OCBC and Ant partnered to streamline cross-border fund settlements using tokenised deposits and leverage advanced encryption and AI.
Monthly Archives For November 2024
China Export Growth Jumps to 27-Month High as Tariff Risks Loom
China’s export growth surged in October to the fastest since July 2022, extending a months-long boost to the economy that may be jeopardized by Donald Trump’s election and his tariff threats.Most Read …
China’s October iron ore imports stay elevated on improved steel margins
BEIJING (Reuters) -China’s iron ore imports in October climbed by 4.48% from the prior year, official data showed on Thursday, as steelmakers’ margins improved thanks to Beijing’s massive economic …
Why China’s economy is more vulnerable to Trump tariffs this time
China may be able to boost external sales in areas where its … the analysts calculated – levels unseen since the 1990s Asian financial crisis. Worried about capital outflows, authorities tried to …
China’s central bank head pledges to implement supportive policy
China will continue to implement a supportive monetary policy to help promote sustained economic recovery, Pan Gongsheng, governor of the People’s Bank of China, said in remarks published on Thursday.
China’s Oct exports soar past forecast as trade war with West looms
BEIJING (Reuters) – China’s outbound shipments grew at the fastest pace in over two years in October as manufacturers rushed inventory to major export markets in anticipation of further tariffs from the U.S. and the…
China Tells Banks to Cut Interbank Deposit Rates to Boost Growth
Chinese regulators told the nation’s banks to lower rates they paid to deposits from other financial institutions to free up funds to boost the economy, according to people familiar with the matter.
China’s Oct exports soar past forecast as trade war with West looms
BEIJING (Reuters) – China’s outbound shipments grew at the fastest pace in over two years in October as manufacturers rushed inventory to major export markets in anticipation of further tariffs from the U.S. and the…
Burger King parent Restaurant Brands misses sales estimates on muted demand
Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China and the Middle East.
China’s exports grew 12.7% in October in fastest pace in over two years
China has reported its exports rose 12.7% in October from a year earlier, the fastest growth in more than two years.
China Survey Says Up to 30% of Adults Felt Long Covid Symptoms
Up to three in every 10 Chinese adults experienced long Covid symptoms in a survey of more than 70,000 residents, offering rare insight into the scale of lingering issues plaguing the country’s 1.4 billion people…
Chinese exports soar as Beijing prepares for renewed trade tensions under Donald Trump
China could respond to aggressive new tariffs with bigger stimulus action or currency depreciation, say analysts
China’s exports to Russia grow at quickest pace in 11 months
China’s exports to Russia in October rose 24.4% from a year earlier, the fastest pace since November last year, Chinese customs data showed on Thursday, as Beijing affirmed strong ties with Moscow.
