EconomyFinance
Treasury Yields Hit 24-Year Highs as Bond Rout Deepens
A global bond sell-off pushed 10-year Treasury yields to 5.35%, the highest since 2002, driving up mortgages, car loans and corporate borrowing costs.
—5 min read
Category
Finance
145 articles
EconomyFinance
Digital Yuan Cross-Border Network Expands Steadily
China's digital yuan cross-border platform CBETS has drawn 65 financial institutions as PBOC builds payment links with Hong Kong, Laos and Singapore.
—5 min read
FinanceChina
China Funds' 115% Winner Caps a Year of Extreme Divergence
China's active equity funds ended Q3 2026 with a 115.67% top gainer and a 165-point spread, as two doubling funds from one manager defied a reversal.
—5 min read
EconomyFinance
China Unveils 15th Five-Year Plan for Financial Power
China releases its 15th Five-Year Plan for Building a Financial Power, targeting a modern financial system by 2030 and full completion by 2035.
—6 min read
Local GovernmentFinance
Belgian Municipality Fights €2.8M Back-Tax Claim
Tongeren-Borgloon's municipal company challenges €2.77M back-VAT claim from Belgian tax authorities in court over inherited dossiers.
—4 min read
FinanceLaw
China Unveils Sweeping Insurance Law Revision Draft
China's regulator releases Insurance Law revision draft, raising capital requirements and boosting consumer protections.
—6 min read
BusinessFinance
Average Rob Seeks Fan Loans for Fries Chain Expansion
Belgian influencer Average Rob launches crowdlending to raise up to €1M for his fries chain La Patate, but experts warn of risks.
—4 min read
FinanceChina
China's Six Major Banks Post Revenue, Profit Growth
China's six largest banks report revenue and profit growth in H1 2026, with dividends exceeding 220 billion yuan.
—7 min read
PoliticsFinance
Kalshi Bans George Santos for Life Over Insider Trading
Kalshi issues first-ever lifetime ban to ex-Rep. George Santos, fining him $71,356 for insider trading on State of the Union bets.
—5 min read
CrimeFinance
Belgium High-Risk for Hawala as Criminal Networks Exploit
Belgium faces a surge in criminal hawala cases with 447 providers detected, yet authorities lack a comprehensive strategy to combat underground banking.
—6 min read
FinanceEconomy
China Revokes Evergrande Life License in Insurance Crackdown
Chinese regulators revoke Evergrande Life's license over fund misuse and related-party transfers, marking the insurer's final chapter.
—6 min read
Finance
China Tightens Rules on RMB Buying and Selling
China's central bank and market regulator issue new rules clarifying what RMB can be legally bought and sold, targeting speculation and fraud.
—5 min read
Finance
Guizhou Approves Dissolution of 27 Rural Banks
Chinese regulators approve dissolution of 27 rural financial institutions in Guizhou as part of sweeping rural credit reform.
—6 min read
BusinessFinance
Gen Z Turns to Stocks Over Housing for Wealth Building
New data shows Gen Z is building wealth through stock market investing rather than homeownership, reflecting changing economic realities.
—4 min read
Finance
China's LPR Holds Steady for 15 Months as Policy Shift Looms
China's LPR stays unchanged for 15 months. Analysts expect rate cuts and RRR reductions in Q3-Q4 as the PBOC shifts toward structural tools.
—5 min read
Anti-CorruptionFinance
China Prosecutes Ex-Bank VP on Bribery Charges
Chinese prosecutors formally charge Hou Weidong, former Bank of Communications vice president, with accepting bribes in an especially huge amount.
—4 min read
FinanceTechnology
China Expands Digital RMB Operators to 30 Banks
China's central bank adds 8 new digital RMB operating institutions, bringing total to 30 and covering all national banks for the first time.
—5 min read
FinanceCulture
China Issues Commemorative Coins for Jiang Zemin Centenary
PBOC to issue commemorative coins marking Jiang Zemin's 100th birthday, part of broader centenary honors including a CCTV documentary and grand ceremony.
—5 min read
FinancePolitics
CFTC Probes Mention Markets as Kalshi Pulls Sports Word Bets
Federal regulators investigate prediction market 'mention markets' after White House teleprompter scandal; Kalshi removes sports word bets.
