China Financial News

24.10 / 13:13

Provident Manufacturing CEO Mobile country Australian Malaysia gives nod for Australian miner Lynas to import, process rare earths until March 2026

Malaysia’s government says it will allow Lynas Rare Earths to continue to import and process rare earths until March 2026

24.10 / 13:13

Citi Progressive Assurant Nov President country audience California governor visits China and says his state will always be a partner on climate change

California Gov. Gavin Newsom opened a weeklong trip to China with an assurance that his state will always be a partner on climate issues no matter how the U.S. presidential election turns out next year

24.10 / 13:13

CEO Mobile Chevron pandemic Hess country information Chevron buys Hess for $53 billion, 2nd megadeal in the oil patch this month as energy prices soar

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge

24.10 / 13:13

Provident Apple HON reports hubei Apple supplier Foxconn subjected to tax inspections by Chinese authorities

Chinese state media report that Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities

24.10 / 13:13

UPS Man Experts reports travelers Cyber China crackdown on cyber scams in Southeast Asia nets thousands but leaves networks intact

Tens of thousands of people, many of them Chinese, have been caught up in cyber scams based in Southeast Asia

24.10 / 13:13

COST UPS Coca-Cola Waters Latin Coke raises full-year sales forecast after stronger-than-expected third quarter

Coca-Cola is raising its full-year revenue forecast after a stronger-than-expected third quarter

24.10 / 13:09

Telegram President country 2020 reports travelers Kremlin refutes health speculations surrounding President Putin

Kremlin has officially quashed recent online rumors concerning the health of President Vladimir Putin, asserting that he remains hale and hearty. Kremlin spokesperson Dmitry Peskov firmly rebuffed claims of body doubles, branding them as an «absurd hoax.» Speculations surrounding President Putin's well-being emerged following an unverified report from a Russian Telegram channel, which subsequently garnered attention from certain Western media outlets, alleging a serious health incident on a recent Sunday evening. Despite his 71st birthday on October 7th, Vladimir Putin is a judo fanatic and presents himself as a dynamic and vigorous leader.

24.10 / 12:45

Reuters President country reports China ousts defence minister, the second senior leader to leave in three months

By Yew Lun Tian

24.10 / 09:51

Reuters Cooper Manufacturing President country reports Foxconn China probe: Taiwan frontrunner hits out as allegations become election issue

Foxconn, saying Beijing should «cherish» Taiwanese companies and not put pressure on them during an election. Foxconn is facing a tax probe in China, two sources close to the company said on Monday, confirming a report in China's state-backed Global Times.

24.10 / 08:53

Waters Action economy President country consequences Department How China could turn crisis to catastrophe

While the world’s eyes were fixed on the unfolding horrors of the latest Middle East war, China was busy pushing the envelope in the South China Sea. On Sunday, a Chinese coast guard vessel and another Chinese ship rammed a Philippine supply boat and coast guard ship in international waters claimed by China around the Spratly Islands. The State Department gravely noted that the Chinese actions “violated international law," but China appears unimpressed.

24.10 / 06:11

COST UPS economy ICE show country How Far Is China’s Slowdown Spreading? Ask a Dairy Farmer 6,000 Miles Away

OTOROHANGA, New Zealand—As the sunrise cast a pink glow around 6:30 a.m., Michael and Susie Woodward worked together to attach suction cups to the udders of dozens of cows in the milking shed of their New Zealand dairy farm. When a tanker arrived to take the milk to a processor, Michael Woodward calculated the day’s earnings—and figured he and his wife would lose about $25 on the shipment. “I try not to think about it, to be honest," Michael Woodward, 43 years old, said as nearly 1,400 gallons of unprofitable milk was transferred from a storage vat to the truck.

24.10 / 04:51

UPS Lowe's Manufacturing show Asian stocks Asian stocks dip on weak PMIs, China rebounds as state steps in

Investing.com-- Most Asian stocks extended recent losses on Tuesday following weak business activity readings from Japan and Australia, while Chinese markets rebounded from pre-pandemic lows as a state-run fund began snapping up some equities.

24.10 / 04:51

UPS Lowe's economy show country Asia FX creeps higer as dollar, yields retreat before econ data storm

Investing.com-- Most Asian currencies advanced on Tuesday, reversing some recent losses as the dollar retreated from 2023 peaks before a string of key economic readings due this week, although risk appetite still remained weak.

24.10 / 04:51

Provident BLOCK Aviat Airlines Qantas, China Eastern Airlines withdraw request to regulator to extend pact

(Reuters) — Qantas Airways said on Tuesday the company and China Eastern Airlines (OTC:CEAYY) have withdrawn their application to Australian competition regulator that sought to extend their joint business.

24.10 / 04:19

Facebook Target Platform Hawaiian social information Canada says China-linked 'Spamouflage' campaign targeted lawmakers, PM Trudeau

Spamouflage" campaign that involved bots posting disinformation and propaganda on the social media accounts of members of parliament, including Prime Minister Justin Trudeau. The Spamouflage campaign, using networks of new and hijacked social media accounts to post bulk messages, took place in August and September, and targeted dozens of lawmakers from across the political spectrum, the foreign ministry said in a statement.

24.10 / 04:19

UPS Lowe's ETF Fighting Support China stocks struggle on weak sentiment after state fund's support

China stocks edged up in early trade on Tuesday while Hong Kong shares slipped, as markets struggled to rebound amid a lingering weak sentiment after state fund Central Huijin bought exchange-traded funds (ETFs) to bolster the market. China's blue-chip CSI 300 Index added 0.3% and Hong Kong's Hang Seng Index lost 0.3%, both hovering around the lowest levels in the year. The weakness comes against broad fragile sentiment around the globe on risks of continued fighting between Israel and Hamas. A gauge of global equity markets fell to an almost seven-month low on the outlook, as the benchmark U.S.

24.10 / 04:17

Continental performer Asian Para Games: Prachi Yadav continues to shine, clinches gold in Canoe women's KL2 event

Prachi Yadav clinched a gold medal in the Canoe women's KL2 event to ensure the flurry of medals continued in the ongoing 4th Asian Para Games on Tuesday. After bagging a silver on Day 1 in the women's VL2 final, she topped the women's KL2 event with a timing of 54.962s. China's Shanshan Wang took away the silver medal with a timing of 55.674s.

24.10 / 04:09

Target economy WhatsApp country China's Foreign Minister Wang Yi to visit US from 26-28 October. What's on agenda?

Biden and Xi have not engaged in any discussions since their last meeting in November, which took place on the sidelines of the Group of 20 summit in Bali, Indonesia. Tensions between the world's leading economies have remained consistently elevated throughout the past year.

24.10 / 03:27

FIVE WhatsApp President cover 2020 Department recommendations Dearness Allowance hike: Good news for Railway employees as Board announces 4% hike in DA. Details here

The Railway Board has announced that it has revised the dearness allowance for its employees from 42 percent to 46 percent of the basic pay effective from July 1, 2023.

24.10 / 03:01

Provident Digital Cooper Platform Cross-border Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank

A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC.

24.10 / 02:37

Provident Manufacturing Parke Bain Capital forms $250 million industrial property JV with China's DNE Group

BEIJING/SYDNEY (Reuters) — Bain Capital and Chinese industrial real estate developer and operator DNE Group said on Tuesday they formed a joint venture with a $250 million equity commitment, as the U.S. firm looks for investment opportunities in manufacturing park assets in China.

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