EUR/USD 1.17685
-0.115%
Gold 4854.42
1.329%
Oil 82.946
-7.452%
USD/JPY 158.556
-0.368%
GBP/USD 1.35187
-0.057%
GBP/JPY 214.355
-0.412%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 18, it was learned from the Ministry of Public Security that on April 17, eight departments—the State Taxation Administration, the Ministry of Public Security, the Supreme Peoples Court, the Supreme Peoples Procuratorate, the Peoples Bank of China, the General Administration of Customs, the State Administration for Market Regulation, and the State Administration of Foreign Exchange—held a national meeting in Beijing on April 16 to promote the normalized joint crackdown on tax-related crimes. The meeting discussed and deployed key tasks for the next stage, focusing on promoting the normalized joint crackdown mechanism on tax-related crimes to play a greater role, effectively safeguarding a fair and law-based economic and tax order, and better serving high-quality development. The meeting emphasized that all departments should strengthen the construction of a full-chain, integrated crackdown mechanism from administrative law enforcement to criminal justice; deepen multi-departmental data sharing, information exchange, joint analysis, and coordinated crackdowns; intensify efforts to combat tax-related crimes such as invoice violations, export tax fraud, and fraudulent tax benefits; strengthen case-based tax education and legal interpretation; continuously strengthen warnings and deterrence; and continuously improve the effectiveness of joint punishment, further creating a new situation in the joint crackdown on tax-related crimes by the eight departments.On April 18, Turkish Foreign Minister Fedan stated that Israel uses security as a pretext to seize more land, but true peace requires an end to the use of force against other countries. AFP reported that Fedan, speaking at the Antalya Diplomatic Forum in Turkey, said, "Israel is not pursuing its own security, but more land. The Netanyahu government is using security as a pretext to occupy more land." "Israel has created a false impression internationally, claiming it is acting for its own security. But the facts are very clear, especially in recent years… its aims go far beyond that," Fedan said.U.S. Central Command: Since the blockade began, 23 ships have turned back at the direction of the U.S. military.German Finance Minister: Structural reforms are a certainty.German Finance Minister: Germany has indicated its willingness to cooperate with the Global South on the issue of UN Security Council reform.

Asian Shares Close Mostly Lower Amid Rising Uncertainties in China

Alice Wang

Oct 19, 2022 16:25

微信截图_20221019161906.png


Contrary to the overnight pattern established by Wall Street, the main stock markets in Asia-Pacific are trading primarily down on Wednesday. A strong dollar and a minor increase in U.S. Treasury rates are weighing on the markets, even if corporate profits in the United States allayed some growth concerns. Investors are nonetheless concerned about the possibility of a worldwide recession.


Anxious Chinese investors in the midst of the upcoming Party Congress and higher-than-expected UK inflation numbers are two more factors driving the selling pressure.


The Nikkei 225 Index of Japan finished the day at 27257.38, up 101.24 or +0.37%. South Korea's KOSPI Index concluded at 2237.44, down 12.51 or -0.56%, while Hong Kong's Hang Seng Index is now trading at 16588.25, down 326.33 or -1.93%.


The benchmark Shanghai Index is now trading at 2237.4, down 12.51 or -0.56%, while the S&P/ASX 200 Index in Australia closed at 6800.10, up 20.90 or +0.31%.

China, Hong Kong Shares Decline Due to Concern Ahead of Party Congress

Even though a number of state-backed and significant asset managers announced moves to calm the market, China equities dipped on Wednesday as investors remained cautious amid concerns surrounding the Communist Party conference, according to Reuters.


In an effort to restore trust in China's stock market, at least 21 major onshore asset managers, including E Fund Management Co., Invesco Great Wall Fund Management, and Bank of Communications Schroder Fund Management, indicated this week they were spending their own money to acquire assets.

Suggestion