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China's Official News Agency Launches NFTs, As Government Clamps Down On Crypto
Wednesday, December 22, 2021 - 5:46pm | 348Read More...In a surprising turn of events, a Chinese state-managed news agency plans to launch a non-fungible token (NFT) collection. What Happened: China's official state-owned media outlet, Xinhua News Agency announced the planned launch of a limited collection with 10,000...
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HSBC Backs China's New National Security Law For Hong Kong As It Seeks Stability In Key Market
Thursday, June 4, 2020 - 10:01am | 294Read More...HSBC Holdings plc (NYSE: HSBC) has publicly backed China's controversial national security law for semi-autonomous city Hong Kong, Reuters reported Wednesday. What Happened The Asia Chief Executive at Europe's largest bank, Peter Wong, signed a petition backing the law aimed at further...
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Asia Markets Mixed As Coronavirus Cases Rise, Mobile World Congress Canceled
Friday, February 14, 2020 - 8:49am | 487Read More...Markets in Asia traded in mix on Friday as investors continue to weigh the impact of the coronavirus outbreak on the global and regional economy. What Happened China confirmed 5,090 new cases of the virus by the end of Thursday with 121 new deaths, according to the state-run Xinhua News Agency....
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Asia Markets, US Futures Slump As Coronavirus Cases, Deaths Rise Even More
Thursday, February 13, 2020 - 7:40am | 425Read More...The market rally in Asia on Thursday subsided, ending the slow recovery that the markets were seeing after an initial selloff due to coronavirus sentiments following the extended Lunar New Year holiday in China. What Happened The fears were renewed as Chinese authorities reported a nine times...
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Asian Markets Mixed As Coronavirus Cases Rise To Over 40K
Monday, February 10, 2020 - 8:47am | 327Read More...Markets in Hong Kong and Japan fell on Monday amidst fears that the number of patients suffering from coronavirus continues to rise. Markets in mainland China, however, held steady. What Happened Confirmed cases of coronavirus rose to 40,171 by the end of Sunday, with 908 fatal cases, ...
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Asian Markets Stabilize After Monday's Sell-Off, Coronavirus Cases Cross 20K
Tuesday, February 4, 2020 - 5:06am | 557Read More...Chinese stocks led an Asia-wide market recovery on Tuesday, as the paranoia over the markets reopening post the extended lunar holiday seemed to calm down. What Happened The number of confirmed cases of the novel coronavirus rose to 20,438 by the end of Monday, according to state-run Xinhua News...
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China Stocks Plummet, As 17K Coronavirus Cases, First Death Outside The Country Confirmed
Monday, February 3, 2020 - 12:17am | 462Read More...Markets in China tumbled significantly in early trade on Monday (Beijing time) over coronavirus fears. What Happened The markets opened after the Lunar holiday, which was extended due to the novel coronavirus outbreak, after having last traded on January 23. The death toll from the virus...
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Alibaba, Tencent, HSBC, Other Hong Kong Stocks Drop Over Coronavirus Concerns As Markets Open After Holiday
Wednesday, January 29, 2020 - 6:15am | 604Read More...Hong Kong saw a market-wide drop on Wednesday as markets opened after the Lunar New Year holidays. What Happened Concerns over the spread of novel coronavirus continue as the official death toll rose to 132 by the end of Tuesday (Beijing Time), with 5,974 cases confirmed, as reported by China's...
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How to Profit from the Chinese Vow to Maintain Exchange Rate Policy
Monday, October 17, 2011 - 7:53am | 586Read More...According to reports in the Chinese media over the weekend, Chinese Premier Wen Jiabao vowed to keep China's exchange rate with the United States dollar stable in order to help China's exporters. The remarks from the Chinese Premier were probably aimed at U.S. lawmakers as much they were meant for...
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Trading on Baidu's Punishment Over Illegal Downloads (BIDU, GOOG, CHIB, CQQQ)
Monday, April 25, 2011 - 8:14am | 398Read More...The Chinese Ministry of Culture announced on Monday that it would punish Baidu, Inc. (Nasdaq: BIDU) and thirteen other websites for ignoring repeated warnings to cut down on the illegal downloading of copyrighted music, according to the Xinhua News Agency. Exactly what sort of punishment Baidu,...
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Senior Executive At China Mobile (CHL) Parent Company Dismissed
Thursday, December 31, 2009 - 9:08am | 104Read More...Zhang Chunjiang, vice president at the parent company of China Mobile (ADR) (NYSE: CHL) has been dismissed from the post. In a statement, the Communist Party said the reason for his removal was involvement in serious economic issues. The news has been confirmed by the state- run Xinhua News Agency...
