The only “winner” from a possible all-out trade war between the West and China will probably be the U.S. dollar. Uncertainty around global trade policy is the highest since 2018-2019 when clashes …
BUSINESS
India Issues Veiled Warning to China; Starts Investigation in Glass Fiber Imports
Understanding Glass Fiber and Its Uses. Glass fiber, also known as fiber glass, is a versatile material known for its strength, lightweight nature, and ability to be molded into v …
Alibaba’s Fintech Arm Ant Digital Expands Capital for Blockchain Push
Alibaba’s fintech arm, Ant Digital, increased funding for its blockchain subsidiaries by expanding its registered capital.
CertiK Leverages Alibaba Cloud for Enhanced Blockchain Development in Asia
Blockchain security firm CertiK has partnered with Alibaba Cloud, the cloud computing subsidiary of Chinese e-commerce giant Alibaba.
NewsBriefs – Ant Group boosts blockchain subsidiary capital amid China’s crypto restrictions
Ant Digital Technologies, the blockchain division of Alibaba’s Ant Group, has significantly increased the registered capital of its subsidiaries, Ant Blockchain Technology (Shanghai) and Ant Chain …
China sets up new state body to drill deep for oil and gas reserves
China is setting up a new entity that groups national oil producers and other state firms to search for ultra-deep oil and gas reserves and tackle harder-to-extract non-conventional resources, state …
China refines financial stability law to strengthen risk prevention
China’s new financial stability law draft bill improved provisions on financial risks prevention and control, according to draft revisions released on Monday. Revisions to the draft bill underwent the …
Beijing bleeding mobile phone exports as India captures 50% of fall in shipment from China, Vietnam
The combined reduction in exports from both countries totalled $9.4 billion. In contrast, India’s mobile phone exports rose from $11.1 billion in FY23 to $15.6 billion in FY24, a $4.5 billion increase …
China Dangled Rebates to Lure People to Spend. It’s Not Enough.
China’s leaders vowed to kick-start spending by offering subsidies for households to buy cars and appliances. But many consumers aren’t biting.
Vast and eager market for durians in China, says Mohamad Sabu
Malaysia is focussing on China to export fresh durians because there is a vast market and interest there for the king of fruits, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.
China’s Top Builders See Sales Jump 36 percent in June
Nearly 60 percent of the top 100 builders increased their monthly sales in June, while almost 30 percent achieved annual growth, according to data from Shanghai Yihan Business Consulting.
China warns citizens to stop posting info about spy satellites on social media
Plus: Singapore launches global regulatory blockchain; China gets new SciTech boss; India spectrum auction fizzles …
Asia markets mixed as China manufacturing contracts again, Japan business confidence at 2-year high
Investors in Asia are coming off a positive inflation report in the U.S. last week, and will assess business data from the region.
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