By Karen Freifeld (Reuters) -The U.S. on Friday banned imports from China-based printer maker Ninestar Corp and a Chinese chemical company over alleged human rights abuses. Ninestar, whose website says it is the world’s fourth-largest laser printer manufacturer, and Xingjang Zhongtai Chemical, are being kept out of the U.S. supply chain for participating in business …
US bans imports from China-based Ninestar over Uyghurs Read More »
BEIJING (Reuters) – China is canvassing public opinion on draft guidelines to punish online abuse, authorities said on Friday, as concern grows over cyber bullying and attacks that have especially targeted women and children in the world’s largest internet community. The guidelines were drafted jointly by bodies including the Ministry of Public Security and the …
China issues draft guidelines to tackle online abuse Read More »
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan presented its federal budget for the next fiscal year, one of three measures the International Monetary Fund (IMF) will gauge before releasing at least some of the $2.5 billion still pending under a lending programme expiring this month. The cash-strapped country, with reserves to barely meet a …
Instant View: Expert and industry views on Pakistan’s Federal budget for FY24 Read More »
By Elizabeth Howcroft, Hannah Lang and Rae Wee (Reuters) -The U.S. affiliate of Binance said it was halting dollar deposits, while trading platform Robinhood Markets said it was delisting some crypto tokens, after the U.S. securities regulator stepped up its crackdown on the crypto sector. Binance.US, the purportedly independent partner of Binance, said in a …
Binance.US halts dollar deposits, Robinhood delists tokens after SEC crackdown Read More »
KARACHI, Pakistan (Reuters) -Pakistan is speaking to its bilateral creditors to restructure its debt, the cash strapped country’s finance minister said on Friday. Pakistan’s IMF programme runs out this month with about $2.5 billion in funds yet to be released as it struggles to strike an agreement with the lender, as it grapples with record …
Pakistan speaking to bilateral lenders to restructure debt –finance minister Read More »
By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan’s government will target a budget deficit of 6.54% of economic output in the fiscal year starting on July 1, the finance minister said on Friday, slightly below the current year’s revised estimate of 7%. Finance Minister Ishaq Dar announced the target during his budget speech …
Pakistan targets fiscal deficit of 6.54% in budget closely watched by IMF Read More »
By Tetsushi Kajimoto TOKYO (Reuters) -Japan and South Korea may soon discuss the possibility of reviving a bilateral currency swap arrangement that expired years ago, Finance Minister Shunichi Suzuki said on Friday, though some officials were cautious over the chances for a deal. The currency swap could be on the agenda when Suzuki meets his …
Japan, South Korea may discuss FX swap deal, caution lingers Read More »
BEIJING (Reuters) – China’s year-on-year consumer inflation is projected to rise gradually in the second half of the year while, mainly due to base effects, second quarter economic growth is expected to be high, according to the central bank governor. At present, China’s economy is recovering from the impact of COVID-19, and the balance sheets …
China’s CPI expected to rise in H2: central bank governor Read More »
By Summer Zhen HONG KONG (Reuters) – Man GLG, the discretionary investment unit of the world’s largest publicly traded hedge fund, has gone “underweight” on China after cutting holdings there since January, while pursuing opportunities such as India and AI, a senior fund manager said. As China’s recovery prospects fade, dashing the high hopes that …
Man Group’s discretionary fund unit turns ‘underweight’ on China Read More »
HONG KONG (Reuters) – Hongkong Land Holdings said it plans to open 10 retail developments in the next five years in seven cities across China, bringing the total number of commercial projects in the country to 17. The cities will be Chongqing, Chengdu, Wuhan, Shanghai, Nanjing, Hangzhou and Suzhou, it said in a statement on …
Hongkong Land says to open 10 retail developments in 5 years in China Read More »