—7 min read
Finance
Belfius Bank Hit by Major Technical Outage
Belfius bank experiences major technical outage affecting app, website, and card payments. Customers across Belgium report access issues.
—4 min read
Finance
PBOC Unveils Blueprint for Central Bank Reform
China's central bank issues 15th Five-Year Plan reform blueprint to strengthen monetary policy, macroprudential regulation, and financial stability.
—6 min read
Finance
HKEX Five-Year Bond Futures Post Strong First Week
HKEX five-year China government bond futures complete first week with over 13,000 contracts traded, signaling strong demand for offshore RMB hedging tools.
—5 min read
FinanceEconomy
China Issues 15B Yuan Bonds in Hong Kong for RMB Push
China's 15 billion yuan bond issuance in Hong Kong drew 4.67x oversubscription, advancing RMB internationalization and Hong Kong's financial hub role.
—5 min read
FinanceRegulation
China Bank Penalties Rise Over 10% in First Seven Months
Chinese banking penalties exceeded 1.1 billion yuan in first seven months of 2026, up over 10% year-on-year, as regulators shift to targeted enforcement.
—7 min read
PoliticsFinance
Capital One Says Trump Accounts Closed Over AML Concerns
Capital One says it closed Trump Organization accounts in 2021 after an anti-money laundering review flagged suspicious activity, not politics.
—7 min read
FinanceEconomy
China's SAFE to Expand Institutional Opening in Forex Sector
China's SAFE will steadily expand institutional opening in the forex sector, supporting yuan internationalization and cross-border trade facilitation.
—4 min read
Finance
China Issues Landmark Financial Governance Rules
Four Chinese departments issue 22 measures to improve financial institution governance, targeting shareholder abuse and internal control by 2029.
—5 min read
Finance
China Issues Landmark Financial Governance Rules
Four Chinese departments issue 22 measures to improve financial institution governance, targeting shareholder abuse and internal control by 2029.
—5 min read
FinanceEconomy
CSRC Unveils Plan to Boost Chinese Assets Globally
CSRC launches 10 measures to enhance Chinese indices and assets globally, as Hong Kong debuts the world's first offshore RMB treasury bond futures.
—5 min read
Finance
Digital yuan completes first outbound payment to Malaysia
China's digital yuan made its first outbound cross-border payment to Malaysia, settling a durian trade in 30 minutes outside the Swift system.
—4 min read
EconomyFinance
China's New Personal Loan Rules Mandate Full Cost Disclosure
Starting August 1, China requires all lenders to disclose comprehensive financing costs to borrowers, ending opaque pricing in the personal loan market.
—5 min read
PoliticsFinance
Former CSRC Vice Chairman Fang Xinghai Under Investigation
Fang Xinghai, former CSRC vice chair, under investigation for serious violations — the second such case in China's financial regulatory crackdown.
—4 min read
FinancePolitics
Ex-CSRC Vice Chairman Fang Xinghai Under Investigation
Ex-CSRC Vice Chairman Fang Xinghai investigated for violations in China's widening financial anti-corruption campaign.
—4 min read
EconomyFinance
Belgium Rules Out Belfius-Ethias Merger Before Bank Sale
Jan Jambon confirms no merger between Belfius and Ethias before the bank's partial privatization, rejecting MR's push for a Belgian banking champion.
—4 min read
FinanceMarkets
Gold Plunges 30%: Bull Market End or Half-Time Break?
Gold has fallen nearly 30% from its all-time high, sparking debate over whether the bull market is ending or just pausing. Analysis of drivers and outlook.
—6 min read
FinanceMarkets
Chinese SOEs Announce $69B Stock Buyback to Calm Markets
Two Chinese state-owned enterprises announce coordinated stock buybacks worth over 500 billion yuan, signaling strong state confidence in markets.
—4 min read
PoliticsFinance
Former China Development Bank President Ouyang Weimin Probed
Former China Development Bank President Ouyang Weimin investigated for serious violations as China's financial anti-corruption drive continues.
—4 min read
TechnologyFinance
DeepSeek Hits $52B Valuation in Landmark Funding Round
Chinese AI startup DeepSeek reaches $52 billion valuation after raising $7.4 billion in its first funding round backed by Tencent and CATL.
