The bitcoin and crypto market has been turbo-charged by the debut of a fleet of bitcoin spot exchange-traded funds (ETFs) on Wall Street this year. The new bitcoin ETFs have raked in billions of …
BUSINESS
Swiss Watch Exports Slump on Lower Shipments to China, Hong Kong
Swiss watch exports fell for just the second time in three years, led by lower shipments to China and Hong Kong, as demand for luxury timepieces cools.
China Evergrande Founder Accused of Exaggerating Revenue by $78 Billion
China’s securities regulator fined the developer’s founder … As chairman of Evergrande, Mr. Hui was in charge of all the company’s real estate business and “instructed other personnel to falsely …
China seen leaving benchmark lending rates unchanged in March
China is widely expected to leave benchmark lending rates unchanged on Wednesday, a Reuters survey showed, as the central bank kept a key policy rate steady last week at a time when the broad economy…
China’s Top Diplomat Wang Yi to Meet With Australian Business Leaders
China’s Foreign Minister Wang Yi will hold closed door meetings with Australian business leaders and policy experts on Wednesday as part of his first visit to the country in more than seven years.
Despite Ban, China-based cryptocurrency investors made $1B in gains during 2023
Despite having a blanket ban on cryptocurrencies, many investors in mainland China were able to earn significant profits, making them achieve some of the biggest gains in the global cryptocurrency …
China Makes Digital Yuan More Accessible to Foreigners
China launched a guide for foreigners to use its digital yuan, aiming to expand its digital payment system globally.
Stake Your Claim: 3 Crypto Miner Stocks to Profit From the Bitcoin Boom
Bitcoin’s (BTC-USD) meteoric rise to new all-time highs shifted attention to crypto miner stocks as cryptocurrency inflows rose. Holding crypto miner stocks is seen as another way to profit from a …
TIMC-driven Modular Blockchain – Axiomesh: Dedicated to Building a New Paradigm of ‘Mass Commercial Adoption’
Axiomesh, an advanced modular blockchain framework, recently announced its groundbreaking initiative to revolutionize the Web3 landscape. At the core of this initiative is the Trusted Inter-Module …
China’s Regulator to Ban Evergrande Chairman From Entering Securities Market for Life
BEIJING (Reuters) – China’s securities regulator has fined China Evergrande Group’s chairman Hui Ka Yan, and plans to ban him from entering the country’s securities market for life over a series of …
Flood of Chinese imports could renew trade tensions, threaten U.S. jobs
China’s output dwarfs its domestic needs — especially with a property bubble weighing on the economy — so prices for its goods are falling. In February, U.S. imports from China cost 3.1 percent less …
This business owner brought most of her manufacturing home from China — and feels punished for it
A Canadian company that manufactures children’s toy couches finds itself facing a high bill for import tariffs after bringing production home to this country even though it’s no longer importing a …
Record Russian Oil Shipments to China Expected in March
According to a report by Bloomberg on March 18, which references data from Kpler, China is poised to hit a new high in Russian oil imports during March. A Reuters article from January 2024 mentioned…