China Financial News

space endeavors, Chandrayaan-3 has successfully executed a soft landing near the moon's South Pole, marking a momentous event in the country's space history. Amid the flood of emotions that have swept over the internet, Bollywood icon Shah Rukh Khan found the perfect lines from one of his songs to encapsulate this historic moment. Drawing inspiration from "Chaand Taare," a song featured in his 1997 film 'Yes Boss,' Shah Rukh Khan expressed his sentiments.

With most sectors within the travel industry finally surpassing pre-pandemic levels of activity in 2023, our focus turns to the some of the greatest beneficiaries of this upswing: a selected quartet of airline stocks expected to post earnings growth of more than 50% this year.

Investing.com — U.S. crude stocks fell by just over six million barrels last week, more than double the level forecast. But output of oil in the largest producing country hit new three-year highs, a government report showed on Wednesday, as supply-demand of the commodity remained volatile from persistent Saudi attempts to squeeze a market at a crossroads due to the sluggish economy in top importing nation China.

Narendra Modi on Wednesday proposed five points for further cooperation between BRICS countries during his remarks at a plenary session of the 15th BRICS Summit. The first area of cooperation suggested by the Prime Minister was in space. “We are already working on the BRICS satellite constellation.

ISRO releases images of the Moon taken by the Lander Horizontal Velocity Camera of Chandrayaan-3 during the descent The communication link is established between the Ch-3 Lander and MOX-ISTRAC, Bengaluru, says ISRO. With the successful landing on the moon, India has become the fourth country to master the technology of soft-landing on the lunar surface after the US, China and the erstwhile Soviet Union.

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By Rachel Savage

BERLIN (Reuters) — The volume of investment guarantees provided by the German government to companies investing in China has collapsed this year, a government document showed, highlighting the impact of Berlin's efforts to end over-reliance on the country.

Duncan MacInnes (pictured) runs the Ruffer Investment Company portfolio alongside Jasmine Yeo.

In the latest episode of Cointelegraph’s The Market Report, analyst Marcel Pechman delves into Bitcoin’s recent drop to $26,000. Derivatives market analysis shows Bitcoin (BTC) options and futures metrics lack signs of professional traders going bearish, and while that doesn’t guarantee a quick return to $29,000 support, it reduces the chances of an extended correction.

India created history on Wednesday evening as Chandrayaan-3 successfully landed on the south pole of the moon. With this landing, India joined the elite club and became only the fourth nation to touch the lunar surface — after the USA, Russia, and China. ISRO chief S Somanath on Wednesday congratulated the people of the country on the success of the Chandrayaan-3 mission and said, «Indian is on the moon». «India is on the Moon», S Somanath said as Chandrayaan-3 lander module Vikram made a safe and soft landing on the Moon. Officials at India's space agency ISRO headquarters in Bengaluru broke into applause after the Vikram began its powered vertical descent towards its landing site. Prime Minister Narendra Modi who is attending the 15th BRICS Summit in Johannesburg watched the live telecast and as soon as the touchdown happened he sported a big smile and waved the tricolour.Here are some reactions to the occasion: «Historic day for India's space sector.

Investing.com — U.S. futures traded higher Wednesday, as investors digested more corporate earnings, particularly from the retail sector, ahead of the release of numbers from chip designer Nvidia (NASDAQ:NVDA).

BRICS leaders met on Tuesday to plot the future course of the bloc of developing nations but divisions re-emerged ahead of a critical debate over a potential expansion of the group intended to boost its global clout.Heightened tensions in the wake of the Ukraine war and Beijing’s growing rivalry with the United States have pushed China and Russia — whose President Vladimir Putin will attend the meeting virtually — to seek to strengthen BRICS.They are seeking to use the Aug.

ALSO READ: Pakistan in BRICS? China pushes for expansion; India stands firm against Islamabad’s inclusion PM Modi even mentioned that India fully supports the expansion of BRICS, adding, it welcomes moving forward with the consensus on BRICS. Addressing a plenary session at the BRICS Summit in Johannesburg, PM Modi said, “India fully supports the expansion of BRICS and welcomes move to move forward on this based on consensus." “In around two decades, BRICS has undertaken a long and magnificent journey. In this journey, we made numerous achievements," he added.

A rapid tourism recovery in Japan, bolstered by the return of Chinese visitors, and the highest level of inflation in four decades are fueling a boom in hotel investment in the island nation.

Global investors have been shedding China’s blue-chip stocks during the longest stretch of outflows on record, showing even the nation’s industry leaders are falling out of favor as a rout deepens.

The XRP price has inched up by 0.2% in the past 24 hours, with its current level of $0.518577 representing a 13% decline in the last seven days.

ICICI Bank, Axis Bank, HDFC Bank and SBI even as investors shift their focus to the meeting at the summer symposium in Jackson Hole, Wyoming. Investors are anticipating clues about the future direction of interest rates as officials of the Federal Reserve, the European Central Bank, the Bank of England, and the Bank of Japan are to meet in Jackson Hole, Wyoming, later this week for their yearly conference on central banking. All eyes will be on what the US Federal Reserve Chair Jerome Powell says about inflation and interest rate trajectory on Friday.

In a recent analyst note by Mike Colonnese, CFA, the focus shifts to the recent developments in the Bitcoin (BTC) market and its implications for the future.

Twitter-themed DEX tokens seem to be making a resurgence, after BabyX token blasted-up +37,000% in a spectacular moon-shot rally that has gripped the attention of DEX traders.

Chinese tipster Digital Chat Station, the phone is rumored to provide a maximum of 24GB of RAM, a notable upgrade that could significantly enhance multitasking capabilities. As per media reports, the smartphone is likely to retain its triple camera configuration on the rear. This camera setup is anticipated to consist of a 50-megapixel wide-angle primary camera, a 50-megapixel ultra-wide camera, and a 64-megapixel camera with a periscope lens.