HSBC Holdings Plc is reviewing expenses and operational controls at its China digital wealth business Pinnacle, in a move that could result in layoffs and mark an abrupt reversal of the lender’s …
Tagged By business
A China ‘Tsunami’ Has Suddenly Hit Crypto As The Bitcoin Price Smashes $65,000
Bitcoin Bitcoin and crypto have surged after China announced it would further support its economy with monetary stimulus—adding to a BlackRock-fueled boom. The bitcoin price has topped $65,000 per …
CryptoQuant: China remains a Bitcoin mining powerhouse despite crypto ban
Despite China’s 2021 cryptocurrency ban, Bitcoin mining continues with resilience, driven by decentralized networks and renewable energy.
China’s foreign trade up 5.3% in first three quarters
China’s foreign trade grew by 5.3 percent year-on-year to 32.33 trillion yuan ($4.57 trillion) in the first three quarters of 2024, statistics from the General Administration of Customs showed on Monday.
China’s exports and imports grew far less than expected in September
China’s exports to Russia surged by 16.6%, but imports fell by 8.4%, the analysis showed. Inflation data out Sunday pointed to further weakness in China’s domestic demand. The cor …
China’s exports and imports grew far less than expected in September
China’s exports to Russia surged by 16.6%, but imports fell by 8.4%, the analysis showed. Inflation data out Sunday pointed to further weakness in China’s domestic demand. The cor …
China Sept rare earth exports curbed by rising domestic demand, prices
Beijing – China’s exports of rare earths minerals in September fell 11.5% from August, customs data showed on Monday, as rising domestic demand and prices encouraged exporters to sell domestically.
China’s exports slow sharply in September, adding to worries over the economy
China’s exports slowed sharply in September as global demand weakened, adding to worries over how to recharge growth in the world’s second-largest economy …
China’s Exports Slow But Continue Run of Growth
The country’s exports grew at a slower pace in September, but extended their growth streak to a sixth consecutive months, driven by Beijing’s efforts to cement its dominance in global manufacturing.
China’s Fiscal Stimulus Fuels $BTC’s 2.6% Rise, But There’s More Than Meets the Eye
China’s fiscal stimulus package benefits $BTC as it records a 2.6% rise, but it isn’t the only factor driving the potential crypto rally.
Horizon Robotics Said to Draw Alibaba, Baidu as Investors in IPO
Alibaba Group Holding Ltd. and Baidu Inc. are among the cornerstone investors in the Hong Kong initial public offering of Horizon Robotics, a Chinese provider of software and hardware used in …
China’s exports and imports grow far less than expected in September
China’s National Bureau of Statistics is scheduled to release third-quarter GDP on Friday, along with retail sales, industrial production and fixed asset investment for September.
China’s September coal imports hit record high
China’s coal imports reached a monthly record high in September, customs data showed on Monday, as international coal prices declined.
