A new International Monetary Fund analysis shows global capital flows have soared in the US and plummeted in China and emerging markets.
Tagged By finance
Adidas investigates bribery allegations in China, Financial Times says
Probe launched after company received a whistleblower complaint that accused senior staff of embezzling ‘millions of euros,’ the newspaper reported …
China teen kills herself after forced engagement, uncaring fiancé wants bride price refund
A teenager in China has killed herself because she was so distraught about being pushed into marriage with a man she did not like.
Adidas Is Investigating Bribery Allegations in China, FT Says
Adidas AG has launched an internal investigation into allegations of bribery at its China business following a whistleblower complaint accusing senior staff of embezzlement, according to the Financial …
King Charles military badge rollout delayed over fears China could ‘use them for spying’
The introduction of military badges specially redesigned to mark King Charles ’s accession to the throne has been delayed, with claims British Army chiefs fear the insignia could be made in China, …
China wants to fine-tune personal data protection, but doors to government access remain open
China’s cybersecurity standards and data protection agency is seeking public feedback on guidelines for the ‘processing, cross-border transfer and protection of sensitive personal information’ by …
G7 vows to counter ‘economic and national security threats’ posed by China
Draft statement from summit in Italy stresses G7 not trying to harm China or thwart its economic development but aims ‘to level the playing field’.
China Offloads $53 Billion in US Treasuries in Unprecedented Move That Sends Strong Message to Biden
This action highlights China’s strategy to diversify its financial portfolio away from American assets amidst ongoing trade tensions between the two nations. In a related move, Belgium, often regarded …
China approves first ETFs tracking Saudi equities, fund managers say
China approved its first exchange-traded funds (ETFs) investing in Saudi Arabia equities on Friday, fund managers told Reuters, as Beijing expands ties with the Middle East amid rising tensions with …
Beijing state-owned fund to buy Credit Suisse China unit; Visa, Mastercard US antitrust settlement faces rejection
UBS is reportedly in advanced talks to sell Credit Suisse’s China securities unit to a Beijing state-owned fund, sidelining Ken Griffin’s Citadel Securities, which has also made a bid for the company.
Falling bond yields leave China’s central bank facing tough call
China’s central bank faces a looming test of its resolve to curb the financial stability risks it sees in a rallying bond market as it runs counter to its view of the economy by depicting…
Analysis-Falling bond yields leave China’s central bank facing tough call
China’s central bank faces a looming test of its resolve to curb the financial stability risks it sees in a rallying bond market as it runs counter to its view of the economy by depicting…
China set to hold key rate as margin pressure, weaker yuan hamper policy easing
China’s central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans next Monday, a Reuters survey showed. Worsening interest margins and a …