China’s crude oil imports dropped to their weakest in four months in November, showing how high prices trumped bullish demand forecasts from leading industry participants such as OPEC and the …
BUSINESS
China’s sportswear giant Li-Ning buys Henderson Land’s Harbour East for US$282 million to house its Hong Kong headquarters
Li-Ning, China’s biggest sportswear manufacturer, bought a 25-storey mixed office and retail building in North Point from Henderson Land for HK$2.2 billion (US$282 million), to house its headquarters …
Crypto exchange HTX hit by $346 million outflow in wake of hack
MUMBAI – The HTX exchange, a digital asset trading platform linked to China-born industry mogul Justin Sun, has suffered a US$258 million (S$346 million) net outflow since resuming operations after …
As Xi visits, China offers rail grants to Vietnam, pushes Digital Silk Road
China and Vietnam are set to agree this week on upgraded rail links and other infrastructure, possibly including digital projects, officials said, in moves that would bring Hanoi closer to Beijing as …
China Box Office: ‘The Invisible Guest’ Opens on Top, While ‘Wonka’ Wilts and ‘Migration’ Misses Out
Two Hollywood films “Wonka” and “Migration” opened in Chinese cinemas over the latest weekend. But neither did enough business to appear among the box office top five. Instead, the weekend crown went …
China disinflation worsens in Nov as CPI hits 3-year low; Stocks tumble
Investing.com– China’s disinflationary trend worsened in November, data showed over the weekend, with consumer prices falling at their fastest pace in three years, while producer prices remained in …
China — irresistible market for pharma MNCs
For multinational corporations in the pharmaceutical industry, the humongous China market has been an indispensable part of their global plans for decades — and this factor is becoming even more …
Zetrix and Beitou Launch Digital ID & Driver’s Licence Services on Blockchain
Zetrix, a layer 1 public blockchain platform, today announced the launch of its groundbreaking Digital Credentials platform, ushering in a …
Crypto Exchange HTX Hit by $258 Million Outflow in Wake of Hack
(Bloomberg) — The HTX exchange, a digital-asset trading platform linked to China-born industry mogul Justin Sun … HTX said it lost $30 million worth of crypto tokens in the breach and temporarily …
MyEG’s Zetrix introduces digital ID, driving licence in China
MyEG Services Bhd’s blockchain platform Zetrix has introduced its latest digital qualification platform that offers Chinese citizens the option to digitise their identification card and driving …
China’s central bank escalates USD exodus in the market
China’s latest financial maneuver marks a significant shift in global currency dynamics, as the country’s Central Bank actively offloads the US dollar in the …
Singapore and China launch Digital Yuan pilot for tourist transactions
Singapore and China have initiated a cross-border pilot program for the use of China’s central bank digital currency (CBDC), the digital yuan. This …
Asia’s hottest crypto stories of the week
Asia’s dynamic crypto market continues to evolve with developments that are as diverse as they are intriguing. This week, we’ve witnessed a blend of regulatory maneuvers, ambitious green finance …
