China Financial News
23.10 / 19:59
Hungary's Orban hits out at EU during anti-Soviet uprising commemoration speech
Hungary's national flag was hoisted with military honours in front of the parliament building in Budapest on Sunday in a state commemoration marking the anniversary of the 1956 anti-Soviet revolt.
23.10 / 18:25
COST
How U.S. Uses Supply Chain Sway to Throttle China’s Chip Development
The new U.S. restrictions on exports of chips and related items to China leverage American dominance in critical areas of the global semiconductor supply chain and aim to strangle China’s advanced-chip development.
23.10 / 15:09
Drones
Pilots
Russian fighter jet crashes into a two-storey building in Siberia, both pilots killed
A Russian fighter jet crashed into a residential building in the Siberian city of Irkutsk Sunday, killing both pilots, regional authorities said.
23.10 / 14:25
Drones
Sky News
Sunak
Sunak announces candidacy as the next UK PM as Johnson mulls a comeback attempt
Former British Treasury chief Rishi Sunak announced his candidacy Sunday to become the next prime minister of the United Kingdom in a bid to "turn around" the country's economy and "unite" the Conservative party.
23.10 / 13:33
Asia
Bitcoin
Destinations
Kazakhstan among top 3 Bitcoin mining destinations after US and China
For over a year, the oil-rich Central Asian country of Kazakhstan has maintained its position as the third-biggest contributor to Bitcoin (BTC) mining after surpassing Russia back in February 2021.
23.10 / 12:33
China's Xi Jinping wins third term as leader of ruling Communist Party
President Xi Jinping, China’s most powerful leader in decades, has continued his dominance after being reelected as head of the ruling Communist Party on Sunday.
23.10 / 09:05
Adoption
defi
Investments
2020
Web3 to inject $1.1T in India's GDP by 2032, following 37x growth since 2020
The global Web3 boom is expected to add $1.1 trillion to the Indian economy over the next decade, supporting the investment-based momentum driven by over 450 in-house startups, including CoinDCX, Polygon and CoinSwitch.
22.10 / 20:23
Tens of thousands gather in Berlin to protest against Tehran regime
Tens of thousands of people gathered in Germany's capital on Saturday to show solidarity with protesters in Iran -- a movement sparked by the death of a woman in the custody of morality police now challenging the Islamic Republic authorities.
22.10 / 18:55
European Union
Ukraine war: Moscow-installed authorities urge Kherson residents to leave 'immediately'
Moscow-installed authorities urged residents in the southern Kherson region -- which the Kremlin claims to have annexed -- to leave the main city "immediately" in the face of Kyiv's advancing counter-offensive.
22.10 / 17:01
European Union
Giorgia Meloni sworn in as Italy’s first female prime minister
Giorgia Meloni, whose political party with neo-fascist roots, Brothers of Italy, emerged victorious in recent elections, was sworn in on Saturday as Italy’s first far-right prime minister since the end of World War II.
22.10 / 16:09
European Union
Ukraine war: Thousands left without electricity after Russia's 'massive' strike
Russia launched a massive missile attack on Saturday, targeting critical infrastructure, Ukrainian authorities said, leaving hundreds of thousands of people in central and western parts of the country without electricity.
21.10 / 18:27
Financial
EU to provide Ukraine with €18 billion in financial assistance for 2023, says von der Leyen
Continued support to Ukraine and the bloc's strategic position against China dominated discussions among EU leaders at the second day of a summit on Friday.
21.10 / 18:07
21.10 / 14:37
Adoption
Gaming
Chainalysis
Vietnam Ranks 1st in Crypto Adoption, USA is 5th, China Back in Top 10 - Chainalysis
While emerging markets generally dominate the global adoption list, when it comes to the top 10 list, three developments stand out: Vietnam taking the crown again, the US climbing to fifth place, and China re-entering the list, according to the latest report by blockchain analysis company Chainalysis.
21.10 / 14:05
regulation
Investments
NOT
Not like China: Hong Kong reportedly wants to legalize crypto trading
Hong Kong is taking action to regain its status as a global cryptocurrency hub by launching several legal initiatives related to the crypto industry.
20.10 / 23:03
markets
Stablecoin
Federal Reserve
Bitcoin
How long will the bear market last? Signs to watch for a crypto market reversal
The current crypto bear market has induced panic, fear and uncertainty in investors. The dire situation started when the global crypto market capitalization dropped below the $2 trillion mark in January 2022. Since then, the price of Bitcoin (BTC) has decreased by over 70% from its all-time high of $69,044.77, reached on Nov. 10, 2021. Similarly, the values of other major cryptocurrencies such as Ether (ETH), Solana (SOL), Avalanche (AVAX) and Dogecoin (DOGE) have decreased by around 90%.
20.10 / 16:09
Europe's energy crisis
European Commission
debate
EU Council live: Leaders debate emergency measures for energy crisis
EU heads of state and government are meeting in Brussels on Thursday to try to reach a consensus on how to curb high energy prices and make sure Europeans can weather the economic storm ahead.
20.10 / 12:53
Blockchain
UPS
Lowe's
transaction volume
Eastern Asia’s Crypto Market Growth Halts, China's Crypto Transaction Volume Drops by 31% YoY
Chainalysis, a US blockchain analysis firm, released a new research study Thursday, showing that Eastern Asia is the fourth-largest cryptocurrency market, receiving $777.5 billion worth of crypto between July 2021 and June 2022.
20.10 / 11:31
UPS
Target
FIVE
week
What China's big party congress this week means for the economy
BEIJING — The twice-a-decade Chinese leadership meeting this week has significant implications for which parts of the economy will receive support or continued pressure, Natixis analysts said Thursday.
20.10 / 09:37
Report
Tesla
Tesla Motors
Bitcoin
Q3
HODL! Tesla hangs onto all its remaining $218M in Bitcoin in Q3
Electric vehicle manufacturer Tesla has made no further changes to its remaining stash of Bitcoin (BTC) in the third quarter of 2022, despite nearly a $1 billion sell-off in the previous quarter.
19.10 / 23:21
Why Another Xi Jinping Term Might Be in U.S.’s Interest
American leaders once wanted China to be rich: “strong, peaceful and prosperous,” as President George W. Bush said in 2002; “strong, prosperous and successful,” as President Barack Obama said in 2009.
what's happening in China
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