China's Recovery Stalls As K-Shaped Divergence Widens

PBOC sets USD/ CNY reference rate for today at 6.7840 (vs. estimate at 6.7261) !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

If you have been trading in the stock market and think every profit you make should be reported as capital gains while filing income tax return (ITR), it may sooner or later lead to an income tax notice and other consequences. In some cases, share trading profits are instead treated as business income for tax…

CXMT‘s blockbuster Shanghai debut has put it in the spotlight, but analysts say closing the technology gap in advanced memory chips, not investor enthusiasm, will determine whether it can challenge the global market leaders. The Chinese memory maker’s nearly 466% surge in its Monday market debut has fueled optimism that Beijing’s years-long push to build…

A single quarter creates headlines. A sequence of quarters reveals market shifts. That analysis underpins Zubr Capital’s Q2 2026 digest of European tech funding. Where Q1 saw several signs of capital becoming more selective, larger checks concentrating around strategic sectors, and an uneven market across the startup landscape, Q2 didn’t change that picture.What changed in…

ModaMortgages has launched a range of limited edition buy-to-let (BTL) products with no application fees. The specialist lender’s limited edition range includes two- and five-year fixed products available for single dwelling properties, with rates from 3.59%. The range also features two- and five-year fixed products suitable for HMO and MUFB properties with up to six…

The federal government spent years building toward a centralized answer to one of banking’s oldest compliance questions: Who actually owns the company moving the money? Now, much of that answer is disappearing. The U.S. Treasury Department announced on Tuesday (Aug. 11) that its Financial Crimes Enforcement Network (FinCEN) is permanently removing U.S. companies and U.S….