China News
Real reason for China’s war on crypto, 3AC judge’s embarrassing mistake: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. On Aug. 11, a Chinese individual known only ...
Hong Kong’s crypto stance: Execs weigh in on Web3 in the region
The Chinese special administrative region of Hong Kong is aiming to become a leading crypto hub, as the region started to promote the develo...
Filecoin (FIL) Miners Charged by Chinese Authorities in Alleged $83,000,000 Scheme
A Filecoin (FIL) mining company is facing charges from Chinese authorities over allegations of running an $83 million pyramid scheme. Accord...
Cava shows a profit in first earnings report since IPO
Mediterranean fast-casual chain Cava (CAVA) reported a profit in its first earnings report release since the company’s IPO in June. Sa...
European bourses mixed, DXY softer, NZD bid following RBNZ; FOMC Minutes due – Newsquawk US Market Open
European bourses trade mixed after opening after shrugging off mild broad-based opening losses with no obvious catalyst behind the move at t...
Asian stocks tracked the losses on Wall St amid the recent macro headwinds including China’s economic woes – Newsquawk Europe Market Open
US stocks closed lower with the S&P 500 closing below its 50DMA for the first time since March APAC stocks were pressured following the ...
Banks, Big-Tech, Bitcoin & Black Gold Breakdown As Beijing Barfs, Builders’ Belief Busts
In a surprise overnight, China cut rates to pre-emptively distract from the pig-ugly China macro data (everything missed). That weakness tru...
Mining service provider faces $100M lawsuit over pyramid scheme allegations in China
Five executives from a Filecoin mining service are facing a lawsuit at the People’s Court of Pingan County in China, over allegations ...
Google BARD vs. ChatGPT vs. Ernie: The AI chatbot race and Web3
By now you must be aware of the AI market being on a steady rise and heralding global news headlines. AI chatbots have been the powerhouses ...
Chinese police to crackdown on crypto and deepfake AI
After a surge in personal identity thefts and digital financial crimes, Chinese police are taking closer scrutiny at the Web3 sector. During...
Futures Rise On Hope China’s Deflation Will Lead To More Policy Easing
S&P futures point to a higher open after China officially entered into deflation with -0.4% CPI print, continuing the buying momentum fr...
Sentiment inches higher in light newsflow, US 10yr due – Newsquawk US Market Open
European bourses are firmer as the tone improves while US futures attempted to claw back recent downside DXY dips under 102.50, Yuan in focu...