Tag: Chinese Yuan
APAC Leaders Convene at Huawei Congress to Discuss Digital Growth – Fintech Singapore
by Fintech News Singapore
April 29, 2024
The Huawei Digital and Intelligent APAC Congress, co-hosted by Huawei and the ASEAN Foundation, recently concluded in Bangkok, drawing...
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Nasdaq 100: Deteriorating market breadth does not bode well for the bulls – MarketPulse
The price actions of Nasdaq 100 have reached...
Market Insights Podcast – Currency war risk, US PCE, AU monthly CPI on the watch – MarketPulse
OANDA Senior Market Analyst Kelvin Wong joins Jonny...
Australian dollar stabilizes, consumer sentiment next – MarketPulse
The Australian dollar has started the week with...
Hang Seng Index: Potential currency war may kick start another bearish leg – MarketPulse
A less dovish Fed with a surprise cut...
Hong Kong Chamber of Commerce Wants Chinese Yuan-Backed Stablecoin – Decrypt
The Hong Kong General Chamber of Commerce has proposed the issuance of a stablecoin backed by the Chinese yuan.In a statement accompanying proposals for...
Ebury Launches Bank in Brazil, Eyes Expansion and IPO
Ebury, a financial
technology company offering cross-border payment solutions, is progressing with
its expansion across Brazil. The company recently launched Ebury Bank, an
exclusive brand for the...
Iran Joins BRICS In Plot To Permanently Dethrone The US Dollar
Iran joins BRICS with a plan to challenge the US Dollar’s global dominance.
The group is considering creating a unified BRICS currency...
Indonesian Police Authorities Shuts Down 10 Bitcoin Mining Operations
Indonesian police authorities have reportedly closed down 10 Bitcoin mining operations, accusing the miners of electricity theft amounting to nearly $1...
Zhao Dong’s Conviction Highlights China’s Stance on Cryptocurrency and Foreign Exchange Regulation
The over-the-counter (OTC) cryptocurrency trading desk RenrenBit was founded by Zhao Dong, who is notoriously known as the "OTC King." Zhao Dong was found...
Chinese Web3 VC Sparks Metaverse With $10B Fund – CryptoInfoNet
Chinese venture capital (VC) firm GBA Capital announced a $10 billion pledge to build a Web3 fund during the Guangdong-Hong Kong-Macao Greater Bay Area...
RenrenBit Founder Sentenced in Prison as China Cracks Down on Crypto Activities
China’s Supreme Procuratorate has dealt a significant blow against illegal cryptocurrency operations by sentencing Zhao Dong, the founder of RenrenBit and a minor...
Deflationary spiral is still a recurring risk in China, but the yuan remains resilient – MarketPulse
November NBS Manufacturing & Non-Manufacturing PMIs for China came in weaker than expected.
Recurring risk of the deflationary spiral in China has led to...
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