Swiss bank UBS aims to create a digital banking platform that could slash costs and spur growth, but its plan hinges on securing a licence in mainland China to kick-start the project.Edmund Koh, who ……
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South Florida lawsuit accuses China of coronavirus cover-up, fueling loss of lives and jobs
Merritt put her name on the suit along with dozens of other workers, healthcare professionals and business people from here, New York and other parts of the country. The South Florida native believes … (…
China Central Bank Signals More Policy Measures to Support Virus-Ravaged Economy
China’s central bank said on Sunday it will step up counter-cyclical adjustments to support the economy and make monetary policy more flexible to fend off financial risks. ( read original story …)
Virus cases rise in China, South Korea; Obama bashes Trump
Both China and South Korea reported new spikes in coronavirus cases on Sunday, setting off fresh concerns in countries where local outbreaks had been in dramatic decline. ( read original story …)
Virus case rise in China, South Korea, Obama bashes Trump
Both China and South Korea reported new spikes in coronavirus cases on Sunday, setting off fresh concerns in countries where local outbreaks had been in dramatic decline. ( read original story …)
China central bank to step up counter-cyclical adjustments, deepen lending rate reforms
China’s central bank said on Sunday it will make prudent monetary policy more flexible and step up counter-cyclical adjustments to support the real economy and fend off financial risks. ( read original story …)
Asia Today: South Korea, China report rise in infections
South Korea on Sunday reported 34 additional cases of the coronavirus amid a spate of infections linked to clubgoers, as President Moon Jae-in urged calm saying … ( read original story …)
WHO denies coronavirus cover-up phone call between Xi Jinping and Dr. Tedros
The World Health Organization denied a report that said Chinese President Xi Jinping pressured WHO Director-General Tedros Adhanom Ghebreyesus to conceal the truth about the coronavirus outbreak in a … ( read original story …)
China’s Animal Crossing gamers use code words, middlemen to enter virtual world
New Horizons are paying a premium on foreign consoles and finding ways to skirt limits imposed by local regulators on a game that has become both a breakout worldwide hit and political flashpoint. ( read…
Kingsoft Cloud Jumps in First Big U.S. IPO Since Luckin Fall
Kingsoft Cloud Holdings Ltd. rose 40% in the first major trading debut by a Chinese company since the accounting scandal at Luckin Coffee Inc. ( read original story …)
China reports 14 new coronavirus cases, high-risk area resurfaces
China’s National Health Commission reported 14 new confirmed coronavirus cases on May 9, the highest number since April 28 and up from only one case a day earlier, according to data published on … (…
Trump’s China Rhetoric Risks Freezing Out U.S. Energy Exports
The coronavirus is adding to the existing tensions between the U.S. and China. But if the rhetoric is not ramped down, the trade war will escalate and hurt American energy producers. ( read original story…
Trump Says He’s ‘Torn’ on China Deal as Advisers Signal Harmony on Trade
Officials from both countries struck optimistic notes after holding their first trade talks — via conference call — since the coronavirus struck. ( read original story …)
