China, Taiwan & Hong Kong Banking News Monitoring

Central Bank Reserves: Bitcoin Vs. Gold?

Image Source: Pexels Over the past two decades, central bank reserves have undergone profound changes as ideologies have been renewed. Dedollarization is gradually establishing itself as a marker of the decline of the United States, while sovereign assets …

Iran, China, and Russia to convene in Beijing to discuss nuclear issue, sanctions removal

TEHRAN – In a move to counter Western economic pressure and reinvigorate nuclear negotiations, Iran, China, and Russia are scheduled to hold trilateral talks in Beijing this Friday. Announced by Iranian Deputy Foreign Minister Kazem Gharibabadi on …

Inflation rate in Taiwan may rise above 2% this year: Central bank

Taipei, March 12 (CNA) Taiwan's central bank said Wednesday that its inflation forecast for this year may be revised upwards to above 2 percent. Predictions for Taiwan's consumer price index (CPI) growth rate in 2025 by major Taiwanese and …

JCB now available in Google Play of Hong Kong and 4 SEA markets

JCB said it will continue to provide its cardmembers expanded accessibility. JCB is now available on Google Play in Thailand, Indonesia, Vietnam, the Philippines, and Hong Kong. JCB International president and CEO Yoshiki Kaneko expressed their delight in …

Global tech industry braces for “China shock” in mature chips

A “China shock” is coming for the chip industry as the country’s aggressive expansion in older semiconductors and niche substrates drives prices down to previously unthinkable levels. Marco, a sales director for a German chip equipment maker in Asia, has …

Banks’ profits to remain ‘stable’ this 2025

Meanwhile, problem loan ratios are expected to remain at 1% to 2%. Singapore banks will keep a stable outlook, supported by its strong risk management and strategic diversification, according to Moody’s Investors Service. The operating environment also …

2 high-flying Chinese EV stocks to buy now

Several Chinese electric vehicle (EV) stocks are surging, defying the broader downturn in U.S. equities, which are experiencing historic losses.  The rally in China’s EV sector is partly fueled by strong government support and rising sales, steadily …

EV slowdown slams the brakes on Porsche profits as it faces growing competition from China

By DAILY MAIL CITY & FINANCE REPORTER Updated: 18:02 EDT, 12 March 2025 Porsche has slashed profit targets amid trade tensions and slowing demand for electric vehicles. The luxury sports car maker, which is majority-owned by Volkswagen, faces growing …

More trouble for Tesla as banking giant predicts 50% TSLA crash

Tesla (NASDAQ: TSLA) stock has reclaimed the $250 resistance as the electric vehicle (EV) giant appears unbothered by the latest Wall Street price cuts. Notably, despite recent struggles, marked by backlash against CEO Elon Musk, largely due to his …

Hong Kong fights back against rising scams with ‘despicable banana’

The Hong Kong Monetary Authority (HKMA) has teamed up with banks and the police to launch a new public awareness campaign to combat rising scams that have defrauded the city’s residents to the tune of billions of dollars. The HKMA on Wednesday released the …

UBS Receives Approval for Restructuring in China

UBS has received approval to sell its stake in Credit Suisse Securities in China. However, it is still unclear whether this move will also pave the way for UBS to acquire UBS Securities. As planned, UBS is reducing its stake in the Chinese securities joint …

Economic Watch: Global institutions upbeat about China's sci-tech capital market

BEIJING, March 13 (Xinhua) -- China's rapid advancements in the artificial intelligence (AI) sector, exemplified by DeepSeek, a cost-competitive newcomer among global AI models, have captured global attention and driven capital inflows into the country …

China-Africa relationship at its best in history

Yan Yuqing Under the guidance of President Xi Jinping and African leaders, China-Africa relationship is now at its best in history   By Yan Yuqing On March 7, 2025, a member of the Political Bureau of the CPC Central Committee of the People’s Republic of …

Taiwan Warns of Currency Risks From Stock Outflows, Trump Policy

(Bloomberg) -- Taiwan’s central bank spent a record amount of money defending its currency last year and may need to do more, given worsening stock market outflows and escalating trade tensions. Most Read from Bloomberg The central bank sold $16.4 billion …

Backbase and Synpulse partner to accelerate banking transformation across APAC

Combining Backbase's Engagement Banking Platform with Synpulse's regional expertise to deliver customer-centric solutions SINGAPORE - Media OutReach Newswire - 13 March 2025 - Backbase, the leader in engagement banking, today announced a strategic …

Ares Seeks to Buy New World Development Debt From Banks

(Bloomberg) -- Ares Management Corp. approached at least two banks in recent weeks to purchase their holdings of debt issued by Hong Kong developer New World Development Co., according to people familiar with the matter. Most Read from Bloomberg The US- …

China’s Social Insurance Funds Report First Deficit on Record

China’s social insurance funds reported the first annual deficit on record last year after authorities cut corporate contributions to help companies offset the fallout from the Covid-19 pandemic, according to a new government budget report. The shortfall …

Yum China makes Adrian Ding CFO

Hong Kong’s Cathay not following Singapore Airlines’ ban on using power banks

Hong Kong’s Cathay Pacific Airways has said it “assessed all the risks” in allowing the continued use of power banks on flights, after Singapore Airlines followed the lead of some other Asian carriers by barring passengers from charging electronics with …

Revolution Group’s Exclusive Tax Event Helps Ultra-Wealthy Maximize Wealth

Revolution Group’s tax event provided ultra-wealthy individuals with expert strategies to optimize wealth and minimize tax burdens. OMAHA, NE, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Revolution Group, a premier tax and wealth …

Gregory Bass Joins Partner Real Estate as a Top-Tier Relocation Specialist, Helping Clients Make Seamless Moves

