In August, Ellery Lee, an energy and climate change consultant in the capital, was drenched walking through a downpour. Once home, he was shocked to see news that two people had drowned after getting …
Monthly Archives For September 2021
Global shares mixed as investors eye China property worries
Analysts said fears the damage from a property bust in China could ripple worldwide were drawing on memories of past financial crises such as the bursting of the Japanese “bubble” economy or the 2008 …
China’s Hugoeast Media Acquires Cannes Directors’ Fortnight Player ‘The Tale of King Crab’ (EXCLUSIVE)
Beijing-based distributor Hugoeast Media has acquired Chinese distribution rights to Cannes Directors’ Fortnight player ‘The Tale of King Crab,’ the first feature venture into narrative fiction of …
China’s travel industry ‘paralysed’ by coronavirus sees tour guides turn to live streaming
Struggling Chinese tour guides have begun live-streaming on video platforms such as Douyin during the coronavirus pandemic to make up for lost business.
Bank of China issues special coins to commemorate 70 years of diplomatic ties
In order to commemorate the 70th anniversary of establishment of diplomatic relations between Pakistan and China, the People’s Bank of China has issued special commemorative coins to mark this …
China’s financial institutions report rising assets
Assets of China’s financial institutions totaled 371.26 trillion yuan (about US$57.56 trillion) by the end of the second quarter of this year, official data showed. The volume increased by 9.1% year …
Partners Financial says investors in China market should shift focus away from these markets
Ronald Wan of Partners Financial Holdings says Chinese investors should shift their focus away from internet and property markets, and invest in infrastructure play, building materials, raw materials …
China’s Evergrande crisis: Could it spill over to India? Fear of contagion across financial markets jumps
China’s Evergrande Group’s likely default on liabilities including interest payments and debt obligations has fuelled the fear of a contagion spreading across global financial markets.
China’s plunging diesel exports a boost to Asia refiners: Russell
LAUNCESTON: Slumping diesel exports from China are proving a boon to other refiners in Asia, with the profit from producing the fuel rising to the highest in 18 months. China has been Asia’s …
Stocks Plunge Amid China, Fed and Washington Concerns
Stocks dropped more than 1.7% to begin another busy week, which includes a very important Fed meeting and a debt ceiling debate in Washington. The NASDAQ plunged by 2.19% (or about 330 points) to …
Blockchain Platforms Software Market is Going to Boom | IBM, AWS, Microsoft
Advance Market Analytics published a new research publication on Blockchain Platforms Software Market Insights to 2026 with 232 pages and enriched with self explained Tables and charts in presentable …
Cryptocurrency, Bitcoin plunges on China apartment debt fears
Demand for Bitcoin has plunged as cryptocurrency investors worry about what the potential collapse of Chinese property development giant Evergrande means for the world economy.
Evergrande woes hit Japan’s toilet, air-conditioner and paint manufacturers
Concern that China Evergrande may default on its mountain of debt hit shares of toilet maker Toto and other Japanese firms that are seen vulnerable to a further slowdown in China’s property …