China Financial News
25.07 / 13:55
business
Twitter
Financial Services
elon
Financial
Elon Musk says X will offer an 'entire financial world' in the coming months
Elon Musk posted an update for users with more information on the rebranding of Twitter to X saying it is part of a larger plan to incorporate financial services on the platform.
25.07 / 13:31
Reuters
Manufacturing
Platform
Fighting
TikTok
country
ecommerce
TikTok to launch ecommerce platform in US to sell China-made goods: report
TikTok is planning to launch in early August an e-commerce platform to sell China-made goods in the United States, the Wall Street Journal reported on Tuesday, citing people familiar with the plan. The short-video app is seeking to replicate the American success of Chinese shopping platforms Shein and Temu and will be responsible for the storage and shipping of items on behalf of manufacturers and merchants in China, the report said.
25.07 / 12:47
UPS
Man
show
patient
World's youngest Alzheimer's patient is just 19!
The condition stays hidden and creeps up in people once they reach a certain age bracket. It is commonly seen in older adults who are above the age of 65. However, in some cases, the disease even showed up in people in their 30s and 40s.
25.07 / 12:47
COST
Lowe's
Progressive
show
country
2020
India could face third highest economic burden of COPD from 2020-50: Lancet Study
Lancet Global Health journal said. The third leading cause of death worldwide, COPD caused 3.3 million deaths in 2019, it said, with China recording the highest toll, followed by India and the USA.
25.07 / 12:25
25.07 / 12:13
UPS
MET
country
foreign
Speculation
China replaces foreign minister Qin Gang with Wang Yi after brief stint and weeks of speculation
China removed Foreign Minister Qin Gang from his post on Tuesday after a one-month absence from public duties, replacing him with his predecessor Wang Yi, state media said, after weeks of speculation about what had happened to him. Qin, 57, who only took up the job in December after a brief stint as envoy to the United States, had not been seen in public since June 25 when he met visiting diplomats in Beijing.
25.07 / 11:59
UPS
Lowe's
Pool
Chase
NIFTY
show
We are in a bull market where 19-20x peak will sustain as long as earnings growth continues: Vinod Karki
Vinod Karki, Equity Strategist, ICICI Securities, says around 19-20 PE will sustain in this environment of growth and the way the overall interest rate environment is moving. This will be the peak of market valuation.
25.07 / 11:29
UPS
Manufacturing
CEO
show
performer
Latin
Randstad flags tougher job market, earnings beat forecasts
By Olivier Sorgho
25.07 / 11:19
UPS
Provident
Digital
NIFTY
SENSEX
Top gainers, losers today: JSW Steel, Tata Steel, ITC, Asian Paints among most active stock
BSE Sensex fell 0.04% to 66,355.71, while the Nifty 50 index finished 0.04% higher at 19,680.60. With the metal index up 2.94% and the auto index up 0.95%, seven of the 13 major sectoral indexes saw advances. The world's largest producer and consumers of metals, China, announced measures to further assist its post-COVID economic recovery, which coincided with the surge in metal prices.
25.07 / 11:19
MET
Remark
country
nsa
LAC situation ‘eroded strategic trust’: NSA Ajit Doval tells China's Wang Yi
Brics (Brazil-Russia-India-China-South Africa) grouping in Johannesburg late on Monday, Doval conveyed India’s position, reported Hindustan Times. The meeting between Doval and Wang came a little more than 10 days after external affairs minister S Jaishankar met Wang on the sidelines of Asean-related meetings in Jakarta on 14 July. Both discussed the border row, which has taken India-China relations to their lowest point in six decades.
25.07 / 11:03
25.07 / 10:21
BWF
Kidambi Srikanth, HS Prannoy enter pre-quarters; Aakarshi Kashyap knocked out
Kidambi Srikanth and HS Prannoy entered the pre-quarterfinals of the men's singles competition in the BWF Japan Open but it was curtains for Aakarshi Kashyap, who ran into Akane Yamaguchi in her very first outing, here on Tuesday. The tournament is taking place at the Yoyogi National Gymnasium.
25.07 / 10:15
UPS
Amazon
Microsoft
DOW
Platform
Meta Platforms
Microsoft and Alphabet earnings, Fed decision ahead - what's moving markets
Investing.com — Microsoft and Alphabet are scheduled to unveil their quarterly earnings, with the results likely to set the tone for upcoming numbers from other tech sector titans. Meanwhile, the Federal Reserve gears up to start a highly-anticipated policy meeting and China's government vows to roll out measures to reignite the country's flagging economic recovery.
25.07 / 10:12
Provident
VISA
Mobile
Discover
show
How flight mode on mobile helped Hyderabad Police to uncover Rs 712 crore Chinese scam
Prakash's troubles began when he was apprehended by the police at an airport, carrying two phones. His Chinese and Dubai associates noticed that he was unresponsive to their messages and grew suspicious that he might be in the custody of security agencies.
25.07 / 10:11
Twitter
PayPal
CEO
Tesla
XCOM
social
blues
elon
Rebranding Twitter to ‘X’: Is it a step towards Elon Musk's everything app?
Elon Musk has rebranded Twitter to 'X,' replacing the iconic blue bird logo. Twitter CEO Linda Yaccarino confirms the change, stating that 'X' will build on Twitter's impact and transform global communication further. Even though it seems like a new development, it is probably not! Elon Musk had hinted about it during the $44 billion takeover bid.
25.07 / 09:59
UPS
NASDAQ
Bayer
RIO
Awaiting the Fed: traders cautious ahead of rate decision
European stocks were muted on Tuesday as traders geared up for earnings from some of the world’s biggest corporations and key central bank rate decisions this week.
25.07 / 09:45
COST
UPS
MET
show
track
It has been a more challenging year than expected but H2 will be much better than H1, says Tata Steel MD TV Narendran
TV Narendran, MD, Tata Steel, says in Europe high energy prices have impacted a lot of the mid-sized and smaller companies and many of them may be vendors, many of them customers and they are a bit fragile and that has an impact on steel consumption as well. Inflation is still persistent and so central banks are increasing rates.
25.07 / 09:29
COST
UPS
UBS
Pilbara Minerals boss hits out at lithium market jitters
Market reactions in the ASX lithium sector are often disproportionate responses to a small piece of market pricing, says Pilbara Minerals boss Dale Henderson.
25.07 / 07:35
Target
COMPOSITE
country
Chinese property stocks rally on stimulus promises
Investing.com — Chinese property stocks rebounded sharply from recent losses on Tuesday, aided chiefly by promises of more economic support for the ailing sector from top policymakers.
25.07 / 07:35
FIVE
Sri Lanka aims to complete free trade talks with Thailand by February
COLOMBO (Reuters) — Sri Lanka plans to complete free trade talks with Thailand by February and sign an agreement in March, Sri Lanka's cabinet spokesperson said on Tuesday, as part of an effort to expand trade as it emerges from economic turmoil.
25.07 / 07:35
Lowe's
Digital
show
Remy Cointreau confident on H2 rebound after weak start to year
PARIS (Reuters) -French spirits group Remy Cointreau on Tuesday reported a fall in first-quarter organic sales, reflecting weaker U.S. demand, high year-ago comparables and destocking, and said it was banking on a sharp rebound in sales in the U.S. from the third quarter.
what's happening in China
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