News for 'Hong Kong-based'

Prospect of rate hike after inflation surge hits rupee, bonds

Prospect of rate hike after inflation surge hits rupee, bonds

Rediff.com13 Dec 2013

RBI chief Raghuram Rajan said on Thursday he was 'very uncomfortable' with the inflation reading, a comment that probably seals the case for him to deliver his third rate increase next Wednesday, despite a weak economy.

How AI is helping brokers take the right investment decisions

How AI is helping brokers take the right investment decisions

Rediff.com12 Sep 2017

Hedgeloop, Accuracap and other entities are pioneering a growing market and attracting much interest from businesses by using software to make informed decisions in this area

Sunk cruise ship in China cut open but no survivors found

Sunk cruise ship in China cut open but no survivors found

Rediff.com4 Jun 2015

The death toll in the tragedy in the mighty Yangtze rose to 65 as rescuers retrieved another 39 bodies till morning.

The AI robot that is making Chinese journalists jittery

The AI robot that is making Chinese journalists jittery

Rediff.com24 Dec 2015

For the first time, a Chinese news channel has employed an artificial intelligence robot as a weather reporter on its live breakfast show, raising concerns among the country's journalists as it could threaten their jobs.

In Covid times China reports Q1 GDP growth of whopping 18.3%

In Covid times China reports Q1 GDP growth of whopping 18.3%

Rediff.com16 Apr 2021

China's GDP jumped a record 18.3 per cent in the first quarter of 2021, riding on strong domestic and foreign demand and aided by recovery from a low base in early 2020 when Covid-19 stalled the world's second-largest economy, according to statistics released on Friday.

Lenovo buys IBM's server business at $2.3 bn

Lenovo buys IBM's server business at $2.3 bn

Rediff.com24 Jan 2014

The acquisition will allow Lenovo to diversify revenue away from the shrinking PC business.

China's missile man is new defence minister

China's missile man is new defence minister

Rediff.com19 Mar 2018

Lieutenant General Wei Fenghe's, China's new defence minister's, first guest of honour could be his Indian counterpart Nirmala Sitharaman.

Xi asks military to recruit new talent to gain edge in future wars

Xi asks military to recruit new talent to gain edge in future wars

Rediff.com29 Nov 2021

Chinese President Xi Jinping has stressed the need for the recruitment of new talent to support the rapid modernisation of the armed forces and win future wars amid reports that the military has committed more resources to enrol 3 lakh personnel for frontline positions.

China claims Covid broke out in world's various parts last year

China claims Covid broke out in world's various parts last year

Rediff.com9 Oct 2020

China, besides denying the United States allegations that COVID-19 has emerged from a bio-lab in Wuhan, also rejected that it emanated from a wet market in the central Chinese city from bats or pangolins before infecting humans.

CBI books billionaire Nirav Modi in Rs 280 cr cheating case

CBI books billionaire Nirav Modi in Rs 280 cr cheating case

Rediff.com5 Feb 2018

Modi, 46, who had figured in the Forbes' list of richest Indians, has been named in the cheating case on a complaint from the PNB, which alleged that the jewellery firm owner, his brother, wife and Choksi entered into a criminal conspiracy with the officials of the bank and cheated it, causing a "wrongful loss".

Xi asks Chinese media, diplomats to tone down aggressive approach

Xi asks Chinese media, diplomats to tone down aggressive approach

Rediff.com2 Jun 2021

President Xi Jinping has called for better international communication, urging the bellicose official Chinese media and 'wolf warrior' diplomats to adopt a tone that displays openness and conveys modesty, in what observers see as a rare admission of Beijing's growing isolation exacerbated by COVID-19.

China pledges support to Taliban, asks them not to back Uyghur fighters

China pledges support to Taliban, asks them not to back Uyghur fighters

Rediff.com28 Jul 2021

Amid deepening concerns in China over the regrouping of the ETIM, blamed by Beijing for all the violent attacks in its volatile Xinjiang province and elsewhere in the country, Foreign Minister Wang Yi met Mullah Baradar at Tianjin and sought to prevail on him to build a 'positive image and establish a broad and inclusive political structure that suits Afghanistan's national realities'.

China gets nod for dam on Brahmaputra as 14th 5-year plan is cleared

China gets nod for dam on Brahmaputra as 14th 5-year plan is cleared

Rediff.com11 Mar 2021

China's parliament on Thursday adopted the 14th Five-Year Plan, the mega blueprint containing billions of dollars worth of projects, including the controversial hydropower project on the Brahmaputra river in Tibet close to the Arunachal Pradesh border over which India has raised concerns.

