China Financial News

04.10 / 19:23

business Blockchain settlement Hong Kong Stock Exchange launches settlement platform powered by smart contracts

Hong Kong Exchanges and Clearing Limited (HKEX), the operator of The Stock Exchange of Hong Kong, Hong Kong Futures Exchange, and London Metal Exchange, is launching a novel equities settlement acceleration platform. Dubbed "Synapse," the platform will utilize smart contracts in the DAML programming language to streamline post-trade flows and enhance operational efficiencies, according to the October 4 announcement.

04.10 / 18:43

IPO Target Pool show reports Asian bidders tipped to return to down under: M&A report

Get ready for the return of mystery Chinese bidders. Herbert Smith Freehills is forecasting a pickup of Asian interest in Australia’s public companies after the region’s bidders deserted the local deals landscape in the last 12 months.

04.10 / 17:53

UPS Target Booking Puzzle WhatsApp President Asian Games 2023: AFI vice chief accuses Chinese officials of cheating as Neeraj Chopra's first throw goes unmeasured

ALSO READ Asian Games 2023: Neeraj Chopra wins the gold medal, netizens call him 'legend' "I was puzzled and confused, it has never happened in any competition I have competed in till now. I think they lost my landing mark and they kept on looking for it." Apart from this, Kishore Jena, who joined Chopra on the podium with his silver-winning effort, also had his second throw invalidated for crossing the line but the decision was later reversed. Senior vice president of the Athletics Federation of India (AFI), Anju Bobby George, accused the officials of deliberately targeting the Indians.

04.10 / 17:13

FIVE Aviat Manufacturing WhatsApp love country Corporate investments getting concentrated in few groups, govt should encourage flowers to bloom: Uday Kotak

ALSO READ: China Evergrande shares suspended, China may have some learnings from US, India says Uday Kotak Earlier, Kotak surprised all by stepping down from his executive role four months ahead of the end of the term. He said many corporates are not going ahead with investments and added that we are witnessing 'significant consolidation and concentration' because of this. The concentration can deliver in the short term, but it is in India's long-term interests to have many businesses flourish, he said.

04.10 / 17:13

UPS FIVE Experts hospital 2020 prevention Screen early for cancer: ICMR

NEW DELHI : India’s apex medical research body is calling for widening early screening, diagnosis and treatment of cancer after a spike in breast and lung cancer. India ranks third in cancer cases after China and the US and is expected to see a further 57.5% increase in cases from 2020 to 2040.

04.10 / 15:31

COST Provident FIVE Digital stage country electronic Our central bank digital currency can be the next UPI

₹15.8 trillion, UPI is a big success. With countries like Singapore, Malaysia, the UAE, UK and France accepting UPI linkages, India has impressed others with its financial regulatory system and technology capabilities. India is also pushing for inroads with other dependable offerings, including RuPay, which dominates the domestic debit cards market with over 860 million transactions, worth over ₹1.6 trillion.

04.10 / 14:43

UPS Provident Assurant show country reports WTO Japan hopes to resolve China's seafood ban over Fukushima's wastewater release within WTO's scope

Japanese Agriculture Minister Ichiro Miyashita says Tokyo hopes to resolve the issue of Chinese ban on its seafood within the World Trade Organization's scope

04.10 / 14:11

regulation European Central Bank Financial Stability Board valuations financial stability Financial FCA actively monitors risks of private markets to financial stability

FCA CEO Nikhil Rathi noted the regulator had observed the rapid growth of the private markets, as well as the use of leverage in the private equity sector in particular.

04.10 / 13:23

Citi Digital Mobile Newsclick Row: Court issues notice to Delhi police on Prabir Purkayastha's plea for copy of FIR

Delhi police on a plea filed by NewsClick founder Prabir Purkayastha and HR head Amit Chakravarty, arrested in a case lodged under anti-terror law UAPA following allegations about the news portal having received money for pro-China propaganda, seeking a copy of the FIR. Additional Sessions Judge Hardeep Kaur directed police to file its response by tomorrow when the court will hear arguments on the application. The court, meanwhile, agreed to hand over a copy of the remand application, filed by police, to Advocate Arshdeep Singh Khurana, the counsel for the accused.

