China’s top financial regulator said all fintech platforms that offer banking services must comply with the same capital requirements as those imposed on traditional lenders to curb risks.The ... ( read original story ...)
China overtakes US to host most dollar billionaires as 2020 stock market rally defied Covid-19 and minted wealth at a record pace
One in every two newly minted dollar-denominated billionaires last year were in China, the first country to exit from a nationwide pandemic lockdown and the only major economy to have expanded last ... ( read original story ...)
US and European markets could be in dangerous bubbles, China’s banking regulator warns
"I'm worried the bubble problem in foreign financial markets will one day pop," banking regulator Guo Shuqing said. ( read original story ...)
It’s time Malaysia had a law against party-hopping
Politicking was supposed to be suspended during the state of emergency. Instead, MPs are crossing over like it’s a game of musical chairs, writes . ( read original story ...)
Malaysia: BNM expected to keep rates unchanged – UOB
Bank Negara Malaysia (BNM) is forecast to keep the monetary conditions unchanged at Wednesday’s meeting, suggested Economist at UOB Group Lee Sue Ann. Key Quotes “We expect BN ... ( read original story ...)
Malaysia lifts MCO for KL, Selangor, Johor and Penang
PUTRAJAYA - Malaysia on Tuesday (March 2) said the movement control order (MCO) imposed on Selangor, Johor and Penang states along with the federal territory of Kuala Lumpur will be switched to the ... ( read original story ...)
COVID-19: Curbs eased in Malaysia as Selangor, KL, Johor and Penang return to CMCO
Malaysia announced that it will ease COVID-19 restrictions and reinstate the conditional movement control order (CMCO) for Selangor, ... ( read original story ...)
Uzbekistan certifies Chinese vaccine to fight against COVID-19
Uzbekistan has certified a COVID-19 vaccine produced by a Chinese company, the Ministry of Innovative Development said on Monday. The vaccine produced by China's Anhui Zhifei Longcom Biopharmaceutical ... ( read original story ...)
Uzbekistan reveals its COVID-19 data for March 2
The number of confirmed coronavirus cases for March 2 in Uzbekistan increased to 79,961, Trend reports with reference to the statistics of the Uzbek Ministry of Health. To date, 78,513 patients have ... ( read original story ...)
Azerbaijan, Uzbekistan mull Karabakh peace deal, boosting ties
Azerbaijani Foreign Minister Jeyhun Bayramov and Uzbekistan's Ambassador Bahrom Ashrafkhanov have discussed the regional situation, the fulfilment of the Karabakh peace deal and all economic and ... ( read original story ...)