Weak demand from China, EU and export duty on steel items among the factors decelerating Indias engineering goods exports in July …
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China steps up easing, cuts lending benchmarks to revive faltering economy
The People’s Bank of China (PBOC) is walking a tight rope in its efforts to revive growth. Offering too much of stimulus could add to inflation pressures and risk capital flight as the Federal Reserve…
Could blockchain help EU process asylum claims?
The European Investment Bank identified an annual investment shortfall of up to €10bn in artificial intelligence and blockchain in the EU – a gap that may hinder the bloc’s attempts to catch China and …
9 Crypto Exchanges Under ED Gaze
IMAGE: The probe findings have suggested these fintechs used crypto platforms after they were denied loan … are under the Enforcement Directorate scanner for allegedly assisting China-backed fintech …
EIU’s Swarup Gupta on the need for a comprehensive global crypto regulation
According to a latest report by Atlantic Council, an independent organisation based in Washington, DC, till March, 2022, 87 countries have considered issuing a CDBC.
China extends power rationing for factories in drought
BEIJING — Power rationing that forced factories in China’s southwest to shut down has been extended through at least Thursday due to low water at hydroelectric dams, according to a notice reported by …
United Imaging Shares Soar 75% in Shanghai Debut, China’s 3rd-Biggest IPO in 2022
A gong is pictured before the listing ceremony of the first batch of companies on STAR Market, China’s new Nasdaq-style tech board, at Shanghai Stock Exchange (SSE) in Shanghai, China July 22, 2019.
Pharma company Shanghai United Imaging jumps 75% in its debut IPO
Shanghai United Imaging Healthcare, a pharmaceutical company and the latest of a slew of $1 billion-plus listings in China this year, surged on the first day of trading, according to a report by …
China’s central bank is very likely to ease monetary policy, says HSBC
James Cheo of HSBC Global Private Banking and Wealth says it’s clear that the growth momentum in China’s economy is slowing down in most sectors.
Trump accuses ‘crazy’ former transportation secretary Elaine Chao of trying to ‘get rich on China’
Former President Trump on Saturday called his former Transportation Secretary Elaine Chao “crazy” and accused her and her family of working to “get rich on China.” Trump’s attack came in a …
China central bank cuts lending rates to boost economy
China’s central bank on Monday cut benchmark loan rates in an attempt to boost an economy battered by the government’s strict zero-Covid policy and a slump in the property market.
China cuts lending benchmarks to revive faltering economy
China cut its benchmark lending rate and lowered the mortgage reference by a bigger margin on Monday, adding to last week’s easing measures, as Beijing boosts efforts to …
China set to lower lending benchmarks Monday to revive wobbly economy
SHANGHAI -China is widely expected to lower its benchmark lending rates on Monday, a Reuters survey showed, with a vast majority of participants predicting a deeper cut to the mortgage reference …
