Hong Kong's leader said Tuesday that the territory will tighten regulation of digital assets after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city.
The arrests on Monday followed an announcement by Hong Kong's securities watchdog last week that the exchange, JPEX, was unlicensed and did not have authority to operate its cryptocurrency trading platform in the city. The Securities and Futures Commission said it had received more than 1,400 complaints against JPEX involving more than 1 billion Hong Kong dollars ($127.9 million) in losses.
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Foreign companies operating in China say tensions with Washington over technology, trade and other issues and uncertainty over Chinese policies are damaging the business environment and causing some to reassess their plans for investing in the giant market.
The results of surveys released Tuesday by the American Chamber of Commerce in Shanghai and by the European Union Chamber of Commerce in China largely concurred in appealing for greater certainty and clarity over China's stance toward foreign businesses.
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Turkish President Recep Tayyip Erdogan called on Elon Musk to establish a factory in Turkey for his electric car company Tesla during a meeting in New York, Erdogan's office said.
Erdogan, who is in the U.S. to attend the U.N. General Assembly, also discussed potential cooperation between Musk's space exploration firm SpaceX and Turkey's space program, the Turkish president's office said.
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Hearings in the $1 billion lawsuit filed by auto tycoon Carlos Ghosn against Nissan and other defendants have started in Beirut with lawyers of both sides meeting the judge in charge of the case, judicial officials said.
The former Nissan CEO filed the case against Nissan in May in Beirut, alleging he was detained in Japan in 2018 on false charges because of what he calls the automaker's disinformation against him. The 69-year-old Ghosn is seeking half of the $1 billion in damages and half for compensation including salary, retirement funds and stock options.
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A truck dumps another load of black sunflower seeds into the barn of Ukrainian farmer Oleksandr Ryabinin, where they scatter over the floor, releasing a nutty aroma when crunched underfoot.
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World leaders meet Monday at the United Nations in a bid to salvage ambitious promises to lift the planet's poorest, at a time when vulnerable nations are facing a volley of crises.
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France will lift a ban on below-cost sales to bring down fuel prices, Finance and Economy Minister Bruno Le Maire said Monday, hoping to soothe consumers' inflation anxieties.
With a draft law set for debate in October, "I hope it will come into force from the beginning of December," Le Maire told broadcaster France 2.
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Turkish President Recep Tayyip Erdogan called on Elon Musk, the head of electric carmaker Tesla, to establish a factory in Turkey during a meeting in New York, Erdogan's office said Monday.
Erdogan, who is in the U.S. to attend the U.N. General Assembly, also discussed potential cooperation between Musk's space exploration firm SpaceX and Turkey's space program, the Turkish president's office said.
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Frozen funds totalling $6 billion have been transferred to Qatari banks under a U.S.-Iran prisoner swap deal, with a plane on standby in Tehran to fly out five American detainees, a source told AFP on Monday.
The release of the funds by U.S. ally South Korea, long blocked under sanctions, is the key condition for the exchange of five Americans detained in Iran and, according to Tehran, five Iranians held in the United States.
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Two cargo ships arrived in one of Ukraine's ports over the weekend, using a temporary Black Sea corridor established by Kyiv following Russia's withdrawal from a wartime agreement designed to ensure safe grain exports from the invaded country's ports.
Two Palau-flagged bulk carriers, Aroyat and Resilient Africa, docked Saturday at the seaport of Chornomorsk in the southern Odesa region, according to an online statement by the Ukrainian Sea Ports Authority. The vessels are the first civilian cargo ships to reach one of the Odesa ports since Russia exited the grain deal.
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