China’s banking and insurance regulator on Thursday issued draft rules to step up supervision and management of commercial banks’ custody business.The move aims to “enhance transparency …and control …
Tagged By business
‘Avatar: The Way of Water’ makes $1 billion in 14 days, even with Covid weighing on China
Worldwide ticket sales for Disney and James Cameron’s “Avatar: The Way of Water” have topped $1 billion. The milestone comes 14 days after “The Way of Water” debuted in theaters, five days faster than …
China to Adjust Trade Tariffs on Some Goods From Jan 1
China will adjust import and export tariffs on some goods from January 1, in order to speed and promote development and expand domestic demand, the finance ministry said on Thursday. Export tariffs on …
Oil prices drop as China’s surging Covid-19 cases raise demand concerns
Countries are imposing new Covid-19 measures on travellers coming from China, which has had a surge in infections following the easing of pandemic restrictions earlier this month. The US has become …
First export of ‘pra’ fish to China seen January at earliest
The inaugural export of Cambodian iridescent shark catfish to China has again been delayed, and is now expected to take place as soon as next month, as the only authorised exporter takes care of some…
Kerung-Rasuwagadhi border reopens to Nepali exports after three years
After keeping it shut to two-way traffic for three years Beijing opened the Kerung-Rasuwagadhi border to Nepalese exports on Wednesday …
Bitcoin, Ether up as China reopens post-Covid clampdown, but concerns remain
The day has started flat for cryptocurrencies as Bitcoin was 0.12% higher at $16,560 and Ether was up 0.3% at $1,193.40. However, crypto investors should know that both Bitcoin and Ether are on track …
China Eases Up On Non-Fungible Tokens; Set To Launch National Digital Asset Marketplace
The upcoming marketplace, whose name translates to “China Digital Asset Trading Platform,” runs on the blockchain called the “China Cultural Protection Chain.” …
China woos foreign investors as its prospects brighten
China is expected to see rising foreign capital inflows in 2023, as the annual Central Economic Work Conference recently reaffirmed the country’s commitment to high-level opening-up and introduced a …
ANALYSIS-China’s services sector eyes recovery after reopening, but challenges loom
Jordan Li, a restaurant owner in the southwestern Chinese city of Chengdu, hopes desperately that next month’s Lunar New Year holidays will help him make up for business lost this year because of …
China to import 45 foreign video games, grants multiple licenses to Tencent
The approval effectively marks the end of Beijing’s crackdown on the games industry which began last August when regulators suspended the game approval process.
Dollar steadies as optimism over China reopening turns to caution
The dollar steadied on Thursday after riding long-end U.S. Treasury yields higher overnight, as initial optimism over China’s reopening fizzled.
Crypto Market Daily Highlights – DOGE and ADA Lead a Bearish Top Ten
It was a bearish mid-week session, with the crypto market tracking the NASDAQ Index into the deep red on Fed and recession fears and geopolitics.
ADVERTISEMENT
