China Financial News

By Stephen Nellis

The economic calendar is full of key data from the US this week, which should make for a volatile week for all the major pairs. But the fact we also have an interest rate decision from the ECB to look forward to means the EUR/USD will be among the more active pairs, making it the currency pair of the week to watch.

solar capacity will double to 1,000 gigawatts (GW) by the end of 2026 as the world's second-largest economy continues to ramp up investment in renewables, energy research firm Rystad Energy wrote in a note published on Monday. Beijing had set a goal of boosting the country's installed capacity of wind and solar power to more than 1,200 GW by 2030. China had installed 365 GW of wind power capacity and 392 GW of solar capacity by the end of last year — about a third of the world's total.

The world's largest company, Apple (NASDAQ:AAPL), aims to dispel recent controversies and reinvigorate growth as it unveils the highly anticipated iPhone 15 series today. This product launch is a pivotal event for Apple, garnering the attention of millions, as it does every year.

trade deal, namely the Regional Comprehensive Economic Partnership (RCEP), considered the world’s largest free trade bloc, covering around 30% of the world’s population, gross domestic product (GDP) and trade. The RCEP came into full force on 2 June.

Also Read: 'Fake preacher…': BJP leader joins Sanatan Dharma row as Ayodhya seer puts ₹10 crore bounty on Stalin's head Congress whip in Lok Sabha Manickam Tagore, on Tuesday, questioned why the print of new uniform has lotus. He asked why can't it have peacock or tiger, the national animal and the national bird respectively. He also alleged the BJP of making the “Parliament a one-sided partisan thing".

Also Read: ‘Russia likely to invest trapped rupees in India’: Sergei Lavrov says. Top Points The Russian President made it clear that Ukraine needs to cancel the ban on negotiations imposed by a drecree of the Ukranian President by which he prohibited himself and all others from conducting negotiations, reported TASS, a Russian state-owned news agency. The EEF is being hosted by Vladivostok from September 10-13.

China's real estate has claimed the top spot for the most likely source of a systemic credit event.

TOKYO—A Chinese aircraft carrier and around two dozen other Chinese warships were gathering in the western Pacific, according to authorities in Taiwan and Japan, an unusually large group suggesting Beijing may be planning major naval exercises. The movement follows a flurry of U.S. military activity in the region, and comes as efforts by Washington and Beijing to improve relations appear to have lost momentum.

China’s sluggish economy is driving cash-strapped local governments to seek unconventional sources of revenue. Their law enforcers have emerged as some of their biggest earners.

The United States and Vietnam formed business deals and partnerships worth billions of dollars to advance cooperation in artificial intelligence (AI) technologies and others, according to remarks from a joint press conference on Sept. 11.

CALGARY — Alberta Investment Management Corp. (AIMCo) is opening its first Asian office, but the Edmonton-based fund manager says it will steer well clear of China to focus instead on markets with less geopolitical risk.

Apple is expected to unveil its new iPhone lineup on Tuesday, with its Lightning charger ports likely to be replaced on the newest models by a universal charger after a tussle with the European Union. The bloc is insisting that all phones and other small devices must be compatible with the USB-C charging cables from the end of next year, a move it says will reduce waste and save money for consumers.

North Korea, Russia, and China on one side against South Korea, Japan, and the United States. In case North Korea chooses to supply arms to Russia, the already heavy Western sanctions against the country can intensify. The experts claim that Russia has everything, the troubled North Korean economy demands.

iPhone 15 will bring substantial improvements, particularly in the premium segment. As per Bloomberg, the Pro variants will showcase a redesigned chassis, replacing stainless steel with titanium. Additionally, the flagship model, the Pro Max, will boast an enhanced telephoto camera for superior photography.

Alibaba Group Holding Ltd. (NYSE:BABA) is placing a strong emphasis on artificial intelligence (AI) and user experience under the leadership of new Chief Executive Officer Eddie Wu.

BEIJING — Walter Isaacson's new biography of Elon Musk hit the Chinese market Tuesday, several hours ahead of the U.S. release due to a time difference that puts Beijing 12 hours ahead of New York.

Apple Inc.’s iPhone debuts have historically been a sell-the-news event for the stock, but the weeks following often provide an even better opportunity to buy the dip. Over the past five years, September has been the worst month of the year for Apple, with the shares averaging a decline of 4.5%, compared with a drop of 3.2% for the S&P 500. At the same time, October has been among the best, with an average gain for Apple of 3.8% over the same period. “If you’re a long-time holder and you see this as becoming a consumer staple company, these pullbacks are opportunities,” said Gene Munster, managing partner and co-founder of Deepwater Asset Management. Image While the stock has usually risen in the months ahead of the event, this year’s lead up has been troubled.

Logistics startup Flexport on Tuesday unveiled services to make it easier for small businesses to import, store and restock goods they sell on ecommerce marketplaces as its returned CEO races to regain profitability amid a broad freight downturn. Companies ranging from Shopify to Walmart have launched their own ecommerce platforms to compete with industry leader Amazon.com. Sellers who use those marketplaces get access to more customers, but often are saddled with more work since each platform has its own set of rules.

Apple Inc.’s biggest day of the year has arrived, and the company is set to unveil updated versions of its iPhone, smartwatch and AirPods. The new iPhone 15 will be a significant upgrade, especially at the high end of the lineup. Pro-branded versions of the device will feature a revamped design that switches the side material from stainless steel to titanium. The top-of-the-line model — the Pro Max — will also get a new camera that takes better telephoto pictures. Another change is less groundbreaking but may strike consumers as bigger news: Apple is switching the charging port of the iPhone from Lightning to USB-C. The last time the company made such a change, in 2012, it irked many Apple fans. In this case, the company didn’t have much choice: The European Union mandated the shift. The iPhone launch is always a critical moment for Apple: The device accounts for roughly 50% of its sales, or more than $205 billion last year. But this year is a particular high-wire act because the company is trying to reverse a sales slump and stave off concerns about a backlash in China. Seven things that are expected at the Apple event, dubbed “Wonderlust,” :

ALSO READ: Russia-China relations reached unprecedented historical level will continue to strengthen, says President Putin Putin also described legal proceedings against former US president Donald Trump as 'politically motivated persecution', added the report. "As for the persecution of Trump, for us, in the current environment, it's good because it shows the rottenness of the American system," AFP quoted Putin as saying.