China Financial News
06.09 / 16:51
COST
UPS
Williams
Continental
country
Solar
Africa’s Vast Solar and Mineral Resources at Risk of Being Left Untapped, IEA Warns
Energy investment in Africa needs to more than double by the end of the decade if the continent is to meet its energy and climate goals. However, high costs are putting off much-needed investment in the region’s plentiful clean-energy resources and huge reserves of critical minerals, the International Energy Agency said. “African countries have huge energy potential, including a spectacular range and quality of renewable-energy resources," said Fatih Birol, executive director of the Paris-based agency in a report published jointly with the African Development Bank on Wednesday.
06.09 / 16:49
awards
Indian
Indian men's table tennis team clinch bronze medal finish in Asian Table Tennis Championships
bronze medal finish at the Asian Table Tennis Championships 2023 after falling short in their semi-final clash against Chinese Taipei in Pyeongchang, the Republic of Korea, on Wednesday. The Indian men's table tennis team comprising a mix of experienced as well as youth talent of Sharath Kamal, Harmeet Desai and Sathiyan Gnanasekaran lost 0-3 in the final four. The two losing semi-finalists are awarded bronze medals at the competition.
06.09 / 16:29
06.09 / 16:15
inflation
Interest rates
interest rate
Bank of Canada
Bank of Canada interest rate
Bank of Canada rate
open
Bank of Canada holds key rate but leaves door open to future hikes
The Bank of Canada hit pause on its interest rate hiking cycle on Wednesday, leaving its policy rate unchanged at 5.0 per cent.
06.09 / 16:11
Lowe's
Action
Remark
NIFTY
show
Ahead of the Market: 10 things that will decide D-Street action on Thursday
The Nifty advanced 36 points to end at 19,611.05. Meanwhile, Nifty Bank ended in the red, and broader markets underperformed their headline peers after several days of gains.Here's how analysts are interpreting the market sentiment: «A spike in crude oil prices sent shockwaves across the globe, rekindling concerns about inflation and sparking fears of a Fed rate hike.
06.09 / 15:39
UPS
Reuters
Cooper
Volkswagen
Mobile
Audi
Cooperation
China's 'father of EVs' urges cooperation to scale up
MUNICH (Reuters) -China's industrial policy adviser and 'father of EVs' Wan Gang said efficient batteries, better EV architectures and intelligent driving systems were key to scaling up EVs, calling for international collaboration on research and standards.
06.09 / 15:39
COST
UPS
Reuters
Volkswagen
Racing
show
China's Xpeng says German carmakers ready to tackle crisis in EV race
MUNICH (Reuters) — German carmakers are determined to tackle the problems they face in producing competitive electric vehicles, an executive at Chinese EV maker Xpeng (NYSE:XPEV) said on Wednesday, as China's carmakers put pressure on European rivals in the race to electrify.
06.09 / 14:51
Reuters
Cooper
Fighting
US to approach ICC to discuss allegations of war crimes against Vladimir Putin
Vladimir Putin. In March 2023, the International Criminal Court had issued an arrest warrant against Vladimir Putin accusing him of the war crime of illegally deporting hundreds of children from Ukraine. Russia has repeatedly denied its forces have engaged in war crimes, or forcibly taken Ukrainian children.
06.09 / 14:23
Blockchain
UPS
Ethereum
Platform
Action
shootings
Is It Too Late to Buy NEO? NEO Price Blasts Up 7% and Crypto Startup Launchpad Raises $1.6 Million – Fundraise Ends Today
Leading Chinese layer-1 smart contracts blockchain NEO has blasted up +7% following Flamingo Finance's cross-chain integration with Ethereum and Ontology.
06.09 / 14:21
COST
UPS
Lowe's
CME
Low
week
Gold at one-week low as firm dollar, yields dominate mood
Gold languished near one-week lows on Wednesday on strength in the dollar and Treasury yields, driven by expectations for U.S. interest rates to stay elevated for longer and worries about China's economy. Spot gold was flat at $1,926.30 per ounce by 1209 GMT, after hitting its lowest since Aug. 29 earlier in the session.
06.09 / 14:19
06.09 / 13:49
UPS
Citi
Man
country
Interpol at 100: A mixed legacy of hunting fugitives and merging police data from 195 countries
police data from authoritarian states and democracies, and a global adviser on how to handle criminal trends. Secretary-General Jurgen Stock, a German who took office in 2014, has said he believes all police officers ultimately have the same goal: stopping criminals. The challenge, he said in an interview with The Associated Press, is that Interpol brings 195 very different countries into a network of databases of crimes and wanted fugitives. Interpol has no police force of its own, no weapons stockpile, and certainly no fleet of helicopters to swoop in and pluck criminals off rooftops.
06.09 / 13:47
06.09 / 13:47
06.09 / 12:55
DOW
Airlines
COMPOSITE
CME
open
economic data
Wall St eyes lower open on renewed inflation worries, economic data in focus
By Shristi Achar A and Amruta Khandekar
06.09 / 12:55
UPS
Citi
Provident
Tencent
country
services
Futures inch lower, U.S. services data looms - what's moving markets
Investing.com -- U.S. stock futures decline as investors gauge the outlook for Federal Reserve monetary policy and digest extended supply cuts by major oil producers Saudi Arabia and Russia. Elsewhere, new data later in the session on Wednesday will provide a look into the state of the key U.S. services sector, while China's Tencent prepares to unveil a new AI chatbot.
06.09 / 12:55
UPS
Reuters
Manufacturing
Apple
Software
WSJ
China bans government officials from using iPhones for work - WSJ
(Reuters) — China ordered officials at central government agencies not to use Apple (NASDAQ:AAPL)'s iPhones and other foreign-branded devices for work or bring them into the office, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
06.09 / 12:55
Target
Waters
Gap
Remark
stage
country
Sugar, Rice Test Critical Levels: What's Next for Food Commodities?
Weather remains a pivotal factor influencing the price dynamics of various agricultural commodities across the globe. This holds true for three major food commodities: cocoa, sugar, and rice, all of which have witnessed a substantial uptick in prices in recent weeks.
06.09 / 12:01
COST
UPS
Highways
Southern
country
Explainer
Mint Explainer: Is Thailand’s proposed Kra Canal a strategic game changer
The proposed Thai Canal, often referred to as the Kra Canal, has been a subject of considerable discussion and analysis due to its potential impact on global trade routes. If realized, this canal would offer an alternative to the Straits of Malacca, a critical maritime passageway that currently serves as a conduit for a significant portion of global trade. China, which heavily relies on the Malacca Straits for its maritime trade, has shown considerable interest in the project.
06.09 / 11:59
Digital
Amazon
Microsoft
Platform
Apple
ByteDance
European Commission
EU lists Alphabet, Amazon, Meta and three other tech giants as 'gatekeepers' under strict competition rules
The European Commission on Wednesday said it designated six tech giants as «gatekeepers» under its new Digital Markets Act — a strict set of rules that could shake up the business models of large digital platforms.
06.09 / 11:23
UPS
Strategy
tenor
Dollar remains strong but euro gains amid rate hike signal
European stocks fell amid weak German data and elevated oil prices that reignited concerns over inflation.
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