AI cryptocurrencies endured a bloodbath on Monday, plunging by double-digits on their daily charts as Bitcoin dropped below $100,000. The market capitalization of all AI tokens crashed by 13.7% in the …
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Singapore’s DBS raises stake in China’s Shenzhen Rural Commercial Bank
DBS Group on Monday said it acquired an additional stake in Shenzhen Rural Commercial Bank for 1.60 billion yuan ($220.37 million), bringing its total stake in the Chinese lender to 19.40%.
China Vanke’s CEO, chairman resign amid growing liquidity worries
Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company’s liquidity as it faces several debt maturity deadlines …
China c.bank conducts 1.7 trln yuan of outright reverse repos in Jan
China’s central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January.
The CIA believes COVID most likely originated from a lab but has low confidence in its own finding
The CIA now believes the virus responsible for the COVID-19 pandemic most likely originated from a laboratory.
C.I.A. Now Favors Lab Leak Theory to Explain Covid’s Origins
A new analysis that began under the Biden administration is released by the C.I.A.’s new director, John Ratcliffe, who wants the agency to get “off the sidelines” in the debate.
China’s DeepSeek sets off AI market rout
Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors’ faith in the profitability of AI and …
China’s Economy Stumbles in Sign Rebound Hinges on More Stimulus
China’s economic activity unexpectedly faltered to start the year, breaking the momentum of a recovery sparked by stimulus measures and underlining the need for Beijing to do more to prevent another …
China Promises to Take Back Illegal Migrants After Trump Threats
China pledged to accept the return of undocumented Chinese citizens in the US, after President Donald Trump threatened to hit Colombia with tariffs of up to 50% for refusing to take back deported …
China’s economy loses momentum ahead of new year holiday
The official manufacturing purchasing managers’ index fell to 49.1, the lowest since August, missing economists’ forecast for a modest expansion.
China PMI surprises as factory activity contracts in January; December industrial profits jump
The official purchasing managers’ index for January came in at 49.1, data released by the National Bureau of Statistics on Monday showed.
China urges state-backed funds to buy more stocks amid market slump, falling bond yields
China’s financial regulators on Thursday unveiled a slew of measures to urge large state-owned mutual funds and insurers to purchase more A-shares.
Sunac China cuts costs on US$937 million defaulted debt linked to Beijing project
Restructuring terms allow the Chinese developer to effectively cut its annual borrowing costs to 4.12 per cent from 9.6 per cent.
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