Shinhan Financial Group Co. In India, Paytm – shorthand for “pay through mobile” – has come some distance from its roots as a tool for people to recharge their pre-paid phone accounts and pay for…
Monthly Archives For July 2021
Tatva Chintan IPO: Grey Market Premium Jumps over 100%, Listing Date, Key Points
The Rs 500-crore IPO received bids of over 58.83 crore shares against the total issue size of over 32.61 lakh shares.
China Bank Wants Digital Yuan To Dominate Alipay And WeChat Pay
The People’s Bank of China wants Ant Group and Tencent Holdings Ltd., which operate payment networks Alipay and WeChat Pay, to help it develop digital yuan.
China up for curbing steel exports as costlier raw materials trim Industrial Profits
Having witnessed a fourth consecutive month of declining Industrial Profits, 20% YoY versus 36.4% prior in June, chatters over Chinese authorities’ further tightening of steel exports gain momentum.
China’s net gold imports via Hong Kong rebound in June
China’s net gold imports via Hong Kong jumped nearly 42% in June after a slump in May, Hong Kong Census and Statistics Department data showed on Monday. Net gold imports via Hong Kong to China,…
China’s Tech Regulator Orders Companies to Fix Anticompetitive, Security Issues
The country continued its crackdown on large technology companies by announcing a new six-month rectification program aimed at correcting a range of industry problems.
U.S. & China meeting ends in ‘stalemate’
Watch “U.S. and China meeting between high level diplomats ends in a ‘stalemate'”, a CBSN video on CBSNews.com. View more CBSN videos and watch CBSN, a live news stream featuring original CBS News …
Jewelry Brand HoFookKei Launches Program to Help in Battle Against COVID-19 in the US
HoFookKei, a jewelry brand co-founded by renowned Japanese designer AOI NATSUKI and Hong Kong-based ZISSIUM have recently taken a step …
China’s industrial profit growth slows in June on high raw material prices
Profit growth at China’s industrial firms slowed for the fourth straight month in June, as high raw material prices weighed on factories’ margins, pointing to some weakness in the recovery of the …
China solar gear makers threaten to scrap pacts
China makes up 80% of the total imports for the Indian renewables industry. This figure balloons to 95%, when Chinese-origin companies operating out of Vietnam and Thailand are taken into account. The …
China gets serious about microchips
China is developing high-end microchip production at an unprecedented rate and mass production of domestic 14nm chips will be realized next year, according to Dr. Yungang Bao, of the Chinese Institute …
SK Inc. Joins Hands with China’s Joyvio Group to Set up Investment Fund
SK Inc. announced on July 26 that it has signed a memorandum of understanding (MOU) with Joyvio Group of China to set up a fund for investment in China’s alternative food sector.Joyvio Group is an…
Two IPOs, including Paytm to reveal Gen Z’s vision of banking
Paytm handled 4 trillion rupees ($54 billion) worth of payments to merchants last year.PhonePe and Google Pay wallets handled $35 billion and $28 billion in transactions last month, respectively. The …
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