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Yuan internationalization drive hits a local speed bump: As Chinese leader Xi Jinping works to increase the yuan’s role in global trade and finance ...
asiatimes.com/2024/04/yuan-internationalization-drive-hits-a-local-speed-bump/
Yuan internationalization drive hits a local speed bump
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Japan's exports grow on semiconductor equipment sales to China: TOKYO -- Japan's exports grew in value terms for the fourth consecutive month in March ...
asia.nikkei.com/Economy/Trade/Japan-s-exports-grow-on-semiconductor-equipment-sales-to-China
Japan's exports grow on semiconductor equipment sales to China
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Ratings agency Fitch lowers China’s sovereign credit outlook to negative: Beijing says it is ‘disappointed’ with decision by US-based ratings agency.
aljazeera.com/news/2024/4/10/ratings-agency-fitch-lowers-chinas-sovereign-credit-outlook-to-negative
Ratings agency Fitch lowers China’s sovereign credit outlook to negative
Quick Glance: Fitch downgrades China's sovereign credit outlook
  • Fitch Ratings has downgraded China’s sovereign credit outlook to negative, prompting pushback from Beijing.

  • The downgrade reflects “increasing risks to China’s public finance outlook” as the country attempts to move away from real estate-led growth.

  • Fitch said it expected the government deficit to rise to 7.1 percent of gross domestic product (GDP) in 2024, up from 5.8 percent last year.

  • China’s economy, the world’s second-largest, is grappling with slowing growth amid a host of headwinds, including a shrinking population, weak consumption, a prolonged real estate slump, and capital outflows.
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Asian shares slide on US rate cut rethink; China GDP beats estimates: Asian stocks fell and the dollar climbed to more than five-month highs on Tuesday as ...
reuters.com/markets/global-markets-wrapup-1-2024-04-16/
Asian shares slide on US rate cut rethink; China GDP beats estimates
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Yellen warns of more sanctions in response to Iran's increasing activity: “Treasury will not hesitate to work with our allies to use our sanctions authority ...
pbs.org/newshour/economy/yellen-warns-of-more-sanctions-in-response-to-irans-increasing-activity
Yellen warns of more sanctions in response to Iran's increasing ...
Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities
  • Treasury Secretary Janet Yellen warned of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's 'malign and destabilizing activity' in the region.

  • The fast-rising tensions between Iran and Israel and the potential implications of escalation on the global economy are at the forefront of the spring meetings of the International Monetary Fund and World Bank.

  • Yellen announced additional sanctions actions against Iran in the coming days and expressed support for liquidating roughly $300 billion in frozen Russian Central Bank assets for Ukraine's reconstruction.

