China’s central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency.
BUSINESS
China’s Dec exports likely gained momentum ahead of tariff uncertainty: Reuters poll
China’s exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ahead of U.S. President-elect Donald Trump’s return to the White House …
China’s SAIC to deepen cooperation with CATL on battery, overseas expansion
Chinese automaker SAIC said on Friday that it will deepen cooperation with electric vehicle battery giant CATL in areas including the battery after market for parts and components and overseas …
Crypto is Booming in China as Asia Leads with 60% of Global Users
Asia leads global crypto adoption with 60% of users, driven by booming markets in China and Singapore’s payment innovations.
Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express
China banker says Trump’s Bitcoin plan contradicts his US dollar dreams as Hong Kong busts tech savvy pig butchers. Asia Express …
Why Close Trade Partners China and Japan Can’t Get Along
China and Japan are two of Asia’s most powerful nations and the region’s biggest trading partners. Yet centuries of intense rivalry mean their economic embrace can never be taken for granted. Disputes …
Why China is likely to import less crude from Saudi Arabia in February?
China is set to import less crude oil from Saudi Arabia on a month-on-month basis in February after the Kingdom hikes prices for exports to Asia, according to a Reuters report. Saudi Arabia, and the…
Businessman loses EPF savings and loans to IPO scam
A businessman who was hoping that his stock investments would pay off is now in financial ruin after falling victim to an overseas online scam.
Trump tariffs will probably be 20% on most Chinese imports, not 60%: Goldman Sachs
Despite US president-elect’s vow of high duties across the board, firm’s chief economist forecasts only key goods will face 60% rate.
China ex-banker bashes Trump’s Bitcoin policy, deepfake scammers busted: Asia Express
China banker says Trump’s Bitcoin plan contradicts his US dollar dreams as Hong Kong busts tech savvy pig butchers. Asia Express …
Smithfield relisting serves up IPO risk with a side of bacon
WH Group’s move to offload US pork producer exposed to slowdown in China, Trump tariffs and a taste for fresh meat …
Cryptohack Roundup: Kwon’s Trial, China’s Blockchain Plan
This week, include Do Kwon’s trial, penalty on a Siberian firm over illegal crypto mining, 2024 drainer attack statistics, US bank regulator’s crypto stance, …
China’s Tech-Savvy Youth Drives Global Demand for Blockchain Apps, Despite Restrictions
China’s massive, young, and tech-savvy population still drives global demand for blockchain applications despite strict regulatory restrictions.
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