China Financial News

04.11 / 02:11
Citi Provident Enterprise show country reports Takeaways from AP's reporting on an American beef trader's links to Amazon deforestation
Data analysis by The Associated Press and the Rainforest Investigations Network, a nonprofit reporting consortium, found that a little-known American meat trading company in Utah is feeding China’s growing appetite for Brazilian beef, a commodity that’...
04.11 / 02:11
Manufacturing Strategy economy Remark President country Latin Biden to host summit that focuses on supply chains, migration, new investment
President Joe Biden on Friday welcomed leaders from countries across the Americas to an economic summit by pledging to increase U.S. investment in the region in part to counter China’s influence
04.11 / 02:11
Provident President show country cover 2020 reports Australian Anthony Albanese will soon be the first Australian prime minister in 7 years to visit China
Anthony Albanese will soon become the first Australian prime minister in seven years to visit China in recognition of improving bilateral relations
04.11 / 02:11
Provident show track country 2020 reports Broker How an American meat broker is fueling Amazon deforestation
According to data analysis by The Associated Press and the Rainforest Investigations Network, a nonprofit reporting consortium, an American company is among the key beef suppliers and distributors contributing to the destruction of the Amazon rainforest
04.11 / 02:11
Target Waters Southern country reports testing travelers Japanese consumers are eating more local fish in spite of China's ban due to Fukushima wastewater
Fishing communities in Fukushima feared devastating damage to their businesses from the tsunami-wrecked nuclear power plant’s ongoing discharge of treated radioactive wastewater into the sea
03.11 / 21:41
Apple economy ConocoPhillips blues reports Weekly Stock Market Today: Dow in biggest weekly gain of 2023 as monthly job gains slow
Investing.com — The Dow closed higher Friday, wrapping up the week with its biggest weekly gain this year as a weaker-than-expected jobs report stoked hopes that Federal Reserve rate hikes are now in the rearview mirror, pushing Treasury yields sharply lower.
03.11 / 20:29
economy country strain Time FDI into China turns negative for first time
China turned negative for the first time since records began in 1998, highlighting how foreign companies are pulling money out of the country due to geopolitical tensions and higher interest rates elsewhere. China's direct investment liabilities in its balance of payments declined by $11.8 billion in the third quarter, the country's foreign exchange administration said. The measure records monetary flows connected to foreign-owned entities in China. Economists have said the decline in FDI by the balance of payments measure reflects less willingness by foreign companies to re-invest profits made in China in the country. That's due to strained ties with the West and the rising attractiveness of keeping cash overseas.
03.11 / 19:53
Target Reuters CEO Apple Remark Deloitte Warning Apple stock tumbles after weak holiday quarter warning
Apple fell three per cent on Friday after it disappointed Wall Street with a forecast that indicated growth will stay subdued in the quarter where the holiday season usually drives its strongest sales.
03.11 / 19:33
business Bitmain English school turned BTC miner in China expands capacity with 220 new units
China-based BTC Digital announced the purchase of 220 new Bitcoin (BTC) mining units on Nov. 3, bringing its total number of machines to 2,174, with over 230PH/s of computing power. The new acquisitions are expected to become operational by the end of the month.
03.11 / 19:07
FIVE Action Strategy Bill reports prevention Chinese jets intercept, fire flares near Canadian helicopter in ‘significantly unsafe’ moves
Canada’s Defence Minister Bill Blair says that two dangerous intercepts took place involving Chinese fighter jets and a Canadian Cyclone helicopter on Oct. 29, including flares deployed in the path of the helicopter.
03.11 / 18:19
Remark country reports travelers Applying for Schengen visa? These THREE countries offer favorable visa opportunities for Indians
Schengen Visas and cited that countries most likely to issue visa according to one's citizenship. And, here is a list of countries that have a considerably low rejection rate for visa applications from India: Out of 1,861 visa applicants from India, Iceland has rejected only 5.48% of them, translating into 102 denied applications. However, a reason for the low rejection rate from Iceland can be the relatively low number of applicants, but that is not the case for Germany, which is one of the top destinations for Indian applicants, the report said.
03.11 / 18:19
FIVE President voice reports Support Friends and foes in Telangana election 2023: Which political parties support BJP, Congress and BRS
1. Support for Congress: The Telangana Jana Samithi (TJS) party has extended its "unconditional support to the Congress" in the upcoming state assembly elections, the Congress was quoted by ANI as saying. Besides, the president of YSR Telangana Party, YS Sharmila Reddy, also said on Friday, November 3, that her party will support the Congress in the Telangana Assembly election.
03.11 / 17:47
BLOCK Entertainment Apple concert Enbridge reports Midday movers: Apple, Restaurant Brands, Paramount Global and more
Investing.com — U.S. stocks jumped on Friday after a cooler than expected job report for October stoked hopes that the Federal Reserve could be done with interest rate increases.
03.11 / 14:41
us government UK government UK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in future
The United Kingdom’s global summit on artificial intelligence (AI) safety, the AI Safety Summit, concluded on Nov. 2 with a one-on-one chat between U.K. Prime Minister Rishi Sunak and billionaire Elon Musk. 
03.11 / 12:53
Provident Apple economy Bitcoin show testing US jobs data in focus, markets optimistic
European stocks posted modest gains as traders awaited US jobs numbers due later Friday that will test optimism over whether the Federal Reserve’s tightening cycle is nearing an end. 
03.11 / 12:37
Asia Abrdn Investment trusts New Dawn Asia Dragon NAV drops 16.7% as merger approaches
The trust has seen a permanently wide discount rate in recent years, hovering around 10%, but this has since begun to widen further, sitting at 16.2% in its annual results.
03.11 / 12:37
MSCI ETFs Franklin Templeton Asia ex-Japan ETF cuts fees and outlines plans to exclude China
The fund will also be renamed to Franklin FTSE Asia ex China ex Japan UCITS ETF.
03.11 / 11:29
BLOCK Platform Action Remark show performer social Blackpink: Why was Lisa's account on Weibo blocked after Paris cabaret show
Blackpink member Lisa's presence on the Chinese social media platform Weibo was blocked, citing violations of community standards and regulations. This development comes in the wake of speculations surrounding her appearances at the renowned Crazy Horse nightclub in Paris. The notice on Lisa's Weibo account stated that it had received complaints, citing violations of laws, regulations, and Weibo community agreement.
03.11 / 11:29
Provident cover Sterlite Power Transmission to demerge its transmission infra business
Power transmission infrastructure developer and solutions provider Sterlite Power Transmission on Friday said it has decided to demerge electricity transmission infrastructure business spread across India and Brazil. The demerged Sterlite Power Transmission Ltd (SPTL) entity will continue to hold the global products and specialised EPC (engineering, procurement and construction) services business as well as the convergence — fiberco business, a company statement said.

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