Reports Say Huawei Could Be Excluded From Germany’s 5G Build Up Auction

According to a report published in the Handelsblatt newspaper, with the aim of keeping Chinese telecommunication equipment manufacturer, the largest in the world, away from participating in the bidding process for the construction of the state of the art 5G network in Germany, the government there is trying to find out stricter security requirements and…

China flexes geo-economic muscles in references to Taiwan and Hong Kong

A report by a top government-linked think tank has listed out foreign companies that have used “incorrect labels” while referring to Taiwan and Hong Kong. The report has prompted a stern reply from Taipei. In a development that marks China’s growing pressure tactics on Taiwan and Hong Kong, in a report, the Chinese Academy of…

WEF Says Climate Change Fight Being Blocked By Global Tensions

A report prepared for next week’s World Economic Forum in Davos, Switzerland, identified as the most urgent global t\risk to be the ever increasing tension between the world’s major powers which is creating roadblocks to get together collective action to take concrete measures against climate change. According to a survey of around 1,000 experts and…

HSBC settled forex trades worth $250 billion in 2018

The development marks Blockchain’s technology’s growing traction in the financial industry. In a development that marks Blockchain’s growing traction in the asset management industry, HSBC stated it had settled forex trades worth $250 billion (£194.15 billion) using blockchain in 2018. The development assumes significance since until now this sector had hesitations on embracing blockchain technology.…

“Fabrications” About Huawei Should Be Stopped By Countries, Says China

Following the announcement by a Polish official that the country could reduce the amount of products of Chinese tech company Huawei by its public entities after a Huawei employee was arrested on allegations of spying in Poland, China said on Monday that “fabrications” about Huawei should be put to an end by countries The relationship…