BEIJING/SHANGHAI (Reuters … International trade is also facing disruption. A Royal Bank of Canada study found a fifth of the global container ship fleet was stuck in ports.
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China’s PBOC Pledges Policy Support to Counter Pandemic Woes
to provide a fair monetary and financial environment,” the People’s Bank of China said in a statement on Wednesday. It did not detail what measures it could take. Financing institutions should aim …
Some in Shanghai get out for a rare stroll; Beijing tightens Covid-19 curbs
Beijing, hoping to avoid Shanghai’s anguish, is banking on mass testing to find and isolate infections, as well as targeted closures of businesses and residential buildings. The capital of 22 million …
Nomura doubles down on China, ESG
Nomura has named three new managing directors across its China business as part of its strategy to bolster its presence in the market. Sheng Wu has joined the Japanese bank as MD and vice chairman…
China’s tech giants are having FOMO on NFTs
In mid-April, a group of industry associations in China issued a warning against the potential financial … NFTs must not be traded with cryptocurrencies, said the country’s banking, internet finance …
REFILE-WRAPUP 1-Beijing curbs public transport as COVID spreads in China
* Beijing shuts more than 40 metro stations, 158 bus routes * Zhengzhou to enforce strict COVID curbs in coming week * Shanghai finds it difficult to exit month-long lockdown BEIJING/SHANGHAI, May …
Beijing closes 40 subway stations and 158 bus routes in an effort to stop the spread of coronavirus. 51 new cases today
Stocks moved between … Australian retail spending and home loans have been released. Weather and fuel price effects were expected to weigh on Retail Sales in March while housing finance approvals …
In the News: Beijing Robotaxi Permits: China IP Criticism; and BlackRock Pensions Product
The Beijing municipal government has gradually expanded the permits … On April 25, BlackRock CCB Wealth Management, a joint venture between BlackRock and China Construction Bank, announced the …
Why some investors are banking on an HSBC breakup
STORY: The largest shareholder in Europe’s biggest bank is Chinese insurance giant Ping An Sources say it suggested spinning off the Asia business, which earns two-thirds of pre-tax profits Ping An …
Biden Accuses China Trying to Meddle With Competition Bill
(Bloomberg) — U.S. President Joe Biden accused China of trying to interfere in congressional negotiations over a broad competition bill that would bolster domestic semiconductor manufacturing.
In Line With Green Ambitions, China’s BGE Releases First-Ever ESG Report
BEIJING, CHINA, May 04, 2022 (GLOBE NEWSWIRE) — With China’s continuous progress in enabling high-quality development and pursuing its “dual-carbon” decarbonization drive, ESG has become a trend …
Beijing’s choice John Lee now needs to woo the people
Beijing made its position clear on July 29 … Lee’s critics point to his narrowly focused security background and warn that he lacks experience in business and finance. In response, the Lee campaign …
Billionaire investor Ray Dalio says China is a rising power, warns that inflation and debt will destroy US
Billionaire investor Ray Dalio predicted a new global order that has China ascending and the United States diminishing. Dalio appeared on the New York Times’ “Sway” podcast on Monday to discuss his …