—5 min read
FinanceConsumer Rights
Landmark Ruling: Belgian Banks Must Repay Phishing Victims
Belgium's highest court rules banks must repay phishing victims unless proven grossly negligent, after Stijn Gansemans' six-year battle against KBC.
—4 min read
EconomyFinance
Spilindex Crossed: 5 Million Belgians Get 2% Wage Rise
Belgium's spilindex has been exceeded, triggering automatic 2% wage increases for over 5 million workers. The centenindex cap now applies.
—4 min read
FinanceEconomy
Belgian Tax Deadline Extended: 5 Tips to Lower Your Bill
With the Belgian tax deadline extended to July 19, experts share five essential tips to minimize your taxes through deductions and credits.
—4 min read
TransportFinance
China Extends Train Booking 60 Days in Investment Reform
China launches 60-day advance railway booking pilot on Beijing-Shanghai routes while SAFE announces new policies to boost cross-border investment.
—4 min read
FinanceChina
China Unveils New Cross-Border Investment Policies
China's SAFE announces new cross-border investment policies, building on nearly 20 measures since 2023 to simplify procedures and attract foreign capital.
—5 min read
BusinessFinance
Stocks Sink as AI Spending Anxiety Triggers Global Sell-Off
Global markets tumble as investor anxiety over massive AI spending triggers a broad sell-off, with the semiconductor sector entering bear territory.
—4 min read
FinanceTechnology
CXMT Launches $4B IPO as Top Fund Managers Signal Confidence
ChangXin Memory Technology begins IPO subscription on Shanghai STAR Market, aiming to raise 29.5B yuan. Top fund managers participate.
—4 min read
EconomyFinance
PBOC Injects 1.4 Trillion Yuan in Record Repo Operation
China's PBOC conducts record 1.4 trillion yuan 6-month reverse repo, injecting 500 billion yuan net to support banking stability and economic recovery.
—4 min read
EconomyFinance
Big Banks Smash Earnings Records as Tectonic Risks Loom
JPMorgan, Goldman Sachs, Bank of America, Wells Fargo, and Citigroup report record Q2 earnings as trading surges, but executives warn of looming risks.
—5 min read
FinanceEconomy
China Unveils First Systematic Rules for Credit Blacklist
China's NFRA issues new rules for serious breach credit blacklist management, establishing a closed-loop financial credit supervision system.
—4 min read
Finance
Belgium Extends Tax Return Deadline to July 19
Belgian tax authorities extend the Tax-on-web filing deadline to July 19 after a technical incident caused widespread access issues over the weekend.
—3 min read
EconomyFinance
Panda Bond Issuance Surpasses 160 Billion Yuan in H1 2026
Panda bond issuance in China exceeded 160 billion yuan in H1 2026, up 60% YoY, driven by low rates and RMB internationalization.
—6 min read
FinanceLaw
Belgian Court Defines Gross Negligence in Phishing Ruling
Belgium's top court defines gross negligence in phishing cases, shifting burden to banks. Minister Beenders says banks must respect the law.
—4 min read
TechnologyFinance
Enflame Wins Approval for $883 Million STAR Market IPO
Tencent-backed AI chipmaker Enflame secures CSRC approval for a 6 billion yuan IPO on Shanghai's STAR Market, the last of China's four GPU dragons to list.
—5 min read
FinanceChina
PBOC, HKMA Unveil 11 Measures to Deepen HK Bond Market
PBOC and HKMA announce 11 measures to deepen Hong Kong's bond market and expand offshore yuan trading, reinforcing its global financial hub status.
—6 min read
EconomyFinance
70 A-Share Firms Pre-Announce H1 Results, 87% Report Gains
Nearly 90% of 70 early-reporting A-share firms forecast H1 2026 profit growth, driven by AI supply chains. Luxshare Precision leads with 18-22% net profit.
—4 min read
FinanceEconomy
China's A-Share Market Overhauls Trading Rules in Big Reform
China's three major stock exchanges implement trading rule reforms, expanding after-hours trading, adjusting ST stock limits, and more.
—5 min read
InternationalFinance
Kuwait Launches $100M Emergency Fund for War Recovery
Kuwait launches a $100 million Emergency Response Fund to repair war-damaged infrastructure after the 2026 Iran War, administered by KFAED.
