British insurer and asset manager Legal & General has shelved a plan to obtain a China business licence and more than halved onshore headcount, two sources said, joining a list of global financial …
Monthly Archives For March 2024
China scrutinises PwC role in $78 billion Evergrande fraud case, Bloomberg News reports
Chinese authorities are examining the role of PricewaterhouseCoopers(PwC) in China Evergrande Group’s accounting practices after the developer was accused of a $78 billion fraud, Bloomberg News …
Top Crypto Gainers on 21 March – ONDO and FLOKI
Over the past day, significant developments have emerged across various projects, ranging from fund launches to platform rollouts.
China sees rise of humanoid robots as ‘disruptive innovation’ that will spur economic growth
Just months old, the Beijing Humanoid Robot Innovation Centre says it will release a humanoid robot body soon, but core components still appear out of reach amid its tech war with the US.
Record 77 IPO Applications Were Withdrew, Canceled This Year Amid Tighter Regulatory Review
Moreover, the number of approved IPO applications fell this year. Since the beginning of January, only 26 companies completed their listings, down 50 percent from a year earlier, Wind data showed.
The Tea Shops Bubbling Up Hong Kong’s Anemic IPO Market
Hong Kong’s IPO market was once the biggest in the world. Now, its great hope is bubble tea with at least four Chinese stores that sell bubble tea preparing to go public in the city,…
China’s Stemirna halts mRNA cancer vaccine trial, researchers say
China’s Stemirna Therapeutics has halted an early stage trial for a new cancer vaccine, two of its trial researchers said, in a fresh setback to company, which has been grappling with tight funding.
China scrutinises PwC role in $78 bln Evergrande fraud case, Bloomberg News reports
Chinese authorities are examining the role of PricewaterhouseCoopers(PwC) in China Evergrande Group’s accounting practices after the developer was accused of a $78 billion fraud, Bloomberg News …
Russia, Ukraine see crisis eventually resolved through talks, China’s special envoy says
Russia and Ukraine both believe the conflict will end through negotiations, China’s special envoy for Eurasian affairs said on Friday, even though the warring states view the prospect of peace talks …
A high-altitude tunnel is latest flashpoint in India-China border tensions
A tunnel constructed high in the mountains of its northeastern India has become the latest flashpoint in a simmering border dispute between New Delhi and Beijing.
Exclusive-UK’s Legal & General shelves China business license plan, cuts headcount, sources say
British insurer and asset manager Legal & General has shelved a plan to obtain a China business license and more than halved onshore headcount, two sources said, joining a list of global financial …
In One Key A.I. Metric, China Pulls Ahead of the U.S.: Talent
China has produced a huge number of top A.I. engineers in recent years. New research shows that, by some measures, it has already eclipsed the United States.
China boosts supervision of fund firms, launches inspections, newspaper reports
China’s securities regulator has launched onsite inspections of some mutual fund companies as part of efforts to strengthen management of the industry, the 21st Century Business Herald reported on …
