The BRICS alliance is capturing global attention with its bold initiative to challenge the longstanding dominance of the US dollar in international trade.As approximately 40 countries…
The Chinese yuan is making significant strides in the global financial systems. This shift is part of a broader de-dollarization effort, where China is attempting to…
Beijing’s finance chief, Huo Xuewen, has made a bold declaration against Security Token Offerings (STOs).His announcement highlights Beijing’s persistent stance against unregulated cryptocurrency activities, reflecting China’s…
China has outlined plans to increase import tariffs on American goods in response to US plans to levy higher taxes on Chinese imports, according to BBC…
Chancellor of the Exchequer George Osborne has kick-started the bidding process for phase one of the UK governments HS2 rail project at an event in Chengdu, China, during…
Chinese e-commerce firm Alibaba Group Holding Limited has taken an undisclosed minority stake in US online shopping services firm ShopRunner Inc for USD75m (EUR56.3m), the Financial…
The International Monetary Fund (IMF) has lowered its forecast for China’s economy growth to 7.75% for this year,lower than the 8% forecast for 2013 that the…
Netherlands-based TNT Express NV (AMS:TNT) is looking at divestment opportunities for its operations in Brazil and China, the express delivery company’s interim CEO Bernard Bot said…
Chinese sovereign wealth fund China Investment Corporation (CIC) is pondering the acquisition of an interest in German premium motor vehicles manufacturer Daimler AG (ETR:DAI), Chinese media…
British banking and financial services group HSBC Holdings Plc (LON:HSBA) on Wednesday announced a HKD72.74bn (USD9.4bn/EUR7.2bn) agreement for the sale of its 15.57% in Chinese insurer…
