City Beijing Financial News

18.03 / 02:37

UPS Reuters Analysis Trade peace Oil prices rise on tighter supply, geopolitical risks

By Colleen Howe

17.03 / 23:25

markets COST UPS Provident FIVE poverty medicines Silver lining: Tutoring the elderly is growing fast in China

By Farah Master, Tingshu Wang and Xiaoyu Yin

17.03 / 23:25

markets UPS Reuters economy show social China Feb new bank loans dip more than expected, lending growth at record low

By Judy Hua and Kevin Yao

17.03 / 03:43

markets Target economy Election Trade President Charting the global economy: India’s inflation changed little in Feb, US takes a closer look at China shipbuilding subsidies

Federal Reserve in no rush to start lowering interest rates. Industrial production figures illustrated a euro area economy that’s merely limping along. In Japan, speculation intensified for the first rate hike in more than a decade after the country’s largest labor union secured big wage deals. The world of geopolitics continued to evolve, including Ukrainian drone attacks on Russian oil refineries, declining foreign investment in China and US concerns about Beijing’s subsidies for shipbuilders.

15.03 / 14:05

Man WhatsApp Research stage track reports testing Chinese satellites heading to moon fail to reach orbit after rocket falters

Chinese satellites failed to reach a planned orbit on their way to the moon after experiencing abnormalities, a rare setback for Beijing's high-profile space programme. The satellites, known as DRO-A and DRO-B, were launched on Wednesday evening from the Xichang Satellite Launch Centre in the Sichuan Province, the launch centre said in a press release on Thursday. They were carried by A Yuanzheng-1S (Expedition-1S) upper-stage aircraft, attached to a Long March-2C carrier rocket, it said.

15.03 / 10:13

markets UPS Dash DOW economy Trade reports Stock market today: World markets are mostly lower after retreat on Wall Street

Shares have retreated in Europe and Asia after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon

15.03 / 10:13

Platform security ByteDance TikTok Bill voice social Former Treasury Secretary Steve Mnuchin says he's putting together investor group to buy TikTok

Former Treasury Secretary Steven Mnuchin says he’s going to put together an investor group to buy TikTok after the House passed a bill that would ban the popular video app in the U.S. if its China-based owner doesn’t sell its stake

15.03 / 10:01

markets UPS IPO security economy prevention China tightens scrutiny over IPOs, listed firms to revive stock market

China published a set of rules on Friday that would tighten scrutiny over stock listings, public companies and underwriters, as regulators ramp up efforts to revive investor confidence. Regulators will vet initial public offerings (IPOs) more closely, crack down hard on securities fraud, and encourage listed firms to increase dividend payouts and buy back shares.

15.03 / 03:39

markets UPS Citi Reuters show song China's home prices extend declines despite support measures

By Liangping Gao and Ryan Woo

14.03 / 11:25

UPS Reuters Action economy country reports China probes exposure of HK units of banks, insurers to local government debt, sources say

By Selena Li and Summer Zhen

14.03 / 07:55

Cooper Landmark security Research country Department prevention U.S. and China Extend Landmark Bilateral Deal, Very Quietly

SINGAPORE—When a landmark science and technology agreement between the U.S. and China reached its expiration in late February without an extension, it plunged the academic community in both countries into uncertainty. Neither country confirmed an extension for nine days.

14.03 / 05:09

Manufacturing Trade Experts Cycling information reports International Hindustan Copper stock spikes 6% as copper prices hit 11-month high

Hindustan Copper, a state-owned company engaged in mining copper ore in India, saw its shares zoom 6% to ₹249 apiece in today's early trade, snapping a 5-day losing streak after copper prices rose sharply as investors bet on a drop in global supply. On Wednesday, copper prices surged to their highest level in 11 months, climbing by 3.1%, following a meeting in Beijing where officials from at least 15 Chinese plants discussed potential measures, including the possibility of production cuts.

14.03 / 04:01

UPS Target country testing The Agni-5 trial has strengthened India’s strategic deterrence

India’s Agni-5 test of a multiple-warhead ballistic missile places the country in a league of powers with only the US, UK, Russia, China and France as other members. Importantly, its success steps up India’s deterrence at a time China has openly begun to pursue a policy of power projection beyond its borders. Though not strictly an intercontinental ballistic missile (ICBM) of the order possessed by the Big Five that can hit targets as far as 15,000km, its 5,000km-plus range brings the farthest parts of China and even some of Europe within our strike radius.

13.03 / 20:41

Platform security TikTok wellness Bill Videos Interviews As TikTok bill steams forward, online influencers put on their lobbying hats to visit Washington

Lawmakers are facing their latest lobbyists — online influencers from TikTok

13.03 / 20:41

UPS security ByteDance TikTok Bill Universities 2020 US lawmakers say TikTok won't be banned if it finds a new owner. But that's easier said than done

U.S. lawmakers are threatening to ban TikTok but also say they are giving its Chinese parent company a chance to keep it running

13.03 / 20:39

UPS economy 2020 reports Interviews Elderly retirees face big losses after Chinese trust goes bust, reflecting turbulent economy

Some investors in a troubled Chinese trust fund are facing financial ruin under a government plan to return a fraction of their money back

13.03 / 18:07

markets UPS Manufacturing Trade pop rights Success in solar energy may be a curse for Chinese panel manufacturers

Ever since photovoltaic cells started popping up on pocket calculators and building roofs a few decades ago, solar power has faced a key drawback: It’s a nice technology, but there’s simply not enough of it to make a difference. Right now, it’s facing the opposite difficulty. A tidal wave of investment in solar-power panels has swelled to the point that it threatens to overwhelm the global industry.

13.03 / 15:27

security ByteDance TikTok Bill President country Schools US House overwhelmingly passes TikTok ban bill

US House of Representatives overwhelmingly approved a bill on Wednesday that would force TikTok to divest from its Chinese owner or get banned from the United States. The lawmakers voted 352 in favor of the proposed law and 65 against, in a rare moment of bipartisan unity in politically divided Washington.

13.03 / 13:41

COST UPS Citi Waters cover reports travelers Lovely climate? Read this before you move to Bengaluru

BBC, in 2018, carried a report listing 11 cities across the globe that were likely to run out of drinking water, including Cape Town and Beijing. Bengaluru was the only Indian city on the list. Not a single lake had suitable water for drinking, the report noted.

12.03 / 19:01

security wellness Trade show Videos Iran, Russia and China show off their ships in a joint naval drill in the Gulf of Oman

United Arab Emirates — China, Iran and Russia have begun a joint naval drill in the Gulf of Oman, a crucial waterway near the mouth of the Persian Gulf, officials said Tuesday. Footage aired by Chinese state television and a video released by the Russian navy showed the ongoing drill, known as «Marine Security Belt 2024.» China sent the guided-missile destroyer Urumqi and the guided-missile frigate Linyi to the exercise. Russia's forces are being led by the Varyag, a Slava-class cruiser.

12.03 / 18:53

UPS security Sustainability country reports Interviews African Development Bank chief criticizes opaque loans tied to Africa's natural resources

The head of the African Development Bank is calling for an end to loans given in exchange for oil or critical minerals used in smartphones and electric car batteries

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