Fast-food giant Jollibee Foods Corp. (JFC) is stepping up the expansion of its three major brands in mainland China, riding on the latter’s rapid economic rebound after being ground zero of the …
Monthly Archives For November 2021
JPMorgan CEO takes back joke about China’s Communist Party
JPMorgan Chase Chief Executive Officer Jamie Dimon said on Wednesday that he regretted his remarks that the Wall Street bank would last longer than China’s Communist Party, moving quickly to avoid any …
China reports 24 new COVID-19 cases
BEIJING: China reported 24 new confirmed coronavirus cases for Wednesday (Nov 24), compared with 22 a day earlier, its health authority said on Thursday. Of the new infections, two were locally …
China Education Group Says Profit Increased 107%
Bill Mok, chief financial officer of China Education Group Holdings Ltd., discusses the company’s financial results, strategy, and the regulatory crackdown of various industries. The private education …
On Crypto assets Do we worry?
For the last few years, interests in cryptocurrency and blockchain related topics have skyrocketed. Active investors, traders have increased by manyfold.
China launches probe into insurance fund use to curb risk -report
Chinese regulators have launched an investigation into the use of insurance funds in a bid to combat any illegal use and to curb risk in the industry, the state-backed Shanghai Securities News …
China’s Kaisa offers bondholders option to exchange existing bonds with new bonds
Chinese developer Kaisa Group said on Thursday it is offering bondholders an option to exchange their existing bonds with new bonds having an extended maturity, in an attempt to improve its financial …
China and the U.S. Can’t Break Their Oil Market Codependency
In this dangerous game, any move that tips the balance could kick off a conflict. That won’t change until Beijing is able to harness new zero-carbon technologies to replace crude in both civilian and …
China blocked from funding nuclear power stations by Boris Johnson
China will be cut out of future involvement in developing new nuclear power stations, Boris Johnson confirmed yesterday, saying that a potential adversary could …
China Keeps Markets In The Dark About SPR Release
The volume of the expected Chinese release of crude oil from its state reserves will be decided according to the country’s actual needs …
US soybean exports to China slump in October amid limited port capacity
The US soybean exports to China in October fell sharply compared with last year amid logistical disruptions caused by Hurricane Ida in the US Gulf Coast, market sources told S&P Global Platts Nov. 23.
JPMorgan has $20 billion at stake as Dimon jokes about China’s Communist Party
Jamie Dimon’s eyebrow-raising joke about JPMorgan outlasting China’s Communist Party has so far been met by public silence from officials in Beijing …
China’s seven-week Covid-19 port quarantine snarls supply chains further
China’s increasingly extreme Covid Zero policies are standing in the way of a full recovery for the shipping industry and prolonging a crisis that has snarled ports and emptied shelves worldwide..
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