China's CPC conclave kicks off to authorise unprecedented 3rd term for Prez Xi

China's CPC conclave kicks off to authorise unprecedented 3rd term for Prez Xi

Rediff.com8 Nov 2021

Xi, 68, holds China's all three power centres -- General-Secretary of the CPC, Chairman of the powerful Central Military Commission which is the overall high command of the military, and the Presidency is set to complete his second five-year tenure next year.

Time on China's side as world faces unprecedented turbulence: Xi

Time on China's side as world faces unprecedented turbulence: Xi

Rediff.com12 Jan 2021

Xi spoke of the importance of implementing the new development philosophy and advancing the new development paradigm of "dual circulation" in the country's new development phase to ensure a good start for the 14th Five-Year Plan (2021-25) period.

Apex court refuses to entertain PIL in Vodafone case

Apex court refuses to entertain PIL in Vodafone case

Rediff.com1 Jul 2014

A bench headed by Justice H L Dattu, however, allowed the petitioner, former Additional Solicitor General Bishwajit Bhattacharyya, to file fresh petition with all the relevant documents stating what action Centre has so far been taken on the issue.

Xi, Modi to vie for investments on rare simultaneous US visits

Xi, Modi to vie for investments on rare simultaneous US visits

Rediff.com22 Sep 2015

Modi is scheduled to meet over 50 CEOs of Fortune 500 companies over dinner hosted in New York on September 24.

Tax disputes: Vodafone seeks to club all cases for settlement

Tax disputes: Vodafone seeks to club all cases for settlement

Rediff.com2 Jan 2014

Vodafone, according to sources, in its response to the Finance Ministry's offer for conciliation, had expressed keenness to settle the long-pending capital gains tax dispute.

Debris of China's disintegrating rocket falls into Indian Ocean

Debris of China's disintegrating rocket falls into Indian Ocean

Rediff.com9 May 2021

The debris from China's disintegrating Long March rocket entered the Earth's atmosphere on Sunday and reportedly fell into the Indian Ocean area close to the Maldives, the country's space agency said, ending an anxious week as people and the governments wondered where and when the space junk would fall.

China's top film actress reappears after 3 month vanishing act

China's top film actress reappears after 3 month vanishing act

Rediff.com3 Oct 2018

Fan Bingbing, who has been ordered to pay $130 million (Rs 952 crore) for tax evasion, was reportedly kept at a "holiday resort" used by investigators in a suburb in the coastal province of Jiangsu.

Down 6.8%, China posts worst economic growth since Cultural Revolution

Down 6.8%, China posts worst economic growth since Cultural Revolution

Rediff.com17 Apr 2020

China's GDP took the worst hit since the disastrous Cultural Revolution in 1976, plummeting by 6.8 per cent in the first quarter of 2020 as the country took unprecedented measures to fight the coronavirus pandemic that brought the world's second largest economy to a standstill. China's gross domestic product stood at 20.65 trillion yuan (USD 2.91 trillion, approx) in the first quarter of 2020 amid the Covid-19 impact, down 6.8 per cent year on year, China's National Bureau of Statistics (NBS) said on Friday.

China shuts down 13 cities as coronavirus death toll climbs to 26

China shuts down 13 cities as coronavirus death toll climbs to 26

Rediff.com24 Jan 2020

By Thursday, 830 confirmed cases of pneumonia, caused by the novel coronavirus (2019-nCoV), had been reported in 29 provincial-level regions in the country.

China's coronavirus death toll crosses 2300, WHO team to visit Wuhan

China's coronavirus death toll crosses 2300, WHO team to visit Wuhan

Rediff.com22 Feb 2020

Besides controlling the spread of the virus, a major task of the WHO team along with their Chinese counterparts was to come up with a standard medicine to cure the disease.

Chinese economy is first to recover from coronavirus crisis

Chinese economy is first to recover from coronavirus crisis

Rediff.com16 Jul 2020

Analysts, however, predict it would be an uphill climb for export-reliant China's economy going forward as it faced intensified conflict with the US and the negative fallout on its external trade due to Beijing's increasingly aggressive policies towards countries like India resulting in bans of its products and services.

