China Financial News
20.10 / 13:27
Provident
Art
Amazon
MAT
cover
ventilators
8 Best Car Seat Covers in India For A Comfortable And Stylish Ride (2023)
We know the choices can be overwhelming, which is why we've put together a list of the 8 best car seat covers. We're considering everything from how comfy they are to how cool they look, how long they last, and whether they're worth every rupee. So, whether you're zipping around town or hitting the open road, we've got your back (and your seats)! Let's make your driving experience as stylish and comfy as possible this year. Scroll to explore the best options with us.
20.10 / 12:59
Asia
Abrdn
Investment trusts
People moves
Investment Trust
abrdn Asia Focus manager Hugh Young to retire after 43 years
Hugh Young (pictured) is retiring from the industry after 43 years.
20.10 / 11:51
Man
Arrow
show
blues
reports
Department
Man who crashed into Chinese Consulate carried knife, crossbow: San Francisco police
Chinese Consulate in San Francisco last week is said to be armed with a knife and had a loaded crossbow in his car. Zhanyuan Yang, the driver in a blue sedan was then fatally shot by police on October 9.
20.10 / 11:41
UPS
shootings
Pride
country
gatherings
Training
archery
Haryana Chief Minister Manohar Lal Khattar announces setting up of 2 shooting ranges, 2 archery training centres
Haryana Chief Minister Manohar Lal Khattar on Friday announced that two shooting ranges will be established in Jhajjar and Panchkula while two archery training centres will be set up in Yamunanagar and Faridabad. Khattar felicitated the players from Haryana who won medals at the recently held Asian Games in China. At a grand felicitation ceremony organised at Karnal, players, both medal-winners and others who participated at the event, received cash prizes from the chief minister.
20.10 / 10:55
20.10 / 10:55
CBDC
Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation
The Central Banks of China and the United Arab Emirates (UAE) have recently signed memoranda of understanding (MoUs) relating to digital currencies during the third "Belt and Road" International Cooperation Summit Forum in Beijing this week.
20.10 / 10:41
20.10 / 10:41
UPS
Target
Intuit
reports
Q3
Intuitive Surgical stock drops on mixed Q3 results; analysts say investors concerned about GLP1 and China
Intuitive Surgical reported mixed third quarter results as earnings beat, but revenue missed analysts' forecasts as Intuitive Surgical, Inc. (NASDAQ:ISRG) shares fell over 8% lower in pre-market Friday.
20.10 / 10:07
UPS
UBS
RIO
Albemarle
reports
Battery metal prices collapse on supply glut, cool Chinese EV demand
Prices for key battery metals required for the clean energy transition – such as lithium and nickel – have collapsed since the start of the year amid a supply glut and Chinese consumers reducing demand for electric vehicles.
20.10 / 09:37
UPS
Manufacturing
Mobile
country
reports
Australia's Lynas to upgrade Malaysian rare earth refinery amid dispute over operating license
Australian miner Lynas Rare Earths says it will temporarily shut down most of its operations in Malaysia for upgrades while dealing with a legal battle with the Malaysian government over its operating license
20.10 / 07:27
COST
UPS
Manufacturing
economy
reports
The green power grid isn’t coming
The International Energy Agency said this week that 49.7 million miles of transmission lines—enough to wrap around the planet 2,000 times—will have to be built or replaced by 2040 to achieve the climate lobby’s net-zero emissions goal. This amounts to a plan for everyone to buy more metals from coal-fired plants in China. Grid investment, the IEA report argues, is needed to carry additional renewable energy “as the world deploys more electric vehicles, installs more electric heating and cooling systems, and scales up hydrogen production using electrolysis." By its estimate, the world needs to spend $600 billion annually on grid upgrades by 2030.
20.10 / 07:11
ETF
Microsoft
Sony
track
2020
reports
After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard
Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could lead to greater consolidation in the $188 billion video games market, according to a new report from venture capital firm Konvoy, which was shared exclusively with CNBC.
20.10 / 06:39
UPS
WhatsApp
country
Distressed developer Evergrande revises restructuring plan amid increasing uncertainty
Also read: China Evergrande's EV unit suspends $500 million share subscription deal, stock to resume trading The development adds to Evergrande’s increasingly uncertain fate, after the company said late last month that founder Hui Ka Yan has been suspected of committing crimes and placed under police control. The world’s most indebted developer with liabilities exceeding $300 billion will face an October 30 court hearing in Hong Kong of a petition to wind up the firm, which could lay bare the once-unthinkable possibility of liquidating its assets.
20.10 / 06:35
UPS
Provident
pandemic
performer
reports
travelers
IHG upbeat about 2023 results after 10.5% rise in quarterly room revenue
(Reuters) — IHG said on Friday it expected to close out 2023 with «very strong» financials as the Holiday Inn-owner reported a rise in quarterly revenue per room on strong summer travel demand and a recovery in China to pre-pandemic levels.
20.10 / 05:39
Provident
China Evergrande revises terms of proposed restructuring
(Reuters) -China Evergrande Group said on Friday it was revising the terms of a proposed offshore debt restructuring deal to meet the firm's situation and creditors' demand, without providing details.
20.10 / 05:39
UPS
Action
President
Experts
country
reports
Department
PUMP
Long lines at gas pump unlikely, but Middle East crisis could disrupt oil supplies, raise prices
Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and raise prices
20.10 / 05:37
UPS
Lowe's
FIVE
performer
reports
Jindal Stainless shares gain over 5% as net profit rises 120% in Q2
Jindal Stainless jumped over 5% in early trade on Friday, outperforming the overall market's weakness after investors reacted positively to the company's Q2FY24 performance. The company, which released its September quarter numbers post-market hours on Thursday, reported a 120% jump in its consolidated net profit to ₹764 crore as compared to a net profit of ₹347 crore recorded in the same period of last year. Its revenue from operations during the September quarter came in at ₹9,797 crore, a jump of 12% YoY.
20.10 / 05:17
20.10 / 04:55
UPS
Waters
COP
Eagle
information
reports
MacCap resurrects South32’s Eagle Downs sale
BHP’s blockbuster sale of its Queensland coal mines, Daunia and Blackwater, is already coaxing out other deals in the sector.
20.10 / 04:17
Provident
Manufacturing
NVIDIA
Experts
China, world's top graphite producer, to curb exports of key battery material
BEIJING (Reuters) -China will require export permits for some graphite products from Dec. 1 to protect national security, the commerce ministry said on Friday, as it faces growing challenges from foreign governments over its manufacturing dominance.
20.10 / 04:13
Digital
Cooper
President
Celebrity
European Commission
country
gatherings
EU set for own summit in bid to rival China belt and road
European Union will host leaders of some 20 countries next week to boost its global infrastructure plan aimed at competing with China in strategic regions, according to people familiar with the matter. The summit will come a week after China gathered representatives of more than 130 countries to celebrate the 10th anniversary of its own global investment plan, the Belt and Road Initiative. Heads of state or government who will attend the EU’s Global Gateway Forum on Oct.
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