China Financial News

04.03 / 07:23

Action economy Corning wellness Trade War country China retaliates against US with tariffs, controls on US companies

Subscribe to enjoy similar stories. China hit back at the U.S. with a slate of retaliatory measures in response to the Trump administration’s latest tariff increase, escalating a trade war between the world’s two largest economies.

04.03 / 07:23

COST UPS Manufacturing economy Trade country reports Trump tariffs usher in new era of protectionism

Subscribe to enjoy similar stories. The U.S. economy entered a new era at 12:01 a.m.

04.03 / 07:19

markets UPS FIVE economy Sustainability Experts India's steel industry contemplates potential fallout from Trump administration tariffs

Many industry workers and experts expect that the result of tariffs will be that cheap steel gets dumped in places like India. That's because the announced 25% tariff will make it too expensive for many companies in countries like China and South Korea to keep exporting to the U.S. For B. Praveen of Sun Techpro Engineering, which makes products from steel metal sheets, it means his «wafer-thin» profit margins will probably grow as the steel he buys gets cheaper.

04.03 / 06:01

markets Strategy Election wellness trends Celebrity reports Chasing bets, dodging risks: Why Chris Wood of Jefferies is bargain hunting in India with a cautionary eye

Subscribe to enjoy similar stories. India might be cheaper now than it was four months ago, but Chris Wood, global head of equity strategy at Jefferies, is not just celebrating bargains. He is also keeping a watchful eye on potential risks, particularly redemptions.

04.03 / 05:39

markets COST Trade President Experts War Chicken, corn, and cotton: China slaps 15% tariff on US goods from March 10

A Trade War Reignited Just after midnight on Tuesday, the U.S. implemented sweeping tariffs on imports from China, Canada, and Mexico. These new levies push U.S. tariffs to historic levels, unsettling businesses and foreign governments alike. As of 12:01 a.m., the Trump administration imposed a 25% tariff on all imports from Canada and Mexico, while increasing tariffs on Chinese goods by an additional 10%, on top of existing duties.

04.03 / 04:11

markets COST Provident RAI country information China to publish policy to boost RISC-V chip use nationwide: Sources

RISC-V chips nationwide for the first time, two sources briefed on the matter said, as Beijing accelerates efforts to curb the country's dependence on Western-owned technology. The policy guidance on boosting the use of RISC-V chips could be released as soon as this month, although the final date could change, the sources said. It is being drafted jointly by eight government bodies, including the Cyberspace Administration of China, China's Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the China National Intellectual Property Administration, they added.

04.03 / 04:11

markets UPS WhatsApp Nestle President track Nifty sinks below 22,000, Sensex falls over 350 points, tracking global peers ahead of Trump's tariffs

Nifty, opened lower on Tuesday, weighed down by index heavyweight Reliance Industries and IT stocks, tracking losses in Asian markets after former U.S. President Donald Trump reiterated that his proposed tariffs would proceed as planned. The BSE Sensex was down 386 points, or 0.53%, at 72,665, while the Nifty50 fell 145 points, or 0.66%, to 21,974 around 9:20 am.

04.03 / 04:11

markets COST Ripple wellness Trade Experts Trump trade threats compound global ocean shipping uncertainty

Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbours and allies. That is the backdrop for this week's S&P Global TPM container shipping and supply chain conference in Long Beach, California, an annual event that marks the start of container shipping contract negotiating season. Attendees this year include industry heavyweights like container carriers MSC, Maersk and Hapag-Lloyd, marquee customers such as Walmart, and major logistics firms including DSV and DHL.

04.03 / 03:45

UPS Research Trade President country reports China ‘firmly rejects’ additional U.S. tariffs, says it will implement countermeasures

BEIJING — China «firmly rejects» additional U.S. tariffs on Chinese goods and will take countermeasures, the Ministry of Commerce said in a statement Tuesday.

04.03 / 00:37

CEO Platform security Enterprise reports Interviews International Zoho Corp plans to make public two foundational AI models this year

Subscribe to enjoy similar stories. Zoho Corp plans to make two artificial intelligence-based internal foundational models public by the end of the year, group chief executive officer Shailesh Davey said in an interview with Mint. The cloud software startup is also working on foundational models to support Indian languages, though it does not have a timeline on when they will be launched, Davey said.