—4 min read
DiplomacyFinance
China Engages Globally in Coordinated Diplomatic Push
Wang Yi meets Danish King, envoy attends Khamenei funeral, Beijing protests US fisheries report, and Shanghai-NY finance leaders discuss investment.
—7 min read
FinancePolitics
Trump Memecoin Earned Him $636M as Investors Lost $3.8B
Blockchain data shows 988,905 retail investors lost $3.81B on Trump's memecoin while he pocketed $636M, igniting debate over market fairness and ethics.
—4 min read
FinanceEconomy
PBOC Trims Bond Purchases to Nine-Month Low in June
PBOC injected just 10 billion yuan via bond operations in June, the smallest in nine months, signaling caution over falling yields amid ample liquidity.
—4 min read
FinanceConsumer Protection
Belgium Warns Against Five Suspicious Investment Firms
Belgium's FSMA warns consumers against five unauthorized investment companies offering fraudulent opportunities in wine, energy, and real estate.
—4 min read
PoliticsFinance
Trump Made $1B+ from Crypto as Investors Lost Billions
Trump earned $1.2-1.4B from crypto ventures in 2025, while retail investors lost $4.5B on his meme coins, disclosures show.
—4 min read
EconomyFinance
Warsh: Inflation Risks Have Declined in Recent Weeks
Fed Chair Kevin Warsh says inflation risks have declined, citing falling energy prices after the US-Iran deal. He also addressed AI and Fed independence.
—5 min read
PoliticsFinance
Trump's $1.4B Crypto Windfall Sparks Ethics Questions
Trump's financial disclosure reveals over $1.4 billion in crypto earnings, sparking ethics debates as the Supreme Court expands power over regulators.
—4 min read
FinanceGovernance
Audit Reveals Billions in Rural Funds Diverted for Debt
A Chinese audit found 56 counties diverted 27.95 billion yuan in rural funds to repay local debt, raising concerns about fiscal discipline.
—4 min read
FinanceMarkets
China Top Brokerages: A-Shares Show Resilience Amid Turmoil
China's top 10 brokerages say A-shares show greater resilience than overseas markets, recommending short-term rebalancing as AI and tech sectors lead.
—4 min read
FinanceTaxation
China Tax Deadline Looms: Penalties for Late Filing
China's individual income tax reconciliation ends June 30. Over 160M have filed. Experts warn of daily surcharges and fines for late filers.
—4 min read
SportsFinance
Antwerp at a Crossroads: Gheysens Faces Sale by Tuesday
Paul Gheysens must repay €10M by June 30 or lose control of Royal Antwerp FC to hedge fund Fasanara. A €100M rescue loan remains unsecured.
—4 min read
PoliticsFinance
China Audit: Billions in Rural Funds Diverted for Local Debt
China's national audit reveals 56 counties diverted 27.95 billion yuan in rural funds to repay local debts, exposing severe fiscal mismanagement.
—4 min read
EconomyFinance
Serbia RMB Forum Advances Yuan Internationalization Push
Serbia hosted an RMB forum in Belgrade focused on expanding bilateral financial cooperation with China and advancing yuan internationalization.
—4 min read
EconomyFinance
China Issues Record €5B Euro Sovereign Bonds in Luxembourg
China issues record €5 billion euro sovereign bonds in Luxembourg, attracting €24.8 billion in orders, the largest euro bond sale by an Asian sovereign.
—4 min read
LegalFinance
Snowbird Holdings Founder Zhang Jing Gets Life Sentence
Zhang Jing, founder of Fortune Global 500 firm Snowbird Holdings, sentenced to life for 596 billion yuan fraud affecting nearly 8,000 investors.
—5 min read
FinanceEconomy
Evergrande Property Stake Sale Collapses, Shares Dive
Evergrande Property Services stake sale collapses after exclusive talks with state-owned buyer fail, sending shares down and hurting creditor recovery.
—5 min read
EconomyFinance
Binance to Halt EU Services After Failing MiCA License Bid
Binance will suspend crypto services in Belgium and other EU countries from July 1 after failing to obtain a MiCA license before the regulatory deadline.
—4 min read
EconomyFinance
PBOC Injects 200 Billion Yuan Net via MLF Operation in June
China's PBOC conducted a 500 billion yuan MLF operation on June 25, injecting 200 billion yuan net into the banking system amid shifting liquidity.
