Dollar rises as China COVID worries spur safe-haven buying

The U.S. dollar was firmly higher against major currencies on Monday, as rising COVID-19 cases in China led to new restrictions there and weighed on global investor sentiment.
HSBC confirms staff in China unit set up branch of Chinese Communist Party

HSBC Holdings Plc said employees had formed a branch of the Chinese Communist Party (CCP) within its securities brokerage unit in the country, following media reports on Thursday.