Sources: Market Watch
Prosecutors in China charge multiple funeral directors with selling more than 4,000 corpses to two major medical companies over several decades. Police seized 18 tonnes of bones and 34,000 semi-finished products, with the thieves having earned around 380 million yuan (US$53 million) before they were arrested. 2024-08-9
The International Monetary Fund (IMF) resumes its US$2.9 billion bailout for Sri Lanka, releasing a $337 million tranche, after the country secures a debt restructuring agreement with China, its largest bilateral creditor. 2023-12-12
The Chinese Foreign Ministry announces that China will provide 5 million yuan ($790,000) in humanitarian aid to Ukraine. 2022-03-9
Chinese Foreign Ministry spokesman Wang Wenbin announces that China will sanction American defense contractors Lockheed Martin and Raytheon after the United States approved a US$100 million missile defense repair deal between the two companies and Taiwan. 2022-02-21
A planned US$66 billion merger between British semiconductor company Arm Ltd. and American hardware company Nvidia is cancelled after facing regulatory pressures from the United States, the European Union, the United Kingdom, and China. Arm says that it will instead go public sometime before March 2023. If the deal were successful, it would have been the largest merger in the history of the semiconductor industry. 2022-02-8
State-run oil company Saudi Aramco suspends plans to build a US$10 billion oil refinery in Liaoning, China, due to decreased global demand for oil. Its Chinese partners said they will press ahead with the project. 2020-08-21
Indian Minister of Power R. K. Singh announces that India will halt the importation of US$2.8 billion worth of Chinese power equipment due to heightened tensions between the two nations. 2020-07-3
The Central Bank of Russia announces it will start buying the Chinese yuan in an attempt to diversify its foreign-currency reserves away from the Euro and the U.S. dollar and to become less vulnerable to Western sanctions. 2016-07-5
Chinese state television reports Guo Youming, former deputy governor of Hubei province, is found guilty of taking bribes totaling more than 23.8 million yuan ($3.70 million). Guo is the latest to be convicted as a result of China's paramount leader Xi Jinping's anti-corruption campaign that started when Xi took Party general secretary office three years ago. 2015-12-9
China loosens controls on the yuan, allowing it to fluctuate up to 1% in trading against the United States dollar, up from 0.5%. 2012-04-15