—5 min read
FinanceEconomy
ING Boosts Savings Rates to 3.10% After ECB Rate Hike
ING Belgium raises savings rates from July 1, with Tempo Sparen reaching 3.10%. The move follows the ECB's first rate hike in nearly three years.
—4 min read
GovernmentFinance
IRS Beat Expectations in Tax Season Despite Staff Cuts
The IRS beat expectations in the 2026 tax season despite a 27% workforce cut, but phone service failures left millions of taxpayers without help.
—4 min read
EconomyFinance
Global Issuers Flock to Yuan Bonds at Record Pace
Panda bond issuance surges to 153 billion yuan in 2026 as foreign borrowers lock in cheaper financing, signaling growing global confidence in the yuan.
—5 min read
EconomyFinance
China Stamp Tax Surges 88.8% as Market Activity Booms
China's securities stamp tax revenue jumped 88.8% in Jan-May 2026 to 126.2 billion yuan, reflecting surging stock market turnover.
—4 min read
EconomyFinance
Belgium Launches €2 Billion Partial Privatization of Belfius
Belgium sells 20% of state-owned Belfius bank for €2 billion, raising questions about fiscal strategy and the bank's future public role.
—4 min read
EconomyFinance
China Securities Stamp Tax Surges 88.8% on Market Boom
China's securities transaction stamp tax revenue surged 88.8% YoY to 126.2 billion yuan in Jan-May 2026, reflecting surging stock market activity.
—4 min read
EconomyFinance
Belgium to Sell 20% Stake in Belfius Bank for €2 Billion
Belgium seeks a buyer for 20% of Belfius bank, aiming to raise €2 billion to reduce national debt while retaining 80% ownership.
—4 min read
BusinessFinance
Musk Cashes In Record $116 Billion Tesla Payday
Elon Musk exercises $116 billion in Tesla stock options, the largest executive payday in history, fueling Tesla-SpaceX merger speculation.
—5 min read
FinanceEconomy
Shanghai Unveils Landmark Offshore Finance Blueprint
Shanghai launches a landmark offshore financial system at the Lujiazui Forum, with a three-phase plan including offshore RMB trading and FTZ bonds.
—6 min read
EconomyFinance
Belfius Sale Likely to Raise Banking Costs for Consumers
Belgium's planned sale of a 20% stake in state-owned Belfius could lead to higher bank fees, experts warn. The €2 billion privatization begins Monday.
—4 min read
EconomyFinance
Kevin Warsh Takes Over as Fed Chair: What Changes to Expect
Kevin Warsh takes over as Federal Reserve Chair, bringing shorter statements, hawkish signals, and task forces. Here's what his leadership means.
—5 min read
FinanceReal Estate
China Debuts First Commercial Property REITs in $3B Listings
China launches first commercial property REITs on Shanghai Stock Exchange, raising $3 billion. The landmark move opens a new real estate financing channel.
—4 min read
FinanceTechnology
China Issues AI Security Rules for Banking and Insurance
China's NFRA releases first comprehensive AI security guidelines for banking and insurance, with 32 provisions on governance, data, and risk management.
—4 min read
FinanceTechnology
China Opens STAR Market to Unprofitable AI Companies
China's securities regulator expands STAR Market listing rules to allow unprofitable AI companies to go public, fueling the global AI race with the US.
—5 min read
FinanceChina
China Overhauls Cross-Border Investment Rules, QDII Quotas
China unveils sweeping cross-border investment reforms and new QDII quotas at the Lujiazui Forum, signaling a major step in financial liberalization.
—5 min read
TechnologyFinance
SiliconFlow Raises $294M as China AI Inference Demand Surges
Chinese AI startup SiliconFlow raises $294 million in Series B funding from 17+ investors as enterprise AI inference demand surges in China.
—4 min read
FinanceEconomy
China Banks Tighten Gold Risk Controls Amid Price Swings
China's six largest banks raise gold margin requirements to 120% amid extreme price volatility, signaling a systemic shift in risk management.
—4 min read
FinanceSociety
China Urges Taxpayers to Check Refund 'Red Envelopes'
Chinese tax authorities remind citizens to check tax refund 'red envelopes' as the June 30 deadline approaches, highlighting two key issues.
