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Russian firms are scrambling to open Chinese bank accounts in response to sanctions: report

A worker at a Moscow branch of a Chinese state bank told Reuters that "200 to 300 companies" had ma…

Urooba Jamal   


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7 mins read

China is doing everything it can to conceal the true extent of its economic turmoil

Chinese President Xi Jinping and the Chinese government have a brilliant plan to deal with the coun…

Linette Lopez   


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1 min read

Beijing flinches from Evergrande bailout, nudges government-owned firms to snap up assets, report says

Vanke, China Jinmao Holdings, and China Resources Land are among those that have been asked to purc…

Isabelle Lee   


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Russia says it will not let foreign banks exit the market easily unless they unfreeze Russian assets

President Vladimir Putin's regime continues to impose an increasing number of punitive measures on …

Huileng Tan   


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China's central bank has ordered domestic banks and payment providers not to offer crypto services

China's central bank ordered domestic financial institutions to cut the payment channels of clients…

Isabelle Lee   


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Chinese state-run banks reportedly are looking to expand digital yuan usage to sales of investment funds and insurance

China Construction Bank has opened 7.23 million digital wallets for individual users, the South Chi…

Carla Mozée   


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China's 1.4 billion population can't fill the country's millions of empty homes. Here's 3 things that would.

China's empty homes, based on experts' high estimates of vacant houses, could house nearly 10 times…

Matthew Loh   


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3 mins read

China's tanking economy is costing major US companies and could throw cold water on America's economic boom

China's economic slowdown is causing revenue losses in some major US industries, including biotechn…

Noah Sheidlower   


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5 mins read

China now bails out countries after pushing them into 'debt-trap'

American officials have accused China of engaging in "debt trap diplomacy" that is saddling countri…

ANI   


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Amid security concerns, Japan deploys troops on remote islands near China, Taiwan

Due to security concerns from the Chinese side, Japan has decided to deploy missile troops on remot…

ANI   


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European markets up after Credit Suisse takes loan from Swiss Central Bank

Europe's main markets have opened higher after moves from the Swiss Central Bank reassured investor…

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Central banks will keep buying gold as dollar sanctions shift long-term strategies on currency reserves

"We think this trend of central bank buying is likely to continue amid heightened geopolitical risk…

Filip De Mott   


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China's iPhone ban has office workers worried their own bosses will start getting ideas and banning all Apple devices too for no good reason

Employees are fretting that their bosses will demand they get a second phone, amid speculation that…

Matthew Loh   


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House of cards: Goldman Sachs cuts MSCI China's earnings growth to zero

Goldman Sachs has cut MSCI China index’s earnings forecast to zero as China’s housing bubble inches…

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3 mins read

India's been touted as the new China — but here are 4 key areas where the South Asian giant is still playing catch up

There's so much optimism about India that Goldman Sachs forecasts India's economy will even surpass…

Huileng Tan   


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Filip De Mott   


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5 mins read

Capital-intensive, cyclical and value stocks to continue their outperformance

Capital-intensive, cyclical and value stocks have outperformed since FY21, according to a report by…

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3 mins read

China may not like cryptocurrencies but is pushing blockchain across 164 cities, companies and other entities

China’s government has announced an internal push to speed up blockchain development and innovation…

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China is grappling with slumping growth, a property crisis and debt woes - the next jolt could come from the yuan hitting a 16-year low

A plunging yuan could spook international investors at a time when China's floundering economy need…

Zahra Tayeb   


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India to benefit as investment destination as China slows down: SBI Report

Commenting on China's sliding construction sector, the SBI report said that as India's eastern n…