China Financial News

Investing.com-- Most Asian stocks retreated on Monday as concerns over the Israel-Hamas war kept risk sentiment weak, with Japan’s Nikkei index leading losses amid jitters before key inflation data this week. 

Investing.com-- Oil prices fell in Asian trade on Monday, reversing course after a sharp rally in the prior week as markets awaited any more developments in the Israel-Hamas war, as well as a string of Asian economic cues this week.  

Penfolds owner Treasury Wine Estates was hit with a 46 per cent protest vote over executive pay on Monday after the board allowed share-based incentives to chief executive Tim Ford on the basis that no-one could have foreseen the heavy profit drop from punishing wine tariffs imposed by China.

Japan's former top currency diplomat, recalls how Chinese policymakers eagerly studied ways to avert a Japan-style burst of an asset bubble that led to prolonged deflation and economic stagnation — until around 2015. «Then they stopped. In the past seven to eight years, they seem to be ignoring everything they learned,» said Watanabe, who retains close ties with incumbent policymakers.

BEIJING — An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank for restrictive lending policies.

Indian markets are likely to open on a positive no... moreIndian markets are likely to open on a positive note on Monday despite caution in global peers ahead of China's Q3 GDP numbers, due later this week.

China's central bank ramped up liquidity support to the banking system as it rolled over medium-term policy loans on Monday, but kept the interest rate unchanged as expected. The People's Bank of China (PBOC) is walking a tight rope between keeping liquidity ample to aid a struggling economy and stabilising the yuan amid expectations of «higher for longer» U.S. rates. The PBOC said in a statement it conducted medium-term lending facility (MLF) operations worth 789 billion yuan ($107.96 billion) to keep liquidity in the banking system adequate.

“Though macro parameters such as BEER ratio or M-Cap-to-GDP ratio looks expensive, Indian market is supported by domestic savings getting channelized through MF SIPs, along with corporate profitability which has been steadily improving,” says Rakesh Parekh, MD and Co-Head, Portfolio Management Services, JM Financial Ltd. In an interview with ETMarkets, Parekh said: “We expect domestic facing sectors to outperform relatively in terms of earnings growth led to a large extent by the capital goods sector and Railways” Edited excerpts: Indian market seems to be consolidating after hitting a high in September largely on account of global factors. What is your take? Rising US yields, persisting China slowdown, and elevated crude oil prices amidst geopolitical uncertainties, especially the latest developments in the Middle East are key headwinds facing equity markets in the short term.

Russia's top diplomat Sergei Lavrov arrived in Beijing on Monday ahead of an expected visit by President Vladimir Putin to China, for a gathering of representatives of 130 countries that will be overshadowed by the Israel-Gaza war. This will be Putin's first trip to a major global power since the Ukraine invasion. The foreign ministry announced on social media platform X, formerly Twitter, that Lavrov was in the Chinese capital as part of a Russian delegation. Beijing is hosting representatives of 130 countries Tuesday to Wednesday to mark a decade of its Belt and Road Initiative (BRI) — a key geopolitical project of President Xi Jinping to extend China's global reach. But all eyes will be on Putin, who last month told Beijing's Foreign Minister Wang Yi in Saint Petersburg he had «gladly accepted» Xi's invitation to visit China for the BRI talking shop. The Russian leader's strategic dependence on China has only grown since his invasion of neighbouring Ukraine thrust his country into international isolation. Putin last week voiced concern at the «catastrophic increase» in the number of civilian victims in Israel and the Gaza Strip. The Kremlin ambassador to the United Nations has called for a «humanitarian cease-fire» in the Gaza Strip and Israel, while blaming the United States for the ongoing conflict. This year, trade between China and Russia has soared to levels not seen since the beginning of Moscow's war in Ukraine, with Chinese imports of Russian oil offering Moscow a critical lifeline as international sanctions bite. China has refused to condemn the war in an effort to position itself as a neutral party, while at the same time offering Moscow vital diplomatic and financial support. At the heart of the

Sensex fell 125.65 points, or 0.19%, to close at 66,282.74, while the Nifty 50 ended 42.95 points, or 0.22%, lower at 19,751.05. “The steady retail inflation in the US, the probability of further rate hikes in the US still remaining active, and the ongoing geo- political tensions, are factors that may dampen the market sentiment in the coming weeks too. But the reality of a strong domestic economy supports equities, and therefore, in any corrective downward movements it affords a significant amount of protection," said Joseph Thomas, Head of Research, Emkay Wealth Management.

The Singapore entity for Upbit, South Korea’s largest exchange by volume, has been given in-principal approval for a Major Payment Institution (MPI) license in Singapore.

