China Financial News
21.08 / 14:57
Waters
CEO
Mobile
Chase
Celanese
electronic
stake
DuPont to sell majority stake in $1.8 billion Delrin resins unit
(Reuters) -Industrial materials maker DuPont (NYSE:DD) De Nemours said on Monday it has agreed to sell an 80.1% stake in its Delrin resins unit to private equity firm TJC, formerly known as The Jordan Company, in a deal that values the business at about $1.8 billion.
21.08 / 14:55
UPS
Target
SAP
MSCI
show
country
Summer of angst as bond yields surge and global stocks wobble
(Reuters) — Cracks are forming in a global stocks rally, with surging bond yields, rising energy prices and intensified worries over China’s economy among the factors sapping investors’ risk appetite following months of gains in equity markets.
21.08 / 14:55
Lowe's
Target
NYSE
Action
Strategy
COMPOSITE
Rescue
Time
500
S&P 500 Correction: Will Jerome Powell Come to the Rescue This Time?
The combination of headwinds preying on the US stock market is screaming ‘correction’ so loudly that, interestingly, the only factor weighing against such a move from occurring might be the very fact that markets frequently defy expectations when a situation seems overly apparent.
21.08 / 14:19
COST
performer
country
German central bank sees the economy stagnating again in the 3rd quarter
Germany’s central bank anticipates that the country’s economy, Europe’s biggest, will be more or less stagnant again in the current quarter
21.08 / 13:55
COST
RIG
ICE
show
Oil prices
Oil prices climb; China cuts rates while supplies remain tight
Investing.com — Oil prices rose Monday, helped by another rate cut from China, the world’s largest crude importer, as well as the prospect of tighter supplies.
21.08 / 13:07
Provident
Limelight
country
social
boost
recovery
Silver
Can Chinese economic recovery boost silver prices?
Silver prices fell significantly in recent weeks, dragged down by concerns over Chinese demand, a strong recovery in US yields, and a firmer dollar. In the benchmark London Spot market, prices corrected more than 12% in the last one month while losses were limited to 9% in domestic futures due to a weak Indian rupee. Silver returned to the limelight in May when prices surged to near one-year high.
21.08 / 13:01
UPS
Target
Fitch
Morningstar
FPIs' investment value gains 20% to $626 billion in June quarter
equity market capitalisation marginally to 17.33% for the quarter under review from 17.27% for the March quarter. After pulling out funds to the tune of $3.2 billion from the Indian equities in the March quarter, FPIs took a sharp U-turn in the three months ended June and made a strong comeback with a net investment of $12.5 billion, the report said. "The flows were largely driven by the prospects of interest-rate direction in the US, how the global inflation numbers were shaping up, and China's economic woes, along with domestic indicators.
21.08 / 13:01
MET
Remark
country
BRICS Summit: Will PM Modi meet China's Xi Jinping in South Africa. What we know
Narendra Modi on the sidelines of the 15th BRICS Summit in South Africa, Foreign Secretary Vinay Kwatra has said that the Prime Minister's schedule is still being developed. Ahead of Prime Minister Narendra Modi's visit to South Africa and Greece, Kwatra, in a special press briefing said, "As I mentioned in my remarks, the host country South Africa has invited a large number of guest countries, besides of course the BRICS members who would be present there." "The Prime Minister's schedule in terms of bilateral meetings with those leaders who would be present in South Africa is still being developed," Kwatra said.
21.08 / 12:51
Target
Microsoft
NVIDIA
SVB
VIX
Bull run
week
Stocks Week Ahead: Is the US Stock Market's Bull Run Finally Over?
Stocks declined for the third consecutive week. The outlook for stocks might further deteriorate since any remaining supportive flows from options expiration (OPEX) have been exhausted. According to GammaLab, the S&P 500 remains within a negative gamma regime, indicating that dealers will sell during declines and buy during periods of strength. However, of greater significance, this implies that volatility will likely remain heightened, thereby sustaining an elevated VIX.
21.08 / 12:51
UPS
NASDAQ
DOW
NVIDIA
country
Futures rise with Jackson Hole ahead, Zoom to report - what's moving markets
Investing.com -- Stock futures inch into the green, hinting at an early rebound for equities following a losing week on Wall Street. Video conferencing group Zoom is due to report its latest quarterly earnings on Monday, while semiconductor giant Nvidia is on deck to unveil results on Wednesday. Elsewhere, China rolls out a new lending rate cut, but policymakers still face calls to do more to support the country's sputtering economic recovery.
21.08 / 12:51
UPS
Provident
Patterson
show
country
Oil prices
Oil up 1% on tighter supplies and heating oil prices
By Natalie Grover
21.08 / 12:51
21.08 / 12:51
21.08 / 12:51
Manufacturing
Platform
HSBC
Tesla
NVIDIA
fall
Palo Alto, Tesla, Nvidia rise premarket; Napco, Nikola fall
Investing.com — U.S. futures traded higher Monday, starting a new week on a positive note as investors await news from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium.
21.08 / 12:51
21.08 / 12:27
UPS
Fitch
Morningstar
performer
Indian
FPIs' investment value in Indian equities gains 20% to $626 billion in Q1
Morningstar report. This could be attributed to good performance in the domestic equity markets as well as strong net inflows from foreign portfolio investors (FPIs). According to the report, the value of FPIs' investments in Indian equities rose from USD 523 billion as of June 2022 to USD 626 billion at the end of June 2023.
21.08 / 12:21
21.08 / 11:25
Enterprise
NIFTY
SENSEX
Reliance Industries
jio financial
jio financial services
Power
services
Financial
Top gainers, losers today: Power Grid, Bajaj Finance, Jio Financial Services, Reliance Industries; check full list
lending rate by 10 basis points. However, it surprised analysts by keeping the five-year rate unchanged. Analysts expected both rates to go down by 15 basis points (bps) as China, the world's second-largest economy, is facing problems like falling property prices, less spending, and decreasing credit growth.
21.08 / 11:19
UPS
Compilation
CBOE
MSCI
country
Latin
Looking to take risks? EMs may be a step too far
August is turning out to be chaos for emerging markets.
21.08 / 11:13
BTC
Target
Reuters
Digital
Action
Bitcoin
country
Bitcoin Price Prediction: Dollar Instability, De-Dollarization Effects, China's Concerns
The BTC/USD is currently experiencing a decline of 0.25%, with its trading price at $26,025. Amidst the backdrop of dollar instability, there arise significant challenges to the ongoing efforts of de-dollarization, ultimately posing potential ramifications for Bitcoin's prices.
21.08 / 11:12
Metaverse
China Wants To Implement Social Credit System With Digital IDs In The Metaverse
A new report suggests that China is pushing proposals aiming to transplant its traditional social credit system to the metaverse as it seeks to establish greater control.
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