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Posted on July 21, 2025

China holds key lending rates as softening consumer sentiment persists in world’s second largest economy

China kept its benchmark lending rates steady on Monday as the country continues to grapple with weak consumer sentiment and softening growth. The People's Bank of China held the 1-year loan prime ...

Posted on July 21, 2025

Hong Kong’s Crypto LEAP Framework Aims To Bolster Financial Leadership

Hong Kong's LEAP framework sets clear rules for stablecoins and tokenized assets, signaling a bold push into global digital finance leadership.

Posted on July 21, 2025

Hong Kong a launchpad for mainland innovation, global expansion: InvestHK official

Amid escalating trade tensions and a renewed focus on supply chain resilience, the Hong Kong Special Administrative Region (HKSAR) is leveraging its institutional advantages under the "one country, ...

Posted on July 21, 2025

Hong Kong lists first bitcoin ETF in 2025 amid cryptocurrency bull run

The Hong Kong dollar-denominated ETF -- which tracks the Bitcoin Reference Rate by Chicago's CME CF Cryptocurrency Benchmarks -- rose 2.3% in its debut.

Posted on July 21, 2025

Education key to innovation and talent development: FS

Financial Secretary Paul Chan said technological innovation and youth talent development are intrinsically linked, with education playing a key role ...

Posted on July 21, 2025

U.N. official: Armenia needs financial help – Los Angeles Times

Gercheva said Armenia was experiencing annual economic growth of 12% before the global financial crisis struck in 2008. The nation’s gross domestic product tumbled, and key industries, such as ...

Posted on July 21, 2025

South Korea’s National Security Adviser departs for US ahead of tariff deadline: Reports

South Korea's National Security Adviser, Wi Sung-lac, has departed for Washington, DC, with less than two weeks remaining before the August 1 deadline for tariff negotiations with the US, Yonhap News ...

Posted on July 21, 2025

Predatory Sparrow Hacks Iran’s Financial System

The Israel-linked outfit reportedly caused a bank run and destroyed $90 million of IRGC cryptocurrency.

Posted on July 21, 2025

China’s Financial Crisis: Why Banks Are Failing and Protests Are Spreading Across the Nation

China is on the brink of a major financial crisis, and the world is watching. Once a pillar of economic strength, China’s banking system is now crumbling under the weight of decades of reckless ...

Posted on July 21, 2025

North Korea suspends foreign tourism to new beach resort

Just weeks after opening a massive new beach resort, North Korea has temporarily suspended foreign tourism to the self-proclaimed "world-class" facility.

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