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A service for finance industry professionals · Sunday, January 5, 2025 · 774,243,490 Articles · 3+ Million Readers
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China Finance Industry Newswire

  • Published on Jan 3, 2025

    US stocks suffer worst year-end drop since at least 1952

    The S&P 500 just wrapped up 2024 with its ugliest year-end slump in over seven decades. Between Christmas and New Year’s Eve, the benchmark index dropped 2.6%, its worst holiday season decline since records began in 1952. According to Bespoke …

    Source: Cryptopolitan - Uncategorized
  • Published on Jan 3, 2025

    China’s fight against virus gets backing

    Major international financial institutions said on Monday that they support China’s policies to restore economic activities and are confident in the country’s economic resilience despite its current challenges brought by the outbreak of the novel …

    Source: Eleven Myanmar - Neutral
  • Published on Jan 4, 2025

    China’s civil servants to get long-delayed pay rise, but will it boost economy?

    After a few years of belt-tightening, millions of Chinese civil servants are expected to bring home a much-delayed pay rise ahead of Lunar New Year later this month. Several civil servants and workers at public institutions in China said they had received …

    Source: South China Morning Post - Uncategorized
  • Published on Jan 3, 2025

    U.S. stocks rebound as market sentiment improves

    NEW YORK, Jan. 3 (Xinhua) -- U.S. stocks ended higher on Friday, following stronger-than-expected manufacturing data and an optimistic economic outlook shared by Richmond Fed President Tom Barkin. The Dow Jones Industrial Average rose 339.86 points, or 0. …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Jan 3, 2025

    China's overqualified youth taking jobs as drivers, labourers and film extras

    When Sun Zhan became a waiter, this was met with displeasure by his parents. "My family's opinions are a big concern for me. After all, I studied for many years and went to a pretty good school," he says. He says his family is embarrassed by …

    Source: BBC - Public Broadcaster
  • Published on Jan 3, 2025

    CM welcomes $700m investment

    LAHORE: A Chinese delegation met Punjab Chief Minister Maryam Nawaz Sharif and expressed its consent to make an investment of $700 million. The chief minister approved in principle the proposal for the investment. The Chengdu ICT general coordinator and …

    Source: The Express Tribune - Uncategorized
  • Published on Jan 3, 2025

    Taiwan launches anti-dumping probe into cheap Chinese beer

    Taiwan’s Finance Minister Chuang Tsui-yun announced on Thursday (2 January) that the government would launch an anti-dumping investigation into imports of low-priced Chinese beer. A warehouse filled with beer . Focus on bottles in foreground. Lawmakers …

    Source: The Drinks Business - Neutral
  • Published on Jan 3, 2025

    Why some voters in the Chinatown International District shifted toward Trump

    Lu, who voted for President Joe Biden in the 2020 election, said she voted for Trump this time because of the idea of making America great again. And she hopes he will make safety a top priority in her neighborhood. The CID and other minority-majority …

    Source: International Examiner - Washington State - Left-wing
  • Published on Jan 3, 2025

    Heavy Money Flows In Quantum Computing Stocks, Blind Money Saves The Market, Bitcoin Outflows

    To gain an edge, this is what you need to know today. Money Flows An enlarged chart of SPDR S&P 500 ETF Trust which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that in the early morning yesterday …

    Source: Benzinga - Neutral
  • Published on Jan 3, 2025

    Nasdaq, S&P 500 Snap Five-Day Losing Streaks As Stocks Rally

    After trending lower over the past several sessions, stocks showed a strong move back to the upside during trading on Friday. The major averages all moved sharply higher, with the tech-heavy Nasdaq leading the charge. The major averages pulled back off …

    Source: RTTNews - Neutral
  • Published on Jan 3, 2025

    Oil Futures Mixed on Crude Draw, High Fuel Stocks

    However, both crude benchmarks continued showing a three-month backwardation structure as global oil demand in 2025 is still expected to remain low as China's stimulus plan, set to start in the coming months, could be overshadowed by trade tariffs from …

    Source: Progressive Farmer - Neutral
  • Published on Jan 3, 2025

    Trump eases up on China – What changed?

    President-elect Donald Trump, known for his tough rhetoric on China, appears to be softening his stance even before assuming office for his second term. Trump’s Presidential campaign included promises to counter China’s growing economic and geopolitical …

    Source: Cryptopolitan - Uncategorized
  • Published on Jan 3, 2025

    Stocks rally after recent slump, dollar slips

    By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks rallied on Friday but stayed on track for a weekly decline, while the dollar stalled after its recent rally but found some support from a stronger-than-expected U.S. manufacturing survey. U.S. stocks …

    Source: The Print - Neutral
  • Published on Jan 3, 2025

    U.S. stocks rally at week's end, Dow Jones adds 340 points

    NEW YORK, New York - U.S. Markets wrapped up the trading week on a high note Friday, with all major North American benchmarks posting gains in Friday's session. Investors were encouraged by upbeat corporate earnings reports and optimistic economic data …

    Source: Big News Network - Label Pending
  • Published on Jan 3, 2025

    US Considering Restrictions, Potential Bans on Chinese Drones

      The United States is considering placing new restrictions, and even potentially banning the use of Chinese drones in the country, over national security issues. The US Commerce Department said on Thursday it was considering new rules to safeguard the …

    Source: Asia Financial - Neutral
  • Published on Jan 3, 2025

    Millions of China’s State Workers Get Pay Rise to Lift Economy

      Close to 50 million government workers in China are believed to have received a surprise new year gift this week – a healthy pay rise. The move, at a time when the yuan is losing value to other international currencies, appears to be part of Beijing’s …

    Source: Asia Financial - Neutral
  • Published on Jan 3, 2025

    China Ponders Export Curbs on Lithium Tech, EV Batteries

      Commerce officials in China have proposed an export ban on the technology used to process lithium for EV batteries. They also want to add battery cathode technology to its list of controlled exports and are considering curbs on the technology involved in …

    Source: Asia Financial - Neutral
  • Published on Jan 3, 2025

    Tesla Sees Record Year in China Despite First Global Sales Slump

      US carmaker Tesla sold a record number of electric vehicles in China last year, even as its annual global deliveries declined for the first time. Tesla said its sales in China rose 8.8% to a record high of more than 657,000 cars in 2024. China remained …

    Source: Asia Financial - Neutral
  • Published on Jan 3, 2025

    Major projects kick off across China, signal a good start to new year

    A worker inspects the operation of robotic arms in a factory in Jiangdu district, Yangzhou, East China's Jiangsu Province on October 9, 2024. In recent years, Jiangdu has ramped up efforts in promoting high-end manufacturing with new technologies to …

    Source: Global Times - Gov't Propaganda

01 days 17:21:09

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