The ruble has surged to become one of the world’s best-performing currencies this year – and Moscow is looking at plans to slow down its rise.
Tagged By finance
What next for China after UN’s damning Uighur report?
Researchers investigating claims of abuse against Uighur Muslims and other ethnic minorities have uncovered “credible evidence” of torture that may amount to “crimes against humanity”, according to …
China and America’s long-awaited audit deal may yet fail
When in March the Securities and Exchange Commission, America’s market watchdog, published a list of firms slated for delisting, it caused the sharpest fall in American-traded Chinese stocks in more …
Hong Kong leader proposes ‘reverse quarantine’ for China travel
Hong Kong hopes to introduce “reverse quarantine” for people going to mainland China as the financial hub seeks to open up to the neigbouring technology city of Shenzhen after months of restrictions, …
U.S. export ban on some advanced AI chips to hit almost all China tech majors – analysts
A U.S. order to ban exports of some advanced chips to China is likely to hit almost any major tech company running public clouds or advanced artificial intelligence training modules in the country, …
2 Major Traps on China’s Path to Global Leadership
There are at least two major obstacles that China will have to get over on its path to global leadership, one domestic and one outward-facing.
Oil Prices Under Pressure As China Expands Covid Lockdowns
China has locked down the city of Chengdu … Prices could fall further later today as G7’s finance ministers are gathering to discuss their idea of imposing a price cap on Russian oil sold …
Oil drops on fears over weaker demand, China’s COVID restrictions
China’s factory activity contracted for the first time in three … while gasoline stocks were down 1.2 million barrels. Finance ministers from the Group of Seven club of wealthy nations will discuss …
Oil falls on greater supply, lower China demand
Oil prices fell in early Asian trade on Thursday, due to increased supply and worries about global economic slowdown with renewed Covid restrictions in China.
China ratchets up financial support for infrastructure projects
Provided by Xinhua by Xinhua writers Guo Xiaoyu Hu Wenjia Zhang QianqianBEIJING Aug 31 Xinhua — China is channeling more financial support to …
China opens up to foreign investment with new law
The newly introduced Futures and Derivatives Law brings the country’s financial services market in line with international standards, welcoming foreign financing.
Dalian iron ore marks third monthly fall on China economic woes
Dalian iron ore fell on Wednesday, marking their third straight monthly drop, after a survey showing a contraction in China’s factory activity raised doubts about an economic rebound in the world’s …
China Construction Bank says economy faces large downward pressure this year
China Construction Bank said on Wenesday the Chinese economy faces fairly large downward pressure this year. The comments were made by Zhang Jinliang, president of CCB in a press conference following …
ADVERTISEMENT
