In November, UK factory orders managed to recover, although previously in October they sagged steeply…
Notice on implementing UN resolutions is issued by China’s key bank
On Monday, China's major financial institution issued a statement as for the implementation of UN Security council resolutions without specifying the affected parties as well as other details.
The People's Bank of China announced that Chinese financial agencies as well as specific non-financial institutions require recording the related individuals and also entities in their system and conducting retrospective investigation once they get the ruling from China’s foreign ministry.
The notice didn’t stress which UN resolution it would actually comply with or which entities or individuals would be targeted.
As a matter of fact the UN Security Council is expected to vote on new sanctions on North Korea a bit later in the day.
Obviously, a US-drafted resolution initially calling for a crude embargo on the North, a painful halt to its major exports of textiles and also subjecting leader Kim Jong Un to a travel and financial ban, turns to have been watered down just to appease China and Russia that both have veto powers.
What are the main topics, which drive the key currency pairs today? Is there a chance for oil to recover? Find out from the news!
In 2019, home prices in some smaller Chinese cities could inch down due to the fact that the world's number two economy speeds down, while the Chinese cabinet is anticipated to step in to withstand any precipitous dive…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…