Ant Group, which won one of two wholesale banking licences in Singapore, wants to expand in Southeast Asia, South Asia, Africa and the Middle East, say sources. ( read original story …)
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Ant Group wins Singapore digital wholesale banking licence
Singapore’s four new digital bank licences embrace Chinese and home-grown potential
China has done very well out of Singapore’s new digital banking regime, with Ant and Tencent both represented. Grab and Singtel fly the local flag. ( read original story …)
Grab-Singtel and Ant Group win digital bank licenses in Singapore
Singapore on Friday granted four firms including Ant Group and Grab the licenses to run digital banks in the Southeast Asian country, in a move that would allow tech giants to expand their financial ……
Norway Central Bank Deputy Governor Resigns Over China Ties
The deputy governor of Norway’s central bank, which oversees the world’s biggest sovereign wealth fund, is stepping down immediately after failing to get security clearance due to his ties to China. ( read original story…
China’s Tmall Embraces U.S.-Made Hemp Beauty Line Hempathy
This is not another CBD brand. Hempathy is the first U.S.A. pure hemp-seed oil beauty brand to launch in China,” says Drake … ( read original story …)
China conducting biological tests to create super soldiers, US spy chief says
Intelligence director John Ratcliffe claims human testing aims to develop soldiers with ‘biologically enhanced capabilities’ … ( read original story …)
As China nears a coronavirus vaccine, bribery cloud hangs over drugmaker Sinovac
CEO gave cash bribes to a Chinese drug regulatory official for nine years, aiding the company’s climb to the top of the country’s vaccine industry, court records show. ( read original story …)
China’s ‘Vaccine Diplomacy’ Begins as Shots to Be Rolled Out in Turkey, Latin America
A Chinese coronavirus vaccine is set to be rolled out in Turkey later this month, with some Latin American country also in line to receive COVID-19 shots developed in the East Asian nation over the…
China becomes second nation to plant flag on the Moon
China has planted its flag on the Moon, more than 50 years after the US first planted the Stars and Stripes there. The pictures from China’s National Space Administration show the five-starred Red … (…
China’s CNOOC says ‘shocked, regretful’ over being added to U.S. blacklist
China National Offshore Oil Corp (CNOOC) said on Friday it was “shocked and regretful” to learn it had been added to a U.S. blacklist of companies with alleged ties to the Chinese military by the…
Singapore to have 4 digital banks, with Grab-Singtel and Sea getting digital full bank licences
Digital banks will not have a physical presence and all banking services will be done online.. Read more at straitstimes.com. ( read original story …)
Norway’s central bank deputy governor Jon Nicolaisen resigns over China ties
Norway’s deputy central bank governor with responsibility for the world’s largest sovereign wealth fund has been forced to resign due to security concerns over his Chinese wife. Jon Nicolaisen, who … ( read original story…
US discussing ‘deal’ allowing Huawei’s CFO to return to China
The US Department of Justice is discussing a deal with Huawei Technologies chief financial officer Meng Wanzhou that would allow her to return home to China from Canada, where she was arrested on a US…
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