A weekly five-point roundup of critical events in fintech, the future of finance and the next wave of banking industry transformation.
Tagged By business
U.S. Trade Loophole Fuels Rise of China’s New E-Commerce Firms
A law that allows low-price packages to enter the U.S. duty-free and with little customs scrutiny has enabled the breakneck growth of two e-commerce companies with roots in China, Shein and …
Labeling China, Russia and Iran as new ‘Axis of Evil’ will not neutralize the threats they pose
Putin and Xi Jinping plot to outplay Biden in the Israel-Hamas conflict and the broader Middle East. Washington needs to work to tear the two allies apart not push them closer.
UPDATE 1-China’s net gold imports via Hong Kong fall 11% m/m in September
Oct 26 (Reuters) – China’s gold imports via Hong Kong fell in September from the previous month but rose compared to the year earlier, the Hong Kong Census and Statistics Department data showed on …
Standard Chartered Shares Plunge 17% as China Bet Takes Hit
Standard Chartered has seen a massive plunge in its share price riding on its slumped pre-tax level from the prior year per its China bet.
Leak Reveals Joe Biden Could Be About To Issue A Game-Changing Executive Order That Would Spark Bitcoin, Ethereum, XRP And Crypto Price Chaos
Bitcoin and major cryptocurrencies including ethereum and XRP have been laboring under the weight of a looming crypto crackdown this …
AMD says it is implementing ‘optimisation and restructuring’ at its China chip business but denies huge lay-off rumours
AMD denies huge job cut rumours and says it is optimising China business based on a corporate strategy adjustment.
Leak Reveals Joe Biden Could Be About To Issue A Game-Changing Executive Order That Could Spark Bitcoin, Ethereum, XRP And Crypto Price Chaos
Bitcoin and major cryptocurrencies including ethereum and XRP have been laboring under the weight of a looming crypto crackdown this …
China Top 100 Furniture Manufacturers Directory
Dublin, Oct. 26, 2023 (GLOBE NEWSWIRE) — The “Top 100 Furniture Manufacturers in China” report has been added to ResearchAndMarkets.com’s offering. Top 100 furniture manufacturers in China offers a bird’s eye view of the furniture…
Courier J&T Global Express could raise as much as US$520 million from Hong Kong IPO after offering oversubscribed
J&T Global Express, an Asian courier service group based in Shanghai, could raise as much as HK$4.1 billion (US$520 million) from its initial public offering after orders from investors exceeded the …
German exports to China hit by slow customs processing, tech firms warn
German technology groups have warned they are being hit by delays in getting China-bound exports through customs, following the introduction of a German government strategy to reduce economic …
China smartphone shipments continue decline in third quarter as former Huawei mobile brand Honor reclaims top vendor ranking
Honor reclaimed the top smartphone vendor spot in the third quarter with an 18 per cent share and total shipments of 11.8 million units, as the mainland market continued to decline.
China’s Smartphone Market Contracts, Honor and Huawei Buck the Trend
The Chinese smartphone market, once a bastion of ceaseless expansion, has begun to show signs of maturity and deceleration. In the third quarter of 2021, smartphone shipments declined by 5%, according to Canalys,