China’s car sales rose 6% in August over a year earlier as the industry’s biggest market recovered from the coronavirus pandemic, but purchases for the year to date were off more than 15%, an industry…
BUSINESS
Countries of the world ranked by crypto adoption┃Chainalysis report
A recent publication by Chainalysis puts Russia and China above the US in terms of cryptocurrency adoption, with Ukraine leading the way globally Cryptocurrency data analysis company, Chainalysis, … ( read original story …)
‘Not a great day’ for Yum China’s IPO debut in Hong Kong: BOCOM International
Yum China’s initial public offering debut in Hong Kong could have had its valuation referenced from its U.S.-listed entity, says Hao Hong from the Bank of Communications International. ( read original story …)
Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist
That’s how Singapore-based DBS Bank describes the current state of digital assets in its quarterly report on cryptocurrencies published in August. It’s interesting to hear such an observation from a … ( read original story…
Crypto-miners could flock to the Nvidia RTX 3080, leaving gamers out in the cold
That will certainly be disappointing to hear for those who thought that the crypto-mining boom days were over, but don’t forget that we recently heard that Nvidia’s Turing GPUs, such as the RTX 2060, ……
China’s economic recovery continues as pressure eases on consumers, manufacturers in August
China’s consumer price index (CPI) rose 2.4 per cent from a year earlier in August, while the producer price index (PPI) dropped 2.0 per cent year on year last month. ( read original story …)
Historian Hal Brands on COVID-19’s effect on world order
On “Intelligence Matters,” Mike Morell speaks with Brands about the opportunities that may emerge from the COVID-19 outbreak, as well as the challenges. ( read original story …)
Ukraine, Russia and Venezuela are leading the world in crypto adoption: Chainalysis
Recent data published by Chainalysis revealed a surprising first place for Ukraine in the Global Crypto Adoption Index 2020, followed by Russia and Venezuela. The Index looks at three on-chain metrics … ( read original…
Security Firms Warn of Potential DeFi Exit Scam After $2.5M in ‘Locked’ Cryptos Moved
Two blockchain security firms have warned that the creators of a DeFi contract on the EOS network may have fled with users’ funds. ( read original story …)
U.S. firms in China increasingly fear soured ties will last for years: survey
U.S. companies in China are increasingly fretful that trade tensions between the world’s two biggest economies will drag out over years and nearly a third said their ability to retain staff had been … (…
US lags behind Russia and China for crypto adoption: Chainalysis
Recent data published by Chainalysis revealed a surprising first place for Ukraine in the Global Crypto Adoption Index 2020, followed by Russia and Venezuela. The Index looks at three on-chain metrics … ( read original…
Nongfu Spring’s founder briefly becomes China’s richest man, thanks to a huge stake in bottled water IPO
The public offering of a bottled water giant has propelled its founder into the ranks of the three richest people in China, thanks to an ownership structure that reflects some potential risks of … (…
A blockbuster IPO briefly made a bottled water entrepreneur China’s richest man
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Nongfu Springs, a Chinese bottled-water giant, saw its stock … ( read original story…
