Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems. ( read original story …)
Monthly Archives For August 2020
China Mobile Revenue Rises as Pandemic Boosts Services Demand
China Mobile Ltd.’s revenue rose in the first half as the coronavirus pandemic prompted industries to accelerate steps toward digitalization, boosting demand at the country’s biggest phone company. ( read original story …)
China Mobile’s First-Half Net Profit Slipped 0.5%
China Mobile Ltd.’s net-profit in the first half of the year slipped 0.5%, as weaker margins offset a slight increase in operating revenue. The telecom operator posted a net profit of 55.77 billion … (…
Realtor IPO overcharges for Chinese housing
The New York stock exchange has a new Chinese tenant. KE, which operates home broker Lianjia and sales-and-services platform Beike, plans to price shares in its initial public offering above the top … ( read…
In China, fears of financial Iron Curtain as U.S. tensions rise
A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global dollar system – a devastating…
China central bank issues 30 billion yuan of offshore bills: HKMA
China’s central bank issued 30 billion yuan ($4.3 billion) of offshore bills in Hong Kong on Thursday, according to a notice published by the Hong Kong Monetary Authority. ( read original story …)
Exclusive: China pushes First Capital merger in drive to take on Wall Street
China plans to merge domestic broker First Capital Securities with smaller rival Capital Securities, three sources said, underscoring Beijing’s determination to consolidate the brokerage … ( read original story …)
China launches ‘Clean Plate’ campaign against food waste
The “Clean Plate Campaign” comes after Mr Xi highlighted that Covid-19 had “sounded the alarm” on food waste. He added that China had to “maintain a sense of crisis about food security”. It also comes…
Coronavirus live updates: China says chicken imported from Brazil tests positive for virus; relief talks at a standstill
The coronavirus has infected more than 20.4 million people around the world as of Thursday, killing at least 745,923 people. ( read original story …)
Southeastern Chinese city Shenzhen says chicken imported from Brazil tests positive for coronavirus
Shenzhen’s health authorities traced and tested everyone who might have come into contact with potentially contaminated food products, and also tested food products stored near the infected batch. All … ( read original story …)
China’s Tencent downplays Trump’s WeChat app ban
Tencent has played down Donald Trump’s ban on its WeChat app, believing it will only affect its US operations. The tech giant runs an equivalent messaging platform in China called Weixin which it … (…
War’s end meant years of pain for Japanese girl in China
The last day of the Pacific War was also supposed to be Fumie Sato’s last. After hearing Emperor Hirohito’s Aug. 15, 1945, radio broadcast declaring Japan would soon … ( read original story …)
Jimmy Lai says swift arrest points to ‘great disorder’ between Hong Kong and China police
Jimmy Lai has said he was surprised to be arrested so quickly, and suggested there was “great disorder” among Chinese and Hong Kong authorities about how to handle the territory’s national security … ( read…
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