Unit of Chinese state-owned developer Greenland to apply for Hong Kong virtual asset trading licence, CEO says
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. A unit of Shanghai-based Greenland Holdings is planning to apply for a licence to trade assets including cryptocurrencies, NFTs and carbon credits, according to its CEO. https://www.scmp.com/business/article/3220802/unit-chinese-state-owned-developer-greenland-apply-hong-kong-virtual-asset-trading-licence-ceo-says?utm_source=rss_feed
Read MoreU.S. dollar opens higher in Taipei trading
Taipei, May 17 (CNA) The U.S. dollar opened at NT$30.83 Wednesday on the Taipei Foreign Exchange, up NT$0.025 from the previous close. https://focustaiwan.tw/business/202305170002
Read MoreHow energy is powering China’s relationships with Central Asia
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Beijing is seen in the region as a reliable partner compared with the US and Russia, analyst says. https://www.scmp.com/news/china/diplomacy/article/3220788/how-energy-powering-chinas-relationships-central-asia?utm_source=rss_feed
Read MoreWhat are Hong Kong’s window cleaning rules for domestic helpers? A look at the 2017 safety clause and its impact
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Domestic helper’s death earlier this week puts spotlight on workplace safety. https://www.scmp.com/news/hong-kong/society/article/3220785/what-are-hong-kongs-window-cleaning-rules-domestic-helpers-look-2017-safety-clause-and-its-impact?utm_source=rss_feed
Read MoreWall Street banks are split on China’s growth prospects after April’s data missed forecasts
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China’s poor economic performance last year makes for a low base of comparison, suggesting it’s easier for gross domestic product to register solid growth for 2023. https://www.scmp.com/business/banking-finance/article/3220801/wall-street-banks-are-split-chinas-growth-prospects-after-aprils-data-missed-forecasts?utm_source=rss_feed
Read MoreCrude Oil Falls, Weighed by China’s Economic Data
Wall Street Journal Crude-oil prices were lower in early Asian trade. Prices were likely weighed by the release of weaker-than-expected Chinese economic data on Tuesday, which implies a dimmer demand outlook, OCBC said. https://www.wsj.com/articles/crude-oil-falls-weighed-by-chinas-economic-data-2ab3fb35
Read MoreRussia should work actively to become technologically independent — Medvedev
Disclaimer: TASS is Russian government propaganda, and not a reliable news source. “It is very important for us to work actively to replace foreign equipment with domestic equivalents, the deputy chairman of Russia’s Security Council said https://tass.com/economy/1618501
Read MoreRussia tries to strengthen offensive operations in Bakhmut area – ISW
Pravda Ukraine Russia has decided to strengthen its tactical offensive operations in the Bakhmut area, even though Ukraine has focused on local counterattacks there, analysts at the Institute for the Study of War believe. https://www.pravda.com.ua/eng/news/2023/05/17/7402541/
Read MoreStars Shine as Douglas, Deneuve Open Cannes Film Festival
Wall Street Journal Michael Douglas received an honorary Palme d’Or and was joined later by French actress Catherine Deneuve, seen on the official poster in a 1968 photo, on Tuesday to kick off the 76th Cannes Film Festival on the French Riviera. Photo: Valery Hache/Agence France-Presse/Getty Images https://www.wsj.com/articles/stars-shine-as-douglas-deneuve-open-cannes-film-festival-770f86b7
Read MoreWill Biden’s ‘little Nato’ G7 unity push cause an ‘economic iron curtain’ to fall over US-China relations?
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The US president must navigate a delicate balance between countering China’s economic coercion and sowing further division, observers say. https://www.scmp.com/week-asia/politics/article/3220760/will-bidens-little-nato-g7-unity-push-cause-economic-iron-curtain-fall-over-us-china-relations?utm_source=rss_feed
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