SPD Bank enhances treasury operations to drive growth with Finastra's Fusion SummitHONG KONG, Dec. 15, 2020 /PRNewswire/ -- Shanghai Pudong ... ( read original story ...)
UAES and ROHM Hold Opening Ceremony for a Joint Laboratory on SiC Technology | Morningstar
(UAES), recently held an opening ceremony announcing the establishment of a joint laboratory on SiC technology at UAES headquarters in Shanghai, China. SiC power devices are being increasingly adopted ... ( read original story ...)
China’s average home price rises for 33rd month, defying bank regulator’s warning of ‘grey rhino’ spillover risks
Wary of using blunt instruments like the central bank's key interest rate, local authorities are resorting to administrative measures to keep a lid on home prices. Shanghai residents, who are allowed ... ( read original story ...)
How did 2 Hong Kong innovative pioneers turn ideas into reality that can change the world?
Dennis Lo’s ‘set a goal’ to find non-invasive prenatal test now used in over 90 countries each year, and Soung Liew’s ‘passion’ led to faster wireless communication ... ( read original story ...)
Bank accounts of Protestant Church frozen in ‘political retaliation’
On 7 December, the Hong Kong and Shanghai Bank (HSBC) froze five bank accounts that belong to the Church on orders of the police. The latter accuse the Church of money laundering and fraud. According ... ( read original story ...)
Digital yuan poses no threat to global monetary systems, says former head of China’s central bank
China’s new sovereign digital currency could transform cross-border trade due to its ability to process payments and handle foreign exchange transactions simultaneously. That’s according to the former ... ( read original story ...)
Ex-People’s Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies
A former governor of China’s central bank believes the digital yuan won’t upset the order of the global monetary system. According to a report by the South China Morning Post on Sunday, Zhou Xiaochuan ... ( read original story ...)