Wells Fargo and HSBC, two of the world’s largest banks, have added the offshore version of China’s yuan (CNH) to their blockchain-based foreign exchange (FX)...
In a video address as part of a high-level conference on the digital euro earlier this month, the president of the European Central Bank (ECB),...
During the 10 days leading up to China’s Singles Day shopping event, there was a 40% increase in the number of online transactions via the...
China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a...
In a move to better connect its retail brand to Chinese consumers, Gap has agreed to sell its local online business to Baozun, an eCommerce...
One week after reports that China’s COVID outbreak was hampering production on Apple’s iPhone 14, the company made it official. Get the Full Story Complete...
People’s Bank of China Governor Yi Gang has reportedly said that the country’s centralized digital yuan (e-CNY) should protect privacy but should not be as...
A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week,...
Foxconn, Apple’s chief iPhone assembler, is moving operations to other parts of China to deal with a growing COVID outbreak, a move that could drastically...