China Financial News

Investing.com — U.S. stocks were rising after labor market data that suggested the Federal Reserve could hold off on another interest rate increase when it meets on policy next month.

By Xie Yu

By Liangping Gao and Clare Jim

Nvidia's shares surged last month, boosted by its quarterly revenue forecast, which exceeded analyst expectations as the artificial intelligence boom fuels demand for its chips. Also, an announcement of a $25 billion share buyback lifted its shares.

The United States Department of Commerce said on Aug. 31 that the Biden administration has “not blocked chip sales to the Middle East,” according to a report from Reuters. 

Japan’s government is imposing sanctions against three groups and four individuals for supporting North Korea’s missile and nuclear development program

The renminbi has continued to slide against the dollar throughout the year as the country’s expected economic recover has been weaker than first forecast.

Premier Miton closed its European Equity Income fund on 29 June 2023.

Narendra Modi, was lying about China's acquisition of the Indian territory. “I spent a week in Ladakh. I went to Pangong Lake right in front of where the Chinese were.

SHANGHAI (Reuters) -Tesla on Friday unveiled a restyled, made-in-China Model 3 with a longer driving range, the first time the automaker has launched a new model in China ahead of the United States.

By Ziyi Tang, Clare Jim and Xie Yu

By Natalie Grover

Investing.com -- The Labor Department's closely-watched monthly jobs report is set to headline the economic calendar on Friday, with the data likely to factor into the Federal Reserve's future interest rate decisions. Meanwhile, a private survey shows that China's factory activity surprisingly expanded in August, as Beijing rolls out fresh measures to help reinvigorate the country's stuttering economy.

Markets settled into a holding patterns ahead of Friday’s key US jobs data, with European stocks and American equity-index futures edging higher, Treasury yields flat and a gauge of the dollar steady.

The Federal Reserve may very well be done hiking rates for now, but US stocks still face a pullback from the risk of a hard economic landing, according to Bank of America Corp. strategists.

Lavrov said on Friday. Lavrov, who has served as President Vladimir Putin's foreign minister since 2004, is due to represent Russia at the Sept. 9-10 meeting of the Group of 20 leading industrialised and developing countries in New Delhi. Putin is not known to have travelled abroad since the International Criminal Court issued an arrest warrant for him in March on suspicion of war crimes in Ukraine. «There will be no general declaration on behalf of all members if our position is not reflected,» Lavrov told students at the prestigious Moscow State Institute of International Relations. The Kremlin casts the Ukraine war, which began when Russia invaded in February 2022, as an existential battle with an arrogant West that Putin says wants to dismantle Russia and take control of its vast natural resources. The West denies any such intentions but says it wants Ukraine to defeat Russia on the battlefield and has imposed several rounds of sweeping economic sanctions in response to the invasion, which Russia calls a «special military operation». Other leading powers such as China, India and Brazil have called for peace but also reserved the right to determine their own relationship with Moscow.

People’s courts in China exercise judicial power independently and are not subject to interference by an administrative or public organization. These courts try criminal, civil, administrative, and cases that involve economic disputes.

New Delhi: India’s beauty and personal care market is projected to touch $30 billion by 2027, accounting for about 5% of the global market, according to a report launched by Redseer Strategy Consultants along with Peak XV. The beauty market in India is currently under-penetrated, on a per capita basis spends on beauty and personal care stand at $14 in the country compared to $313 in the US and $38 in China. Meanwhile, the report projects that online commerce will become a “significant channel" for the beauty and personal care industry.

Huawei and Alibaba for approvals related to models that can be used to manipulate visual and audio data. The firms, according to a list published on Friday by the Cyberspace Administration of China (CAC), are seeking the approvals to comply with rules set out in December by the CAC that govern the use of deepfake technology.

Huawei Technologies has triggered an international guessing game over what is inside it. The company, which has been heavily targeted by U.S. government restrictions, began selling its latest Mate 60 Pro for 6,999 yuan ($964) online on Tuesday, raising eyebrows over its decision not to do any prior advertising and prompting widespread speculation over whether it could be 5G capable.

NEW DELHI/SYDNEY : Indian billionaire Mukesh Ambani's Reliance Retail Ventures is in advanced talks with global investors to raise around $2.5 billion by the end of September, ahead of a potential stock market listing, people familiar with the matter told Reuters. Three sources said the target fund raise of $2.5 billion is part of a combined $3.5 billion target the firm has set for itself, a part of which - $1 billion - came from Qatar Investment Authority (QIA) and was announced last month.