Category: FINANCE

China has been expanding the use of its sovereign digital currency in cross-border businesses, with the Bank of China completing the first cross-border settlement for precious metals trading. ( read original story ...)

In a historic move, the first-ever cross-border settlement for precious metals using the digital yuan, also known as the e-CNY (Central Bank Digital Currency), was successfully executed in 2023. The ... ( read original story ...)

Huawei’s CEO Ren Zhengfei always insisted that the telecoms giant he founded will never become a publicly traded company and that it would instead focus on working for the bigger ideals of society. An ... ( read original story ...)

Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 19, 2023. Asian shares were mixed Tuesday after a seven-week winning ... ( read original story ...)

Disney will open its first Zootopia-themed attraction in Shanghai, capitalizing on the post-pandemic desire for travel and experiences in China. Visit the Zootopia-themed site at Shanghai Disney ... ( read original story ...)

LianBio (Nasdaq: LIAN), a biotechnology company dedicated to bringing innovative medicines to patients in China and other major Asian markets, today announced that Yi Larson, Chief Financial Officer, ... ( read original story ...)

Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. For companies with multiple common share classes, market capitalization includes both classes. ( read original story ...)