Amid FTX collapse, another crypto exchange suspends withdrawals
IANS -
"Limiting our services to prevent further risks, the technical team has had to manually proofread and restore the system to ensure maximum accuracy of all users' holdings," AAX said in an official statement on Sunday.
Hong Kong stocks hit lowest level in a decade after historic Fed rate hike
IANS -
The Hang Seng Index fell as much as 2.6 per cent, breaking below 18,000 points, before recovering slightly, CNN reported.Australia's S&P/ASX 200 index fell 1.6 per cent, while Japan's Nikkei 225 and South Korea's Kospi both fell 0.6 per cent. China's Shanghai Composite Index slipped 0.3 per cent.
Trade between Hong Kong, mainland China surges more than sixfold in 25 yrs
IANS -
From 1997 to 2021, the value of trade increased 6.1 times from $50.77 billion to $360.33 billion, an average annual hike of 8.5 per cent, Xinhua news agency quoted China's Ministry of Commerce as saying. By the end of 2021, investment from Hong Kong into China had topped $1.4 trillion, the data showed.
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