04.10 / 13:21

Crypto wallet Treasury DOJ US Treasury Imposes Sanctions on Several Chinese Crypto Wallets Linked to Illegal Drug Dealers

The US Department of Treasury has imposed sanctions on cryptocurrency wallets of China-based chemical companies and individuals tied to illegal production and trafficking of fentanyl.

04.10 / 13:21

regulation OTC Investment Chainalysis regulatory Hong Kong Emerging as Crypto Hub Amid East Asia's Regulatory Challenges - Is China Reversing Course?

Although Eastern Asia - once a top market - has seen a decline in crypto activity over the past several years, Hong Kong may provide the region with "a potential tailwind," according to research firm Chainalysis.

04.10 / 13:11

Provident Fighting Bill President show Department stake What's at stake in the US Congress' debate over Ukraine aid?

By Patricia Zengerle

04.10 / 11:41

economy POT President show country 2020 reports The World’s Dollar Addiction Is Hard to Kick

Many central banks and governments around the world want to kick their dollar addiction. They aren’t getting very far—except when forced. The percentage of official foreign-exchange reserves allocated to U.S.

04.10 / 11:41

COST UPS Manufacturing Tesla Toyota show 2020 Threat How China’s BYD Became Tesla’s Biggest Threat

A few years ago, the founder of Chinese automaker BYD was worried it might not survive. Now, the company is nipping at the heels of Tesla as the world’s No. 1 seller of electric vehicles.

04.10 / 07:36

COST Progressive Gap economy Enterprise country China will become less populous, more productive—and more pricey

the date on which it becomes the world’s biggest economy. The gap between American and Chinese GDP will be over $8trn in 2023, according to some forecasts. That is a bigger number than last year.

04.10 / 07:27

UPS DOW economy show reports tracking Stock market today: Asian shares are sharply lower, tracking a rates-driven tumble on Wall Street

Asian markets are trading sharply lower after Wall Street tumbled as it focused on the downside of a surprisingly strong job market: the likelihood that interest rates will stay high

04.10 / 07:27

UPS economy country Inside information 2020 China Evergrande soars after property developer's stocks resume trading

Shares of debt-laden property developer China Evergrande Group have soared after they resumed trading in Hong Kong following a suspension last week

04.10 / 07:27

Citizens Strategy President Celebrity country gatherings Indian Maldives president-elect says he's committed to removing the Indian military from the archipelago

The president-elect of the Maldives says he's sticking to his campaign promise to remove Indian military personnel stationed in the archipelago state, promising he will initiate the process

04.10 / 07:27

UPS economy President country recommendations EU announces plans to better protect its sensitive technologies from foreign snooping

The European Union has announced plans to better protect its cutting-edge technologies from foreign snooping that might threaten its economy and security

04.10 / 06:57

UPS FIVE Platform Action country India emulating China's 'wolf warrior' diplomacy with Canada, sans the warfare

New Delhi’s decision to ask Canada to reduce its number of diplomats in India by over 40 is the latest in the downward spiral of India-Canada relations. There is now a danger that India’s words and actions are going well past the point of serving its long-term interests. Whatever the truth of the multiple allegations hurled at each other by India and Canada, the fact is that as the emerging power, an Asian one and a developing country still, the former cannot and must not lose sight of the fact that global institutional structures and narratives are still not entirely in its favour.

04.10 / 06:57

Provident Digital WhatsApp information reports travelers NewsClick founder Prabir Purkayastha, HR head sent to 7-day police remand

NewsClick site and its journalists on 17 August, weeks after a New York Times report alleged that the NewsClick website had received funds from an American millionaire who, the Times wrote, had funded the spread of “Chinese propaganda." Delhi Police on Tuesday searched 30 locations connected with online news portal NewsClick and its journalists in a case filed under the anti-terror law UAPA following allegations that it received money for pro-China propaganda and later in the day sealed its office. Police said the Special Cell searches began early in the morning and were concentrated in the Delhi-NCR region.

latest developments in China

What is the current situation in China?

In China, the spotlight is on local government initiatives that affect the region’s daily life.

Where can I find reliable news about China?

We publish reliable reports about the situation in China, based on information from regional journalists.

What shapes the media agenda in China?

The news landscape of China is shaped by key decisions by local authorities, reflecting its specific characteristics.