China Financial News
14.08 / 04:27
14.08 / 04:27
Provident
show
country
Oil prices
Oil prices slip as rising inflation boosts dollar, China fears weigh
Investing.com-- Oil prices fell slightly on Monday, coming under pressure from a stronger dollar amid signs of resurgent U.S. inflation, while concerns over slowing Chinese growth also dented sentiment.
14.08 / 04:27
UPS
Provident
COMPOSITE
show
country
Asian stocks
Asian stocks slammed by China woes, higher U.S. inflation
Investing.com-- Most Asian stocks sank on Monday, with Chinese indexes leading losses on persistent concerns over slowing economic growth, while stronger U.S. inflation readings also pushed up fears of a more hawkish Federal Reserve.
14.08 / 04:13
IPO
Provident
AXY
NOT
TVS Supply Chain IPO: Bidding ends today. GMP, subscription status, apply or not?
TVS Supply Chain IPO: The initial public offering (IPO) of TVS Supply Chain Solutions Limited opened for bidders on 10th August 2023 and it will remain open for bidding till 14th August 2023. This means, TVS Supply Chain IPO subscription is going to end today. After two days of bidding, the public issue worth ₹880 crore has sailed through as the issue has been fully subscribed despite weak stock market sentiments on Dalal Street.
14.08 / 03:29
MET
country
Eastern Ladakh row: 19th round of India-China talks to begin at 9.30 am today
Corps Commander-level talks today, Monday, August 14. The talks will start at 9.30 am at the Chushul border meeting point in Eastern Ladakh today. The two countries have been in a military standoff for the last three years since May 2020.
14.08 / 03:29
Strategy
Vodafone
Q1 results today: ITC, Divi's Labs to Vodafone Idea: 139 companies to declares Q1 results 2023
Q1 results today: Amid weakness at Indian stock market due to weal global market sentiments on US China tension, stock market experts are recommending stock specific strategy to both intraday trading members and positional investors. As QW1 results 2023 season is ending today, stock market investors can scan the financials of the stocks they are looking at as from now onwards, balance sheet of the company is expected to change a little as companies would be done with their Q1 results 2023 from Tuesday.
14.08 / 02:27
Provident
Reuters
CEO
Strategy
Enterprise
Tesla
performer
Drop
Discounts
elon
Tesla car price: Model Y ₹1.5 lakh cheaper now; Elon Musk's company declares discounts after sales drop in China
₹1.5 lakh) for its upper-tier Model Y variants within China. Announced via the company's official Weibo account, Tesla's adjustments bring down the prices of its Model Y Long-Range and Performance versions to 299,900 yuan ( ₹34 lakh) and 349,900 yuan ( ₹40 lakh) respectively, Bloomberg reported. The Model Y is a pivotal component of Tesla's vehicle portfolio, sharing the spotlight alongside the popular Model 3 as the cornerstones of CEO Elon Musk's automotive enterprise.
14.08 / 02:27
Lowe's
Reuters
NIFTY
SENSEX
6 things that changed for market overnight: Gift Nifty, FII selling to global market cues for Sensex today
Indian stock market is expected to open lower on Monday following weak global cues and is likely to consolidate further. Benign domestic macroeconomic data and outflow of foreign capital is likely to weigh on markets. Investors may react to June factory output growth slipping to a 3-month low, while trade cautiously ahead of other key economic data releases in this holiday-truncated week, including wholesale price index (WPI) and July retail inflation data, exports and imports numbers and forex reserves data.
14.08 / 02:27
Target
Booking
NIFTY
SENSEX
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 14th August
Buy or sell stocks for today: Following weak global cues on US China tension, Indian stock market ended lower for second straight session. NSE Nifty finished 114 points lower at 19,428 levels, BSE Sensex ended 365 points down at 65,322 mark whereas Bank Nifty index corrected 342 points and closed at 44,199 levels.
13.08 / 20:01
UPS
Target
Manufacturing
Chase
Edison
track
Life-Space co-founder chases $20m for pet-tech start-up
Craig Silbery is turning to man’s best friend for his next venture. The entrepreneur made his money selling probiotic manufacturer Life-Space group to Chinese health supplements giant By-Health for $700 million in 2018, pocketing about $140 million in the process.
