Global stocks were just below water on Friday with most of their strong gains for the week still intact but the mix of rising interest rates, high oil prices and war in Ukraine kept risk-taking…
Monthly Archives For March 2022
China seen keeping lending benchmarks steady, cut expectations grow
China is likely to keep benchmark lending rates unchanged at its monthly fixing on Monday, a Reuters survey found, after the central bank surprised investors by forgoing a cut to medium-term lending …
China Moves to Weaken Yuan With Record Push-Back Via Fixings
China made its biggest push to weaken the yuan through its currency fixings this week as virus-related curbs and rising commodity prices threatened to slow the economy.
China To Address Market Concerns About Offshore Listing Rules – Regulator Quoted
Chinese authorities will address the concerns of international investors when finalising new rules for offshore listings, two sources quoted a senior regulatory official as telling a lobby group for …
China Embedded Finance Markets Databook 2022: 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments, 2020-2021 & 2022-2029
The “China Embedded Finance Business and Investment Opportunities Databook – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been added to …
China Jan-Feb Fiscal Spending Quickens in Fight to Support Slowing Economy
China’s fiscal spending rose 7.0% in January-February from a year earlier, the finance ministry said on Friday, quickening from a 0.3% rise in 2021 as policymakers step up support for the slowing …
China cuts income tax for some small firms to 20per cent – finance ministry
China will cut income tax for some small firms to 20per cent from 25per cent, the finance ministry said on Friday, as part of steps to ease burdens on small businesses to support the slowing…
Biden to warn Xi that China will pay a price if it supports Russia’s war in Ukraine
US President Joe Biden is expected to tell Chinese President Xi Jinping on Friday that Beijing will pay a price if it supports Russia’s military operations in Ukraine, a warning that comes at a time…
Roundup: Overseas observers see strong rebound in China’s economy in first 2 months
Newly-released economic data for the first two months of this year show China’s economy has recovered better than expected, with strong rebounds seen in key areas. Overseas observers say the Chinese …
If You Think Fertilizer Prices are Bad Now, Here’s Why China Could Make the Situation Even Worse
The fertilizer market has been hit with black swans for nearly a year. And as farmers face anhydrous ammonia prices at $1500 per ton, prices are proof of just how bad the situation has become.
The blockchain projects making renewable energy a reality
Blockchain isn‘t destroying the planet. In fact, it‘s going to play an essential role in helping to bring about a sustainable future. We look at the blockchain projects helping turn the power grid …
See important notes you need to know about CBDC in crypto
A CBDC is a cryptocurrency that central banks distribute for use in lieu of a fiat currency •Nigeria became the first African country to officially launch a digital currency pilot when CBN launched …
Fri. 9:14 a.m.: China weighs exit from ‘zero COVID’ and the risks involved
Even as authorities lock down cities in China’s worst outbreak in two years, they are looking for an exit from what …
