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China will continue to trade with Iran even after the entry into force of the US sanctions aimed primarily at the Iranian oil industry, its banking structure and shipping. This was announced at a briefing by the Deputy Director of the Foreign Ministry Information Department, Hua Chunying. The United States resumed sanctions on Monday, which had been valid until the conclusion of a nuclear deal with Iran in 2015. The sanctions also include countries that will continue to cooperate with Iranian companies. Hua Chunying did not say whether China was included in the list of eight countries which got the permission from the administration of the US president to import Iranian oil.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to the 100 billion pounds of the fiscal package it released in June. Britain’s economy ...
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
KYC Policy