FTX is one of the world’s largest crypto companies, valued at around $18 billion and run by Sam Bankman-Fried, one of the world’s wealthiest young people. Simultaneously, many major financial …
Monthly Archives For March 2022
Hong Kong’s Disastrous COVID Response Is Another Cost of Pleasing China
After two years of controlling the coronavirus pandemic with stringent border restrictions and social distancing measures, Hong Kong’s zero-COVID policy has collapsed under the weight of the omicron …
Daily Update: China’s Evolving Role in International Trade
Today is Wednesday, March 9, 2022, and here’s your curated selection of essential intelligence on financial markets and the global economy from S&P Global. Subscribe to be notified of each …
Payments face the prospect of a decentralized, blockchain-based future
Despite the current financial turmoil, proponents of de-dollarization still have a mountain to climb. But blockchain and digital currencies could put their goal within eventual reach.
From digital dollar to tackling illegal activity: Here’s what’s in Biden’s executive order on crypto
U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies. It’s a long-awaited directive that has had the crypto …
MPA CEO on Dealing with China, Pandemic Headaches, and State Incentives and Boycotts
Charles Rivkin has an enviable view. From his desk in the Motion Picture Assn. offices, Rivkin can look out at the White House, a reminder of the proximity to power that comes with being …
Increased Investment in the Textile Industry to Extend the Scale of Production Is Majorly Boosting the Textile Raw Material Market in China
“China Textiles Market Data Review”Rapid Urbanization, Increase in Disposable Income and the Rapid Developments in the Textile Sector in China Have …
Disney Shareholder Proposal On Human Rights Highlight Company’s Complicity in China Genocide
National Legal and Policy Center will present a resolution at The Walt Disney Company’s annual shareholder meeting that would require an annual report on the company’s efforts to determine human …
Beijing Winter Paralympics Alpine skiing competitions rescheduled
The remaining Alpine skiing competitions of Beijing 2022 Paralympic Winter Games have been rescheduled to reduce the risk of snow melting, an official statement said on Wednesday. “Due to high …
Caution needed in examining metaverse, advisor says
A visitor (right) tries metaverse games at the 2021 International Digital Technology Exhibition and Tianyi Intelligent Ecological Expo in Guangzhou, Guangdong province, on Nov 11. [Photo by Li …
Aligning U.S.-Israeli Cooperation on Technology Issues and China
In recent years, the alliance’s highlights have included close cooperation on counterterrorism and intelligence, as well as deepening economic ties, technological cooperation, and mutual knowledge …
China lawmakers have West’s decline on their minds at ‘two sessions’
China’s annual government report skipped any mention of the United States, but Washington and its allies are definitely on the minds of the Chinese lawmakers meeting in Beijing this week. While …
China to further ease tax burden for small & medium-sized firms
China’s income tax reforms in recent years have cut costs of small & medium-sized enterprises, which improved their ability to hedge risks as well as spend more on research and development.