City Guangzhou Financial News

01.10 / 05:19
performer country Silver Asian Games: Aditi Ashok slips on final day, signs off with silver in women's golf
Aditi Ashok's fortunes tumbled on the final day as she carded a topsy-turvy 73 to sign off with a silver for India's first medal in women's golf at the Asian Games here on Sunday. Coming into the final day with a commanding seven-stroke lead, Aditi saw the advantage evaporate as she stumbled upon four bogeys and a double bogey against a lone birdie to slip to the second position.
30.09 / 08:39
FIVE show stage country events Bopanna-Bhosale win mixed doubles gold on final day of tennis events at Asian Games
Bopanna stayed solid with his big serves as India came back from a set down to win the tennis mixed doubles gold at the Asian Games, here Saturday. The second-seeded Indian team rallied to win the title clash 2-6 6-3 10-4 against Chinese Taipei's combo of Tsung-hao Huang and En-shuo Liang.
29.09 / 12:05
Citi Booking economy pandemic country travelers Millions take to China's railways, roads, air for autumn holiday
Many millions of Chinese tourists are expected to travel within their country, splurging on hotels, tours, attractions and meals in a boost to the economy during the 8-day autumn holiday period that began Friday
28.09 / 06:59
Citi President 2020 reports medicines fall China property crisis: Know about rise and fall of Evergrande Founder Hui Ka Yan | Explainer
Also read: Evergrande Chairman Hui under police control as China's property crisis deepens: Report The move adds to questions over the future of the world’s most indebted developer after setbacks to its restructuring plan in recent days roiled financial markets and raised the risk of a liquidation. It also casts doubt on the fate of the 64-year-old billionaire himself. Here’s everything you need to know about the rise and fall of Evergrande’s rags-to-riches founder: When Chinese President Xi Jinping marked the centenary in 2021 of the Communist Party’s founding with a speech proclaiming his nation’s unstoppable rise, there, overlooking the festivities in Tiananmen Square, was Evergrande founder Hui Ka Yan.
11.09 / 12:33
UPS FIVE COMPOSITE Remark Inside Chinese scientists successfully grow humanized kidney inside pig
Published in the scientific journal Cell Stem Cell, the study details the creation of human-pig chimeric embryos, consisting of both human and pig cells. These specially engineered embryos were then implanted in surrogate pig mothers and allowed to develop. After 28 days of growth, the resulting kidneys displayed a predominantly human cell composition, maintaining a normal structure. Remarkably, human cells made up approximately 60 to 70% of the total cells within these humanized kidneys.
01.09 / 02:47
UPS Citi FIVE Reuters show country Major Chinese banks cut deposits rates, paving the way for mortgage rate cuts
China's biggest banks on Friday cut interest rates on a range of deposits in an effort to ease pressure on their shrinking margins as lenders move to lower mortgage rates to prop up a struggling property sector and a faltering economy. The banks, including Industrial and Commercial Bank of China and Agricultural Bank of China on Friday cut their deposit rates by between five and 25 basis points, websites from each bank showed. Three sources familiar with the matter told Reuters on Tuesday that major state banks would cut deposit rates as they prepare to lower interest rates on existing mortgages, part of Beijing's efforts to revive the debt crisis-hit property sector. Starting from Sept.
29.08 / 17:45
UPS show country social song Show Guangzhou as part of Gurgaon
China released its latest standard map of the People's Republic of China. Which is like someone putting up one's DP on social media. And, as if on cue, the Republic of India — after all, whose republic is it anyway if not the people's? — is fumious (fuming + furious in a very diplomatic way).
28.08 / 22:17
Citi Waves Citizens country Inside travelers China won't require COVID-19 tests for incoming travelers in a milestone in its reopening
China will no longer require a negative COVID-19 test result for incoming travelers, a milestone in its reopening to the rest of the world after an isolation that began with the country's borders closing in 2020
28.08 / 03:23
UPS Manufacturing COMPOSITE performer country Asian stocks Asian stocks surge as China supports equity markets
Investing.com-- Most Asian stocks rose sharply on Monday, with Chinese shares in the lead after the country rolled out more measures to support its battered equity markets, while focus turned to key indicators from the world's largest economies this week.