04.03 / 00:37

markets Platform Apple Software Interface Experts country Apple’s India engineers push iPhones closer to hinterlands with local languages

Subscribe to enjoy similar stories. New Delhi: Last month, Apple announced that starting April, its iPhones will support 10 Indian languages.

04.03 / 00:37

markets ETF security Analysis MSCI Trade show Active FPI funds selling more of Indian stocks than ETFs

Subscribe to enjoy similar stories. Actively managed foreign funds have sold more Indian stocks than passive funds in the ongoing correction, according to a Mint analysis.

03.03 / 23:33

markets UPS FIVE security Trade War reports Cloud of uncertainty for Indian IT in FY26.

Subscribe to enjoy similar stories. Better growth for the Big Five of India's IT industry in the next financial year has come under doubt, with some of the largest banks, the biggest customers of homegrown IT firms, putting large tech spending projects on hold. The reason: Uncertainty over inflation rates and whether America’s recent tariffs on goods from China and Mexico could start a new round of trade war.

03.03 / 23:33

markets UPS Platform Enterprise innovations Interviews Peak XV’s Surge now backing startups in US, UK, Australia, China

Subscribe to enjoy similar stories. Early-stage venture capital firm Peak XV’s seed platform Surge has seen its global footprint expand to markets such as Australia, China, the UK, and the US, according to a top company executive. Peak XV’s managing director Rajan Anandan told Mint in an interview that the program, which started off with focus on India and Southeast Asia, has now expanded to support companies in other markets.

03.03 / 22:59

Target Manufacturing Remark CME President show Inflation will move toward 2% target, but risks to outlook are rising, says Fed's Musalem

WASHINGTON — The risks for higher inflation are on the rise, St. Louis Federal Reserve President Alberto Musalem said Monday.

03.03 / 19:53

markets UPS CEO NVIDIA RAI reports Jensen Huang’s 8-word bombshell that every Nvidia investor needs to hear; here’s why it’s a game-changer

Nvidia’s recent earnings call, CEO Jensen Huang dropped powerful eight words that could have a major impact on the future of the company and its investors: “Future reasoning models can consume much more compute,” as quoted by The Motley Fool.

03.03 / 19:17

markets Nestle Research Universities mountaineering Ebbing demand for China's favourite firewater adds to debt concerns

In the weeks before Lunar New Year, tourists traditionally flock to the town, nestled in the mountains of the southwestern province of Guizhou, to buy the baijiu, or white spirit, as gifts — this year, those crowds were notably smaller. The premium spirit made locally by Kweichow Moutai has for decades been a fixture at weddings, business dinners and state functions, but its sales in the past two years have been hit by poor consumer and business confidence.

03.03 / 17:13

markets Provident CEO Analysis Tesla Trade Experts Tesla shares rise 2% as Morgan Stanley backs AI, robotics efforts with 'top pick' status

The note dated Sunday was the latest from analyst Adam Jonas, a longtime Tesla bull who has praised the company's push beyond autos as sales face pressure from high U.S. borrowing costs and fierce Chinese competition including from BYD.

03.03 / 14:59

UPS Strategy performer RIT Capital Partners NAV per share total return hits 9.4% as trust continues to tackle double-digit discount

In its annual results released today (3 March), the board said its holdings in quoted equities contributed 6.9% to the trust's NAV and returned 15.8% the 12 months ended 31 December 2024. Last year, the strategy increased its portfolio allocation to quoted equities to 46.2%, up from 38.4% in 2023. According to Maggie Fanari, chief executive of the trust's manager, J Rothschild Capital Management, RCP's quoted equities pillar «benefited from our selection of quality and small-to-mid cap stocks, along with a strong performance from managers investing in China and Japan». RIT Capital ...

03.03 / 09:53

Manufacturing economy Trade President show country consequences New trade order: US-China neutrality may not give countries an advantage

Subscribe to enjoy similar stories. Being ‘not China’ may have been the easy part. A big manufacturing pitch in several Asian economies was that they enjoyed cordial relations with Beijing and solid historical ties to the US.

03.03 / 09:31

markets NVIDIA reports Investigations Destinations Singapore probes final destination of possible Nvidia chip servers

Malaysia, but their actual final destination remains a mystery, the city-state's interior minister said Monday. The United States is cracking down on exports of advanced semiconductors to China, seeking to retain a competitive edge over the technology. But Bloomberg News reported in late January that US officials were probing whether DeepSeek bought advanced Nvidia semiconductors through third parties in Singapore, skirting Washington's restrictions.

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