—4 min read
FinanceTechnology
AI Plus Accelerates in China's Financial Sector
China's 'AI Plus' strategy transforms finance as the 2026 Financial Exhibition showcases AI solutions boosting security, cutting costs, and payments.
—4 min read
FinanceEconomy
China's Central Bank Unveils Major Reforms at Lujiazui Forum
PBOC Governor Pan Gongsheng announces six major reforms at the 2026 Lujiazui Forum, including offshore RMB forex trading and a new FIMA RMB Repo facility.
—5 min read
FinanceMarkets
China's A-Share Market Surpasses 250 Million Investors
China's A-share market surpasses 250 million investors as 13.87 million new accounts opened in 2025, reflecting sustained confidence and market vitality.
—4 min read
FinanceEconomy
China Tightens Mutual Fund Rules to Curb Style Drift
China's AMAC releases four new mutual fund regulations targeting style drift, investor suitability, and public-private fund conflicts.
—5 min read
FinanceEconomy
China Allows Pension Accounts to Buy Savings Bonds
China expands pension options as savings bonds become available through retirement accounts, offering stable returns above bank deposit rates.
—4 min read
PoliticsFinance
Former PICC VP Yu Xiaoping Investigated in China Crackdown
Yu Xiaoping, former PICC Vice President, is under investigation nearly nine years after retirement in China's financial sector crackdown.
—4 min read
PoliticsFinance
Belgium Recovers Over €100M from Social Fraud in Q1 2026
Belgium's social fraud crackdown recovered over €100M in Q1 2026. Minister Beenders reports 38,556 investigations and progress on the action plan.
—4 min read
HealthFinance
Belgium Ends Cancer Disclosure for Mortgage Insurance
As of June 1, Belgian cancer survivors no longer need to declare their medical history for mortgage balance insurance, ending a barrier to homeownership.
—4 min read
TechnologyFinance
ChangXin Memory Chip Clears Key IPO Hurdle for $4.3B Sale
China's ChangXin Memory Technologies wins CSRC approval for a record 29.5 billion yuan IPO on Shanghai's STAR Market, a milestone for chip self-sufficiency
—4 min read
EconomyFinance
Beijing Rewrites Rules for Chinese Capital Going Global
China issues landmark outbound investment rules, expanding oversight to individuals, tightening tech controls, and creating a security review mechanism.
—5 min read
ConsumerFinance
New Scam Bypasses Bank Name Checks: Belgian Consumers Warned
Fraudsters are bypassing mandatory IBAN-name checks on bank transfers using payment requests and links. Belgian consumers face new financial fraud risks.
—4 min read
EducationFinance
Major Student Loan Changes Coming July 1: What to Know
Federal student loan overhaul hits July 1: SAVE plan ends, new repayment plans begin, and borrowing limits tighten for graduate and Parent PLUS borrowers.
—6 min read
FinanceConsumer Protection
Belgian Panel Urges Banks to Create Fraud Compensation Fund
A Belgian citizen panel recommends banks create a joint fund for fraud victims, funded by bank profits, amid growing pressure from courts and regulators.
—4 min read
EducationFinance
Student Loan Overhaul July 1: What Borrowers Must Know
Student loan changes from the One Big Beautiful Bill Act take effect July 1, ending the SAVE plan and capping graduate borrowing.
—5 min read
FinanceEconomy
China: $35.6B Urban Renewal, $2.1B Hong Kong Bond Issuance
China announces 257 billion yuan urban renewal funding, 15 billion yuan Hong Kong bond issuance, and capital market reforms to boost innovation.
—5 min read
EconomyFinance
China's Forex Reserves Hit $3.44 Trillion, a 10-Year High
China's forex reserves hit $3.4422 trillion in May 2026, the highest in over a decade, driven by asset price gains and gold buying.
—4 min read
EconomyFinance
Foreign Capital Bets Big on China: What the Influx Signals
Foreign investors now hold over 4 trillion yuan in Chinese A-shares as QFII approvals surge. We analyze the key signals behind the capital inflow trend.
—4 min read
EconomyFinance
China Halts Data-Backed Securities to Curb Debt Arbitrage
Chinese regulators suspend data-asset ABS amid concerns that local governments are using innovative financing to disguise debt and bypass borrowing limits.