  • Another major focus of this year's meetings will be Chinese industrial policy, which Yellen believes poses a threat to U.S. jobs and the global economy. She plans to meet with Chinese counterparts to identify potential areas of cooperation and address concerns.
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Filing taxes online possible from 24 April: What to know: What are the deadlines to fill out your taxes, either online or on paper? And what changes could impact ...
brusselstimes.com/belgium/1019609/filing-taxes-online-possible-from-today-what-to-know-tbtb
Filing taxes online possible from 24 April: What to know
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Filing taxes online possible from 24 April: What to know: What are the deadlines to fill out your taxes, either online or on paper? And what changes could impact ...
brusselstimes.com/belgium/1019609/filing-taxes-online-possible-from-today-what-to-know-tbtb
Filing taxes online possible from 24 April: What to know
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China threatens rating downgrade: The rating agency Fitch set its outlook for the rating to negative on Wednesday.
diepresse.com/18352788/china-droht-rating-herabstufung
China threatens rating downgrade
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China gifts Uganda Shs4b malaria drugs : China will also support Uganda to establish a platform that connects data among hospitals
monitor.co.ug/uganda/news/national/china-gifts-uganda-shs4b-malaria-drugs--4582688
China gifts Uganda Shs4b malaria drugs
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Oversupply in China: People use solar systems as fences: China is flooding the global market with solar systems. Prices have fallen so much that people are using ...
businessinsider.de/wirtschaft/international-business/ueberangebot-in-china-menschen-nutzen-solaranlagen-als-zaeune/
Oversupply in China: People use solar systems as fences
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China doubles down on manufacturing, leaving real estate behind: China revealed this week it aims to spend more than a billion dollars to bolster manufacturing ...
cnbc.com/2024/03/08/china-doubles-down-on-manufacturing-leaving-real-estate-behind.html
China doubles down on manufacturing, leaving real estate behind
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CNBC Daily Open: Will the Fed not cut rates in 2024?: No interest rate cuts in 2024? That would seem pretty far-fetched for many market watchers ...
cnbc.com/2024/03/05/cnbc-daily-open-will-the-fed-not-cut-rates-in-2024.html
CNBC Daily Open: Will the Fed not cut rates in 2024?
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China bond outperformance tells a bigger story: China’s stock investors could be excused for feeling like President Xi Jinping is disinterested in their plight ...
asiatimes.com/2024/02/china-bond-outperformance-tells-a-bigger-story/
China bond outperformance tells a bigger story
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More and more counterfeit goods: Customs confiscated goods worth 36 million euros in 2023
diepresse.com/18326071/immer-mehr-gefaelschte-ware-zoll-beschlagnahmte-2023-waren-im-wert-von-36-millionen-euro
More and more counterfeit goods: Customs confiscated goods worth 36 ...
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Overhaul in tax office operation: After many decades of endless queues, frustration and bickering, the end of the tax office – at least as we know it – has come ...
ekathimerini.com/economy/1235219/overhaul-in-tax-office-operation/
Overhaul in tax office operation
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EU Council finalizes €50 billion financial assistance plan for Ukraine: The Council of the European Union has given the green light to a four-year financial ...
euromaidanpress.com/2024/02/29/eu-council-finalizes-e50-billion-financial-assistance-plan-for-ukraine/
EU Council finalizes €50 billion financial assistance plan for Ukraine
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DR Congo tops as Uganda’s biggest export market  : DR Congo received more exports from Uganda than any other East Africa Community member state ...
monitor.co.ug/uganda/business/markets/dr-congo-tops-as-uganda-s-biggest-export-market--4539172
DR Congo tops as Uganda’s biggest export market  
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Morning Bid: Policy dilemmas in China, Japan: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-02-19/
Morning Bid: Policy dilemmas in China, Japan
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China halts stock slide with state-backed ETF buys, short-selling curbs: SHANGHAI/HONG KONG -- A major Chinese state-owned investment company said Tuesday it ...
asia.nikkei.com/Business/Markets/China-halts-stock-slide-with-state-backed-ETF-buys-short-selling-curbs
China halts stock slide with state-backed ETF buys, short-selling curbs
Profile picture of ekathimerini.com
Greek FinMin stresses importance of Capital Markets Union: During his participation in the Eurogroup and ECOFIN meetings in Brussels on Monday and Tuesday ...
ekathimerini.com/economy/1233913/greek-finmin-stresses-importance-of-capital-markets-union/
Greek FinMin stresses importance of Capital Markets Union
Profile picture of Die Zeit
Chinese military: China's neighbors are afraid: The People's Republic has been rearming rapidly for almost 30 years. This year the military is expected to grow ...
zeit.de/politik/ausland/2024-03/chinesisches-militaer-aufruestung-taiwan-verteidigung
Chinese military: China's neighbors are afraid
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U-Committee: Behind the screen you can look under the cloth
falter.at/maily/20240306/u-ausschuss-hinter-dem-paravent-wird-unter-die-tuchent-geschaut
U-Committee: Behind the screen you can look under the cloth
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Unlocking the potential of Sukuk in Financing Oman’s Sustainable Development: Unlocking the potential of Sukuk in Financing Oman’s Sustainable Development
timesofoman.com/article/142587-unlocking-the-potential-of-sukuk-in-financing-omans-sustainable-development
Unlocking the potential of Sukuk in Financing Oman’s Sustainable ...
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Harmful substances, safety risks and more: warnings about Chinese online stores Temu and Shein on the rise
kleinezeitung.at/wirtschaft/18212119/warnungen-vor-chinesischen-onlineshops-temu-und-shein-nehmen-zu
Harmful substances, safety risks and more: warnings about Chinese online ...
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Espionage: This is how China hacks: Leaked documents show how the Chinese government works with private companies. In the hackers' sights: governments ...
zeit.de/digital/datenschutz/2024-02/spionage-china-hacking-regierung-social-media
Espionage: This is how China hacks
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Committee formed to run new agency for recovered, seized funds: MaaitRead more: bitly.ws/3dT9r
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Senior Chinese officials voice concerns on US tariffs, investment curbs in ‘candid’ bilateral meeting
scmp.com/news/china/article/3251186/senior-chinese-officials-voice-concerns-us-tariffs-investment-curbs-candid-bilateral-meeting
Senior Chinese officials voice concerns on US tariffs, investment curbs in ...
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Parliament to discuss amendments to Unified Public Finance Law next week: MaaitRead more: bitly.ws/3dBHb
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Liberia: Bong Legislative Caucus Raises Red Flag over The Renegotiation of China Union MDA Without The Involvement of The Locals
frontpageafricaonline.com/news/liberia-bong-legislative-caucus-raises-red-flag-over-the-renegotiation-of-china-union-mda-without-the-involvement-of-the-locals/
Liberia: Bong Legislative Caucus Raises Red Flag over The Renegotiation of ...
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Reverting to fiscal discipline: The European Union member-states, including Greece, are returning to fiscal discipline after four years of the Stability Pact’s ...
ekathimerini.com/economy/1231547/reverting-to-fiscal-discipline/
Reverting to fiscal discipline
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Tourism riding on NAM, G77+China wave The patterns in the tourism industry and preferences are evolving to reflect an inevitable change in traveller behaviour ... Show more   #VisionUpdates   www.newvision.co.ug/category/travel/tourism-riding-on-nam-g77china-wave-NV_180976
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China Evergrande liquidation is no Lehman moment: On Monday, many investors couldn’t help but wonder if the liquidation order China Evergrande Group received ...
asiatimes.com/2024/01/china-evergrande-liquidation-is-no-lehman-moment/
China Evergrande liquidation is no Lehman moment
Quick Glance: China Evergrande Faces Liquidation Amid Property Turmoil
  • A Hong Kong court ordered the liquidation of China Evergrande Group, marking a legal turning point for the heavily indebted property developer.

