Biden no-show will hand Xi a win at APEC

BANGKOK – US President Joe Biden risks snubbing strategic nations if he fails to attend November’s Asia-Pacific Economic Cooperation (APEC) summit in Bangkok, allowing China to bask in the spotlight and expand its regional influence if President Xi Jinping participates in Biden’s absence, political analysts said. “Chinese President Xi Jinping will be among those attending,” […]Continue Reading

Financial leaders must become wiser investors

Hong Kong is hosting this week a much-anticipated investment summit that brings together heads of the world’s top banks and other big names in finance. These “Wall Street titans” from more than 100 major global monetary institutions were called on to tackle three sets of challenges and opportunities in economy, technology and sustainability. So many […]Continue Reading

Step by step, China finds its footing in outer space

After 11 years, China has finally completed its Tiangong space station with the docking of its Mengtian lab module, establishing the Tiangong as the second operational space station apart from the US-led, multinational International Space Station (ISS). On November 1, China’s mouthpiece Global Times trumpeted that the Mengtian lab module, the third and final part […]Continue Reading

​​JCB, IDEMIA, Soft Space to launch CBDC pilot

Having been widely tested, the CBDC is expected to be accepted by consumers, merchants
Payment system to be developed by late 2022 & tested on merchants till March 2023  Japan’s international payment brand JCB Co Ltd (JCB) has launched the JCB Digital Currency (JCBDC) pilot project with identity technologies firm, IDEMIA and…Continue Reading