—5 min read
EconomyFinance
China Overhauls Deposit and Loan Interest Rate Rules
China's PBOC publishes draft rules overhauling deposit and loan interest rate management, targeting high-interest deposit-taking and penalty rules.
—4 min read
EconomyFinance
Gold Prices Plunge Again, Returning to End-of-2025 Levels
Gold prices crashed 3.25% on June 5, falling below $4,400/oz after US jobs data beat expectations, reigniting fears of Fed rate hikes.
—4 min read
EconomyFinance
China's Forex Reserves Rise to $3.44 Trln; Gold Buying Up
China's forex reserves rose to $3.442 trillion in May, while the central bank added gold for a 19th consecutive month at an accelerating pace.
—5 min read
Anti-CorruptionFinance
Bank of Communications Ex-Deputy Governor Chen Huiyi Probed
Chen Huiyi, former Bank of Communications Heilongjiang deputy governor, probed for alleged violations as China's financial anti-corruption drive continues.
—4 min read
JusticeFinance
Belgian Banks Ordered to Compensate Phishing Victims
A Belgian court orders banks to immediately reimburse phishing victims, shifting the burden of proof and setting a landmark consumer protection precedent.
—4 min read
EU RegulationFinance
EU Targets 'Finfluenceurs': New Rules to Curb Online Fraud
The European Parliament adopted a landmark resolution calling for EU-wide standards to regulate financial influencers and protect consumers from fraud.
—5 min read
TechnologyFinance
Zhipu AI Seeks $2.2 Billion Shanghai Listing for AI Push
Chinese AI startup Zhipu AI files for a $2.2 billion secondary listing on Shanghai's STAR Market, just five months after its blockbuster Hong Kong IPO.
—5 min read
FinanceTechnology
Macao Joins $56B mBridge CBDC Platform, 11 Banks Onboarded
Macao joins the $56B mBridge CBDC platform as sixth member, with 11 local banks beginning cross-border trading and Digital Macao Pataca testing.
—4 min read
LegalFinance
Belgian Court: Banks Must Compensate Phishing Victims Now
A Belgian court ruled banks must immediately refund phishing victims, shifting the burden of proof onto financial institutions in a landmark decision.
—5 min read
TechnologyFinance
Unitree Robotics Passes IPO Review, Eyes Humanoid Stock
Unitree Robotics passes its STAR Market IPO review in a record 73 days, targeting a $6.2 billion valuation as China's humanoid robotics sector booms.
—4 min read
EconomyFinance
Gold Crashes Below $4,500 as Iran Threatens Hormuz Blockade
Gold fell below $4,500 per ounce as Iran escalated Middle East tensions by threatening to block the Strait of Hormuz, triggering market turmoil.
—5 min read
BusinessFinance
Short Seller Andrew Left Convicted of Securities Fraud
Andrew Left, the prominent short seller known for bets against GameStop and Peloton, was convicted on 13 counts of securities fraud by a federal jury.
—5 min read
FinancePolitics
Ding Xiangqun: First Woman to Lead China's Top Regulator
Ding Xiangqun becomes the first woman to lead China's National Financial Regulatory Administration amid an anti-corruption drive.
—4 min read
EconomyFinance
China's Hidden Debt Falls as LGFV Operational Debt Looms
China's hidden local debt fell 3.8 trillion yuan, but 14.8 trillion yuan in LGFV operational debt and high-interest loans create a new financial challenge.
—6 min read
TechnologyFinance
Zhipu AI Hits Record $112 Billion Valuation in Hong Kong
Chinese AI developer Zhipu AI briefly topped HK$880 billion in market value, surging 1,600% since its January IPO as investors bet on rapid revenue growth.
—4 min read
FinanceCommodities
Gold Prices Correct; Banks Promote Gold Accumulation
Gold prices fell 20% from highs, prompting Chinese banks to offer fee waivers, extended trading hours, and promotions for gold accumulation products.
—4 min read
FinanceEconomy
Global Capital Flows Into China as MSCI Adds 19 Tech Stocks
MSCI adds 19 Chinese tech stocks as global capital shifts from short-term allocation to long-term commitment, with QFII holdings nearing 200 billion yuan.
—4 min read
FinanceCrime
Dubai Halal Investment Platform Dupes at Least 20 Belgians
At least 20 Belgians lost thousands of euros to Validus, a Dubai-based halal investment platform. Authorities arrested 8 suspects in a Ponzi scheme probe.
