Hong Kong and China stocks are set to open lower on Monday, after a new cluster of Covid-19 infections in Beijing raised concerns over a second wave of coronavirus in the country. The Hang Seng…
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China’s industrial profit growth quickens even as Iran war heightens risks
China industrial profits jump 15.8% in March despite Iran war oil disruption
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Hong Kong, China markets brace for impact from new coronavirus cluster concerns in Beijing
Aussie and kiwi down early after new virus cases in Beijing
The Australian and New Zealand dollars fell against their U.S. counterpart on Monday after fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk. ( read original…
The Latest: China’s capital re-institutes virus measures
China has reported 49 new confirmed coronavirus cases as the capital Beijing re-instituted measures to contain a new outbreak … ( read original story …)
China’s Tech Champions Have Big Homegrown Problems
VCG/Visual China Group via China has big plans for its technology industry, vowing to spend an estimated $1.4 trillion over six years to roll out everything from 5G mobile networks to artificial … ( read…
Bitcoin Daily: Xapo Stops Credit Payments For Crypto; Former CoinFlux Owner Pleads In Crypto-Laundering Case
Xapo, a crypto wallet, will no longer deal in credit card payments for digital asset purchases and will implement new restrictions on bank transfers. ( read original story …)
China reports 49 new COVID-19 cases for June 14; 36 in Beijing
Mainland China reported 49 new confirmed COVID-19 cases for June 14, down from 57 a day earlier, the national health authority said on Monday. ( read original story …)
Why China Is Missing Out on Trillions in Sustainable Investment
(Bloomberg) — Every Thursday at 9:00 p.m. for the past two years, around a dozen Chinese finance veterans and regulators have held a video call to talk about pushing the nation’s companies to meet ……
Crunch time for China’s robot startups as pandemic brings pain and opportunities
But in China, months ahead of many countries in reopening its economy and the world’s biggest market for industrial robots, new business seems largely limited to robots for warehouses and disinfecting … ( read original…
China Southern Airlines flight from Dhaka to Guangzhou suspended over COVID-19 cases
A China Southern Airlines flight from Dhaka to Guangzhou will be suspended for four weeks from June 22 due to concerns about COVID-19 infections, China’s aviation regulator said on Sunday. Seventeen p … ( read…
Asia stocks set to slip as virus fears resurface; China’s industrial production data ahead
Stocks in Asia were set to decline at the open on Monday as fears resurface over the coronavirus pandemic. On the economic data front, a slew of Chinese economic data for May is set to…
Coronavirus live news: Beijing enters ‘extraordinary period’ as it races to contain new Covid-19 outbreak
WHO warns UK not to lift lockdown; Iran deaths top 100 for first time in two months; cases worldwide near 7.9m. Follow the latest updates … ( read original story …)
Chinese Banks Says They Will Not Freeze Legal Crypto Accounts
Chinese banks are clarifying that they are not shutting down any legal crypto accounts. Rumor has it that Chinese banks are freezing client accounts that have a history of buying and selling … ( read…
Ferrexpo: A Rare Beneficiary Of The Corona Crisis
Ferrexpo is an iron ore mining company with assets in Ukraine and based in Switzerland. The UK-listed stock surpassed pre-crisis levels but is still very cheap … ( read original story …)
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