China Financial News

04.08 / 16:57

business Adoption Africa Middle east Cointelegraph expands to Middle East and North Africa with a new franchise

Cointelegraph, the premier blockchain- and crypto-focused media outlet, is expanding its presence into the Middle East and North Africa (MENA) region with the help of a new franchise owner, Luna Media Corporation.

04.08 / 15:17

COST Booking Action Cigna Stocks making the biggest moves premarket: Eli Lilly, Cigna, Restaurant Brands and more

Take a look at some of the biggest movers in the premarket:

04.08 / 14:51

Provident Amazon Microsoft Big Tech Is the West’s Surprise Weapon in Competition With Russia, China

In February, Ukraine passed a law allowing private cloud providers to host government data outside its borders, then struck contracts with Amazon Web Services, Microsoft Corp. , Oracle Corp. and Alphabet Inc.’s Google.

04.08 / 13:37

Twitter FIVE Digital Platform Almost $5m Withdrawn from ZB.com in Possible Hack

Crypto exchange ZB.com has fallen victim to a possible hack as $4.8 million was withdrawn from its hot wallet, according to security firm PeckSheild.

04.08 / 08:47

LGBT Climate change Death China begins 'unprecedented' military drills around Taiwan

China has begun large-scale military sea and air exercises around Taiwan, following a controversial visit by US politician Nancy Pelosi.

04.08 / 07:55

Ethereum BNB Polygon Shiba Inu Crypto Price Today: Ethereum, BNB, Polygon, Shiba Inu rise up to 3%

Geopolitical worries capped the gains for the digital market as US congresswoman Nancy Pelosi visited Taiwan which infuriated China. The world's second-largest economy warned of 'targeted' military operations.

04.08 / 03:13

regulation Trading Bitcoin Premium South Korean Banks May Be in Trouble as Regulator Probes Kimchi Premium Bitcoin ‘Irregularities’

South Korean banks could find themselves in the firing line after the government, media outlets, and regulators stepped up the scrutiny of the banks' role in enabling kimchi premium traders to make fast money when trading volumes rise.

04.08 / 01:53

Russian Oil Cap Push Faces Doubts From Energy, Finance Industry

WASHINGTON—A Biden administration proposal to cap the price of Russian oil is facing skepticism from some oil analysts and financiers who question whether the U.S. and its allies can effectively dictate the global sales price for a major supplier of oil.

03.08 / 20:19

Booking Moderna CVS Gilead Stocks making the biggest moves midday: Gilead Sciences, CVS, Electronic Arts and more

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03.08 / 19:21

business Blockchain Loans Chinese municipal bank issues first-ever digital yuan loan using intellectual property as collateral

As reported by local news outlet Sohu, on Wednesday, the Agricultural Commerce Bank of Zhangjiagang, located in China's Suzhou province, announced that it had issued a 500,000 digital yuan (e-CNY) loan with intellectual property backing it as collateral. The loan was issued via unanimous approval by the city's consumer markets regulator, financial markets regulator and municipal officials.

03.08 / 19:21

markets Bitcoin Bitcoin Price Bitcoin price battles $23.5K resistance amid relief over Pelosi Taiwan trip

Bitcoin (BTC) rose to daily resistance at the Aug. 3 Wall Street open as United States equities gained on relief over Taiwan.

03.08 / 18:11

Ethereum Polkadot Polygon ethereum price today Drop Crypto Price Today Live: Polygon, Polkadot, Shiba Inu, Ethereum drop up to 12%

Signs of economic slowdown on the back of muted manufacturing data in several countries and fresh escalation in the geopolitical worries between the US and China dented the sentiments. Trading volumes also remained light. All the top crypto tokens were trading lower on Tuesday.

03.08 / 15:11

Action Starbucks Moderna CVS Stocks making the biggest moves premarket: CVS, Under Armour, Moderna and more

Check out the companies making headlines before the bell:

02.08 / 21:17

markets Federal Reserve Futures Bitcoin Bitcoin derivatives Bitcoin derivatives show a lack of confidence from bulls

Bitcoin (BTC) has been trending up since mid-July, although the current ascending channel formation holds $21,100 support. This pattern has been holding for 45 days and could potentially drive BTC towards $26,000 by late August.

02.08 / 19:57

Climate change European Union celebrities Heatwave us house US House Speaker Nancy Pelosi arrives in Taiwan in defiance of Beijing

U.S. House Speaker Nancy Pelosi arrived in Taiwan on Tuesday night despite threats from Beijing of serious consequences, becoming the highest-ranking American official in 25 years to visit the self-ruled island claimed by China.

02.08 / 18:23

markets Predictions Bitcoin Bitcoin Price Bitcoin price clips $23K on Pelosi Taiwan visit as trading range persists

Bitcoin (BTC) saw volatility after the Aug. 2 Wall Street open amid ongoing market reactions to tensions between the United States and China.

02.08 / 16:00

Blockchain Adoption Report Metaverse Metaverse market share to surpass $50 billion by 2026, says new report

A new report by technology research and advisory firm Technavio reveals an upward trend for the Metaverse within the next four years.

02.08 / 15:21

markets Ethereum Bitcoin Bitcoin Price Bitcoin traders pinpoint key levels to watch as BTC price tests key trendlines

Bitcoin (BTC) is pressuring newly-won support levels this week as geopolitical uncertainty raises the stakes for risk assets.

01.08 / 16:55

Manufacturing recovery China’s Stumbling Manufacturing, Property Sectors Show Long Road to Recovery

China’s major economic pillars wobbled in July with weakness in manufacturing and the all-important property sector, showing the pressure on a country that remains a drag on the struggling global economy.

01.08 / 15:49

Action Software Boeing Stocks making the biggest moves in the premarket: Boeing, Nio, Check Point Software and more

Take a look at some of the biggest movers in the premarket:

01.08 / 15:35

Adoption regulation Bitcoin Huobi gets green light as exchange provider in Australia

Crypto exchange Huobi can begin offering cryptocurrency exchange services in Australia after its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC) on Aug. 1. This means Huobi can now offer fiat to cryptocurrency trading services in the country.

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