Restricted access by offshore users comes as China sharpens its focus on data usage and security amid rising geopolitical tensions and concerns about privacy.
FINANCE
Ant’s Financial License Is in Limbo as China Shakes Up Regulatory System
The fintech giant has been waiting for more than a year for Beijing to sign off on its restructuring.
US banking crisis pushes gold close to all-time high
The latest leg of a banking crisis, in which regional US bank PacWest said it was exploring potential sales to secure its future, pushed trading in gold futures on the Comex exchange to match its…
India-China border stable; Chinese Finance Minister to S Jaishankar
Qin Gang was in talks with External Affairs Minister, S. Jaishankar at Benaulim in Goa on the sidelines of the SCO Foreign Ministers on Thursday..S Jaishankar. Chinese Finance Minister. India-China …
Yen set to snap 3-week losing streak on bank jitters, dollar slips
Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration …
Beijing takes the yuan global in bid to repel a weaponised dollar
BEIJING: China is putting the yuan front and centre in its fight back against the United States’ unique influence over global money.
Rise of green finance creating big need for ESG investing talent: Experts
China’s fast-growing green finance market has been spurring the demand for environmental, social and governance — ESG — investing talent, said Paul Moody, managing director of global partnerships and …
Asia markets to fall as Wall Street marks four-day losing streak on banking woes
Asian markets are lower as banking fears reignited on Wall St, sending all three major indexes down for a fourth day.
Expert: Rise of green finance creating big need for ESG investing talent
China’s fast-growing green finance market has been spurring the demand for environmental, social and governance — ESG — investing talent, said Paul Moody, managing director of global partnerships and …
China Bank profit rises to P5 billion in Q1
Earnings of China Banking Corp. inched up by three percent to P5 billion in the first quarter of the year from P4.9 billion in the same quarter last year, driven by robust asset base expansion,…
Intel chief says China and Russia will likely use a U.S. debt default to portray Washington as chaotic
leading to volatility in currency and financial markets and commodity markets that are priced in dollars,” Haines said. Asked if China would try to exploit a U.S. debt default through misinformation …
The US and China are on a collision course that will worsen the geopolitical economic depression, ‘Dr. Doom’ economist Nouriel Roubini warns
US-China relations are on a slow-motion collision course – and it’s set to worsen a “geopolitical depression” that threatens huge economic and financial consequences, according to “Dr. Doom” economist …
China’s top financial data provider restricts offshore access due to new rules
HONG KONG, May 4 (Reuters) – China’s biggest financial data provider Wind Information Co told some customers late last year that it was restricting offshore users from accessing certain business and …