China Financial News

23.03 / 01:23

TikTok New TikTok users exposed to fake news about Russia-Ukraine war, study reveals

New TikTok users are exposed to misinformation about the war in Ukraine within 40 minutes of signing up, according to a new report.

22.03 / 23:53

business Blockchain Adoption Joint Venture Volvo's parent company establishes blockchain joint venture headquarters in Wuxi, China

On Tuesday, privacy blockchain Concordium and Geely Holding, a Chinese multinational automotive car company that owns brands such as Volvo, announced the creation of a joint blockchain venture headquarters in Wuxi, China. The project aims to develop blockchain technologies and improve blockchain standards, mainly in the automotive industry.

22.03 / 20:01

UPS Pfizer Nike Stocks making the biggest moves midday: Nike, Pfizer, Alibaba, Carnival and more

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22.03 / 18:39

China’s decision over Russia will be critical for western investors

Immediately after Russia’s invasion of Ukraine, some observers asked whether it increased the risk that China would invade Taiwan. After all, if Vladimir Putin could shock the world by attempting to enforce his territorial claim to Ukraine, might not Xi Jinping do the same with China’s former province?

22.03 / 18:03

business Government US exceptionalism could be tested as digital assets find footing worldwide — Sheila Warren

Sheila Warren, CEO of the Crypto Council for Innovation and former head of data, blockchain and digital assets at the World Economic Forum, said the digital yuan may present certain challenges for the United States. However, regulators and lawmakers may want consider how to encourage digital innovation, as China is already "massively tech forward" for its residents.

22.03 / 17:15

markets Stablecoin Bitcoin Bitcoin Price open Bitcoin hovers at $43K on Wall Street open amid growing fever over Terra's $3B BTC buy-in

Bitcoin (BTC) showed signs of wanting higher levels still on March 22 as Wall Street Trading saw a return above $43,000.

22.03 / 16:01

Helena Morrissey redoubles China warnings over Russia links: Investors risk ‘being on the wrong side of history’

Baroness Helena Morrissey urged investors to stop buying stakes in Chinese companies, claiming they risk “being on the wrong side of history” if Beijing lends its support to Russia’s invasion of Ukraine.

22.03 / 15:23

Nike Okta Altria Stocks making the biggest moves in the premarket: Nike, Okta, Alibaba and more

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

22.03 / 14:19

markets Mining Bitcoin Bitcoin Price Time Bitcoin hash rate may see ‘small capitulation’ with difficulty set for new all-time high

Bitcoin (BTC) set a new all-time high for hash rate last week, but opinions are divided as to whether the uptrend can continue.

22.03 / 13:39

Tencent China’s Big Tech Firms Are Axing Thousands of Workers

BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure.

22.03 / 12:33

Bitcoin news crypto mining Bitcoin Bitcoin miners want to recast themselves as eco-friendly

But unlike other bitcoin mining operations, which consume large quantities of fossil fuels and produce carbon emissions, Argo claims it's trying to do something environmentally responsible. As Peter Wall, Argo's chief executive, led a tour of the 126,000-square-foot construction site one morning this month, he pointed to a row of wind turbines a few miles down the road, their white spokes shining in the sunlight. The new facility, an hour outside Lubbock, would be fueled mostly by wind and solar energy, he declared. «This is bitcoin mining nirvana,, Wall said. „You look off into the distance and you've got your renewable power.

22.03 / 10:25

Banks seize $2bn from Evergrande unit as results delayed

Banks have unexpectedly taken control of more than $2bn held by one of China Evergrande Group’s key subsidiaries, as the embattled property developer said neither it nor its main listed units could meet an imminent deadline to publish their annual results.

22.03 / 08:05

Aviat Airlines Boeing Southern plane reports China Boeing 737 plane crash: No reports yet of bodies or survivors

BEIJING — No bodies or survivors have yet been found from the China Eastern Airlines crash as of Tuesday morning, Chinese state media said.

22.03 / 03:53

Helena Morrissey redoubles China warnings over Russia links: Investors risk ‘being on the wrong side of history’

21.03 / 22:31

Ethereum Tether Asia Bitcoin crypto market cap NOT 2 metrics signal traders do not expect $2T crypto market cap anytime soon

Cryptocurrencies failed to break the 42-day long downtrend after the $1.95 trillion capitalization resistance was rejected on March 20. Even though Bitcoin (BTC) gained a modest 3.7% over the past seven days, altcoins presented a robust rally.

21.03 / 20:37

Disney JPMorgan Boeing Stocks making the biggest moves midday: Boeing, Disney, Berkshire Hathaway and more

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21.03 / 17:23

Ethereum MARKET proof-of-work Ethereum Classic week NOT Ethereum Classic Jumps 54% In a Week, But History Shows That the Rally May Not Last

The price of Ethereum classic (ETC), the project that split from Ethereum (ETH) after a hack in 2015, jumped over the weekend, supported by strong technicals in the chart and speculation that some Ethereum miners could embrace it.

21.03 / 14:53

Software Boeing Nielsen Holdings Stocks making the biggest moves premarket: Boeing, Anaplan, Nielsen Holdings and more

Check out the companies making headlines before the bell:

21.03 / 13:31

China’s decision over Russia will be critical for western investors

21.03 / 12:45

Kyiv Anniversary plane Plane with 133 people on board 'crashes in China'

A Chinese airliner with 133 people on board crashed in the southern province of Guangxi on Monday, state media has reported.

21.03 / 12:23

regulation Tencent Chinese internet giants remove NFT platforms fearing gov't crackdown

China's leading social media platforms and internet giants have updated their policy to restrict or remove nonfungible token (NFT) platforms, citing a lack of regulatory clarity and fearing government crackdown.

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