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Month: February 2023

Posted on 11/02/2023

China publishes rules on risk classification of banks’ financial assets

China's central bank and its banking and insurance regulator published rules on on Saturday regarding the risk classification of banks' financial assets, to help accurately assess credit risks and ... ( read original story ...)

Posted on 11/02/2023

Hesai’s IPO raises prospects for unmanned driving

Visitors check out Hesai's products during a high-tech exhibition in Shanghai. [Provided to] American depositary shares of Hesai Group, a Shanghai-based developer of sensor technologies used in ... ( read original story ...)

Posted on 11/02/2023

Ethereum Sets February Date for Sepolia Testnet to Get Shanghai Hard Fork

The second round of testing of staked ether (ETH) withdrawals follows simulations on the Zhejiang testnet. The Goerli testnet would be next, ahead of next month's planned Shanghai hard fork on the ... ( read original story ...)

Posted on 11/02/2023

2023 Weifang Tourism Promotion Meeting held in Shanghai

After three years in the doldrums, the Chinese tourism market rebounded strongly during this year's Spring Festival thanks to the broad easing of the country's stringent pandemic restrictions. In a ... ( read original story ...)

Posted on 11/02/2023

US chip packaging firm Amkor closes its Shanghai plant for a week amid global market downturn

Amkor currently operates a factory employng about 5,300 people in Shanghai's Waigaoqiao Free Trade Zone The move comes after global semiconductor sales declined 14.7 per cent year on year to US$130.2 ... ( read original story ...)

Posted on 10/02/2023

Yen strengthens on reports of new Bank of Japan governor; Asia markets fall: Live updates

The Shanghai Composite fell 0.3% and the Shenzhen Component ... In Australia, the S&P/ASX 200 closed 0.76% at 7,433.7 as investors digested the Reserve Bank of Australia's statement on monetary policy ... ( read original story ...)

Posted on 10/02/2023

METALS-Copper slips on demand concerns; Shanghai nickel jumps

Copper prices fell on Friday as China and U.S. economic data fanned demand concerns, while Shanghai nickel jumped after global commodity trader Trafigura uncovered an up to $577 million loss on an ... ( read original story ...)

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