The reports are that citing the reason that it wants to protect consumers’ rights, the National Bank of Ukraine stressed that the international spread payments using Bitcoin are illegal. According to the bank this Bitcoin is being used for illegal activities, including money laundering of crime or financing terrorism and this must not continue. ...
Russia and China inked a framework accord on Sunday for a major gas supply agreement, a couple of months after the two countries closed a $400 billion gas deal in line with President Vladimir Putin’s plans to boost ties with China. Putin has ordered a reorientation of Russia’s economy towards the east as a way around isolation after the country suffered sanctions by ...
Taiwanese mobile phone chip manufacturer MediaTek saw a performance decline in September 2014, yet achieved a record-high quarterly revenue uptick. The company's overall operating revenue was NTD57.472 billion, which was about CNY11.6 billion, in the third quarter of 2014, representing record-high quarterly revenue for the history of the company. The company's latest performance ...
After Sunday night’s violent clashes, Hong Kong’s pro-democracy demonstrations earned a new name: the Umbrella Revolution, so called because protestors are using umbrellas to shield against police pepper spray and tear gas. As the aggressive crackdown by China’s riot police brought tens of thousands of Hong Kong citizens to the streets, the umbrella became a potent symbol of resistance against Chinese repression. Protestors began painting messages on their umbrellas and using them for shelter; artists ...
Hong Kong’s modern history is a remarkable story: a leasehold on a rock by a colonial empire from a vast and rising power; a lease whose expiry was honoured, creating a strange, unintended and successful experimental outcome. For more than a century, and even since its return from British to Chinese sovereignty in 1997, Hong Kong has combined access to the vast population, business opportunity and culture of China, with British ease of business and the rule of law. Hong Kong grew, and ...
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