Israel and China are tightening control over digital currencies, raising questions about the future dominance of US stablecoins.
China’s central bank vows crackdown on virtual currency, flags stablecoin concerns
China’s central bank reaffirmed its tough stance on virtual currencies on Saturday, warning of a resurgence in speculation and vowing to crack down on illegal activities involving stablecoins.
GNEXT Sri Lanka wins top award at Xiaomi Global Partner Conference
GNEXT Sri Lanka has been awarded the Best Distributor in the South Asian Region title at the Xiaomi Global Partner Conference held in Beijing, China. ..
Azerbaijan, China central banks explore closer cooperation
A delegation from the Central Bank of Azerbaijan (CBA), headed by Chairman Taleh Kazımov, met with Pan Gongsheng, Governor of the People’s Bank of China, during an official visit to Beijing.
Hong Kong property viewing dips following deadly fire as city pauses to mourn
Hong Kong’s worst residential fire in history has cast a shadow over property sentiment, but the overall impact on the home market is likely to prove temporary because broader economic fundamentals …
China deploys aid to Sri Lanka in wake of cyclone
China has stepped in to support disaster relief efforts in Sri Lanka after severe floods and landslides triggered by Cyclone Ditwah caused substantial casualties and extensive property damage.
‘Zootopia 2’ breaks records in China with $275 million opening
The film’s runaway success is particularly notable given the waning influence of foreign films in China, the world’s second-largest film market.
Taiwan Plans First US Arms Purchase for T-Dome to Counter China
Taiwan plans to buy its first weapons for a major air-defense system announced less than two months ago, underscoring Taipei’s urgency to get the program online as China escalates its military …
China Property Crisis Will Stalk Its Economy Into 2026
It’s never a great day for Beijing policymakers when #ChinaEvergrande is trending. But here we are as giant developer China Vanke Co. shocks markets by proposing a delay in making a payment on a local …
China’s private data on home sales vanishes after Vanke turmoil
Two of China’s private data agencies skipped releasing data on monthly home sales by the country’s top developers, after state-backed Vanke stirred market concerns with its bond extension bid.