Yuan has a long way to go before it catches up with euro, dollar

Yuan has a long way to go before it catches up with euro, dollar

Rediff.com10 Dec 2015

'China could place the currency on a par with global biggies. But it has to wait to be a serious challenger.'

North Korea's Kim Jong-un makes unprecedented trip to China

North Korea's Kim Jong-un makes unprecedented trip to China

Rediff.com27 Mar 2018

This is Kim's first overseas visit since he took over power in 2011 after his father's death.

Xi Jinping: A princeling turned China's Mao 2.0

Xi Jinping: A princeling turned China's Mao 2.0

Rediff.com23 Oct 2022

Xi's ascent to power and the quick consolidation of his leadership of the party with a shock anti-graft campaign securing the title of the "core leader" of the party bequeathed only to Mao has indeed forced his rivals in the party to submission and caught the attention of the world.

Sahara asks US court to reject attachment plea for hotels

Sahara asks US court to reject attachment plea for hotels

Rediff.com12 Jul 2015

Company has submitted before the court that the plaintiff is attempting to attach property that falls outside of the jurisdiction of the court

Vodafone to raise Indian unit stake to 100% for Rs 10,141 cr

Vodafone to raise Indian unit stake to 100% for Rs 10,141 cr

Rediff.com29 Oct 2013

World's second largest mobile operator Vodafone Plc of UK on Tuesday sought FIPB approval to invest Rs 10,141 crore (Rs 101.41 billion) in raising its stake in the Indian arm to 100 per cent.

18 injured after minivan crashes into pedestrians in Shanghai

18 injured after minivan crashes into pedestrians in Shanghai

Rediff.com2 Feb 2018

Police, however, said the crash was not intentional and it was an accident and not an attack, state-run Xinhua news agency reported.

This Chinese journalist gets 7 years in prison for leaking state secrets

This Chinese journalist gets 7 years in prison for leaking state secrets

Rediff.com17 Apr 2015

Gao Yu was found her guilty of leaking an internal Communist Party document to a foreign website.

China reduces army by half; increases size of navy, air force significantly

China reduces army by half; increases size of navy, air force significantly

Rediff.com22 Jan 2019

Shanghai-based military analyst Ni Lexiong said the overhaul marked a significant strategic shift from having a homeland-based defensive force to one with the capacity to allow Beijing to flex its muscles beyond its national borders and to protect its interests overseas.

Game of Chinese checkers in the Pacific

Game of Chinese checkers in the Pacific

Rediff.com4 Jun 2013

Admiral Samuel Locklear, commander of US forces in the Pacific, told the Shangri-La Dialogue, a high-level defence forum in Singapore, that PLA navy had started "reciprocating" US navy's tactics of sending ships and aircraft into the 200-nautical-mile zone off China's coast.

Ready to maintain peace at frontiers with India: China

Ready to maintain peace at frontiers with India: China

Rediff.com9 Oct 2017

Sitharaman had a brief conversation with Chinese soldiers during her maiden visit to the Nathu La border post in Sikkim.

China test fires 10,000-km range nuclear missile

China test fires 10,000-km range nuclear missile

Rediff.com4 Oct 2014

China has flight tested an upgraded version of its 10,000-km range Dongfeng missile which can reach most of the US and European cities, demonstrating its nuclear capability, media reports said.

China joins global vaccine alliance; to buy 15 million doses

China joins global vaccine alliance; to buy 15 million doses

Rediff.com9 Oct 2020

According to the WHO, countries should join the COVID-19 Vaccine Global Access Facility (COVAX Facility) by September 18 but not later than October 9 with upfront payments.

No big yuan effect on India yet, says economist

No big yuan effect on India yet, says economist

Rediff.com8 Sep 2015

'The impact of a devaluation will be modest on India's exports'.

RMB devalues by 2% as China seeks to bolster sagging economy

RMB devalues by 2% as China seeks to bolster sagging economy

Rediff.com11 Aug 2015

The onshore yuan trading band is tightly controlled.

Alibaba's Jack Ma to step down in 2019, names company CEO as successor

Alibaba's Jack Ma to step down in 2019, names company CEO as successor

Rediff.com10 Sep 2018

Daniel Zhang will be promoted to the executive chairman on September 10, 2019, while Ma remains a director on Alibaba's board.

US court issues show-cause to Sahara in $350-mn lawsuit

US court issues show-cause to Sahara in $350-mn lawsuit

Rediff.com22 Jun 2015

A spokesperson said Sahara group is not into business with Trinity.