banknotes and coins

China fuels markets as protests erupt over Covid lockdowns |  CNN Business

China fuels markets as protests erupt over Covid lockdowns | CNN Business

hong kong CNN Business — China’s major stock indexes and its currency opened sharply lower on Monday as widespread protests over the country’s tough Covid-19 restrictions over the weekend rattled investor sentiment. Hong Kong Hang Seng Index (HSI) fell 4.2% in early trading. It has since pared some losses and last traded 2% lower. The …

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Foxconn offers to pay workers to leave world's largest iPhone factory after violent protests |  CNN Business

Foxconn offers to pay workers to leave world’s largest iPhone factory after violent protests | CNN Business

hong kong CNN Business — Foxconn has offered to pay newly hired workers 10,000 yuan ($1,400) to resign and leave the world’s largest iPhone assembly plant, in a bid to quell protests that have seen hundreds of clashes with security forces in central China compound. The Apple supplier made the offer on Wednesday following dramatic …

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The crypto crisis continues.  Here is the latest news on the collapse of FTX |  CNN Business

The crypto crisis continues. Here is the latest news on the collapse of FTX | CNN Business

New Delhi CNN Business — Aftershocks from Last Week’s Massive Trillion-Dollar Crypto Industry Earthquake Continued to Reverberate In Monday. Digital currency prices fell again as the crisis engulfing the market deepened over the weekend. Bitcoin, the largest cryptocurrency in the world, has fallen around 65% so far this year. It was trading at around $16,500 …

The crypto crisis continues. Here is the latest news on the collapse of FTX | CNN Business Read More »

What's Next For Crypto As FTX Collapse Triggers 'Lehman Moment'?  |  CNN Business

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business

London CNN Business — The Staggering Fall of FTX Exchange, One of the Biggest and Most Reputable Players in the Digital Asset Market, Raises Alarm among people who own cryptocurrencies as investors run for cover. There are still many unanswered questions. But two big issues loom: how far will the damage extend? And can the …

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business Read More »

What's Next For Crypto As FTX Collapse Triggers 'Lehman Moment'?  |  CNN Business

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business

London CNN Business — The Staggering Fall of FTX Exchange, One of the Biggest and Most Reputable Players in the Digital Asset Market, Raises Alarm among people who own cryptocurrencies as investors run for cover. There are still many unanswered questions. But two big issues loom: how far will the damage extend? And can the …

What’s Next For Crypto As FTX Collapse Triggers ‘Lehman Moment’? | CNN Business Read More »

Singles' Day Sales in China Could Surpass 1 Trillion Yuan Even as Economy Cools |  CNN Business

Singles’ Day Sales in China Could Surpass 1 Trillion Yuan Even as Economy Cools | CNN Business

hong kong CNN Business — Singles Day in China, the largest in the world annual trade event, is known for regularly breaking sales records. This year’s windfall, which ends Friday and is led by internet titans Alibaba (BABA) and JD.com (JD), is likely to be no exception: first time. Singles Day typically eclipses two of …

Singles’ Day Sales in China Could Surpass 1 Trillion Yuan Even as Economy Cools | CNN Business Read More »