  • The wind-up process could result in a change in management and the resolution of some issues, Judge Linda Chan stated on Monday morning at the city's High Court.
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China to merge three major asset managers into China Investment Corp -Xinhua: China plans to merge three of the nation's biggest bad debt managers into sovereign ...
reuters.com/business/finance/china-merge-three-major-asset-managers-into-china-investment-corp-xinhua-2024-01-29/
China to merge three major asset managers into China Investment Corp ...
Quick Glance: China's Economic Plenum Delay Raises Concerns
  • Beijing's reluctance to boost economic growth and absence of clear reform directives worry experts and foreign business groups.

  • Subdued economic recovery and mixed policy signals weigh on investment and confidence.

  • National security and party unity take precedence, while other issues rank lower.

  • Mixed government messaging contributes to uncertainty, eroding confidence in the market.
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Evergrande shares halted after Hong Kong court orders liquidation: Shares of China Evergrande were halted after plunging over 20% in early trading on Monday ...
cnbc.com/2024/01/29/evergrande-shares-halted-after-hong-kong-court-orders-liquidation-.html
Evergrande shares halted after Hong Kong court orders liquidation
Quick Glance: Evergrande: Pressure Mounts on Chinese Real Estate Giant
  • Significant drop in Evergrande shares in Hong Kong following announcement.

