Following a breakout Sunday session, risk aversion swept across the crypto market. China protests contributed to early DOGE and SHIB reversals. Dogecoin (DOGE) and shiba inu coin (SHIB) bucked the …
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China issues 1.6T yuan in tax rebates for export companies
China’s tax authorities have accelerated export tax rebates process this year in support of the steady growth of foreign trade, reported China Media Group (CMG) on Sunday. The country handled 1.64 …
Dollar rises broadly, yuan slumps as China’s COVID unrest rattles sentiment
The dollar gained broadly on Monday as protests against COVID restrictions in China stoked uncertainty and dented sentiment, sending the yuan sliding and pushing nervous investors toward the …
Crypto Market Daily Highlights – DOGE Bucked a Bearish Top Ten Session
The crypto market saw red for the second time in six sessions. Going into the final hour, the NASDAQ mini saw red, contributing to the session loss.
US bans Chinese telecoms imports – won’t even consider authorizing them
Part bureaucratic box ticking, part crackdown that makes even Wi-Fi routers and smartphones off limits The United States’ Federal Communications Commission (FCC) has barred itself from authorizing the …
FirstFT: Protests erupt in China as zero-Covid anger spreads
Protests in Shanghai escalated yesterday evening as police struggled to disperse large crowds who gathered in the city, part of a nationwide movement that poses one of the most brazen challenges to …
Xi vs Trudeau Exchange: China Now See’s Itself as a Superpower
Western powers have used the pretense of China’s human rights record to provide a moral foundation for meddling …
LAPD officer charged with attempting to buy an illegal gun silencer from China, officials say
“The circumstances of this investigation trouble me greatly given the responsibilities of the involved detective,” said LAPD Police Chief Michel Moore.
Idle Crypto Is the Devil’s Workshop
Given that — and given my experience in studying financial market development and regulation — I think it’s pretty likely that other firms are doing what FTX did with its customers’ money, and that …
Canada launches new Indo-Pacific strategy, focus on ‘disruptive’ China
Canada launched a new Indo-Pacific strategy on Sunday, vowing more resources to deal with a “disruptive” China while working with the world’s second-biggest economy on climate change and trade issues.
China’s monetary policy could ease further in 2023, analysts say, after central bank cuts reserve ratio
Expansionary monetary policy refers to boosting money supply or lowering short-term interest rates with an aim to promote consumer and business spending through increased liquidity. China’s central …
China by the kilo: An ‘out-of-the-box’ idea helps to keep tableware affordable
In the midst of an economic crunch, exceptional offers at special fairs – including porcelain sold by the kilo – are keeping tableware and cutlery within reach of shoppers with small and medium …
The US Congress Is Starting to Question This Whole Crypto Thing
Think Washington lawmakers have what it takes to tackle the volatile world of cryptocurrencies? Neither do they.
