conglomerate, SBI Holdings. 

Gautam Adani, the Chairman of apples-to-airports Adani Group, spoke about the opportunity he saw in the decline of China's project to spread a global footprint. “I anticipate that China, which was seen as the foremost champion of globalization, will feel increasingly isolated.

ALSO READ: How WeWork founder Adam Neumann's wealth grew while the company tumbled. Details SoftBank reported a 789 billion yen ($5.2 billion) net loss for the three months to end-September, compared with a 3.0 trillion profit a year earlier when it sold down a large portion of its stake in Chinese e-commerce giant Alibaba.

Former Citi managing director Philip Graham’s CleanPeak Energy is making a bet on the Canberra elite. The rooftop solar outfit has inked an agreement to acquire Sentient Impact Group’s portfolio of 14.5-megawatt solar farms in Western Australia and the nation’s capital.

Disney CEO Bog Iger has said that the media conglomerate would like to stay in the Indian market even as it is considering options for the Star India business, which is also known as Disney Star. «We'd like to stay in that market. But we're also looking to see whether we can, obviously, strengthen our hand and improve the bottom line,» Iger said in response to a question about the company's India business during the Q4 2023 earnings call. While stating that Disney is considering various options for the India business, which comprises 77 TV channels and one streaming platform, Disney+ Hotstar, Iger added that the company has an opportunity to strengthen its hand in the market. «We're considering our options there.

That is not democratic. We need a reasonable peace plan to end this, this is a country whose president just last week was hailing a Nazi in his own ranks." The incident refers to the Canadian Parliament giving an ovation to 98-year-old Yaroslav Hunka who served a Nazi unit in Worl War II. Vivek Ramaswamy’s position earned rebukes from the other Republican Presidential hopefuls Nikki Haley and New Jersey Governor Chris Christie, who said Washington should support Kyiv against Russia’s war against the country.

Beyond Meat’s revenue fell nearly 9% in the third quarter as higher sales of its plant-based meat in Europe failed to make up for plummeting demand in the U.S. Beyond Meat on Wednesday reported revenue of $75.3 million for the July-September period