The bitcoin and crypto trials will start on September 1 … after the U.S. in June cracked down on foreign banks working with Russia, with many China banks since halting yuan payments. Russia had already…
BUSINESS
Canada Imposes 100% Import Tariffs on China-made EVs
On Monday, Canada announced its decision to impose 100% import tariffs on China-made electric vehicles (EVs), effective October 1. The country joins the U.S. and the European Union, which recently …
Duality plans Hong Kong IPO to fund trials of BioNTech-partnered ADCs and beyond
China’s Duality Biotherapeutics has filed (PDF) paperwork for a Hong Kong IPO, seeking an undisclosed sum to power a broad pipeline of antibody-drug conjugates toward approval. The filing extends the …
Malaysia starts ‘luxury’ durian exports to China as Indonesia sniffs the market
Indonesian durians would also need to meet China’s phytosanitary protocols, meaning a process for inspection, certification and possible quarantine to ensure they are free from pests and diseases. Officials in Jakarta hope to step up…
A top White House official says US and China are working to avoid conflict at talks in Beijing
It noted that the two sides are talking on climate and other issues, but it accused the U.S. of continuing to constrain and suppress China. Canada announced on Monday that it will match America’s 100%…
HKEX hires Johnson Chui from Nomura to bring overseas IPOs to Hong Kong
Both measures are for a period of three years. HKEX, which reported its best second quarter on record last week, said it would continue promoting IPOs after China announced measures in April to …
Top US, China officials to meet on military, Taiwan, fentanyl
Beijing plans to express its disapproval over U.S. tariffs on a range of manufactured goods and export controls targeting Chinese chip makers, and talk about its claims of sovereignty over the democratically ruled island of…
Bitcoin’s Next Big Move: How U.S. and China Could Reshape the Crypto Landscape
U.S. holds 203,239 BTC worth $13B; potential sell-offs could trigger market turbulence and a price drop. China may re-enter the crypto market, using Bitcoin to challenge U.S. dollar dominance and …
The IPO Hopeful’s Dilemma: Cram Into Fall Window or Wait for ’25
putting a damper on IPO volume, which is unlikely to overtake last year’s even after bouncing back in the first half from the post-pandemic lull. First-time share sales outside mainland China have …
China’s Anta Sports announces up to $1.3 bln share buyback
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Premier Energies IPO: 12 key risks to know before subscribing to the issue
The IPO allotment is expected to be finalized on Friday … Risks Associated with Importing Machinery: The company imports key manufacturing machinery from China, exposing it to risks like tariff …
Gala Precision Engineering IPO opens bids on Monday, announces Rs 503-529 price band. Check details
The IPO is a mix of a fresh issue of 25.59 lakh equity shares amounting … fasteners have been supplied to customers in countries such as Germany, Denmark, China, Italy, Brazil, USA, Sweden, …
Canada to slap 100% import tariffs on Chinese electric vehicles over ‘unfair’ competition
Canada on Monday said would impose 100% import tariffs on China-made electric vehicles, as well as a 25% tariff on steel and aluminum imports from China. Canada said its EV, steel and aluminum …