All American investment in Chinese companies that the United States government deems to have relationship with the Chinese military will not be prevented under and order issued by the US President Donald Trump. China was accused in the order by… Read More ›
According to a report from the Wall Street Journal which cites Chinese officials with knowledge of the matter at hand, Chinese President Xi Jinping had personally decided to pull the plug on Ant Group’s $37-billion initial public offering. The decision… Read More ›
In a significant development, the Trump Administration has passed an executive order which prohibits U.S. investments in Chinese companies, which are owned or controlled by the Chinese military. The executive order is likely to impact some of China biggest companies,… Read More ›
Following China breaking its bilateral treaty with Britain with the imposition of its draconian measures garbed through its new security laws on Hong Kong, Britain stated it is considering the imposition of sanctions against it as part of its response… Read More ›
A new report has suggested that special taxes should be imposed on those employees who continue working from home after the pandemic is over and the amount should be used to help out the lower-paid workers. A proposal of imposing… Read More ›
A set of new rules aimed at clamping down on the market power of the country’s biggest internet companies has been proposed by China. According to analysts, the proposed regulations indicate the growing unease of the Chinese regulators with the… Read More ›
In a statement on Thursday, Indonesia’s finance minister Sri Mulyani Indrawat said, Jakarta has signed a $1.09 billion (A$1.5 billion) loan agreement with the Australian government. The money will be used to help fight the coronavirus-induced COVID-19 pandemic which emerged… Read More ›
In a development that marks the re-establishment of overseas travel links between countries, Hong Kong and Singapore have announced that they will lift quarantine requirements for visiting foreigners. In a statement Singapore’s Transport Minister and Hong Kong’s Commerce Secretary said,… Read More ›
According to early data analysis of stock trading, news of a breakthrough in the race to find a vaccine for COVID-19 triggered one of the heaviest trading days since the height of the pandemic crisis with trade worth around $2… Read More ›
In a significant development, U.S. Attorney General William Barr authorized federal prosecutors to pursue investigations into “substantial allegations of voting and vote tabulation irregularities,” while urging prosecutors not to chase “fanciful or far-fetched” claims. Barr’s letter to prosecutors marks the… Read More ›
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