Mining service provider faces $100M lawsuit over pyramid scheme allegations in China By Cointelegraph
[ad_1] Five executives from a mining service are facing a lawsuit at the People’s Court of Pingan County in China over allegations that they pocketed...
Marketmind: U.S. retail therapy as China funk deepens By Reuters
[ad_1] © Reuters. FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
Gold prices to breach all-time highs, with some calling for $2,500
Sven Hoppe | Picture Alliance | Getty Images Gold prices are on track to rally to all-time highs in 2024 on the back of tapering...
China drugmakers axe IPO plans as they face scrutiny in anti-graft drive By Reuters
[ad_1] © Reuters. FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China July 6, 2018....
US and China AI-tech standoff shows signs of spreading to other countries By Cointelegraph
[ad_1] The emergence of high-level artificial intelligence (AI) technology has caused the United States and China to safeguard their resources in a race to develop...
Asian stocks flat as China trade disappoints; earnings, inflation in focus By Investing.com
[ad_1] © Reuters. Investing.com — Most Asian stocks moved little on Tuesday as markets hunkered down ahead of more cues from key inflation data and...
Huobi’s TVL drops to $2.5B amid rumors of insolvency, investigations in China By Cointelegraph
[ad_1] Cryptocurrency exchange Huobi has seen outflows worth $64 million between Aug. 5-6, amidst ongoing rumors about its solvency and that Chinese authorities were investigating...
Mixed signals: Binance denies reports of $90B in crypto trades in China By Cointelegraph
[ad_1] Binance has reportedly continued operations in China, despite the country’s ban on cryptocurrencies, with billions of dollars worth of transactions monthly, according to The...
Binance did monthly transactions worth $90 billion in banned China market- WSJ By Reuters
[ad_1] © Reuters. FILE PHOTO: Binance logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Binance users traded $90...
Yuan exceeds dollar in China’s bilateral trade for first time
SHANGHAI/TOKYO — The yuan was used in 49% of China’s cross-border transactions last quarter, topping the dollar for the first time, a Nikkei analysis shows,...