China Financial News
30.08 / 02:35
Provident
Disney
Action
Airlines
Boeing
Micron
China says easing market access in response to 'uninvestible' comment from US
Raimondo said U.S. firms had told her that China had become «uninvestible.» Asked to respond to the comments Raimondo made in China, embassy spokesperson Liu Pengyu said that most of the 70,000 U.S.
30.08 / 02:07
UPS
NASDAQ
Tesla
NIFTY
VIX
GIFT Nifty up 20 points; here's what changed for market while you were sleeping
"Market is moving in a range and we expect this trend to continue given the data-packed week and monthly derivatives expiry. Further, consistent selling by FIIs and poor monsoon in the month of August raised concern among investors, thus keeping the upside limited," said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded 18 points, or 0.09 per cent, higher at 19,529, signaling that Dalal Street was headed for positive start on Wednesday.
30.08 / 01:41
business
Asia
Banks
banking
Seba Bank
services
SEBA Bank secures in-principle nod for crypto services in Hong Kong
The Hong Kong arm of crypto-friendly Swiss bank SEBA Bank has received in-principle approval from the Hong Kong Securities and Futures Commission (SFC) allowing it to deal in virtual assets.
30.08 / 01:15
UPS
SUN
Parke
show
country
electronic
Chinese Australians made to feel unwelcome by local media: study
Henry Luo was walking through a park in Sydney with his elderly father and two toddlers when a stranger approached him, kicked a fence and screamed at him about Chinese people hoovering properties in Australia.
30.08 / 01:07
China measures evoke positive vibes in battered EMs
emerging-market assets eased on Tuesday as China continued to drip-feed its stimulus measures. The month-end optimism echoed in everything from a tech-stock rally in Hong Kong to firmer iron ore prices in Singapore and a stronger South African rand. Beyond the China-themed assets however, markets were muted with currencies trading within a range and stocks paring gains.
30.08 / 01:03
UPS
Mobile
Xiaomi
show
electronic
Latin
reports
Xiaomi reports better-than-expected profit in smartphone market
Bloomberg News. However, the average estimate of Xiaomi's net income was 3.16 billion yuan. The report stated that revenue slid a less-than-projected 4% to 67.4 billion yuan, narrowing declines from previous quarters when the smartphone market slump was at its worst.
30.08 / 01:03
UPS
Target
Remark
NIFTY
SENSEX
Day trading guide for today: Six buy or sell stocks for Wednesday —August 30
Day trading guide for today: Domestic equity benchmarks Sensex and Nifty settled higher in the previous session supported by gains in select heavyweights, including HDFC Bank, Tata Steel amid positive global cues. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended with gains. European markets were trading in the green.
30.08 / 00:51
UPS
IPO
Target
NIFTY
SENSEX
Buy or sell: Vaishali Parekh recommends buying these 3 stocks today - 30 August
real estate, metals, and auto sectors. Nifty Realty, Auto, Metal, Consumer Durables ended in green with 0.63% to 1.7% gains. "Domestic indices traded in positive territory for the second consecutive day amid gains in global equities.
29.08 / 21:13
UPS
COMPOSITE
Nikkei
Fed rate hike
US stocks
Global markets update: US stocks jump after dip in job openings raise hopes of pause in Fed rate hike
Real estate stocks added 1.4%. Asia In Asian stock markets, Hong Kong’s Hang Seng Index climbed 2% at 18,484.03. China's Shanghai Composite jumped 1.2% at 3,135.89.
29.08 / 21:11
Twitter
Target
Platform
Reddit
TikTok
country
audience
network
Meta Uncovers Largest-Ever Chinese Influence Network
TikTok, Reddit, Pinterest and X, formerly Twitter. Meta said the operation, known in the security community as “Spamouflage," dated back to 2019 and was linked to individuals associated with Chinese law enforcement. Meta said the China network was pushing positive commentary about the country as well as criticism of the U.S.
29.08 / 19:39
29.08 / 19:38
country
Food & health security, Global South challenges to be in focus at G20 Summit
G20 Summit gets underway in New Delhi next week under India's presidency. The September 8-10 meeting will see more than 30 heads of delegations, including the presidents of USA, China, France, UK and Brazil, and leaders of invitee countries from Southeast Asia, South Asia and the Arab world, debate pressing global issues, according to officials. The summit is being seen as a major achievement of the Indian government under Prime Minister Narendra Modi, who is expected to hold meetings with each of the visiting leaders.
29.08 / 19:33
markets
economy
stocks
Central Bank
Bitcoin
Dollar
Chinese gov’t fires up the printer — How will it impact Bitcoin price?
News headlines have recently covered how China's struggling economy poses significant risk to global growth. Economic activity and the flow of credit in the region are weakening and analysts are not convinced that the Chinese government’s interventions are a sufficient fix for what appear to be structural problems.
29.08 / 18:55
UPS
Man
Manufacturing
Enterprise
Nano
country
mars
‘Will fly to Venus, Mars with pvt cos’
NEW DELHI : Private companies will be a major partner in India’s future space missions, including those to Mars and Venus, and India is not behind any world power, including China, in technical capability although the country needs to build scale, NITI Aayog member and defence scientist V.K. Saraswat said in an interview.
29.08 / 18:55
Target
Manufacturing
Airlines
Apple
Southern
Cathay
Cathay Pacific cargo eyes Apple, Foxconn
NEW DELHI : Cathay Pacific Airways Ltd is targeting air freight contracts from large multinationals such as Apple Inc. and Foxconn that are expanding manufacturing in India, a top official at the Hong Kong-based airline said. “We are already significant carriers for these companies through their forwarders out of the southern part of China.
29.08 / 18:35
Provident
Ford
Aware
Manufacturing
Mobile
stage
JSW may buy Ford’s shut Chennai plant
NEW DELHI : The Sajjan Jindal-led JSW Group is in advanced talks to acquire the shuttered Chennai factory of Ford Motor Co. for its planned entry into electric-vehicle (EV) space, two people aware of the matter said. “Talks started a couple of months earlier and are in an advanced stage now, and the company is speaking to both the state government and Ford," one of the persons said on condition of anonymity.
29.08 / 18:11
COST
UPS
Lowe's
Target
China banks to cut rates on mortgages and deposits in stimulus to economy
China's state banks are throwing nearly all they have at seeking to boost consumer spending, directed by policymakers who are digging deeper into their toolkit to shore up growth in the world's second-largest economy. As soon as Tuesday, China may announce that the big state-owned banks are cutting rates on the majority of the nation's 38.6 trillion yuan ($5.3 trillion) of existing mortgages, according to people familiar with the matter. The reductions will only affect loans on first homes, according to two of the people. At the same time, lenders such as Industrial & Commercial Bank of China Ltd.
29.08 / 17:45
UPS
show
country
social
song
Show Guangzhou as part of Gurgaon
China released its latest standard map of the People's Republic of China. Which is like someone putting up one's DP on social media. And, as if on cue, the Republic of India — after all, whose republic is it anyway if not the people's? — is fumious (fuming + furious in a very diplomatic way).
29.08 / 17:31
UPS
Limelight
show
China ramps up construction of bunkers, underground facilities near LAC, reveal satellite images: Report
BRICS summit in Johannesburg in South Africa. After the meet, news report said that both leaders had directed defence administration to reach a solution on the Line of Actual Control dispute between China's People's Liberation Army, and Indian Army. On a day China's new ‘standard map’ came to limelight, satellite images have revealed that Beijing has ramped up construction of reinforced personnel bunkers and underground facilities in Aksai Chin, according to a Hindustan Times report.
29.08 / 17:11
latest developments in China
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