HSBC has agreed to buy Citigroup’s consumer wealth business in China as it pushes ahead with its focus on Asian markets.Citi has offloaded the unit for an und …
Featured Posts Title
Why Shenzhen may be first to climb out of China’s property slump
China’s Foreign Minister Wang Yi tells Myanmar leader Beijing will back its security, sovereignty
Photos show China’s automakers unveiling the future of driving at Beijing auto show
A Humanoid Robot Raced In The Beijing Half Marathon And Did More Than Just Win
Get Out There: Beijing: 5 things to know about the bumpy but brilliant Chinese capital
Did China just drop a hint that its next aircraft carrier will be nuclear-powered?
‘We will not survive’: Toyota, Honda and Ford CEOs issue chilling warning about China — and it could hit your portfolio
Recent Posts
HSBC buys Citigroup’s $3.6bn China consumer wealth business
Top 9 Chinese motor vehicles and parts manufacturers
Thirty-four motor vehicles and parts manufacturers were listed on the Fortune Global 500 this year, with the top 3 as Volkswagen, Toyota and Stellantis. Among the 34, nine are from China with BYD …
Beijing is coming for the metaverse
The proposals, drafted by the state-owned telecoms operator China Mobile, floated a “Digital Identity System” for all users of online virtual worlds, or metaverses. They recommended that the digital …
Belt and road: China’s strategic shift bodes ill for developing nations
The third Belt and Road Forum is set for a different atmosphere to the one in 2019 amid changing priorities and a darker global context Developing nations are likely to bear the brunt as China…
US lawmakers want China export bans to include open tech like RISC-V
ASIA IN BRIEF Three members of the US Congress have expressed concerns that the nation’s export controls regime are ineffective because they allow free sharing of open technology with China.… …
A limited export window to China expected again
A global grain and oilseed analyst says the U.S. soybean export window to China, the world’s top soybean importer, might narrow at a quicker pace this marketing year. Brazil remains competitive on the …
Citi Sells Off China Consumer Unit as It Simplifies Its Business
Key Takeaways Citigroup agreed to sell its China unit to HSBC Bank China as it sheds assets to simplify operations.The agreement includes all of Citi’s clients, assets under management, and deposits.The move is part of…
Golden Week Holiday Puts A Dim Shine On China’s Recovery Prospects
China’s national Golden Week Holiday at the start of October provided a bit of a boost to spending but fell short of government expectations. Stocks were subdued in China and Hong Kong Monday …
Metro Bank shares jump after deal to bolster finances
Signage is seen outside of a Metro Bank in London, Britain, May 22, 2019. REUTERS/Hannah McKay/File Photo …
Former Army Intelligence Collector Arrested for Espionage After Allegedly Trying to Share Secrets with China
A former Army soldier who specialized in intelligence collection has been arrested by federal officials on charges that he tried to offer classified information to China, court records show.
FPJ Cyber Secure: Hackers Siphon Over ₹2 Cr; Blockchain Helps Freeze Half Amount
Mumbai: A 28-year-old businessman lost more than Rs 2 crore, including the amount he had received from a foreign investor, to hackers from China and Dubai. The cyber cops have managed to freeze 50% of…
China’s Social Media Pushes Back on Israel’s Online Appeals
The Israeli embassy has disabled social media comments in response to hateful comments by Chinese netizens after the start of Israel’s war against Hamas.
China Refuses To Condemn Hamas As Israeli-Palestinian Conflict Widens
Experts have drawn parallels between Beijing’s position on Hamas’ attack on Israel and Russia’s invasion of Ukraine.
ADVERTISEMENT
