Crypto prices are ending the year with a whimper, but the business of blockchain is as strong as ever heading into 2022.
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HSBC Cleared to Take Full Control of China Life Insurance Business
HSBC won regulatory approval to take full control of its life insurance joint venture in China as the global banking giant increases its bet on business in the world’s most populous market. The …
RCEP: China says world’s largest trade pact gives it ‘powerful leverage’ to cope with 2022 challenges
Regional Comprehensive Economic Partnership comes into effect on Saturday for most of its 15 members, which account for nearly a third of the global population More than 90 per cent of merchandise …
China’s regulator cites investment bank CICC for negligence in arranging Lenovo’s US$1.8 billion IPO on Star Market
Regulators are redrawing the qualifications for listing on the Star Market, which was established in 2019 at the behest of the Chinese president to help the nation’s technology champions raise capital …
China sees ‘unprecedented’ difficulty in stabilising 2022 trade
China faces “unprecedented” difficulty in stabilising trade next year as favourable conditions that boosted export growth this year won’t be sustainable, according to a commerce ministry official.
China’s Xi’an lockdown hits some of the world’s largest chipmakers
Two of the world’s biggest chipmakers are warning that Covid-19 outbreaks and stringent lockdowns in a major Chinese industrial hub are hampering their operations.
China’s CanSino says it plans further vaccine deliveries to Mexico
China’s CanSino Biologics said on Thursday it will resume supplies of its COVID-19 vaccine to Mexico next year, following a Reuters report that the Mexican government had cut its vaccine order after …
War or uneasy peace What 2022 heralds for US-China relations
Will the new superpower rivalry that dominated the headlines in 2021 ease next year or are global tensions likely to ratchet up even more …
Intel completes major milestone in $9B sale of flash business to SK hynix
Intel Corp. on Wednesday announced the first closing of the $9 billion sale of its flash business to SK hynix Inc., a leading memory chip manufacturer. The first closing completes one of the …
Japan’s Uniqlo CEO Tadashi Yanai says won’t get sucked into US-China rivalry
Tadashi Yanai was asked why he had not commented on whether Uniqlo uses cotton sourced from China’s Xinjiang and told the Nikkei that ‘the US approach is to force companies to show their allegiance’.
China Strikes Football: Authorities Ban National Team Players From Donning Tattoos
In the latest development, China has banned their national team footballers from getting tattoos and has also instructed players to remove the ones they have.
U.S. oil futures on verge of halting six-session streak of gains as China imports cut
U.S. crude oil futures trade steady Thursday, halting six days of gains, after reports that China, the world’s top importer, cut the first batch of …
Cryptocurrency price LIVE – Crypto market loses $300m in dramatic drop as Bitcoin tumbles $3,000 and Ethereum plunges
A CATASTROPHIC drop in the cryptocurrency market led to an almost $300 million loss in liquidations this week. Bitcoin prices, in particular, dropped by as much as $3,000 early Tuesday, though it …
