Beijing pledged to take a substantial step forward to liberalise its commodity futures market by allowing foreign investors and domestic financial institutions to deal in contracts that bet on prices for crude oil, iron ore and rubber.
Hong Kong Exchanges and Clearing Chief Executive Charles Li Xiaojia on Tuesday unveiled company plans to further expand its fixed income and currency product activities with a number of yuan-related offerings to be launched by the end of this month — followed by a bond connect programme with the mainland.
The stock index futures market is caught in “severe winter” by the precipitate policies. China Financial Futures Exchange put forward the strictest control measures to stem over-speculation on Sept. 2, which made it difficult for index arbitrage, high frequency trading and even hedging and significantly hit most quantitative hedge products.
Chicago Board of Trade(CBOT) wheat, soybeans futures plunged on Wednesday as speculators took profits from sharp rally in the previous session amid improving weather forecasts in the U.S. Midwest, while corn was little changed.
China re-launched trade of its treasury bond futures on Friday, 18 years after banning it following a multi-billion-yuan trading scandal.
China will resume trade of treasury bond futures from September 6.
Canadian Minister of Environment and Climate Change Steven Guilbeault left for Beijing on Saturday to attend a meeting on climate change and biodiversity issues.This wi
When people think of trade, typically their focus tends to be on goods, something produced in one country, and shipped to another. The world has of course seen such tra
Rescuers on Monday faced a growing race against time to find survivors from the rubble of devastated villages in Morocco's Atlas Mountains, three days after the country
Syrian Foreign Minister Faisal Mekdad and his Iranian counterpart Hussein Amir-Abdollahian on Wednesday jointly warned the United States against its reported military b
Japan will start releasing more than 1 million tonnes of treated radioactive water into the ocean from the wrecked Fukushima nuclear power plant on August 24, said Prim
U.S. President Biden arrived in Florida on Saturday with First Lady Jill Biden to survey the damage wrought by Hurricane Idalia. The Bidens toured the town of Live Oak
Chinese President Xi Jinping said on Thursday that China will soon launch a special fund of $10 billion to implement the Global Development Initiative (GDI).Xi made the
About 5,000 people gathered in the northern Greek city of Thessaloniki on Sunday to protest against a new type of identity card to be introduced later this month, polic
At present, the global service trade is swiftly rising, emerging as the latest engine of worldwide economic growth. In March 2023, the latest "Global Trade Update" rele
Tens of thousands of Israelis protested in cities across the country on Saturday ahead of a key decision by the Supreme Court over legislation passed by the coalition w
Yevgeny Prigozhin, head of the Wagner military group, was buried in private on Tuesday in his native city St. Petersburg, Russia.Prigozhin's press service said in a pos
Wagner Group private military company's leader Yevgeny Prigozhin was presumed dead on Wednesday in a plane crash in the Tver Region near Moscow.According to the list re
China's financial watchdogs announced Thursday that housing credit policies will be adjusted and optimized.The interest rates of existing mortgages for first-home purch
Ukrainian President Volodymyr Zelenskyy is expected to come to the United Nations headquarters in September, said Ferit Hoxha, Albania's UN ambassador, whose country ho
China has discovered over 30.5 billion cubic meters of natural gas reserves in the country's southwest Sichuan Province, its operator, China Petrochemical Corporation (
At the invitation of the government of the Republic of India, Premier Li Qiang of China's State Council will attend the 18th G20 Summit to be held in New Delhi, India d
New cabinet members under Thai Prime Minister Srettha Thavisin were sworn in at the Royal Palace on Tuesday.Earlier, Thailand's King Maha Vajiralongkorn has endorsed th
The United Nations on Tuesday called for a legally binding ban of nuclear tests and warned of a global catastrophe brought by nuclear weapons.In a message on the Intern
China has announced a number of measures to boost the confidence of capital market investors on Sunday, including cutting the stamp tax on securities trading and tempor