UEFA EURO 2024 Qualifiers are just around the corner, and football fans worldwide are eager to catch the thrilling matches. The vast appeal of these qualifiers is evident by their extensive broadcast reach, covering regions from Europe to Africa, Asia, Latin America, North America, the Middle East, and Oceania. To help you keep up with the action, here's a list of broadcast partners for several nations: United States: Fox Sports fubo TV TUDN Canada: DAZN Canada TVA Sports Australia: Optus Australia India: Sony Six United Kingdom: Channel 4 S4C Viaplay For our readers outside these major nations, here's a glimpse of where you can watch the qualifiers: Albania: Digitalb, TV Klan Germany: ARD, DAZN, RTL, ZDF Italy: Mediaset, RAI, Sky Italia Spain: TVE Turkey: Saran, TRT United Kingdom: Channel 4, S4C, Viaplay Argentina: ESPN Latin America Brazil: ESPN Brazil – Globo, ESPN Brazil China: Super Sports China Japan: DAZN Japan Saudi Arabia: beIN sports South Africa: Supersport

crude oil prices and tightening global monetary conditions pose a risk, said chief economic advisor (CEA) V Anantha Nageswaran. The geopolitical situation needs to be closely watched, he told ET on the sidelines of the International Monetary Fund (IMF) and World Bank meetings in Marrakech, Morocco. «At the moment, we do not see it (developments in West Asia) as something that causes an immediate and significant economic impact, but we will need to watch it closely,» said Nageswaran. He said India's retail inflation is likely to be plus or minus 20 basis points of the Reserve Bank of India's 5.4% forecast for this financial year. A basis point is a hundredth of a percentage point. «But the fact that inflation has come down sharply tells us very clearly that what we experienced in June, July and August was seasonal, rather than something fundamental. Overall, inflation is not a big concern,» said Nageswaran. The CEA said capital investments by the private sector rebounded in 2021-22 and 2022-23.

Vladimir Putin will meet Xi Jinping in China this week in a bid to deepen a partnership forged between the United States' two biggest strategic competitors. Putin will attend the Belt and Road Forum in Beijing on Oct.

IMEC) and India-Israel-USA-UAE projects, China has launched dialogue across the region seeking to align BRI with Turkiye's Middle Corridor Initiative. Turkiye had decried IMEC, which is aimed at rivaling BRI in the region and this week's BRI summit in China is expected to witness efforts to align Ankara's Middle Corridor Initiative with BRI. The two sides recently held a high-level dialogue on the issue, ET has learnt. IMEC was announced on the sidelines of the G20 summit here in the presence of leaders of the USA, Saudi Arabia, India and Europe. Trans-Caspian East-West-Middle Corridor Initiative shortly named as 'The Middle Corridor', begins in Turkiye and passes through the Caucasus region via Georgia, Azerbaijan, crosses the Caspian Sea, traverses Central Asia and reaches China, according to a Turkish foreign ministry document.

China's Belt and Road Forum this week is likely to «mainstream» the group in the presence of more than 120 countries invited to the mega gathering. The Taliban leadership will attend a summit for the first time since storming to power in August 2021. The move is also an attempt to create a wedge with India and use the first-mover advantage with the Taliban, according to people in the know. Taliban officials and ministers have at times travelled to regional meetings, but the Belt and Road Forum is the first high-profile summit where Taliban has been invited officially, according to one of the people mentioned above.

Reuters report. “I don't think these are healthy thoughts in the minds of healthy people, because to say that the United States is preparing for war with Russia, well we are all preparing for war because we follow the ancient principle: if you want peace, get ready for war," Putin said in a video clip posted on Telegram. “But we want peace," he added with a chuckle.

₹20,000 crore in Kerala’s Vizhinjam Transhipment Terminal by 2030, managing director and chief executive Karan Adani said on a day the upcoming transhipment terminal officially received its first ship. The Zhen Hua 15, carrying cranes ordered for the port construction, was formally received by Kerala chief minister Pinarayi Vijayan and joined by various dignitaries. A water salute from towing rigs welcomed the visiting vessel.

Click here! The Chandrayaan-3's lander successfully touched down near the south pole of the Moon on August 23, making it only the fourth country in the world to achieve the feat of reaching lunar surface after the US, China and the erstwhile Soviet Union. The ISRO chief further said, "Now we are telling you people (to) come and build rockets, satellites and make our nation more powerful in space technology. It is not only ISRO, everybody can do it in space.

₹5,200 and ₹4,460 per tonne, respectively. This is being driven by firm domestic demand for steel as iron ore is a key input used in producing steel. Moreover, it helps that the global iron ore prices are on a strong footing.

At a journalism clinic I hosted in Asia some years back, one of my pleas was “don’t throw the entire kitchen sink at the story”.