13.08 / 19:43
UPS
Cooper
country
rock
Power
Nepal PM likely to sign power pact with China during Sept trip
Prachanda's China visit in September could result in a power trading agreement on the lines of the Himalayan nation's cross-border power trading agreement with India, signalling a balancing act by the former Maoist leader. Nepal wants to develop a cross-border transmission line with China via the border district of Rasuwa, which is expected to be signed during Prachanda's visit, according to Kathmandu-based sources. Nepal also wants to learn best practices in agriculture from China while simultaneously engaging with India in the same sector, according to one of sources quoted above.
13.08 / 19:27
Enterprise
country
foreign
Foreign investment
China's State Council issues norms to attract foreign investment...
China's State Council issued guidelines on Sunday that it said would further optimize the country's foreign investment environment and attract more foreign investment. The State Council said in a document containing 24 guidelines that authorities should increase protection of the rights and interests of foreign investors, including strengthening enforcement of intellectual property rights.
13.08 / 19:27
UPS
Target
Manufacturing
show
track
Economic woes deepen with housing market slump
China's economy is showing little sign of a rebound, with fresh stress in the property market and deflation threatening the growth outlook. Official data on Tuesday will likely show modest gains in industrial output, retail sales and fixed-assets investment in July from a year ago, although growth rates are still well below pre-pandemic levels. Real estate investment probably shrank further, with confidence shaken by a possible default by a major developer and housing sales continuing to fall as well.
13.08 / 18:43
Citi
Citizens
Two terrorists killed by Pakistan forces after attack on Chinese convoy in Gwadar
terrorists were killed by Pakistani security forces on Sunday when they attacked a military convoy carrying Chinese workers in the port city of Gwadar in the restive Balochistan province, officials said. Gwadar is one of the focal points of the multi-billion China-Pakistan Economic Corridor with many Chinese workers working at the port.
13.08 / 18:13
Citi
IPO
AXY
Strategy
country
India’s appeal as alternative to China rises: Citi’s Khullar
MUMBAI : In a strategic shift, Citi India sold its retail business to Axis Bank and is now focussed on its institutional business and global capability centres (GCCs). By the end of this year, the bank’s GCCs that go beyond just being a back office to its global operations will employ around 30,000 people. In an interview, Citi India chief executive officer Ashu Khullar emphasized that while India is not the only option to counter the world’s dependence on China, it is a credible option, and the bank is seeing growing interest among clients to invest.
13.08 / 18:13
National
Support
Bipartisan support in US for closer India ties for America’s national security, to confront China: Shri Thanedar
PTI. In an interview with PTI, Thanedar said that there is a general view in the US Congress that Washington's relationship with New Delhi is very important for the national security of the US. In the US, there is bipartisan support for closer ties with India and it was evident from the warm welcome showered on Prime Minister Modi by both Democrats and Republicans during his address to the joint session of the US Congress on June 23, the report said citing the US Congressman.
13.08 / 17:31
13.08 / 16:17
film
Actor
Celebrity
show
star
audience
Oppenheimer Box Office record: Highest grossing film in 97-YO TCL Chinese Theatre's history
magnum opus Oppenheimer has broken a new record at the US box office. Oppenheimer has broken the record held by Star Wars: The Force Awakens (2015) at Los Angeles’ iconic TCL Chinese Theatre. Here are the details.
13.08 / 16:13
COST
UPS
Provident
Fox
Manufacturing
country
US manufacturing sector reaping benefits of reshoring
FOX Business’ Lydia Hu discusses the Reshoring Initiatives efforts to encourage companies to return manufacturing to the U.S.
13.08 / 15:55
Target
Manufacturing
Walmart
Nordstrom
Lowe’s
show
week
Top 5 things to watch in markets in the week ahead
Investing.com — Wednesday’s minutes of the Federal Reserve’s July meeting will be closely watched as investors look for guidance on the near-term path of interest rates. Retail sales data and retail earnings will give insights into the health of consumer spending while data out of China is expected to underline concerns over the faltering recovery in the world’s number two economy. Here’s what you need to know to start your week.
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