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                        Trump blocked Nvidia from exporting its advanced Blackwell AI chips to China just before his October 30 meeting with Xi
                        03 Nov 2025 22:36 GMT
                        
                          U.S. officials stopped Nvidia from moving ahead with a major chip export deal to China in the final hours before President Donald Trump met President Xi Jinping in Busan, South Korea, on October 30, according to reporting from the Wall Street Journal.
                           …
                        
                       
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                        Debt Relief as Currency Strategy: China’s Renminbi Push in Africa
                        03 Nov 2025 20:51 GMT
                        
 … presence of Chinese clearing banks and deepens financial integration within China’s own … are managed through Chinese party-state institutions, giving Beijing greater leverage  … currency conversion. The mechanism allows Beijing to maintain its financial claims …
                       
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                        China, S. Korea renew $400b yuan currency swap pact; move to deepen trade ties, ensure financial stability
                        03 Nov 2025 23:42 GMT
                        
                           … broad prospects, said the Chinese Foreign Ministry. 
                          The renewal of … quot; Dong added.
                          The China-South Korea currency swap agreement  … established between the central banks of two countries or  …  cooperation with overseas central banks. Since May, it has …
                        
                       
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                        FAB joins International Advisory Council of China’s NFRA
                        03 Nov 2025 23:13 GMT
                        
 … International Advisory Council (IAC) of China’s National Financial Regulatory Administration … its ambition to expand corridor banking capabilities and deepen financial integration …  Bank of China (ICBC) to advance cooperation in investment banking, capital  …
                       
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                        The Market Share Of EU Subsidiaries Of Third Country Banking Groups Remains Stable At 9.8% Of Total Assets
                        03 Nov 2025 20:14 GMT
                        
 … stable for entities linked to China and increased for those  … 2024, subsidiaries of third-country banking groups reported that two- …  that EU/EEA banks use the subsidiaries for obtaining …  funding ratio (NSFR), EU banks’ buffers remain comfortably above the …
                       
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                        China praises Brazil’s forest fund but holds back on cash
                        03 Nov 2025 19:50 GMT
                        
                           … Inacio Lula da Silva is banking on, as COP30 opens  … rather than a charitable cause.
                          Chinese finance and environment officials have … unveiling the fund and said Beijing would “work with the  …  a success”.
                          Huang Runqiu, China’s environment minister, at the …
                        
                       
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                        FinCEN Releases Data Showing $9 Billion in Iranian Shadow Banking Activity
                        03 Nov 2025 19:13 GMT
                        
 … evasion, oil smuggling, shadow banking networks, and weapons procurement, … to potential Iranian shadow banking activities. FinCEN restricted the … role in Iranian shadow banking activities. Likely shell  … 2 billion, mostly from China-based non-resident accounts ( …
                       
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                        China’s ZTT Group to invest $100m in cable manufacturing plant in Saudi Arabia
                        03 Nov 2025 17:43 GMT
                        
                          China’s ZTT Group is set to invest an estimated $100m (712.11m yuan) to establish a submarine and terrestrial cables manufacturing facility at Saudi Arabia’s Ras Al-Khair Port.
                          It has signed a land lease agreement with the Saudi Ports Authority (Mawani) to …
                        
                       
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                        Yuan topples dollar in China's trade, but hits speed bumps
                        03 Nov 2025 17:27 GMT
                        
                           …  structures of developing countries. 
                          Chinese banks' external yuan holdings — … bonds in the Chinese currency. 
                          Beyond trade and lending, Beijing has built  … Beijing and can't be freely exchanged for other currencies without government oversight. 
                          China … 
                        
                       
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                        Jim Banks to propose bill to use Pentagon to boost domestic rare earths production
                        03 Nov 2025 17:12 GMT
                        
 … op-ed published on Sunday, Banks wrote that “more work  … make things here at home,” Banks wrote in Commonplace, a  … Banks’s comments come shortly after Trump reached a truce with Chinese …  President Xi Jinping regarding China’s recent export …