Demand for Bitcoin has plunged as cryptocurrency investors worry about what the potential collapse of Chinese property development giant Evergrande means for the world economy.
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Evergrande woes hit Japan’s toilet, air-conditioner and paint manufacturers
Concern that China Evergrande may default on its mountain of debt hit shares of toilet maker Toto and other Japanese firms that are seen vulnerable to a further slowdown in China’s property …
Covid-19 origins: The Lancet’s U-turn, Biden’s take and the China link
A correspondence published in The Lancet in July – ‘Science, not speculation, is essential to determine how SARS-CoV-2 reached humans’ has .
Asian shares mostly extend losses on China property worries
Asian shares mostly declined Tuesday, with Tokyo down 2.2% as worries about heavily indebted Chinese real estate developers weighed on sentiment. On Monday, U.S. stocks logged their biggest drop since …
China Evergrande default fears haunt investors as Beijing stands back, for now
Default fears continued to stalk China Evergrande Group on Tuesday despite efforts by its chairman to lift confidence in the embattled firm, as markets looked for possible intervention by Beijing to …
China’s Chongqing sees soaring motorcycle exports
Southwest China Chongqing Municipality saw its motorcycle exports up 523 percent year on year to reach 239 million units in th …
Why tether’s links to China is dragging bitcoin price down and other cryptos alongside
Bitcoin fell sharply on 20 September as a wave of selling triggered by tumult in China’s indebted property sector hit the crypto markets. The world’s largest cryptocurrency wa …
Ride-hailing giant Didi Chuxing denies executive Jean Liu is leaving amid Beijing’s ongoing cybersecurity probe
Didi is threatening legal action to fight ‘malicious rumours’ after Reuters reported that co-founder Jean Liu is leaving amid turmoil resulting from Beijing’s cybersecurity probe.
COLUMN-China’s plunging diesel exports a boost to Asia refiners: Russell
Slumping diesel exports from China are proving a boon to other refiners in Asia, with the profit from producing the fuel rising to the highest in 18 months. China has been Asia’s second-highest …
Asian shares extend losses as China worries darken sentiment
Analysts said fears the damage from a property bust in China could ripple worldwide were drawing on memories of past financial crises such as the bursting of the Japanese “bubble” economy or the 2008 …
Mexico appreciates China’s cooperation in fighting COVID-19
Mexico’s Foreign Ministry highlighted the importance of China’s cooperation in tackling the COVID-19 pandemic in a book presented Monday on Mexico’s international strategy to manage the health crisis.
Cryptocurrency market plunges on China fears tied to Evergrande property developer
Demand for Bitcoin has plunged as cryptocurrency investors worry about what the potential collapse of Chinese property development giant Evergrande means for the world economy.
Fortunes tumble from Seattle to Shenzhen in US$135 billion wipeout
(Bloomberg) — A global rout in stock markets sparked by concerns over China Evergrande Group hit the world’s biggest fortunes Monday, with the richest 500 people losing a combined US$135 billion.