16.08 / 16:15
Google Celebrity stage country Google Doodle marks FIFA Women’s World Cup 2023. See details
Google Doodle is celebrating the ongoing FIFA Women’s World Cup 2023. The doodle was first unveiled on the opening day and has now been displayed again during the quarter-finals on Wednesday. Hosted by Australia and New Zealand, this marks the ninth edition of the Women’s World Cup. The inaugural women’s football championship by FIFA took place in 1991. Before that, in 1988, FIFA organized an Invitation Tournament in China as a test. Encouraged by its success, FIFA moved forward with plans for an official women’s world championship, though it hesitated to label it as the World Cup back then. The US claimed victory in the first Women’s World Cup, triumphing over Norway 2-1 in Guangzhou. England entered the scene in the 1995 Women’s World Cup, facing Nigeria in a knockout match. They secured a 3-2 win. However, their journey was halted by Germany in the quarter-finals, resulting in a 0-3 loss. Germany advanced to the final but was defeated by Norway, marking the first European nation to clinch the Women’s World Cup. In its celebration, Google recognized the significance of the ninth edition of the FIFA Women’s World Cup 2023. It sent best wishes to all participating national teams, saying, “The world is watching with flags in their hands and hope in their hearts!” Commencing on July 20, the FIFA Women’s World Cup 2023 reached the quarter-final stage on August 11. The final is scheduled for August 20. The Lionesses advanced to the semi-finals by overcoming Colombia in the quarter-finals, putting them two matches away from winning the championship. The team has already secured victories against Haiti, Denmark, China, and Nigeria – but the true challenge lies ahead.
16.08 / 11:37
Citi Target Manufacturing TikTok show beautiful social NOT Estée Lauder’s Big Bet on China Is Looking Not So Pretty
TikTok phenomenon in the U.S. to respond faster to trends and keep rebalancing the distribution of its products to continue betting on its retail partnerships with Ulta Beauty, Target and Sephora-Kohl’s ventures, where mass beauty brands top sales. Indie brand e.l.f.
15.08 / 07:07
Citi Digital Progressive show cover Tianjin, China, Says It Has Processed $1.76bn Worth of Digital Yuan – CBDC Progressing?
The Chinese city of Tianjin says residents and businesses transacted a cumulative total of over $1.76bn worth of CBDC since it joined the digital yuan pilot in 2022.
12.08 / 15:41
Southern track exclusive China's vessel Shi Yan 6 prepares to dock at Colombo port raising doubts over Sri Lanka's promises to India
India's sensitive security and strategic concerns. This is not the first time Sri Lanka will give space to China's military vessels as in August 2022, a Chinese vessel known for its role in tracking ballistic missiles, Yuan Wang 5, successfully moored at the harbor of Hambantota.
09.08 / 13:23
UPS MET Nikkei country 2024 Indonesia says Mitsubishi Motors plans to invest $375 million in 2024
JAKARTA (Reuters) — Indonesia's industry ministry said on Wednesday Japanese carmaker Mitsubishi Motors (OTC:MMTOF) was planning to invest 5.7 trillion rupiah ($375.25 million) in 2024 to expand its production capacity in the country.
09.08 / 08:23
COST UPS Citi Rust More Chinese graduates return to hometowns in depressed economy - state media
BEIJING (Reuters) — Almost half of Chinese undergraduates returned to their hometowns last year within six months of graduation, state media reported, with the proportion rising to 47% from 43% in 2018 amid a sagging job market.
06.08 / 20:25
COST UPS Waves Manufacturing Albemarle rock Australian Will the lithium price rout kill the next wave of Australian mines?
When battery-grade lithium prices descended into a bloodbath on the new Guangzhou Futures Exchange last month, it sent ripples through the Australian bourse, tearing chunks off the share prices of lithium miners and explorers.
04.08 / 18:15
SUN Platform Mobile Southern social China Set to Impose Mobile Device Limits for Minors
mental health of young people. Chinese parents who have struggled to keep their children away from screens are looking forward to the change. “It would be great if there was a way to force him not to spend so much time online," Wang Yuefang, a shift manager at a textile factory in the southern manufacturing hub of Guangzhou, said of her 13-year-old son.
02.08 / 13:57
COST UPS Citi Hugo Boss stays strong amid tough China, U.S. markets
By Linda Pasquini and Helen Reid
31.07 / 04:19
UPS Citi Southern boost China's biggest cities vow to introduce steps to boost property sector
BEIJING (Reuters) — China's biggest cities including Beijing and Shenzhen said over the weekend they would implement measures to better meet the needs of homebuyers, without giving details, aiming to prop up a property sector that is seeing few signs of recovery.
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.
24.07 / 17:47
Citi Provident Strategy Tesla Toyota Southern Joint Venture Toyota joint venture cuts 1000 jobs in China
Toyota Motor Corporation (NYSE:TM) revealed Monday that its joint venture with China’s state-owned Guangzhou, the Guangzhou Toyota Motor Co, has terminated early contracts of about 1,000 dispatch workers. The decision comes amidst mounting pressure from a price war in the world's largest auto market.

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