China will further crack down on illegal activities in the shadow banking sector as part of efforts to contain financial risks, the country’s top banking authority said on Tuesday. The China Banking … ( read…
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U.S. rejects Beijing’s claims in South China Sea
Posted . The Trump administration piled pressure on China Monday – rejecting nearly all of Beijing’s territorial clai … ( read original story …)
China Says Unofficial Hong Kong Primaries Challenge Beijing’s New Powers
Beijing officials said a round of legislative primaries held by Hong Kong’s political opposition over the weekend “bllatantly challenges” a new national security law, as pro-democracy candidates are … ( read original story …)
U.K. to Ban Huawei From Its 5G Networks Amid China-U.S. Tensions
The British government said it would bar telecom companies from purchasing new equipment made by China’s Huawei and gave them until 2027 to remove its technology from their 5G wireless networks, a … ( read…
How Blockchain Will Bridge Consumption To Consciousness In The Jewelry Industry
As the diamond industry re-emerges from the COVID-19 shutdown, Everledger CEO Leanne Kemp urges business leaders to widen their perspective on what really matters to consumers. ( read original story …)
Iconix Brand Group Is Open to Selling Itself as It Looks to Tidy Balance Sheet
Iconix Brand Group Inc. has opened itself up to a sale. The New York-based brand management house, parent to brands such as Rocawear, Pony, Danskin and Joe Boxer, informed the Securities and Exchange … (…
U.S. Shift in South China Sea Raises Risk of Clash on the Water
The Trump administration’s move to brand most of Beijing’s claims in the South China Sea a violation of international law doesn’t mean much on its own: China has repeatedly refused to acknowledge the … (…
First companies obtain regulatory approval for IPOs under new ChiNext system
Three Chinese companies have become the first to obtain regulatory approval to publicly list on Shenzhen’s start-up board ChiNext, after a recent reform aimed at fast-tracking initial public offerings … ( read original story …)
Russia, China Forge Uneasy Anti-U.S. Relationship Amid COVID-19
Presidents Vladimir Putin and Xi Jinping have been publicly drawing closer during the COVID-19 pandemic, but deep issues remain that will hamper the development of a unified anti-Western bloc. ( read original story …)
Futures rise with bank earnings in focus
U.S. stock index futures rose on Tuesday as investors geared up for quarterly earnings reports from the big U.S. banks to provide clues on corporate America’s expectations for the pace of an economic … (…
China posts first import growth since pandemic, exports also up
Exports also rose unexpectedly, up 0.5%, suggesting global demand is starting to pick up again as many countries begin to ease tough anti-virus measures that have pushed the world’s economy into its … ( read…
Dow Jones: Trump Administration Rejects Beijing’s South China Sea Claims; China To Sanction Lockheed Martin, Covid-19 Stock Rally Soars
The S&P 500 and the Dow futures are also under the influence of the news that the Trump administration has further escalated the already existing tensions with China. ( read original story …)
Japan accuses China of spreading ‘propaganda’ and ‘disinformation’ during coronavirus pandemic
The ‘disinformation’ from China included online claims that the virus was brought to the country by a US military member and that Chinese herbal remedies could treat the disease, Japan claimed. ( read original story…