The United Nations Climate Change Conference (COP 26) is being held in Glasgow, UK. One of the important issues is whether to form a joint carbon Emission Trading Scheme across the world.
Tagged By banking
China warned to brace for US stimulus tapering, rate increases with Jerome Powell to remain as Fed chair
Jerome Powell’s nomination for a second term as chair of the US Federal Reserve has fuelled market expectations of faster-than-expected stimulus tapering and earlier than expected interest rate …
China demands Tencent submit new apps and updates to inspection – Yicai
China has required Tencent Holdings submit any new apps or updates for inspections before they can be uploaded after a number of its apps were found to have committed violations, Chinese financial …
Kingsoft Cloud Announces Unaudited Third Quarter 2021 Financial Results
Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third …
Top China Cosmetic Surgery Site Erases Share Gains After Buy-Out-Plan Bump
Shares of So-Young International Inc., China’s leading online cosmetic surgery services platform, tumbled on Tuesday, giving up most of the previous day’s 12% gain which came on the back of news its …
Exhibition Revealing Early Human Civilization Kicks Off in Beijing
An exhibition on the 10,000-year-old Shangshan culture opened at the National Museum of China in Beijing on Nov. 21.
China urges more banking support to self-reliant industries, supply chains
China’s banking and insurance regulator said on Wednesday that lenders should step up support to advanced manufacturers, self-reliant industries and supply chains. “Banks should resolutely cast away …
China developer Kaisa plans to propose 1.5-yr extension for bond due Dec 7-REDD
Cash-strapped Chinese property developer Kaisa Group plans to propose an extension of one-and-a-half years for its $400 million dollar bond maturing on Dec. 7, financial intelligence provider Redd …
China says it will release oil reserves according to its needs
China will release crude oil from its reserves according to its needs, a foreign ministry spokesman said on Wednesday, adding that the country was in close communication with oil-producing and …
China’s cash-strapped developers hold off defaults through deals with investors, but not out of the woods just yet
Kaisa reaches an agreement with investors that its wealth management product will pay a 10 per cent instalment on maturity followed by 10 per cent payments every three months Aoyuan Group says it has …
China tightens online celebrity oversight, the Turkish lira plummets, bus crashes in Bulgaria
In our World View today, a bus crash in Bulgaria has killed at least 45 people, including a dozen children. The bus was carrying Macedonian tourists returning from a trip to Istanbul when it crashed…
Fitch Affirms China Metallurgical Group at ‘BBB+’; Outlook Stable
Fitch Ratings has affirmed China Metallurgical Group Corporation’s (CMGC) Long-Term Foreign-Currency Issuer De …
OECD head Mathias Cormann stresses importance of good relations with China
The former finance minister has suggested a more diplomatic approach is required with China as tensions build.
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