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World Diamond Council Head Says Lab-Grown Gem Prices Crashing: "The Bubble Has Burst"
Lab-grown diamond prices have now plummeted due to increased production in China and India, and the movement of trade is coming back to natural gems
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China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
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BRICS Calls For UN Security Council Reform, Reiterate Support For India
Leaders of BRICS nations reiterated support for "comprehensive reform" of the United Nations, including its Security Council, for making it more democratic, representative, effective and efficient.
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"Carefully Consider" Tech Investment Ban: China Asks US
China's international trade council has formally asked the United States to "carefully consider" rules that ban or restrict U.S. investments in China's tech sector, state television reported on Friday.
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US President Joe Biden Signs Order for Implementation of CHIPS Act, Forms Council for Policy Development
US President Joe Biden signed an order to implement the CHIPS Act on Thursday. The executive order will ensure subsidy for manufacturing semiconductor chips in the US. The implementation plan worth $52.7 billion (nearly Rs. 4,21,000 crore) aims at encouraging chip manufacturing and research in the country.
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Cryptocurrency Mining, Trading to Face Crackdown in China's Hebei Province
The cyberspace commission in China’s northern Hebei province said it will cooperate with other government departments to crack down on virtual currency mining and trading, the latest move in the country's cryptocurrency crackdown.
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US, China Trade Barbs At UN Over South China Sea
U.S. Secretary of State Antony Blinken called out bullying in South China Sea on Monday and warned U.N. Security Council that a conflict "would have serious global consequences for security and for commerce," sparking a strong rebuke from China.
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Cryptocurrency Ban in China Forces Some Bitcoin Miners to Flee Overseas, Others Sell Out
China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan.
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Cyrptocurrency Mining Ban in China: Bitmain Suspends Sales of Mining Machines
Bitmain, China's biggest maker of cryptocurrency mining machines, said it had suspended sales of its products in the spot market to help ease selling pressure following Beijing's ban on Bitcoin mining.
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Bitcoin Steadies in Asia Trading After Monday's Plunge Following China Crackdown
Bitcoin price stabilised in Asian trading on Tuesday morning a day after a statement from China's central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world's largest token to a two-week low.
-
World Diamond Council Head Says Lab-Grown Gem Prices Crashing: "The Bubble Has Burst"
Lab-grown diamond prices have now plummeted due to increased production in China and India, and the movement of trade is coming back to natural gems
-
China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
-
BRICS Calls For UN Security Council Reform, Reiterate Support For India
Leaders of BRICS nations reiterated support for "comprehensive reform" of the United Nations, including its Security Council, for making it more democratic, representative, effective and efficient.
-
"Carefully Consider" Tech Investment Ban: China Asks US
China's international trade council has formally asked the United States to "carefully consider" rules that ban or restrict U.S. investments in China's tech sector, state television reported on Friday.
-
US President Joe Biden Signs Order for Implementation of CHIPS Act, Forms Council for Policy Development
US President Joe Biden signed an order to implement the CHIPS Act on Thursday. The executive order will ensure subsidy for manufacturing semiconductor chips in the US. The implementation plan worth $52.7 billion (nearly Rs. 4,21,000 crore) aims at encouraging chip manufacturing and research in the country.
-
Cryptocurrency Mining, Trading to Face Crackdown in China's Hebei Province
The cyberspace commission in China’s northern Hebei province said it will cooperate with other government departments to crack down on virtual currency mining and trading, the latest move in the country's cryptocurrency crackdown.
-
US, China Trade Barbs At UN Over South China Sea
U.S. Secretary of State Antony Blinken called out bullying in South China Sea on Monday and warned U.N. Security Council that a conflict "would have serious global consequences for security and for commerce," sparking a strong rebuke from China.
-
Cryptocurrency Ban in China Forces Some Bitcoin Miners to Flee Overseas, Others Sell Out
China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan.
-
Cyrptocurrency Mining Ban in China: Bitmain Suspends Sales of Mining Machines
Bitmain, China's biggest maker of cryptocurrency mining machines, said it had suspended sales of its products in the spot market to help ease selling pressure following Beijing's ban on Bitcoin mining.
-
Bitcoin Steadies in Asia Trading After Monday's Plunge Following China Crackdown
Bitcoin price stabilised in Asian trading on Tuesday morning a day after a statement from China's central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world's largest token to a two-week low.
