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(Bloomberg) -- China Life Insurance Co., the nation's largest life insurer, reported an almost sixfold jump in third-quarter profit thanks to higher investment returns and tax relief. To read more about the insurer's reforms and prospects: China Life May Extend Profit Surge Through Rest of 2019: React. [Extracted from the article]

China's Moutai Soars 123% in a Year. A 123% advance since October 2018 has increased the Chinese firm's market capitalization to about $208 billion, making it the world's most valuable distiller and one of the country's biggest listed companies. Moutai's Flying Fairy liquor, which has a 53% alcohol content and goes for about 1,500 yuan ($212) a bottle and up, is China's national drink and a staple for gift-giving. [Extracted from the article]

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Infrastructure investment in railways pushed up profits of electrical machine production, according to Iris Pang, an economist at ING bank NV. [Extracted from the article]

The article reports that equities climbed around the world after China's stronger-than-expected daily fixing of its currency eased fears about a worsening trade conflict. Topics include all three benchmark stock gauges in the U.S. advanced, led by technology companies, as the Stoxx Europe 600 rose the most in seven weeks and gold dipped after closing above 1,500 dollars an ounce for the first time since 2013, while Treasury yields edged higher and the dollar weakened.

The article reports that equities in the U.S. rallied after China's stronger-than-expected daily fixing of its currency eased fears about a worsening trade conflict. Topics include the Standard & Poor's 500 Index (S&P 500) Index headed for its biggest advance in two months, led by technology companies, building on gains in Europe and Asia and at points erasing its loss For the week and Treasury yields edged higher and the dollar weakened.

Insurer's profit in year-earlier period was 33.84 billion yuan Declines in investment income hurt profit, China Life says. [Extracted from the article]

Insurer said last month first-half profit may fall up to 70% The benchmark Shanghai Composite Index tumbled 17 percent in the first half amid an economic slowdown, hurting the value of Chinese insurers' stock holdings and causing a slump in their combined profits. [Extracted from the article]

Chinese insurers' total profits fell 54.1% in the first half China Life's smaller rival New China Life Insurance Co. said July 22 its first-half profit may fall about 50 percent, citing declining investment returns. [Extracted from the article]

China's private-sector technology firms are taking advantage of mounting demand from investors fleeing debt risks at state-owned enterprises to raise cheaper cash. Attribution Lianting Tu: assist Edwin Chan: editor Molly Wei: by reporter Sandra Tsui: assist Robert Fenner: editor responsible Andrew Monahan: editor responsible. [Extracted from the article]

Record $18.8 billion online loan products sold in October "China is in the midst of an asset famine and investors are starved of higher returns", said Liu Dongliang, a senior analyst at China Merchants Bank in Shenzhen. [Extracted from the article]

China Life Insurance Co., the nation's largest insurer, said its third-quarter profit fell 74 percent as a stock-market rout hurt investment returns. China Life shares fell 1.5 percent in Hong Kong to HK$30.35 on Wednesday, turning this year's gain into a 0.3 percent loss. [Extracted from the article]

"The focus has been on weak economic data from China today and apprehension demand will slow", Giovanni Staunovo, an analyst at UBS Group AG in Zurich, said by phone. Attribution Carlos Caminada: editor Charlotte Porter: editor Rakteem Katakey: assist David Marino: editor responsible Mark Shenk: by reporter. [Extracted from the article]

Coal mining profits drop 64.9%, oil and gas profits down 67.3% NBS cites falling product prices and lower investment returns Profits in coal mining plunged 64.9 percent in the first eight months of this year from the same period last year, while oil and gas profits tumbled 67.3 percent, the report said. [Extracted from the article]

China Life Insurance Co., the nation's biggest insurance company, said profit rose 70 percent in the first quarter as stock market rallies bolstered its investment returns. Net income increased to 12.3 billion yuan ($2 billion), or 0.43 yuan a share, from 7.23 billion yuan, or 0.26 yuan a share, a year earlier, the Beijing-based company said in a statement to the Shanghai stock exchange. [Extracted from the article]

China Life Insurance Co., the nation's largest insurer, said profit rose 30 percent last year after stock-market rallies boosted its investment returns. Investment income rose 13 percent, the Beijing-based insurer said. [Extracted from the article]