  • New agreement between China's Supreme Court and Hong Kong's Department of Justice takes effect.

  • Investor Top Shine Global files lawsuit against Evergrande for failing to honor share buyback agreement.

  • Majority of Evergrande's debt owed to mainland China lenders with limited legal recourse.
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Rescuers Search for Dozens of Villagers Buried by Deadly Landslide in Southwest China
time.com/6564964/china-yunnan-landslide-people-buried/
Rescuers Search for Dozens of Villagers Buried by Deadly Landslide in ...
Quick Glance: 47 Buried in South-West China Landslide
  • 47 people were buried when a landslide struck a remote and mountainous part of south-western China on Monday (Jan 22), according to state media.

  • The pre-dawn landslide hit Zhenxiong County, Yunnan province, with around 18 households buried and more than 200 people evacuated.

  • State media footage showed the disaster occurring in a rural area surrounded by towering peaks dusted with snow.

  • Temperatures in Zhenxiong hovered at around minus four degrees Celsius on Monday morning, according to weather data.
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Working in Mie prefecture: Haruhiko Kuroda (11): For two years, starting in 1984, I was the head of the Mie prefectural government's department of ...
asia.nikkei.com/Spotlight/My-Personal-History/Haruhiko-Kuroda/Working-in-Mie-prefecture-Haruhiko-Kuroda-11
Working in Mie prefecture: Haruhiko Kuroda (11)
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China property stocks jump as Beijing takes steps to boost liquidity in the beleaguered sector
cnbc.com/2024/01/25/china-property-stocks-jump-as-beijing-takes-steps-to-boost-liquidity-in-the-beleaguered-sector-.html
China property stocks jump as Beijing takes steps to boost liquidity in ...
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China's cash-strapped local governments struggle to revive land saless.nikkei.com/41REmCO
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IMF projects India as fastest growing economy in 2024, raises concerns over property crisis in China
deccanchronicle.com/business/economics/imf-projects-india-as-fastest-growing-economy-in-2024-880527
IMF projects India as fastest growing economy in 2024, raises concerns ...
Quick Glance: IWF's Upbeat Forecast for Russia's Economic Growth
  • New 2024 forecast doubles growth and raises questions about sanctions against Moscow.

  • IMF projects Russia's GDP to rise by 2.6% this year, more than twice the previous estimate.

  • Russia's 1.5 percentage point upgrade is the largest in IMF's World Economic Outlook update.

  • President Putin foresees growth above 3.5% for 2023 and potentially even surpassing 4%.
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Dispute over the solar industry in Germany: “It would be fatal if China’s plan to destroy the market with cheap modules works.”
wiwo.de/politik/deutschland/streit-um-solarindustrie-in-deutschland-es-waere-fatal-wenn-chinas-plan-aufgeht-den-markt-mit-billigen-modulen-zu-zerstoeren/29621928.html
Dispute over the solar industry in Germany: “It would be fatal if China’s ...
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China stock rout shows investors want way more reform: The startling divergence between China’s 5.2% growth and cratering stock market is putting Asia’s biggest ...
asiatimes.com/2024/01/china-stock-rout-shows-investors-want-way-more-reform/
China stock rout shows investors want way more reform
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Poland has a new representative at the World Bank- government sources: Poland's new representative at the World Bank will be Mariusz Krukowski ...
tvn24.pl/tvn24-news-in-english/poland-has-a-new-representative-at-the-world-bank-government-source-7738611
Poland has a new representative at the World Bank- government sources
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The UAE has no plans to impose income tax on individuals, according to Ministry of Finance’s Undersecretary Younis Al Khouri ... Show more   #uae   Pexels.com   #ad   #ScubaFiftyFathoms   #BlancpainxSwatch   #Swatch   #OceanOfStorms
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UAE: New law encourages public-private partnerships - News | Khaleej Times: According to the Ministry of Finance, the new law will ensure 'world-class services ...
khaleejtimes.com/uae/government/uae-new-law-encourages-public-private-partnerships
UAE: New law encourages public-private partnerships - News | Khaleej Times
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Foreign Buying of Japanese Stocks Hits Three-Month High: Foreign investors bought a net 1.2 trillion yen ($8.1 billion) of Japanese stocks last week ...
trib.al/Wk10NsG
Foreign Buying of Japanese Stocks Hits Three-Month High
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Climate conference in the ticker: Historic agreement at the start: The global community is meeting in Dubai for the 28th World Climate Conference to negotiate ...
focus.de/earth/weltklimakonferenz/cop28-in-dubai-kurz-vor-klimakonferenz-weihen-emirate-eine-der-weltweit-groessten-solaranlagen-ein_id_247658222.html
Climate conference in the ticker: Historic agreement at the start
Quick Glance: Harris to Represent Biden at COP28 Climate Summit
  • President attended in 2021 and 2022, but this year, Harris will stand in as he is preoccupied with wars in the Middle East and Ukraine.

