Alicia Yap, head of Pan Asia internet research at Citigroup Inc., talks about the upcoming Hong Kong trading debut of China’s No. 2 online retailer JD.com Inc. The company, which is already listed on … (…
FINANCE
Investment in Israeli financial tech firms doubled in 2019
Investments in Israeli financial technology firms rose 107% in 2019 to a record $1.8 billion, according to a report released on Wednesday by Start-Up Nation Central. TEL AVIV, June 17 (Reuters) – … ( read…
China’s Great Firewall Looms Over Hong Kong As Surveillance Grows
Hong Kong, already grappling with tightened policing to rein in widespread protests that followed last year’s proposed extradition bill, is now bracing for the prospect of stricter digital controls — … ( read original story …)
Beijing Reports 31 New Cases; Japan Export Slumps: Virus Update
Beijing has ordered all schools to close and imposed restrictions on visits to all residential compounds in an escalation of measures to halt a fresh outbreak. The Chinese capital city reported 31 … ( read…
China Stock Market May See Continued Strength
Among the actives, Industrial and Commercial Bank of China climbed 1.15 percent, while Bank of China advanced 0.87 percent, China Construction Bank collected 0.64 percent, China Merchants Bank jumped … ( read original story …)
China’s economy may grow 3% in 2020, government researcher says
China’s economy may grow 3% this year as the government ramps up policy support, said Zhang Ming, a researcher at the Chinese Academy of Social Sciences, a top government think tank. ( read original story…
Testing Tradition, Trump Taps US Official to Lead Latin Bank
The Trump administration plans to nominate its top White House official for Latin America to lead the Inter-American Development Bank. ( read original story …)
Why Goldman Is Siding With China on This Huawei Play
Analysts are split over the future of SMIC, a semiconductor foundry that supplies the tech giant. So far, the believers are winning. ( read original story …)
How does China’s people-centric approach work?
China has pledged to eliminate poverty and complete the building of a moderately prosperous society this year, according to a government work report submitted to the third session of the 13th National … ( read original…
Trump administration nominates American to head Inter-American Development Bank, breaking with tradition
The Trump administration said Tuesday it will nominate Mauricio Claver-Carone, the current head of Western Hemisphere affairs at the National Security Council, as president of the Inter-American … ( read original story …)
Brazil 5G tender cannot be swayed by debates over China, says house speaker
A fifth-generation (5G) telecoms tender in Brazil should not be contaminated by ideological battles with China and more competition will lead to better prices for consumers, the head of the lower … ( read original…
Coronavirus speeds up American suppliers’ exodus from China
Seventy-six percent of U.S. CFOs with production in China say at least some manufacturing will shift out of the country. ( read original story …)
Coronavirus latest: Beijing describes new outbreaks in the city as ‘very severe’
ECB’s Fabio Panetta says the governing council ‘if necessary’ will discuss purchasing bonds that have lost their investment grade rating, a drop in demand for oil looks set to last into 2021 and econo ……
