SHENZHEN, March 22 (Xinhua) — Chinese internet giant Tencent has reported year-on-year increases in its revenue and net profit during the fourth quarter of 2022, despite drops in its annual earnings.
Tag: financial
HK financial regulators welcome UBS\’ acquisition of Credit Suisse
HONG KONG, March 20 (Xinhua) — The Hong Kong Monetary Authority (HKMA) and the Hong Kong Securities and Futures Commission (SFC) on Monday welcomed the acquisition of Credit Suisse AG by UBS AG.The S
Favorable conditions propelling China\’s economic revival toward brighter future
BEIJING, March 18 (Xinhua) — China\’s economy has seen a broad-based rebound between January and February as COVID-related disruptions have waned, adding to the growing body of evidence that the count
Cambodian PM says U.S. bank failures not affect kingdom\’s banking industry
PHNOM PENH, March 16 (Xinhua) — Cambodian Prime Minister Samdech Techo Hun Sen said Thursday that the recent fall of Silicon Valley Bank and Signature Bank in the United States would not affect the k
Fallout from collapse of U.S. banks causes more trouble in Europe
A building of Credit Suisse, Switzerland\’s second-largest bank, is pictured in Geneva, Switzerland, Oct. 3, 2022.(Xinhua/Lian Yi)Wednesday\’s fall was the tenth consecutive losing session for Credit Su
Cross-border e-commerce drives high-quality development of China’s foreign trade
As a new form of foreign trade that develops rapidly, cross-border e-commerce has become a new driving force for the high-quality development of China’s foreign trade.The country’s cross-border e-comm
Indian gov\’t imposes money laundering provisions on cryptocurrencies
NEW DELHI, March 9 (Xinhua) — In a bid to tighten oversight of digital assets, the Indian government has imposed money laundering provisions on cryptocurrencies or virtual assets, officials said Thur
Tariffs not the answer; both China and US should take a step back: CME legend Leo Melamed
Leo Melamed is a Holocaust survivor and is known as the father of financial futures. He became Chairman of the Chicago Mercantile Exchange (CME) in 1969. Under his leadership, the CME created the Int
China\’s “Forrest Gump” honored as role model
On March 4, 2023, 10 people were honored as China\’s inspiring role models for their phenomenally touching stories over the past year.Lu Hong was a recipient of the award. Lu, a man with cerebral palsy
Bright future seen ahead for Sino-Greek shipping cooperation
This aerial photo taken on Feb. 15, 2019 shows a container ship of the COSCO Shipping approaching Piraeus port, Greece. (Xinhua/Wu Lu)The Chinese-invested Piraeus port is now an integrated internation