China Financial News
10.08 / 13:11
Provident
Reuters
Manufacturing
show
inflation data
Oil steadies ahead of US inflation data
By Natalie Grover
10.08 / 13:09
UPS
FIVE
Fighting
Assurant
Indian
More inflation fighting steps underway; Indian economy better placed than China, West: FM
₹70 a kilo, the minister said. "In the case of these essential commodities, we are taking enough steps but more will also be taken because we are conscious that people need essentials at an affordable price," the minister assured.
10.08 / 13:09
UPS
CEO
Huawei
blues
Honor teases new product launch in India with a promise of innovation
Indian market, promising a "new era of innovation." The company has officially confirmed it through a post on X (formerly known as Twitter), hinting at an imminent update. “‘Hello’ to a new era of innovation. Stay tuned for more updates," Honor Tech writes in the tweet.
10.08 / 13:01
10.08 / 12:45
Provident
Disney
Entertainment
Tapestry
film
performer
fall
Disney, Capri, Sonos, Wynn Resorts rise premarket; Tapestry, Penn fall
Investing.com — U.S. futures rose Thursday, with investors awaiting a key inflation release which could provide clues towards future Federal Reserve interest rate decisions.
10.08 / 12:45
10.08 / 12:45
UPS
Provident
Airlines
Cathay
cover
Cathay announces plans to buy 32 new single-aisle Airbus aircraft
(Reuters) -Hong Kong's Cathay Pacific Airways (OTC:CPCAY) on Thursday said it intends to purchase up to 32 Airbus A321neo and A320neo aircraft to invest and upgrade its fleet, bringing the carrier's new aircraft deliveries to up to more than 70.
10.08 / 12:41
10.08 / 12:33
Target
country
U.S. Bans Investments In Chinese Tech Sector; Move Likely To Further Fuel Tensions | In Focus
U.S. has decided to ban new investments in Chinese...
10.08 / 11:57
MET
Action
Remark
country
BJP MP recalls '2008 Beijing Olympics' incident, says Sonia, Rahul Gandhi should be 'tried for treason'. Here's why
Narendra Modi is scheduled to reply to questions in relation to the no confidence motion brought against his government with regards to the Manipur crisis in the Lok Sabha by Opposition MP from Assam and Congress leader Gaurav Gogoi. Rathore during his speech in the Lok Sabha alleged that during the 2008 Beijing Olympics, where he was present, Sonia Gandhi and Rahul Gandhi were supposed to meet the athletes. The BJP politician furtjer alleged that the Gandhi duo did not meet them and instead ‘met the Communist Party of China’.
10.08 / 11:53
10.08 / 11:53
UPS
Citi
Lowe's
Manufacturing
NVIDIA
Buy weakness in Nvidia stock - Citi
Nvidia (NASDAQ:NVDA) shares closed 4.7% lower yesterday to hit a 4-week low.
10.08 / 11:53
COST
UPS
Disney
Entertainment
country
U.S. inflation looms, Disney's TV plans - what's moving markets
Investing.com — Investors are gearing up for the release of key U.S. inflation data that could factor into future policy decisions taken by the Federal Reserve. Disney shares move higher premarket after the entertainment giant announces price hikes on its streaming platform, but boss Bob Iger says the company is considering options for its flagging TV business. Elsewhere, China expresses «serious concern» over a U.S. ban on some investments in the country's tech sector, hinting at a potential retaliation.
10.08 / 11:53
Platform
show
performer
Alibaba income beats estimates amid "strong business momentum"
Investing.com — Alibaba (NYSE:BABA) has posted first-quarter adjusted core income that topped analyst estimates, as the Chinese e-commerce giant was boosted by strong consumer spending during a major shopping event in China in June.
10.08 / 11:33
UPS
FIVE
Actor
country
NewsClick: ED probes Prakash Karat-billionaire Singham email exchanges, funds transfer to journalists
Neville Roy Singham and senior CPI(M) leader Prakash Karat are under the scanner of the ED as part of its money laundering probe against news portal NewsClick which is alleged to have received dubious funds from the businessman to spread Chinese propaganda, official sources said on Thursday. The federal financial investigation agency is also probing the alleged transfer of funds of about Rs 40 lakh from NewsClick to the family members of activist Teesta Setalvad, transfer of about Rs 72 lakh to journalist and author Paranjoy Guha Thakurta, some employees of NewsClick and few independent media persons over a period of time.
10.08 / 11:07
COST
Provident
Samvardhana Motherson Q1 Results: Cons PAT soars 4-fold YoY to Rs 601 crore
Samvardhana Motherson International on Thursday reported robust numbers for the June quarter, as consolidated net profit surged over four-fold year-on-year (YoY) to Rs 601 crore. Consolidated revenue from operations increased 27% YoY to Rs 22,462.20 crore. The operating profit, calculated as earnings before interest, taxes, depreciation and amortisation (EBITDA), soared 69% on year to Rs 1,940 crore, driven by operating efficiency, and softening of material and energy prices.
10.08 / 10:55
Target
Action
Fighting
Parke
EOS
country
US venture capitalists gain greater access to China
US investors who spent years fighting strict limits on their ability to invest in China scored a victory Wednesday when President Joe Biden released an order imposing only light curbs on the flow of money to the world’s second-largest economy.
10.08 / 10:55
Action
Citigroup
show
country
inflation data
Eyes on US inflation data, commodity prices rise
Global stocks climbed while Treasuries traded flat as investors awaited US inflation data for cues on the Federal Reserve’s next steps. European gas prices advanced on concern about potential industrial action in Australia.
10.08 / 10:51
Technology
US
Global
US to ban 'high tech' investment in China for security reasons
The US government also said it will require US firms to notify the Treasury Department of such investments in Chinese artificial intelligence and semiconductor technology.
10.08 / 10:49
AXY
NIFTY
SENSEX
Sony
track
Drag
Financials drag Sensex 307 points lower post RBI’s hawkish note on inflation
The 30-share Sensex fell 307 points to settle at 65,688, while the broader Nifty ended at 19,543. Sectors sensitive to domestic interest rates like banks and financial services stocks were among the top losers as Nifty Bank fell 0.76%.
10.08 / 10:33
COST
UPS
CEO
Platform
Cettire founder $60m richer after earnings update
Investors piled into online retailer Cettire, pushing up the stock by 12 per cent on Thursday, after founder and chief executive Dean Mintz flagged the positive momentum from 2023 has continued into the new financial year with luxury shoppers still spending.
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