China Financial News
19.10 / 06:23
Provident
Digital
Platform
Boeing
social
reports
open
OnePlus Open foldable smartphone launch in India: Where and how to watch livestream; everything expected
₹1,00,000 and the phone could feature a triple rear camera and impressive display specs. To catch the live broadcast of the event, enthusiasts can visit OnePlus India's official YouTube channel at 7:30 PM IST. Additionally, the company will provide real-time updates on its social media platforms.
19.10 / 06:11
Provident
Target
Digital
Action
country
information
prevention
us house
Sequoia targeted by US House China tech investment probe
Sequoia Capital after starting investigations into several other venture capital firms for their investment in Chinese technology companies. The House Select Committee on China is seeking information about Sequoia’s investments into artificial intelligence, semiconductor and quantum computing companies in the Asian country, as well as its recently announced split into three firms. In the split, Sequoia China was rebranded as HongShan.
19.10 / 04:37
CEO
Assurant
Tesla
show
track
country
Q3
Chinese EV makers sink tracking disappointing Tesla Q3 earnings
Investing.com-- Shares of Chinese electric vehicle makers fell on Thursday, tracking an overnight tumble in Tesla (NASDAQ:TSLA) after the world’s most valuable car maker posted weaker-than-expected third-quarter earnings.
19.10 / 04:37
COST
Reuters
WSJ
reports
Chinese-owned pork producer Smithfield prepares for US listing -WSJ
(Reuters) — Smithfield Foods' Chinese owner WH Group (OTC:WHGLY) is working with banks to take the U.S.-based pork producer public again in the United States, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
19.10 / 04:37
UPS
Tesla
track
country
hospital
Asian stocks
Asian stocks slide as rising yields batter tech, Fed chair awaited
Investing.com-- Most Asian stocks tumbled on Thursday, with technology-heavy indexes bearing heavy losses tracking a spike in bond yields, while anticipation of a speech from Federal Reserve Chair Jerome Powell also kept investors on edge.
19.10 / 04:37
Reuters
country
information
reports
Country Garden bondholders seek talks after missed payment -sources
By Scott Murdoch, Xie Yu and Clare Jim
19.10 / 03:07
Provident
Digital
stage
country
electronic
information
IT hardware companies may require global certification
laptop, server and other IT hardware importers to provide an international certification attesting that their product is from a trusted source before allowing a licence-free import of it, people in the know of the matter told ET. This certification, one of the people said, could be from an international organisation. This organisation could periodically verify that the components used in the hardware come from trusted supply chains and do not have any spyware or malware in them, this person said.
19.10 / 03:07
UPS
Target
Reuters
economy
ANZ
Bank of Korea extends rate pause, keeps hawkish tilt on price pressures
central bank kept its interest rate unchanged for a sixth straight meeting on Thursday while retaining a tightening bias, as policymakers stayed alert to higher oil prices that could interrupt a moderation in inflation. The Bank of Korea (BOK) said price pressures would remain for longer than expected due to heightened uncertainties surrounding the Israel-Hamas conflict and global oil prices. «The timing of consumer price inflation converging on the target level is more likely to be delayed than previously expected,» it said in a statement after keeping its key policy rate at 3.50%, as expected by all 49 economists polled by Reuters. The South Korean economy has taken a hit from a cumulative 300 basis points of rate hikes since August 2021 that has been adding financial stress to households, among the most indebted in the world. With markets not anticipating a rise in rates for the rest of the year, the focus is now on whether Governor Rhee Chang-yong will maintain his hawkish bias or signal a policy pivot. «Above-target domestic inflation will keep the BOK guarded. September's print exceeded expectations at 3.7%, driven mainly by oil and agricultural prices.
19.10 / 02:39
19.10 / 02:39
19.10 / 02:39
UPS
Citi
Dash
Reuters
economy
show
reports
recovery
China's new home prices extend declines, defying broader recovery
BEIJING (Reuters) -China's new home prices fell for the third straight month in September, official data showed on Thursday, dashing hopes of a turnaround in demand during a traditionally peak month for home buying despite efforts to revive the crisis-hit property sector.
19.10 / 01:18
Netflix
Tesla
President
show
stage
hospital
Mid-East tensions, Chinese GDP, Netflix earnings - what's moving markets
Investing.com — U.S. President Joe Biden heads to Israel, while crude prices soar as a missile explosion on a Gaza hospital esclated tensions in the Middle East. The earnings season continues with results due from Netflix (NASDAQ:NFLX) and Tesla (NASDAQ:TSLA), while Chinese GDP expanded by more than expected in the third quarter.
19.10 / 00:53
UPS
Action
show
country
hospital
Oil rally cools as focus remains on Israel-Hamas war, more Fed cues
Investing.com-- Oil prices fell in Asian trade on Thursday after a strong run of gains this week as markets awaited more developments in the Israel-Hamas war, while upcoming signals from the Federal Reserve were also in focus.
19.10 / 00:53
Reuters
Waters
economy
show
electronic
Time
Japan exports rise for the first time in three months
By Tetsushi Kajimoto
18.10 / 20:09
UPS
economy
Yellow
track
hospital
reports
Gold Prices
Gold prices rally to near 1-mth high as Middle East tensions worsen
Investing.com-- Gold prices rose sharply on Wednesday, nearing a one-month high as a potential escalation in the Israel-Hamas war drove up safe haven demand, while copper prices also rose tracking a positive reading on China’s economy.
18.10 / 20:09
18.10 / 19:35
Target
Remark
Netflix
Tesla
NVIDIA
reports
500
S&P 500 falls as Nvidia drives tech lower ahead of Tesla, Netflix results
Investing.com — The S&P 500 fell Wednesday as Nvidia continued to weigh on tech for a second-straight day ahead of quarterly results from Netflix (NASDAQ:NFLX) and Tesla (NASDAQ:TSLA) after markets close.
18.10 / 18:34
COST
Provident
Software
Nov
Scotiabank to cut 3% of global workforce
The Bank of Nova Scotia says it’s cutting about three per cent of its global workforce because of changes to its operations and customers’ preferences, as well as ongoing efforts to streamline operations.
18.10 / 17:43
COST
UPS
Provident
FIVE
economy
prevention
View: IMF says Asia growth likely to be muted; risks & implications for India
Asia-Pacific should accelerate this year to 4.5%. But IMF estimate for growth next year has been lowered to just over 4%, based on signs of slowing growth and investment in Q3.
18.10 / 16:13
UPS
Align
President
country
reports
gatherings
Xi Jinping touts China as ‘alternative to US-led world order’. Can Beijing overcome the headwinds?
US-led world order’, this time backed by Russian President Vladimir Putin. Over the year, one of the most powerful premiere of China, Xi Jinping has been ramping up efforts to project China as an alternative leader to the US, at a time, US has been making efforts to loose labour dependence on China and looking further south Asia at India.
18.10 / 16:13
Citizens
track
information
prevention
donates
Mint Explainer: Demystifying the electoral bonds scheme
Mint examines the concerns related to the transparency and accountability of the scheme, as well as its potential for misuse as a political funding source. Electoral bonds were introduced in the 2017 Union Budget to enhance transparency in political funding. Concerns arose due to donor anonymity and lack of disclosure.
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