UAE and India made oil settlement in the local currencies
Abu Dhabi National Oil Company and the Indian oil and gas company, Indian Oil Corporation Limited, have completed the first crude oil sale under the local currency payment system. This…
Stablecoin is not enough: PayPal goes crypto-crazy
PayPal is launching a new service called Cryptocurrencies Hub. This platform will allow users to hold and conduct transactions with Bitcoin and other cryptocurrencies directly through their PayPal accounts. The…
Singapore could face “structural decline” without migrant workers
Singapore’s declining birth rate and aging population require a steady but well-timed influx of migrant workers, says Deputy Prime Minister Lawrence Wong. “If we are not able to bring in…
Chinese real estate’s problems are far from over
China’s property market giant, Country Garden, has seen its debt problems intensify following the suspension of its onshore bonds. This has resulted in its shares tumbling to a record low…
China receives oil from Russia via Arctic
The West has greatly contributed to the development of the Northern Sea Route (NSR) by its rejection of Russian resources, Breitbart News reported. Thanks to the active use of the…