The new rules will require licenses for U.S. companies to sell certain items to military entities, even if they are for civilian use, and do away with a civilian exception that allows certain U.S. (…
FINANCE
China Asks Banks to Halt New Sales of Products That May Lead to Unlimited Losses: Sources
China Banking and Insurance Regulatory Commission (CBIRC) gave verbal instructions to banks to halt new sales of products that could trigger open-ended losses for investors, and requested reports on … ( read original story …)
KFC serving plant-based chicken in China after US debut
The chicken chain is partnering with U.S food giant Cargill to debut its nuggets at participating stores in Shanghai, Guangzhou, and Shenzhen. ( read original story …)
U.S. proposes new restrictions on certain exports to China — filing
The U.S. Department of Commerce on Monday proposed rule changes that would impose new restrictions on certain exports to China, according to a government filing. The department also amended a rule … ( read original…
PSD2 And Finance Software Solutions Market Segments, Opportunity, Growth And Forecast By End-Use Industry 2020-2027
The Global PSD2 And Finance Software Solutions Market Perspective, Comprehensive Analysis along with Major Segments and … ( read original story …)
The Finance 202: Joe Biden blasts big banks, corporate America over coronavirus response
Joe Biden is putting big banks on notice. The presumptive Democratic nominee accused major financial institutions of favoring their big corporate clients in handing out taxpayer-backed loans intended … ( read original story …)
China’s Biggest Bank Halts Retail Products in Commodities
Industrial & Commercial Bank of China Ltd., the nation’s largest lender, suspended sales of more products that allowed retail investors to speculate on swings in commodities after many were burnt by … ( read original…
China Literature Limited Announces the Change of the Management Team
China Literature Limited (“China Literature” or the “Company”, together with its subsidiaries, the “Group”, stock code: 0772.HK), a leading online literature platform in China, announced changes to … ( read original story …)
China’s Biggest Bank Halts Swath of Commodities Retail Products
Industrial & Commercial Bank of China Ltd., the nation’s largest lender, suspended sales of more products that allowed retail investors to speculate on swings in commodities after many were burnt by … ( read original…
China says no information to offer regarding N.Korea leader Kim
China’s foreign ministry said on Monday it has no information to offer regarding North Korean leader Kim Jong Un, amid conflicting reports and speculation about his whereabouts and medical condition. ( read original story …)
India, China may escape recession this year despite coronavirus
While most countries are likely to go into recession, India and China are expected to record positive growth (this financial year … to be among the most affected amid a reduction in consumer … (…
Markets Brush Aside China Data as Plans to Ease Lockdown Measures Sink the Dollar
Weekend updates supported government plans to ease lockdown measures, which weighed on the Greenback early on. Stats are light … ( read original story …)
Asian markets gain after Japan central bank boosts aid
Asian stock markets gained Monday after Japan’s central bank promised more asset purchases to shore up financial markets as investors look to central bankers to support the struggling global economy. ( read original story …)
