There is now more clarity regarding whether Chinese companies can list abroad in the United States. Late Friday night, the China Securities Regulatory Commission unveiled new guidelines that call for domestic businesses to abide by national security measures and the… Read More ›
Month: February 2023
EU Urges Banks To Adopt Crypto Capital Regulations Quickly
If Europe wants to meet a globally agreed-upon deadline, strict capital requirements for banks holding cryptoassets must be fast-tracked in the pending banking law of the European Union, according to the bloc’s executive. The implementation of capital requirements for banks’… Read More ›
India’s Daily Imports Of Russian Oil Reached A Record High Of 1.4 Million Barrels In January
According to data from trade sources, India’s imports of Russian oil increased to a record 1.4 million barrels per day (bpd) in January, up 9.2% from December. Moscow continued to be New Delhi’s top monthly oil supplier, followed by Iraq… Read More ›
Goldman Sachs Anticipates A 24% Increase In China Stock Prices By The End Of 2023
According to Goldman Sachs strategists, by the end of this year, Chinese stocks could rise by as much as 24% due to an economic transition from “reopening to recovery.” According to a note published on Monday, the company anticipates a… Read More ›
Sea Ice In Antarctica Shrinks To New Lows
Since the beginning of using satellites to measure it in the late 1970s, there is currently less sea ice surrounding the Antarctic continent than at any other time. According to the National Snow and Ice Data Center, this year is exceptional… Read More ›
NATO Signals A Growing Chinese Threat, Says If Russia Wins In Ukraine Beijing Will Be “Watching Closely”
China is closely monitoring Russia’s progress in the Ukraine, according to NATO Secretary-General Jens Stoltenberg, who also noted that the outcome of the European war will probably have a significant impact on Beijing’s actions in the Asia-Pacific region. “Beijing is… Read More ›
UK Consumers Made More Purchases In January, But The Economy Is Still In General Decline
Although British consumers unexpectedly increased their shopping in January, the overall picture still shows weak demand from households struggling with inflation and turning more to retailer sales to make ends meet. Sales volumes increased by 0.5% from December, marking only… Read More ›
The Biggest Unknown For Oil Markets Is China’s Recovery, According To The IEA Chief
The extent to which China recovers from its prolonged closure, according to the executive director of the International Energy Agency, is the biggest uncertainty facing global energy markets. At the Munich Security Conference, Fatih Birol told CNBC that the oil… Read More ›
Despite US Sanctions, Bitcoin’s Value Increases As The Value Of The Crypto Market Increases By $84 Billion
Despite the U.S. government’s tougher regulatory stance, cryptocurrency markets rose on Thursday. At around 7:45 a.m. ET, bitcoin increased by 2.4% to $24,579.55, while ether increased by more than 1% to $1,686.87, according to Coin Metrics. According to Vijay Ayyar,… Read More ›
Record Growth Expected For China Solar Power Capacity This Year
According to a solar manufacturing association, China is expected to add 95 to 120 gigatonnes (GW) of solar power capacity in 2023, or up to 30%, in what would be a record annual capacity increase. According to official data, the… Read More ›