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HSBC’s 2020 Annual Profit Falls 34%

Due to the covid-19 crisis, HSBC reported a 34% drop in profits last year, owing to which it has signalled an investment pivot in Asia. HSBC’s shift of focus towards Asia has not been a smooth-sailing, for instance, the big bank came under fire for an endorsement of a controversial national security law that China has imposed on Hong Kong.

Thailand Approves Sinovac Vaccine For Emergency Use

THAILAND: The Chinese Sinovac Vaccine has been approved for local emergency use in Thailand ahead of the launch of the national inoculation program. On...

UN Official Siddharth Chatterjee Takes Over As UN Diplomat In China

CHINA: Senior United Nations official Siddharth Chatterjee has formally taken over as the UN Resident Coordinator in China. He will be overseeing the work...

EU Calls On China To Reverse Ban On BBC World Service News

UNITED KINGDOM. London: The Associated Press has reported on Saturday that the EU called on China to reverse its ban on the BBC World...

Fossil Fuel-Free Asia Gets A Dragon Dance

PHILIPPINES. Manila: Fossil fuel dominates the list of contributors to air pollution in the world. It powers our vehicles, cooks our food, and provides electricity,...

Where Is China’s Richest Tycoon Jack Ma?

CHINA: Alibaba founder and Chinese billionaire Jack Ma’s absence in the past two months has fueled social media speculations over his whereabouts. The speculations...

UN Secretary-General Appoints Siddharth Chatterjee Of India UN Resident Coordinator In China

UNITED STATES. New York: Secretary-General António Guterres has appointed Siddharth Chatterjee of India as the United Nations Resident Coordinator in China, with the host...

India, US All Set To Sign A Military Pact

INDIA. India and the United States are all set to sign an agreement related to the defence-deal. By this agreement, India will get access...

US And Romania To Sign Agreements Over New Nuclear Reactors

ROMANIA. The US is planning to dislodge China as the financier for two new reactors at Romania’s nuclear power plant. The power plant's two...

U.S. Government To Limit The Stay Of Chinese Journalists To 90 days

UNITED STATES. The U.S. government is planning to restrict the stay of Chinese journalists in the U.S. to a period of 90 days. This...

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