China Financial News

10.07 / 18:15

Target MET Cooper Action Southern Cooperation US Treasury chief Yellen appeals to China for cooperation on climate and other global challenges

Treasury Secretary Janet Yellen has appealed to China not to let disagreements about trade and other irritants disrupt cooperation on climate change and other global challenges

10.07 / 18:15

UPS Target Cooper Action consequences Yellen says Washington might 'respond to unintended consequences' for China due to tech export curbs

Treasury Secretary Janet Yellen says Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to unintended consequences” as she ended a visit to Beijing aimed at reviving strained relations

10.07 / 16:45

UPS NASDAQ DOW COMPOSITE Wall Street muted as traders digest Chinese inflation, eye U.S. data

By Lawrence Delevingne and Nell Mackenzie

10.07 / 16:45

ETF Manufacturing Apple COMPOSITE NVIDIA MSCI China Strikes Back: Tech War With U.S. Set to Escalate?

China is striking back in the ongoing technology war with the United States, raising concerns in the metals industry about potential new export restrictions on 'rare earths'. These rare earth elements, which consist of 17 chemical elements found in nature, have gained immense significance in the past decade due to their vital role in the manufacturing of various technologies such as cell phones, hard disks, electric vehicles, monitors, and military equipment.

10.07 / 16:45

Lowe's Reuters Booking Manufacturing Strategy Boeing Airbus opens new assembly line for small jets in A380's shadow

By Tim Hepher

10.07 / 15:33

Twitter FIVE Reuters Booking VISA Platform US visa alert! VFS global to temporarily shut down application process on THESE dates

US embassy mentioned that visa application process- appointment booking, calls, and fee payments-- will be resumed from 15 July. US Embassy in India took to their Twitter handle, “Attention visa applicants! Our customer service center VFS is migrating to a new platform and will be temporarily closed for calls, fee payments, and appointment booking from July 12-14. These services will resume on July 15." VFS Global is the world's largest outsourcing and technology services specialist for governments and diplomatic missions.

10.07 / 15:33

COST UPS LEGO Apple NVIDIA To Drive AI, Chip Makers Stack ‘Chiplets’ Like Lego Blocks

The artificial-intelligence boom is pushing chip makers to speed up development of designs that stack chips together like high-tech Lego pieces. “Chiplets" can be an easier way to design more-powerful chips, according to industry executives who call the technology one of the most significant advances since the dawn of the integrated circuit more than 60 years ago. “A huge part of the future of semiconductors is packaging and chiplets," said IBM head of research Darío Gil in an interview.

10.07 / 15:33

COST UPS Target FIVE Digital China’s economic slump poses wider supply risks

Red flags have risen over the prospect of petrochemical over-production in China, potentially causing a global glut of polymer supply. As many as 20 petrochem projects in the country are expected to be completed this year and its share of global capacity may reach nearly a quarter, up from 14% five years ago. These new facilities will produce inputs for an array of industries, such as plastics.

10.07 / 14:25

UPS Lowe's Manufacturing Software Pool India to surpass US to become world's 2nd largest economy by 2075: Goldman Sachs

Goldman Sachs in a report on Monday said India, the fifth-largest economy, will become the second largest economy in the world by 2075 surpassing not only Japan and Germany but also the United States. According to the investment bank report the innovation and technology, higher capital investment and rising worker productivity to increase drastically due to the burgeoning population of the country. Currently, India is the world’s fifth-largest economy, behind Germany, Japan, China and the US.

10.07 / 14:25

UPS Action Immunic National What is Guillain-Barre syndrome? All you need to know as Peru declares national emergency amid surge in cases

Peru has declared a state of national emergency amid a surge in patient suffering from Guillain-Barré syndrome. The neurological ailment prompts the body's immune system to mistakenly attack nerves - sometimes leading to paralysis. Officials have cited an “unusual increase" in cases while imposing the 90 day sanitary emergency.

10.07 / 14:25

MET Fallout Puzzle Battlefield Russia president Putin met Wagner’s Prigozhin days after mutiny. Here's what they discussed

Belarus President Alexander Lukashenko. Putin agreed to allow the Wagner founder and his men to move to Belarus and to drop criminal cases of armed mutiny against them.

10.07 / 14:23

UPS NASDAQ DOW U.S. stocks are mixed as investors await inflation report for June

Investing.com — U.S. stocks were mixed on Monday ahead of inflation data for June.

10.07 / 14:23

Platform inflation data Crude oil lower; Weak Chinese inflation data hits sentiment

Investing.com — Crude oil prices retreated Monday, handing back some of the previous week’s strong gains after weak inflation data out of China increased concerns about an economic slowdown in the world’s largest crude importer.

10.07 / 13:39

Ethereum lido Billionaire Justin Sun's On-Chain Behavior Sparks Concern Among Lido Investors

On-chain redemptions of 30,000 staked Ether (stETH) tokens by Chinese crypto entrepreneur and Tron founder Justin Sun has caused concern among users of the ETH staking provider Lido.

10.07 / 13:33

Booking Hyundai NRG Tata Motors becomes 16th most valued automaker, beats Kia Corporation m-cap

market capitalization. Tata Motors shares on Monday hit a record high after its Jaguar Land Rover (JLR) unit reported 30% year-on-year (y-o-y) jump in global wholesale dispatches in the June quarter of this fiscal year. Tata Motors shares rose 0.19% to close at Rs619.40.

10.07 / 13:03

UPS Target Reuters Remark Yellow week Commodities Week Ahead: Taut Nerves in Oil, Gold Markets Ahead of CPI

The softer US jobs report for June is only one facet of the risk driver that oil and gold need this week. To complete the picture, Wednesday’s Consumer Price Index, or CPI, report for last month will have to be just as soft to dial down the Federal Reserve’s hawkishness, ensuring the central bank doesn’t go beyond two more rate hikes this year — better still, one.

10.07 / 13:03

Manufacturing JPMorgan Platform Citigroup Enterprise WSJ Meta Platforms Meta Platforms, Icahn Enterprises, Fisker rise premarket; FMC falls

Investing.com — U.S. futures traded largely flat Monday, at the start of a week that includes the release of key inflation data. which could guide the Federal Reserve with its monetary policy, as well as the start of the new quarterly earnings season.

10.07 / 12:57

UPS IPO Reuters Fine Ant Explained: What’s next for Ant after its nearly $1 billion fine?

Ant Group has drawn a line under the fintech giant's woes and given hope to investors that a regulatory crackdown on China's broader technology sector is over. Ant's story so far has been one of a dramatic reversal in fortunes: while its shelved $37 billion IPO in 2020 had valued the company at $315 billion, a share buyback announced on Saturday valued it 75% less at $78.5 billion.

10.07 / 12:13

NASDAQ Baidu U.S. listings of Chinese stocks edge lower after June CPI data

Investing.com -- U.S.-listed shares in Chinese companies slipped in premarket trading on Monday, as concerns around the health of the world's second-biggest economy mount following weaker than anticipated inflation data.

10.07 / 12:13

UPS NASDAQ DOW U.S. CPI, bank results loom; China deflation fears mount - what's moving markets

Investing.com — Investors gear up for fresh U.S. inflation data that could impact Federal Reserve policy decisions, while quarterly results from big banks are set to unofficially start second-quarter earnings season. Elsewhere, producer prices in China fall at their steepest pace since 2015 and consumer prices stand on the edge of deflation, casting doubt over the health of the economy.

10.07 / 12:13

Reuters Strategy fall Oil eases on China, U.S. data, but OPEC+ cuts limit fall

By Noah Browning