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ASIA: The 2022 Asian Para Games that were scheduled to take place in the Chinese city of Hangzhou have been postponed due to the COVID-19 pandemic, the Asian Paralympic Committee (APC) and the Games' organizing committee (HAPGOC) said on Tuesday. A taskforce formed by the two committees and the Chinese Paralympic Committee will work on ....
Spread the love ASIA: China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrencies, such as registration, trading, clearing and settlement, three industry bodies said in a joint statement on Tuesday. China has banned crypto exchanges and initial coin offerings but has not barred individuals from holding cryptocurrencies. Domestic sales of gasoline and diesel by Indian state refiners plunged by a fifth in the first half of May from a month earlier as lockdowns to curb coronavirus infections hit industrial activities and consumption, preliminary data showed on Monday. Indian fuel demand had recovered to near pre-COVID levels in March but has been declining since April given restrictions amid a staggering spike i ....