China Financial News
07.07 / 19:05
07.07 / 18:47
Enterprise
WTO
Concerns raised at WTO over EU's deforestation law
India, Russia and Brazil, on Friday raised concerns over the EU's deforestation law, at the World Trade Organisation. Terming the EU's policy directive «unfortunate», New Delhi said that it will directly harm the economic interests of women and small enterprises.
07.07 / 18:35
Facebook
COST
Twitter
Target
Manufacturing
Platform
Action
Meta Platforms
Midday movers: Meta Platforms, Alibaba, Rivian rise; Levi Strauss falls
Investing.com — U.S. stocks were rising despite a weaker-than-expected jobs report and renewed fears that the Federal Reserve will continue to raise interest rates.
07.07 / 18:19
Provident
Cooper
Extreme
Aware
Platform
SCO geo-politically significant for India
India is looking to usher in a comprehensive and multifaceted partnership with the countries of Central Asia by leveraging the platform provided by the Shanghai Cooperation Organisation (SCO), people aware of the matter said. SCO is a prominent Eurasian grouping to ensure peace, stability, and security in the vast and resource rich region stretching from the borders of Europe to the Pacific, including China, Russia and Pakistan. India hosted SCO's latest summit virtually earlier this week where Iran became the ninth member of the grouping.
07.07 / 18:19
Booking
Remark
JLR clocks £400 mn free cash flow in Q1
NEW DELHI : Jaguar Land Rover (JLR), the luxury auto arm of Tata Motors Ltd, on Friday said it expects to report free cash flow to cross £400 million in the June quarter. To be sure, JLR had shared guidance that it expects to generate £2 billion for the fiscal. The Coventry-based maker of luxury SUVs like Range Rover, Discovery and Discovery said sales during the first quarter of the financial year 2024 improved significantly on the back of a continuous improvement in chip and other supply constraints.
07.07 / 17:07
UPS
Provident
Maxim
CEO
Stellantis
Deal
Carmaker Stellantis signs deal with firm seeking to mine in Nebraska for rare earths needed in EVs
The company that wants to mine for critical minerals in southeast Nebraska has signed a deal with Stellantis, giving the automaker access to the rare earth elements used to produce high-powered magnets needed for its electric vehicles
07.07 / 16:37
DAL
Political parties questions Election Commission on census delimitation process
Election Commission to clarify why in case of Assam for the same delimitation process 2001 census data are used though 2011 census data for Assam are available. This deviation in case of Assam needs clarification.
07.07 / 15:55
FIVE
CME
Oil prices
Weekly
Oil prices down after jobs data, but on course for weekly gain
Oil prices inched lower on Friday after U.S. jobs data did little to allay fears of further interest rate hikes, but were on track for their second straight weekly gain after a larger-than-expected fall in U.S. oil stockpiles.
07.07 / 14:59
07.07 / 14:55
UPS
NASDAQ
DOW
U.S. stocks are mixed after jobs report fails to calm rate fears
Investing.com — U.S. stocks were mixed after Friday’s jobs report failed to calm fears about interest rates.
07.07 / 14:55
COST
UPS
Twitter
Reuters
Samsung
Jobs report ahead, Twitter threatens Meta over Threads - what's moving markets
Investing.com — Investors look ahead to the publication of the latest U.S. nonfarm payrolls report, hoping that the data will provide some clues into the Federal Reserve's policy outlook. Elsewhere, Twitter threatens to bring a lawsuit against Meta over the Instagram owner's new Threads app, while the Chinese government reportedly gears up to impose a $1.1 billion fine on fintech titan Ant Group.
07.07 / 14:21
Weekly
Oil heads for second straight weekly gain even as prices edge lower after US jobs data; what lies ahead
US jobs data and positive oil stockpile data did little to allay fears of further interest rate hikes. US jobs growth slowed down in June but unemployment rate edged lower to 3.6 per cent, while nonfarm payrolls increased by 209,000 jobs last month, said the Labor Department in its employment report.
07.07 / 13:17
FIVE
Manufacturing
Action
Boeing
Enterprise
Janet Yellen, in Beijing, criticizes China's treatment of US companies
Janet Yellen on Friday criticized the Chinese government's harsh treatment of companies with foreign ties and its recent decision to impose export controls on certain critical minerals, suggesting that such actions justify the Biden administration's efforts to make U.S. manufacturers less reliant on China. Yellen delivered the forceful defense of American industry on her first day of meetings in Beijing during a high-stakes trip to ease tension between the United States and China.
07.07 / 13:05
UPS
Strategy
‘Not Here For Narrow Economic Objectives…’: Jaishankar Takes A Dig At China
External Affairs Minister S Jaishankar took an ind... moreExternal Affairs Minister S Jaishankar took an indirect dig at China during his ongoing visit to Africa.
07.07 / 12:55
UPS
MET
FIVE
Cooper
Action
Enterprise
NOT
Yellen appeals to China to revive talks and not let technology tensions disrupt ties
Treasury Secretary Janet Yellen has appealed to China’s No. 2 leader not to let frustration over U.S. curbs on access to processor chips and other technology disrupt economic cooperation during a visit aimed at improving strained relations
07.07 / 12:55
07.07 / 12:55
UPS
DOW
COMPOSITE
Stock market today: Global shares mixed with Yellen in Beijing, US June jobs data imminent
U.S. markets are quiet ahead of the critical U.S. June jobs report with Treasury Secretary Janet Yellen in Beijing attempting to ease tensions between the world’s two largest economies
07.07 / 12:55
UPS
Provident
MET
BLOCK
Cooper
Action
Yellen's visit to Beijing aims to heal rifts over a daunting array of China-US antagonisms
Treasury Secretary Janet Yellen is visiting Beijing as part of efforts to revive U.S.-Chinese relations that are at their lowest level in decades due to disputes over technology, security and other irritants
07.07 / 12:39
UPS
Platform
Adventure
Joy Ride: Here's When and Where to Watch the comedy film
Joy Ride is an all-female cast comedy movie. It is not only funny but a crazy hilarious roller coaster ride that can turn up as emotional and mental therapy. It has all to ignore all ups and downs of your daily life struggles and to fill the void. The film is written by Family Guy's Teresa Hsiao and Chery Chevapravatdumrong. A 90-minute laughing riot that will touch down your emotional cords as well. Joy Ride(2023) could be this year's best comedy film. The film is about a group of girls getting on an outrageous trip to China, an adventurous trip with fun-filled experiences. Joy Ride will be released on July 7 in theatres. But is it available on any online platform? Let's find out!
07.07 / 12:39
IPO
Reuters
Fine
Ant
Chinese central bank imposes $984-million fine on Ant Group
China's central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group.
07.07 / 11:31
Manufacturing
Microchip
China's Xi urges greater innovation amid tech curbs from US
China's President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies curbs on Chinese access to advanced technologies. China should accelerate the upgrades of key technologies and core products, state-run Xinhua news agency reported on Friday, citing Xi during his visit to a company's high-tech manufacturing zone in eastern Jiangsu province.
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