referring to supply chain disruptions caused by Covid-19 lockdowns in China’s business hub. But Vuong sought to reassure shareholders the startup would go ahead with the IPO “no matter how uncertain …
Monthly Archives For May 2022
Delhivery IPO opens today: Here’s everything you need to know
The Rs 5,235 crore initial public offering (IPO) of supply chain firm Delhivery is available from May 11-13, 2022. It has a price band of Rs 462-487 per share.
WHO says China’s zero-COVID-19 strategy to defeat pandemic ‘unsustainable’
China has imposed draconian measures, trapping most of Shanghai’s 25 million people at home for weeks as the country combats its worst outbreak since the pandemic began …
COVID-19 outbreak hobbles Chinese demand for cobalt, nickel, lithium
China’s COVID-19 outbreak is suppressing the country’s consumption of cobalt, nickel and lithium by disrupting transportation and cutting battery manufacturing, state-backed research house Antaike …
WHO slams China’s zero covid-19 policy, says it affects ‘human rights’
Cities in China are reeling under strict lockdown measures as a result of the government’s zero covid-19 policy. Now the head of the WHO has said that china’s zero covid policy is not sustainable, …
Oil prices drop around 1% as downward trends continued due to China’s increasing cases of coronavirus
Oil prices on Tuesday dropped around one percent as downward trends continued due to top oil importer China’s increasing cases of coronavirus. A strong dollar and growing recession risks also created …
Beijing reports 59 new local COVID-19 infections
Beijing reported 59 new locally transmitted COVID-19 infections between 3 p.m. Monday and 3 p.m. Tuesday, said local authorities during a press conference held Tuesday. The new cases were mainly …
Which Chinese firms face delisting from US stock exchanges?
and China Unicom (HKG:0762). China Telecom and China Mobile have since raised funds in the mainland market, joining China Unicom to tap into local capital. The Trump administration cited the company’s …
Global investment banks in China finally turn a profit
All but one of the global investment banks in China finally managed to eke out a profit last year after Beijing allowed them to take full control of their operations and expand their influence in…
China’s lack of growth drivers is a ‘bigger story’ than inflation, says research firm
2022 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and …
China’s zero-Covid policy isn’t any different from past policy restructuring: Asset management firm
Pierre Hoebrechts of Arowana Asset Management discusses what China’s zero-Covid strategy means from an … time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock …
Oil Climbs Above $100 as China’s Virus Cases Ease Before US Data
Oil extended declines below $100 a barrel ahead of US and Chinese economic data that will gauge the health of the global economy.Most Read from BloombergMarcos Jr. Leads With 61% of Votes Counted: …
China Inflation Exceeds Forecasts as Lockdowns Roil Supplies
China’s factory gate prices rose faster than expected in April, while consumer prices climbed again as Covid outbreaks and lockdowns last month drove food and fuel costs higher. Most Read from …