China Financial News

Governor Eli Remolona of the Philippines Central Bank (BSP) has disclosed the central bank’s plans to introduce a wholesale central bank digital currency (CBDC) in the coming years.

India Electronics & Semiconductor Association (IESA) and the India SME Forum- have supported the continuation of prohibition of imposing customs duties on electronic transmissions at the World Trade Organization (WTO), citing it to be important for supply chain resilience post Covid. The two industry bodies made this submission to the global trade watchdog as part of a consortium of around 170 global associations. The submission comes amid India and South Africa pushing hard for the prohibition to end as it leads to revenue loss and are keen on an outcome on the issue before the WTO's 13th ministerial conference (MC13) later this month. The moratorium on customs duties on electronic transmissions is in place since 1998. Around 105 countries, including the US, the UK, Australia, China, and Japan favour this prohibition. «Continuation of the moratorium is also important to supply chain resilience for manufacturing and services industries,» the associations said.

After years spent challenging Canada’s Big Three telecom firms, the founder of Freedom Mobile is now bringing his playbook to what he calls the country’s banking “oligopoly.”

TikTok like other social media platforms has option for users to recover their accounts. So, even if TikTok users have locked their accounts, these can be recovered. TikTok generally makes accounts inaccessible to users for a number of reasons. These could be due to forgotten password or account is blocked. Nonetheless, the process of recovering your TikTok account is straightforward and can be completed through a few simple steps, as per a report in dexerto.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move.

Crude oil has started Monday on a slow note following a highly volatile last couple of weeks when losses of more than 7% were recouped from one week to the next.

LONDON (Reuters) -As China's troubled markets take time out for the Lunar New Year holiday, U.S. inflation numbers, key UK data, Russia's central bank meeting and an election in the world's third-largest democracy vie for the spotlight.

By Aditya Kalra and Munsif Vengattil

AFP. The United States, Britain, France, China, Russia and members of the Southern African Development Community (SADC), a regional bloc, are among the countries that will benefit from this visa waiver.

Congress leader Rahul Gandhi on Monday hit out at the BJP-led Centre while claiming that people in the country were not getting employment and were facing the wrath of inflation. Addressing a gathering in Chhattisgarh's Korba district during his 'Bharat Jodo Nyay Yatra', Gandhi asked the people to wake up, claiming their pockets were being robbed and they were being misled. The backward classes, Dalits and Adivasis (tribals) comprise 74 per cent of the country's population, but not a single person from these communities is the owner or in the management of India's top 200 companies which are being given «all the money of the country», he claimed. The BJP calls it a «Hindu Rashtra», but 74 per cent of the population and the poor from the general country have been getting nothing. They are only for beating «thali» (steel plate), ringing «ghanta» (bell), showing mobile phones and dying in hunger, he further claimed targeting the Centre.

By Clyde Russell

By Wayne Cole

Investing.com-- Gold prices moved little in holiday-thinned Asian trade on Monday, with the yellow metal keeping to a trading range established over the past week as traders sought more cues from upcoming U.S. inflation data.

Investing.com-- Most Asian currencies moved in a tight range on Monday as market holiday across most of the region kept trading volumes limited, while the dollar fell slightly before key inflation data due this week. 

global GDP grew by about 3%. The early signs suggest progress is continuing at the same rate this year. Data from Goldman Sachs, a bank, indicate that global economic activity is about as lively as it was in 2019.

There was a big controversy in the science-fiction community last month when it emerged that the 2023 Hugo Awards, decided in October at the world convention in Chengdu, China, had inexplicably disqualified a few prominent entries from the list of nominations.Those quietly dropped included R.F. Kuang’s bestselling Babel and Xiran Jay Zhao’s Iron Widow, prompting suspicion that they might have triggered Beijing’s censorship filters. Even an entry by the legendary Neil Gaiman was disqualified.

Like most years, this year too commenced with the global business and intellectual elite making their way to the World Economic Forum at Davos this January in an attempt to demystify the world around and provide some answers to the challenges that abound. But by the time the Davos spectacle came to an end, there were more questions than answers for the world at large.

Investing.com-- Asian stocks kept to a tight range on Monday with a bulk of major markets in the region closed for the Chinese New Year, while losses in pharmaceutical giant CSL (OTC:CSLLY) dragged Australia’s ASX 200 lower. 

By Sheila Dang and David Shepardson