PASADENA, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Marine Corps Veteran and Real Estate Broker Brings 30+ Years of Expertise to Homebuyers Relocating to Las Vegas, Arizona, and Beyond Partner Real Estate continues to expand its …

New Broadview Mature Adult Living Facility to Celebrate Grand Opening in East St. Louis On March 28

110-Unit Mixed-Use Development to Provide Affordable Mature Adult Housing and Community Amenities EAST ST. LOUIS, IL, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- On March 28, 2025, city officials, community leaders, and development …

High-Risk Businesses See Major Shift in Payment Processing with Rapid ACH

The new system facilitates near-instant access to funds. WHITTIER, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- A significant shift in payment processing is underway for businesses classified as high-risk, as eDebit Direct introduces …

Pinpoint Management Launches “AI-Driven Leadership: The Next Era Series” to Transform Business Growth

New Webinar Series Equips Leaders with AI-Powered Strategies to Scale, Innovate, and Empower Their Teams SALT LAKE CITY, UT, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Pinpoint Management, a leader in business consulting and operational …

Enkopa Lab Japan Launches To Empower Japanese Firms Entering African Markets

Enkopa Lab Japan, a boutique advisory firm, has been launched in Tokyo by the San Francisco based management consultancy firm Laurendeau & Associates. TOKYO, JAPAN, March 12, 2025 /⁨EINPresswire.com⁩/ -- Enkopa Lab Japan, a boutique advisory …

MCA Justice Hits Major Milestone: 1,000+ Businesses Freed from Predatory MCA Payments

MANHATTAN, NY, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- MCA Justice, a leading firm in MCA debt relief, proudly announces a major milestone: successfully assisting over 1,000 businesses in reducing high-interest Merchant Cash Advance ( …

Inertia Resources, Inc. Expands Energy Management Services in Houston, Appoints Rick Douglas as Regional Director

HOUSTON, TX, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Inertia Resources, Inc., one of the fastest-growing energy brokerage firms in the United States, is expanding its presence in Houston and Southern Texas communities, bringing …

SPECTRAFORCE Named One of SIA’s 2025 Best Staffing Firms to Work For

Minority-owned staffing firm builds excellent relationship-driven culture. RALEIGH, NC, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- SPECTRAFORCE, an innovative workforce solutions firm, is proud to announce that it has been recognized as …

Sókn Engineering Looking to Expand its Board of Directors to Drive the Future of AI-Powered Commodities Trading

WHITEFISH, MT, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Sókn Engineering, a trailblazing software company transforming commodities trading through advanced predictive analytics, is seeking to strengthen its Board of Directors with the …

KEY Difference is Turning Blockchain into Real-World Solutions with its Latest Investments

DUBAI, UNITED ARAB EMIRATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- KEY Difference, a global leader in Web3 growth and strategic ecosystem development, is at the forefront of supporting founders who bridge blockchain with real-world impact. While …

Refund/Policy Abuse Remains the Top Fraud Threat, While Real-Time Payment Fraud Surges to Second Place

Refund/Policy Abuse remains the top fraud threat, while Real-Time Payment Fraud surges to second place in MRC’s 2025 Global eCommerce Payments and Fraud Report. REDMOND, WA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The Merchant …

7 Digit Dental Marketing Delivers $2.5 Million Boost in New Dental Patient Revenue

7 Digit Dental Marketing 370% boost in patient inquiry calls, 360% surge in organic production, 735% increase in organic website traffic, $2.5 million increase. NEW YORK, NY, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- 7 Digit Dental …

BetterLifeQuotes.com Provides Free Access to an Online Life Insurance Marketplace With Instant Quotes & No Medical Exams

BetterLifeQuotes.com is the leading life insurance marketplace offering instant, no-medical-exam policies from 30+ top-rated providers—100% free and private. HOUSTON , TX, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BetterLifeQuotes.com: …

Partner Real Estate Appoints Louis Ding as Regional Vice President, Strengthening Industrial and Logistics Market

LOS ANGELES, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Partner Real Estate has announced the appointment of Louis Ding as Regional Vice President, reinforcing its leadership in the competitive Los Angeles industrial and logistics …

BetterLifeQuotes.com Provides Free Access to an Online Life Insurance Marketplace With Instant Quotes & No Medical Exams

BetterLifeQuotes.com is the leading life insurance marketplace offering instant, no-medical-exam policies from 30+ top-rated providers—100% free and private. LOS ANGELES, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BetterLifeQuotes. …

Celiveo Unveils 'The Ultimate Guide to Microsoft Universal Print' for Enterprise Clients

Celiveo release "The Ultimate Guide to Microsoft Universal Print," a resource empowering clients with in-depth insights into Microsoft’s cloud print solution. MERIDIAN, ID, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Celiveo, a …

Palisade Capital Management, LP Renews Lease at One Bridge Plaza in Fort Lee, NJ

FORT LEE, NJ, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Palisade Capital Management, LP, a registered investment adviser with approximately $4 billion of assets under management, is pleased to announce the renewal of its lease at One …

Pioneers of the Middle East: Groundbreaking Business Documentary Series to be published on AlJazeera.com

DUBAI, UNITED ARAB EMIRATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Acumen International Media begins a new initiative, Pioneers of the Middle East, which is an in-depth exploration of the region's influence on global business and international …

BetterLifeQuotes.com Provides Free Access to an Online Life Insurance Marketplace With Instant Quotes & No Medical Exams

BetterLifeQuotes.com is the leading life insurance marketplace offering instant, no-medical-exam policies from 30+ top-rated providers—100% free and private. MIAMI, FL, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- BetterLifeQuotes.com: …