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US Dollar Sustains Two and a Half Year Highs as Trade Tensions Grip
22.5.2019
The trade war between the United States and China has possibly been the most damaging trade issue that has engulfed the world in recent years. It is only natural considering the fact that the two nations are the two biggest economies in the world and when a trade impasse of this nature takes place...
2 Chinese OTC Traders Accused of Illicitly Raising Bitcoin by Promising Interest
22.5.2019
Two Chinese over-the-counter crypto trading chat groups administrators have been accused of illicitly collecting bitcoin for running a loan scheme
Holding Bitcoin Is Legal In China, Says Bank Of China Law Research Association Council Member
22.5.2019
While most of Asia is booming, China continues to remain a barren land for cryptocurrencies. The world’s second-largest economy has kept its doors shut to Bitcoins, though accepting blockchain technology. However, the latest news coming from China seems to be quite encouraging for crypto...
Despite Pain in China, Jaguar Manages to Post a Quarterly Profit
22.5.2019
There was a time when British companies used to rule the world, but over the years, some of the nation’s most successful companies have struggled during heightened competition and iconic car manufacturer Jaguar is certainly one of them. The economic slowdown in China over the past few months...
Report: Chinese E-Commerce Giant JD.com Has Applied for Over 200 Blockchain Patents
21.5.2019
Chinese e-commerce giant JD has reportedly filed for approximately 200 blockchain patents
Worsening US-China Trade War Is Behind BTC Price Rise, Digital Currency Group CEO Claims
21.5.2019
The CEO of Digital Currency Group has suggested that the recent rise in bitcoin prices could be linked to the U.S.-China trade war
Colombo Port to be built by Japan and India, Undermining China’s Belt and Road
21.5.2019
China’s rising influence in Asia and other parts of the world through its Belt and Road initiative has not gone unnoticed. The infrastructure program has come in for a lot of criticism from many nations as they claim that the whole thing is a plan from the Chinese to become one of the most powerful...
Chinese Central Bank-Led Fintech Research Institute Seeks New Blockchain Talent
21.5.2019
A fintech research institute established by China's central bank has posted several new job openings for blockchain talent
As HSBC Guns for More Market Share, More Tech Jobs To Come Up in China
21.5.2019
HSBC Holdings is one of the largest banking giants in the world and over the course of its history; the bank has always had a strong presence in Asia. However, the lender is not going to rest on its laurels and is looking to further consolidate its presence in the continent by adding as many...
PBoC’s Fintech Research Institute Is Hiring Blockchain Experts
21.5.2019
A research institute under the Chinese central bank has just announced 29 job openings – three of which focus on blockchain-related expertise.
Benefits of Binance over-the-counter (OTC) Trading Desk for crypto-to-crypto Transactions
21.5.2019
Binance is the most famous cryptocurrency exchange which was started in China; lately, they have shifted their center of Operations to the crypto friendly island of Malta in the European Union. Binance is the name which comes in mind for crypt to crypto exchange services. Even though it...
New Report By European Central Bank Says That Cryptocurrencies Are Not A Threat To Financial Stability
21.5.2019
Cryptocurrencies have become one of the most talked about topics in recent times, and certainly among the most debated ones. However, regulators across the globe seem to be at war with digital assets, which are often thought of as harmful for economic health. Europe has played more or less...
Brazil’s Soybean Farmers: the Big Winners of US-China Trade War
17.5.2019
The trade war between the United States and Chine has comfortably been the most significant development as far as global trade is concerned, and even after months of talks between the two nations, no resolution is yet at sight. In fact, the tensions have escalated after the two countries resumed...
American Consumers Feel The Heat Of Trade War, Walmart Raises Prices
17.5.2019
Trump’s imposition of tariffs on Chinese products attracted a retaliatory tariff hike by China on American products. The latest victim of this trade war is the average American consumer as Walmart in a statement said that it would increase prices on the items that are imported from China....
Chinese Giant Baidu Records First Quarterly Net Loss Since Listing, Stock Dips
17.5.2019
The fact that Google and many other tech giants are not allowed to ply their trade in China has proven to be a huge book for local tech companies, and over the years, many of those homegrown companies have gone on to become behemoths in their own right. The primary reason behind that hyper-growth...
Digital Renminbi: A Fiat Coin to Make M0 Great Again
17.5.2019
Anonymous, cryptocurrencies could become more important in an environment where government money is closely controlled, says Dovey Wan
Paying the Price: WeChat Merchants Banned From Crypto Payments
16.5.2019
“It is precisely this type of restriction of freedom that will push people to use crypto,” China’s crypto community remains positive despite tightening restrictions
Tension In Middle East, Oil Prices Increase
16.5.2019
The US West Texas Intermediate crude futures rose by 25 cents from the previous day and was at $62.27 for a barrel a rise of 0.4%. The Brent Crude futures also rose up by 0.7% up by 0.4% and ended the session at $72.04 for a barrel. The oil prices had stabilized after the fallout …
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CEO of Burger King’s Parent Company Looks for Long Term Growth in China as Slowdown Hits
16.5.2019
China is the world’s second-largest economy and over the past decade, some of the biggest companies in the world have flocked to the nation in order to meet the insatiable demand for all sort of products and fast food was business certainly one of them. Burger King remains one of the best known...
Japan Considering Downgrading Its Economy As Per Direct Sources
16.5.2019
A Japanese government source said that the government might downgrade the economic outlook for its country as the factory output and exports fall due to the ongoing trade war with the U.S. and China. The report which will be released next week is also fueling speculation that Prime Minister Shinzo...