—4 min read
EconomyFinance
China Issues RMB 6 Billion Green Sovereign Bonds in HK
China issues RMB 6 billion in green sovereign bonds in Hong Kong, attracting 62.4 billion in subscriptions and reinforcing green finance leadership.
—5 min read
TechnologyFinance
Google Engineer Charged in $1.2M Polymarket Insider Trading
A Google engineer was charged with insider trading after using confidential search data to make $1.2 million on the Polymarket prediction platform.
—5 min read
BusinessFinance
Duan Yongping Becomes Pop Mart's Second-Largest Shareholder
Renowned Chinese value investor Duan Yongping acquires a 5.69% stake in Pop Mart worth HKD 11.8 billion, becoming the company's second-largest shareholder.
—4 min read
FinanceEconomy
Foreign Investors Hold Over 4 Trillion Yuan in A-Shares
CSRC Vice Chairman Liu Haoling announces foreign investors hold over 4 trillion yuan in A-shares, marking a milestone in China's capital market opening-up.
—4 min read
FinanceChina
China Fines Tiger Brokers and Futu in Cross-Border Crackdown
China's CSRC imposes record penalties on Tiger Brokers, Futu, and Changqiao for illegal cross-border operations, capping a two-year campaign.
—4 min read
EconomyFinance
Belgian Tax 2026: New Measures That Could Cost You More
Belgium's 2026 tax declaration eliminates 47 codes and slashes deductions, potentially costing households thousands. Here's what changed.
—4 min read
FinanceBusiness
Yonghui Demands $500M from Wang Jianlin in Debt Dispute
Yonghui Supermarket demands 3.6 billion yuan from billionaire Wang Jianlin after arbitration ruling, highlighting cascading debt crises in China.
—4 min read
BusinessFinance
Wall Street Banks Vie for $1 Billion Fee Pool in SpaceX IPO
Goldman Sachs leads a $75B SpaceX IPO expected in June, with banks competing for over $1 billion in fees. The listing could be the largest in history.
—4 min read
PoliticsFinance
Trump Discloses 3,600 Stock Trades in Firms He Influences
Trump disclosed 3,600 stock trades in Q1 2026, with holdings in Nvidia, defense firms, and tech giants affected by his policies, sparking ethics concerns.
—5 min read
EconomyFinance
Bond Market Rumbles Again as Yields Hit Multi-Year Highs
Treasury yields are surging to multi-year highs, sending warning signals for stocks, the Trump administration, and global markets.
—5 min read
EconomyFinance
China Vows Zero Tolerance for Listed Company Financial Fraud
China's Ministry of Public Security declares zero tolerance for financial fraud by listed companies, targeting executives and intermediaries.
—5 min read
EconomyFinance
China's Fiscal Revenue Grows 3.5% in First Four Months
China's fiscal revenue rose 3.5% year-on-year in Jan-Apr 2026, accelerating from Q1, as tax growth and front-loaded spending signal economic recovery.
—3 min read
EconomyFinance
Record Belgians Use Pass-Through Gifts to Avoid Tax
A record 1,251 Flemish families used doorgeefschenking in 2025, transferring €398 million tax-free. How pass-through gifts work and the risks to watch for.
—5 min read
EconomyFinance
Belgium Capital Gains Tax: Opt-In or Opt-Out Deadline Looms
Belgian investors face a May 31 deadline to choose between bank-led capital gains tax withholding or self-declaration. Here is what you need to know.
—5 min read
FinanceSocial Policy
Social Security COLA Forecast at 4% for 2027
Forecasters project a 4% Social Security COLA for 2027, adding $80/month to benefits. Inflation driven by rising energy costs is behind the increase.
—4 min read
PoliticsFinance
Minnesota Becomes First State to Ban Prediction Markets
Minnesota Gov. Tim Walz signed the nation's first law banning prediction markets. The CFTC and DOJ immediately sued, setting up a landmark legal battle.
—5 min read
FinanceTechnology
Polymarket Opens Private Company Bets to Retail Traders
Polymarket partners with Nasdaq Private Market to let retail traders bet on private company valuations, IPOs, and secondary activity for the first time.
—5 min read