China Financial News

By Stephen Nellis and Max A. Cherney

'Cannot be considered acceptable...': Media organisations write to CJI after NewsClick raids Purkayastha – allegedly an active member of the Propaganda Department of the Communist Party of China – also stands accused of election tampering. As per the Delhi Police he had conspired with the ‘People's Alliance for Democracy and Secularism’ to sabotage the electoral process during the 2019 Lok Sabha polls.

Ajit Dayal, Founder, Quantum Advisors, says “unlike China, India has a one-to-one correlation between stock market returns and GDP. When GDP grows, stock market returns grow. In China, that correlation broke about eight-nine years ago and it is not likely to go back given that strong leadership and strong governments who think too much of themselves are dangers to stock market returns. They may not be dangerous to GDP growth rate because strong governments or strong leaders can encourage crony capitalism. We have seen that in Russia and China. Therefore, we pray for coalition governments in some sense because then you have automatic risk management.” Today is an interesting day because the Nifty after going to almost 19,200 or thereabout has come back to 19,600-19,700. There was a fear in the market that this change in global narrative of higher for longer which our Governor Das also alluded to today, is likely to dislocate markets globally. Since India has relatively outperformed the world, it was thought that we are likely to fall a lot. But that narrative has not played out entirely in India. How scary is this higher for longer in your view for risky assets overall? If you look at the way the global interest rates have been, since 1980, you have had basically a one-way bet on interest rates that they will be declining and that is what has happened.

FIR filed under anti-terror law UAPA following allegations against news portal NewsClick, has alleged that a large amount of funds came from China in order to disrupt India's sovereignty and cause disaffection against the country. The Delhi Police served a copy of the FIR to the portal on Friday, a day after a city court directed it to do so.

diamond prices has created a golden opportunity for individuals looking to own a piece of timeless beauty, as prices are now more affordable than they have been in years. This has also opened up new opportunities for Indian diamond businesses to attract customers from countries like the US, the UK, and China.

Managed by Nipun Sharma, the fund held long and short positions across Asia excluding Japan, using a bottom-up stock picking approach.

“homeland economics", a protectionist, high-subsidy, intervention-heavy ideology administered by an ambitious state. Fragile supply chains, growing threats to national security, the energy transition and the cost-of-living crisis have each demanded action by governments—and for good reason. But when you lump them all together, it becomes clear just how systematically the presumption of open markets and limited government has been left in the dust.

As Bitcoin continues its journey in the global financial landscape, its trajectory seems increasingly intertwined with expert predictions, sustainability initiatives, and strategic approvals. 

Investing.com — European stock markets are expected to open in a mixed fashion Friday, with investors focusing squarely on the monthly U.S. jobs report that could set the tone for the Federal Reserve’s next interest rate move.

Tokyo | When 300 Japanese business titans and the country’s trade minister descend on Melbourne this weekend, it will be a reminder that not a lot has changed in half a century.

By Howard Schneider

Kajaria Ceramics and Somany Ceramics - with a buy call. Somany Ceramics share price has gained about 24 per cent while Kajaria Ceramics share price has risen about 13 per cent in the last one year.

Asian Games 2023: On Day 13 of the Asian Games 2023 in Hangzhou, India clinched the bronze medal in the women's recurve archery event by defeating Vietnam with a score of 6-2. In the women's kabaddi semifinal on Day 13 of the ongoing Asian Games 2023 in Hangzhou, India secured an impressive victory against Nepal, dominating with a final score of 61-17.

Banks do try to impose some costs on high-volume users, and the government gives them money to promote low-value online transactions and make formal credit available to disadvantaged groups like street vendors. Yet, a lot of the lenders complain about being made to watch the swelling wave of online payments from the sidelines, rather than being allowed to ride it. Without a profit motive, how will India sustain an industry that — starting from nowhere seven years ago — has come to transact nearly $2 trillion of value annually? It appears that those concerns are overblown.

(Reuters) — An updated rule curbing exports of U.S. chipmaking equipment to China is in the final stages of review, according to a government posting and a source, a sign the Biden administration is poised to soon tighten restrictions on Beijing.

TAIPEI (Reuters) — Taiwan's government has opened an investigation into four companies named in a media report as conducting business with firms linked to U.S.-sanctioned Huawei in China, and is considering tighter rules on key technologies.

BEIJING — Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for business, especially foreign ones.

China has taken another step forward in its digital yuan pilot – connecting its CBDC platform to Hong Kong’s Fast Payment System (FPS).

Asian Games 2023 Live Updates: On the 13th day, team India will face Bangladesh in the semi-finals of the Cricket men's tournament at the 2023 Asian Games this Friday.Following the gold medal victory by Harmanpreet Kaur and her team, the responsibility now rests on the shoulders of opener Ruturaj Gaikwad and the men's team to aim for India's second gold medal in cricket at the Asiad.A win against Bangladesh would guarantee India a silver medal in men's cricket. Day 13 of the Asiad will commence with India's recurve teams participating in the knockout rounds of the men's and women's tournaments in Hangzhou.Following their successful podium placements in men's badminton, athletes HS Prannoy, Chirag Shetty, and Satwiksairaj Rankireddy have the opportunity to elevate their medals to silver if they can secure wins in the semi-finals.In the afternoon session, India, the seven-time champions, will face their arch-rivals Pakistan in an eagerly anticipated semi-final clash in the men's kabaddi competition at the Asian Games.India secured a spot in the semi-finals by defeating Chinese Taipei 50-27 and then claimed the top spot in Group A with a convincing 56-28 victory over Japan.

Nifty 50 closing above 19,500. The relief rally in the Indian markets was led by healthy PMI data and falling crude oil prices. “The positive signal from the PMI data and the correction in the crude price boosted the market sentiment.

Rio Tinto has loaned $US100 million ($156.9 million) to the Chinese and Singaporean companies that will build railways and ports for Guinea’s Simandou iron ore project, in a major show of faith in its consortium partners, rival miners and the grand plan to build an African iron ore industry.