The European Union agreed on Wednesday to slap Russia with a new round of sanctions, which for the first time target companies in mainland China suspected of helping the Kremlin get hold of forbidden …
BUSINESS
Letter of Credit Confirmation Market Report 2024-2028, 2033: Digital Transformation, Blockchain Adoption, and Collaboration Driving Worldwide Growth
Blockchain technology streamlines and secures international … The countries covered in the letter of credit confirmation market report are Australia, Brazil, China, France, Germany, India, Indonesia …
China’s largest banks stop servicing sanctioned Russian companies
China’s major banks, specifically the Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), and Bank of China, have ceased to accept payments from Russian financial …
China’s biggest banks are finally getting scared by the West’s sanctions against Russia
Chinese banks are tightening compliance checks with Russian businesses as they fear getting caught up in secondary sanctions.
Ex-Business Partner Claims Joe Biden Compromised by China
Joe Biden faces escalating challenges as Anthony Bobulinski, a former business partner of Hunter Biden, testifies about the Biden family’s dubious business dealings, particularly with CEFC China …
Quant Hedge Funds Face China Clampdown After Rare Account Freeze
China’s two main stock exchanges vowed to tighten supervision of quantitative trading after freezing the accounts of a major fund for three days in an unusually harsh punishment.Most Read from Bloombe …
China Tightens Quant Trading After Freezing Big Fund’s Accounts
(Bloomberg) — China’s two main stock exchanges vowed to tighten supervision of quantitative trading after freezing the accounts of a major fund for three days in an unusually harsh punishment. Most …
Daybreak Podcast: China Freezes Quant Fund After Selling
China freezes a quant fund after rapid selling. HSBC earnings are due today. Jane Fraser earns a pay rise. Richard Macauley hosts. For all these stories and more, open Daybreak on your device or …
Australian writer Yang says he won’t appeal China death sentence
Yang’s family and friends said they supported his decision to waive the right to appeal, according to a statement released Wednesday, citing their distrust of China’s legal system and the imprisoned …
China Restricts Quant Fund Lingjun in Effort to Boost Market
One of China’s biggest quant funds, Lingjun manages more than 60 billion yuan, the company says on its website.
Alibaba is the ultimate contrarian China bet
Rising U.S.-China tensions have made investors wary of companies that straddle the divide like Alibaba, whose shares are listed in Hong Kong and New York. Alibaba’s initial response was to break …
Is China finally going to tackle its biggest problem?
While there are no easy solutions to problems that have some structural elements to them, this is the year when China’s authorities will have to at least make some meaningful progress in tackling them …
Why U.S. Imports From Mexico Surpassed Those From China
New U.S. Census Bureau data shows the United States importing more goods from Mexico than from China. Will the shift change the global trading landscape?