China’s Hidden Financial Dangers Erupt With Shadow Bank Crisis
Only a week ago, Zhongzhi Enterprise Group Co. attracted little notice within China and was almost unheard of
2023-08-18 12:18
UK Says Banks Face Fines If They Don’t Give Easy Access to Cash
Rishi Sunak’s government said UK banks could face fines if they don’t preserve easy and free access to
2023-08-18 05:58
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
2023-08-17 14:54
China’s Jewelry Purchases Could Be a Weak Spot for Gold Demand
Chinese gold consumption is likely to be buttressed by financial investors and the central bank, although retail demand
2023-08-17 10:54
A Year After IRA, Electric Vehicle Market’s Fitful Progress
President Joe Biden’s signature economic legislation promised to create a wave of demand for made-in-America electric vehicles by
2023-08-17 09:54
Canada excluded as China loosens group travel bans
China recently lifted restrictions on group tours to over 70 countries - Canada is not on the list.
2023-08-17 01:20
Libya militias battle in Tripoli after commander's arrest
Fierce clashes kill 55 people as many families are left trapped in their homes in Tripoli.
2023-08-16 22:59
Harrison Ford has a new Peruvian snake species named after him
Unlike his Indiana Jones character, Ford says he likes snakes and called the discovery "humbling".
2023-08-16 05:48
Telford bridging hotels to close as Afghan refugees get housed
Bridging hotels in Telford and Wrekin will close as all 325 Afghan refugees are housed.
2023-08-15 23:26
Barbie banned from Algerian cinemas for corrupting morals
It is accused of promoting attitudes contrary to the cultural beliefs of the mainly Muslim nation.
2023-08-15 20:47
China's Gold Prices Rising Higher Than Rest of World Due to Import Curbs
China’s gold price is rising against levels in London, a trend that local traders say is due to
2023-08-15 09:54
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:17