Inflation is broad based. It is unlikely to decrease as supply chain issues disappear. Joseph Plitano Economists are beginning to speak of “immaculate disinflation.” This new concept argues that when ...
Tag: China
Biden’s CFIUS Has Become Tougher In The Latter Half Of His First Term
U.S. President Joe Biden delivers remarks aboard the Battleship USS Iowa Museum at the Port of Los … [+] Angeles Getty Images The August 2022 publication of the annual report on the 2021 activit...
What Nike’s earnings report tells us about 3 consumer stocks in our portfolio
A warning from Nike (NKE) in its first-quarter earnings report has given us some serious insights into a handful of consumer stocks in the portfolio. We call them “readthroughs”: valuable ...
PMIs & Real Estate In Focus, Week In Review
China Last Night KraneShares Week in Review Asian equities saw another week of turbulent trading, with growth stocks seeing the brunt of the selling pressure on increasing concerns about global growth...
China Shares Plunge to Lowest Valuation on Record in Hong Kong
(Bloomberg) — Grim milestones keep piling up for Chinese stocks listed in Hong Kong. As September draws to an end, the Hang Seng China Enterprises Index has lost more than 14% to rank as the wor...
Tencent Co-Founder Charles Chen’s Yidan Prize Honors Education Leaders From Stanford, New Education Initiative
Dr Linda Darling-Hammond (left), 2022 Yidan Prize for Education Research Laureate, and Professor … [+] Yongxin Zhu (right), 2022 Yidan Prize for Education Development Laureate. Yidan Prize Found...
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies – Finance Bitcoin News
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transacti...
Cybercriminal Group Suspected For Laundering $5.6 Billion arrested in China
Cybercriminals have also ramped up their practices to commit fraud Criminals are alleged to launder 40 billion yuan Police has arrested a group of 93 people Since the developing crypto issues, high e...
The Latest Twist In The Crazy Energy Sector
A large disturbance in the sea can be observed off the coast of the Danish island of Bornholm … [+] Tuesday, Sept. 27, 2022 following a series of unusual leaks on two natural gas pipelines runni...
India’s startup market has tremendous potential
India’s startup market is worth betting on, though it’s still “a few years” behind China’s, Facebook co-founder Eduardo Saverin said. During a panel discussion at the Fo...
PBOC Talks Down Renminbi As Hong Kong Shorts Press Their Bets
China Last Night KraneShares Key News Asian equities were mixed, as Japan, Taiwan, and South Korea closed on a positive note while the remainder of the region was off. China and Hong Kong opened highe...
The Long-Sought Step-Change In Renewable Energy Battery Tech May Have Arrived
This image is part of a collection of all elements getty “No, policymakers are not aware. But quite frankly, that’s my job. My job is to educate the policymakers because I’m the CEO of the...
Crypto Bust: China Collars 93 For Laundering $5 Billion In Digital Currencies
China has become a hotbed of illicit crypto trade lately. The country has earned quite a reputation in the international community when it comes to scams and illegal activities involving cryptocurrenc...
One Of China’s Richest Women Gives $3.8 Bln Of Shares To Husband
Hengli Group is located west of Shanghai in the Chinese city of Suzhou. Photographer: Qilai … [+] Shen/Bloomberg © 2019 Bloomberg Finance LP One of China’s richest women is worth a few billion d...
China Arrests Cybercriminal Group Suspected For Laundering $5.6 Billion
Since the growing crypto issues, high inflation, and happenings like the Terra collapse have shocked the world, law enforcement agencies, including China, have been working actively to protect users a...
Settlements With China — Russia Plans Next Step for Digital Ruble – Finance Bitcoin News
Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital ...
Russian Oil Price Cap Could Be Biden’s Biggest Energy Folly Yet
WASHINGTON, DC – MARCH 08: U.S. President Joe Biden speaks in the Roosevelt Room of the White House … [+] March 8, 2022 in Washington, DC. During his remarks, Biden announced a full ban on...
China’s Renminbi Falls Most against USD Since 2008, China Eases Support for Currency
The Chinese central bank has intervened to support the Renminbi by setting stronger-than-expected Renminbi fixings for 25 straight sessions. The Chinese Renminbi has dropped to its weakest levels toda...
Russia Plans to Use CBDC in Trade With China
Russia is ramping up plans to develop central bank digital currency. A new report says settlements with China are its next target. As reported by Reuters, the Russian government is intensifying its pl...
Lessons From The Age Of Exploration For A Cislunar Economy
Frank Kendall says its about “China, China China” Shutterstock | The Cuevax Since the early days of the United States, two classically liberal values have been foundational to our rise as ...
Russia Preparing to Launch CBDC to Improve Mutual Settlement With China: Reports
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China Discovers Major Crypto Laundering Scam, Police On Arrest Spree
The Chinese government has never supported crypto activities since the emergence of the industry. The People’s Bank of China took further actions against the digital industry and banned all local digi...
Growth Stocks Lead Asia Lower
China Last Night KraneShares Key News Asian equity markets were down with an emphasis on growth stocks in contradiction with Treasury Secretary Yellen’s comments that markets are functioning wel...
Report With an Eye on Mutual Settlements with China, Russia To Launch CBDC Early Next Year: Report
Russia is on course to launch its CBDC early next year and use the new currency in mutual settlements with China that has already tested its digital Yuan, a senior Russian lawmaker said in an intervie...
China Cracks Down a $5.6 Billion Crypto Money-Laundering Scheme (Report)
Law enforcement agents from Hengyang (a city in the southern Chinese province Hunan) have reportedly busted a criminal group that employed cryptocurrencies to launder 40 billion yuan (approximately $5...
How Russia’s CBDC might allow it to evade sanctions, trade with China
On 26 September, the United Kingdom announced a new package of sanctions against Russia. This round contains 92 sanctions, in response to referendums held by Russia in Ukraine following its controvers...
Russia aims to use CBDC for international settlements with China: Report
Russia is in the pilot phase of its central bank digital currency development (CBDC), and new reports indicate that the country could use its national digital currency to settle international trade. A...
If The West Helps Here’s How The World Benefits
Every day it becomes more apparent that Putin is losing his prestige and bullying fear-hold on the near abroad. When in a multipolar world one of the poles weakens a geostrategic ripple effect realign...
Four Takeaways From America’s $280 Billion Industrial Policy To Counter China
Last month, President Biden signed the $280 billion industrial policy bill known as the Chips Act. It’s been long discussed as an answer to the computer chip shortages that have devastated the supply ...