How a digital currency can be backed by gold. The countries with the most gold. Now is the time for investors to acquire gold before the price rises further. Editor’s note: This article was updated…
BUSINESS
Taiwan sends marines to reinforce South China Sea outpost amid reports China plans to practice invading it
Beijing considers Taiwan to be a wayward province that must be returned to the mainland fold — by force if necessary. ( read original story …)
Blockchain in Banking and Financial Services
China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. Enquire for customization in Report @: … ( read original story …)
US stocks climb as investors hang hopes on stimulus progress and US-China trade talks
Treasury Secretary Steven Mnuchin said Tuesday that Democrats and the Trump administration hope to reach a deal by the end of the week. ( read original story …)
Hillhouse-Backed Biotech Firm Jacobio Plans Hong Kong IPO
Jacobio Pharmaceuticals Co., a Chinese biotechnology company focusing on cancer treatments, is planning a Hong Kong initial public offering as soon as this year, according to people familiar with the … ( read original story…
There is still no proof TikTok is spying on you for China
We have never provided user data to the Chinese government, nor would we do so if asked,” a TikTok spokesperson told Business Insider. TikTok itself isn’t present in China, but is the international … (…
Tesla’s Chinese rival Xpeng raises $400 million ahead of U.S. IPO, sources say
Xpeng has confidentially filed for an initial public offering in the U.S., but has not decided which exchange to list on, sources told CNBC. ( read original story …)
China’s services sector expands at slower pace in July – Caixin PMI
Growth in China’s services sector slowed in July from a decade high the previous month, as new export business fell and job losses continued, an industry survey showed on Wednesday, pointing to cracks … (…
China Pursues Economic Self-Reliance as External Risks Grow: Advisers
China is looking to reduce its reliance on overseas markets and technology for its economic development, government advisers say, as U.S. hostility and a global pandemic increase external risks that … ( read original story…
World Brand Lab Released ‘China’s 500 Most Valuable Brands of 2020’ List
World Brand Lab released the “China’s 500 Most Valuable Brands of 2020” list with an analysis report at the World Brand … ( read original story …)
Japan is boosting its ability to defend islands in the East China Sea that Beijing also claims
The East China Sea is home to the contested Senkaku/Diaoyu Islands, where Japan recently reported an extended presence of Chinese patrol ships. ( read original story …)
Class Action Lawsuit Claims TikTok Steals Kids’ Data And Sends It To China
The Trump administration considers TikTok a national security threat because its parent company, ByteDance, is based in China. President Trump said Monday … TikTok’s corporate affiliates and … ( read original story …)
Blockchain Bites: XRP Sales, INX IPO and Bitcoin Mining Woes
China’s bitcoin miners are in a rut, Ripple shows signs of sales growth and INX scaled down its IPO vision. China’s severe flooding, the worst in decades, hasn’t overwhelmingly impacted the bitcoin … ( read…
