FRANKFURT: German Finance Minister Christian Lindner voiced concern on Wednesday (Apr 6) over his country’s heavy reliance on trade with China, saying Europe’s top economy needed to “diversify” its …
Monthly Archives For April 2022
China state refiners shun new Russian oil trades
Chinese state refiners are complying with existing contracts with Russian oil refiners but are currently avoiding any new contracts.
How China’s Top Quants Bought the Dip When Everybody Panicked
(Bloomberg) — When China’s stock market plunged last month, one of the nation’s biggest algorithm-driven hedge funds says it bought the dip. Most Read from Bloomberg U.S. Drones for Ukraine Will …
China stresses adherence to ‘dynamic clearance’ COVID-19 policy
China will adhere to its dynamic zero-COVID approach as local infections are surging, a spokesperson for the NHC said at a press conference in Beijing on Wednesday.
China stops separating families under COVID lockdown amid outcry
COVID” policies came as China’s largest city struggled to contain the virus, reporting another record number of new cases.
Taiwan Vows to Defend Itself After U.S. Approves Arms Sales to Deter China
Taiwan says it’s determined to defend itself against China’s “military expansion” after the Biden administration approved another round of arms sales to the island to bolster its missile deterrent.
China to Set Up Fund to Rescue Troubled Financial Firms
China will set up a fund to provide support to troubled financial firms as risks to the economy grow. The stability fund will be set up with capital from financial institutions and get liquidity …
Bitcoin conference 2022 LIVE – Miami crypto event with a ‘Shark Tank’ starting TODAY as price down in early trading
Jennifer Korn Today, 05:30 China’s crackdowns on crypto While crypto creation and trading have been illegal in China since 2019, further crackdowns this year by Beijing warned banks to halt related …
China calls Bucha killings ‘deeply disturbing,’ urges investigation: LIVE UPDATES
The U.S. and its allies plan to add additional sanctions on Russia over evidence that civilians have been intentionally killed in Bucha, Ukraine and other cities.
Hackers Stole More Than $600 Million in Crypto. Laundering It Is the Tricky Part.
The transparency of cryptocurrency leaves thieves with limited options for laundering the funds.
Tesla, BMW shutdowns in China drag on; microchips pile up as lockdowns continue
Tesla told some suppliers and workers that its Shanghai factory — which has been shuttered since the city went into a phased lockdown on March 28 — will remain closed at least through Thursday.
Tesla, BMW production halts linger, microchips pile up as China lockdowns continue
Tesla told some suppliers and workers that its Shanghai factory — which has been shuttered since the city went into a phased lockdown on March 28 — will remain closed at least through Thursday.
China’s widening COVID-19 curbs exact mounting economic toll
SHANGHAI: China’s top European business group warned on Wednesday (Apr 6) that its “zero-COVID” strategy was harming the attractiveness of Shanghai as a financial hub, echoing analysts voicing caution …