The U.S. Dollar has started to test a key area of confluent resistance in the early portion of today's trade. A break-above this area could open the door for a continuation of USD strength as we head towards December's FOMC rate decision.
Beijing authorities are investigating multiple allegations of child abuse at a kindergarten run by a US-listed Chinese education group, according to local media reports. Xinhua reported late on Thursday that some teachers at the RYB Education New World kindergarten had been suspended from duty as police began an investigation into claims preschool pupils had been […]
More companies with Chinese ties could be ensnared in corruption investigations in the United States as Washington becomes more familiar with business practices in China, legal experts said. The assessment comes after former Hong Kong home affairs secretary Patrick Ho Chi-ping and former Senegalese foreign minister Cheikh Gadio were charged with violating the US Foreign […]
China vowed to establish a strategic partnership with Djibouti, the site of its first overseas military base, as leaders of the two countries signed an agreement on Thursday for Beijing to provide an undisclosed amount of loans to the Horn of Africa nation. The framework pact for preferential loans was signed during Djibouti President Ismail […]
More than half of Hong Kong’s young people have never heard of the “Greater Bay Area” development plan, and continued ignorance will mean the city missing out on opportunities, a local think tank and youth group have warned. Proactive Think Tank and the Hong Kong Guangdong Youth Association on Thursday released the findings of a […]
A controversial Chinese online celebrity has launched a course to teach her fans how to get a higher salary, and promised a refund if that does not work, mainland media reported on Wednesday. Mi Meng, China’s hottest blogger who has over 10 million fans – mainly female – on her social media account, has joined […]
There’s limited upside on China’s property prices going into 2018, as the country’s monetary authorities maintain their tight grip on the financial spigot and limit the amount of credits that can flow into mortgage loans, according to the consensus of a group of financial institutions and developers during a recent meeting. Property transactions will shrink […]
China has promised to seek closer military cooperation with Myanmar as it seeks to establish greater influence over the country. The pledge followed a meeting between senior military commanders from the two countries and follows increasing competition between China and India, which both share borders with Myanmar, to strengthen their presence there. Myanmar has faced […]