China Financial News

Li Keqiang has died of a sudden heart attack aged 68, state media said on Friday. «Comrade Li Keqiang, while resting in Shanghai in recent days, experienced a sudden heart attack on Oct. 26 and after all-out efforts to revive him failed, died in Shanghai at ten minutes past midnight on Oct.

Bitcoin ( BTC)‘s latest bull market officially started on June 22, 2023, when the leading cryptocurrency reached a new one-year high.

Indian para athletes on Thursday created history by winning the highest number of medals in the Asian Para Games, taking the country's tally to 82, including 18 gold. India have now gone past the earlier best of 72 medals achieved in the 2018 edition in Indonesia. India added 18 medals, including three gold, on Thursday.

Foreign minister S Jaishankar, without naming China, asked Beijing to strictly adhere to the principles of international law while respecting the territorial integrity of each other, and criticised the Belt and Road Initiative (BRI) by stressing that such projects must not restrict participants from exercising their sovereignty. «SCO should work together to promote stability and prosperity in the region by strictly adhering to the principles of international law, respecting sovereignty and territorial integrity of each other and encouraging economic cooperation,» Jaishankar said during his address at the SCO Heads of Governments meeting in Bishkek. «In this context, the centrality of the interests of Central Asian states plays a key role.

Two workers at the tsunami-wrecked Fukushima Daiichi nuclear power plant have been hospitalized after accidentally being sprayed with radioactive liquid waste

The U.K. prime minister is defending China's invitation to a summit on artificial intelligence that Vice President Kamala Harris will attend next week

U.S. Oil and Gas Association president Tim Stewart breaks down the Biden admin's energy policies on 'The Bottom Line.'

The government has launched the park to bolster the e-CNY ecosystem and payment solutions using the digital yuan. Residents are incentivised to move to the park for up to three years of free rent and loans. Commercial banks are being offered up to 20 million yuan to settle there, and start ups are offered up to 50 million yuan.

(Reuters) — Goldman Sachs on Thursday launched an institute to offer its clients insights on geopolitics and technology, according to an internal memo seen by Reuters.

By Philip Blenkinsop

Within equities, the first target for respondents over the next year was global equity at 51%, while emerging markets (ex China) saw 44% expecting to elevate exposure to the region.

Optiemus Infracom Ltd, which will be called Bharat Innovation Glass Technologies. “For the first time cover glass will be made in India for both local and international OEMs that are assembling their devices in India. The technology is scalable and can be expanded to support an increase in supplies.

Asian Para Games 2023: Indian para-athletes created history on Thursday as they surpassed previous records to win 80 medals, including 18 gold medals at the Hangzhou Asian Para Games 2023. Earlier, India's best performance was witnessed during the 2018 edition of the Asian Para Games in Indonesia, where Indian para-athletes won 72 medals. With two more days remaining in the conclusion of the Asian Para Games 2023, it is highly likely that India might achieve the benchmark of 100 medals.

Bitmain, a major global manufacturer of Bitcoin (BTC) application-specific integrated circuits (ASIC), has officially released its new air-cooled BTC miner, Antminer T21.

revenue from operations of ₹2,519 crore in the second quarter of fiscal year 2023-24 (Q2FY24), marking a growth of 32 percent as compared to ₹1,914 crore reported in the year-ago period. The fintech major posted a consolidated net loss of ₹292 crore during the quarter under review, which is 49 per cent lower as against a loss of ₹572 crore reported in the corresponding period of FY23.

Narendra Modi and called India a reliable partner. Recently he shared a video on Instagram where he spoke openly about his opinions about India and PM Modi, and the role India plays in avoiding a war between China and Taiwan. On being asked if he has any relationship with Modi, Ramaswamy said, "I don't know him yet.

There are clear signs China wants to take the digital yuan, its CBDC, into the global arena – with CIPS and BRI integrations in the pipelines.

ecommerce licences in Indonesia after Southeast Asia's largest economy banned online shopping on social media platforms, people familiar with the discussions said. Indonesia's trade ministry banned ecommerce transactions on social media a month ago, saying it sought to protect small and midsize offline merchants and marketplaces, and to ensure users' data was protected.

Australian authorities have charged seven people with helping launder hundreds of millions of dollars for a Chinese crime syndicate

Asian Para Games, taking country's tally to 80, including 18 gold medals. India have now gone past the earlier best of 72 achieved in the 2018 edition in Indonesia. India's medal tally read 18 gold, 23 silver and 39 bonze, and the count will keep on increasing till the end of the fourth day of competitions.

Mercedes-Benz said a «brutal» electric vehicle market of heavy price cuts and supply chain issues meant it would likely hit the lower end of its 12-14% adjusted return on sales forecast for the cars division, as third-quarter earnings fell. The luxury carmaker said it remained committed to its EV targets, but could bolster earnings with better returns from its combustion engine portfolio if margins on EVs remained lower than previously assumed, its chief financial officer said on an analyst call. With some traditional players selling battery electric vehicles below the level of internal combustion engine cars despite their higher production costs, «this is a pretty brutal space,» Harald Wilhelm said. «I can hardly imagine the current status quo is fully sustainable for everybody,» he said. Discounts offered on some models in Germany in the fourth quarter did not represent an overall shift in the carmaker's pricing strategy of keeping prices high to focus on boosting margins over volume, Wilhelm said. Mercedes shares had slid more than 6% by 0733 GMT to their lowest in almost a year, and were the biggest fallers on the euro zone blue-chip index.