  • Harris will be joined in Dubai by three top climate officials, including John F. Kerry, the special presidential envoy for climate.

  • Harris will attend the annual UN climate summit in Dubai on Friday and Saturday, standing in for President Biden, who will skip the event for the first time since taking office.

  • During the summit, Harris will announce several U.S. initiatives related to bolstering climate resilience in other countries and reducing greenhouse gas emissions.
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China Post on Friday (Jan 5) unveiled a set of two special stamps to celebrate the upcoming Chinese zodiac Year of the Dragon ... Show more   thestartv.com/c/news   cutt.ly/TheStar   fb.com/TheStarOnline
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PADU database to be officially launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend event
paultan.org/2023/12/27/padu-database-to-be-officially-launched-on-jan-2-2024-at-picc-putrajaya-public-can-register-to-attend-event/
PADU database to be officially launched on Jan 2, 2024 at PICC Putrajaya – ...
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PADU database to be officially launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend event
paultan.org/2023/12/27/padu-database-to-be-officially-launched-on-jan-2-2024-at-picc-putrajaya-public-can-register-to-attend-event/
PADU database to be officially launched on Jan 2, 2024 at PICC Putrajaya – ...
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Federal budget: Ministry of Finance blocks almost the entire budget: The federal government is plagued by financial worries following the budget ruling from ...
morgenpost.de/politik/article240637318/Finanzministerium-sperrt-wohl-fast-gesamten-Bundeshaushalt.html
Federal budget: Ministry of Finance blocks almost the entire budget
Quick Glance: Billion-Dollar Hole: SPD to Scrap Debt Brake for 2023
  • Federal Constitutional Court's ruling creates billion-dollar hole in budget

  • SPD insists on suspending debt brake for 2024

  • Finance Minister Lindner welcomes suspension of debt brake for 2023

  • Ampel coalition plans to use exception rule for this year
Profile picture of Paul Tan's Automotive News
PADU database to be officially launched on Jan 2, 2024 at PICC Putrajaya – public can register to attend event
paultan.org/2023/12/27/padu-database-to-be-officially-launched-on-jan-2-2024-at-picc-putrajaya-public-can-register-to-attend-event/
PADU database to be officially launched on Jan 2, 2024 at PICC Putrajaya – ...
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China offered $15M bribe to Taiwanese pilot to land Chinook on aircraft carrier: China allegedly plotted for a Taiwanese pilot to land a US-made Chinook ...
aerotime.aero/articles/china-taiwan-pilot-chinook-aircraft-carrier
China offered $15M bribe to Taiwanese pilot to land Chinook on aircraft ...
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Weak economy: Rating agency Moody's threatens to downgrade China's creditworthiness
zeit.de/wirtschaft/2023-12/china-schwache-konjunktur-rankingagentur-moodys
Weak economy: Rating agency Moody's threatens to downgrade China's ...