(“IMAX China” or the “Company”, HKSE: 1970) today reported half-year 2020 Greater China revenue of US$6.7 million, gross and adjusted loss of US$4.0 million and US$15.5 million, respectively. For … ( read original story …)
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IMAX China Reports Half-Year 2020 Financial Results
Senior Executives Quit China Wealth Fund Over Pay, Opportunities
China’s sovereign wealth fund is losing senior-level talent at one of the worst possible times.Three of China Investment Corp.’s top executives have resigned since April, leaving the $941 billion fund … ( read original story…
Biting The Bullet: Luxury Beauty Brands On Amazon
Many luxury beauty brands have resisted the lure of selling on Amazon for a long time. But business is brisk in this category for customers wanting safe and easy access to luxury. Now, prestige beauty…
Japan’s air force faces a ‘relentless’ burden, imposed by China
Japanese fighter pilot Lt. Col. Takamichi Shirota says his country is under increasing pressure from the air. Analysts say it’s a pressure faced by few other nations. ( read original story …)
US, Australia Seek New Military Cooperation In Face Of China
The United States and Australia said Tuesday they will expand military cooperation as tensions soar with China, presenting a common front between the allies. Going ahead in Washington with annual … ( read original story…
China Battles Coronavirus Outbreak in Xinjiang Region
China reported more than 100 newly confirmed cases of coronavirus on Wednesday as the country continues to battle an outbreak in Xinjiang. The northwestern region accounted for 89 of the new cases, … ( read…
U.S. Warns Against Planting Mystery Seeds From China
China’s foreign ministry on Tuesday said that … please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ( read original story …)
Shenzhen housing market gets chilling effect as policy curbs flush out speculative buyers
Nowhere is that more evident than the sudden squeeze this month in Shenzhen, the Silicon Valley of China and a speculative hotbed in the southern province of Guangdong that borders Hong Kong. Some … (…
China reports 101 new coronavirus cases for July 28 vs 68 prior day
China reported 101 new coronavirus cases in the mainland for July 28, up from 68 cases a day earlier, the health commission said on Wednesday. ( read original story …)
Fund Scandal Was ‘Wake-Up Call’ for Noah’s Shadow-Banking Shift
Noah Holdings Ltd. was a poster child for the dangers lurking in China’s $8 trillion shadow banking system. Now it’s at the fore of a historic shift in Chinese asset management, one that policy makers…
China’s new green development fund raises $12 billion in phase 1
China’s first dedicated environmental fund, which will invest in green projects and firms, has already raised 88 billion yuan ($12.59 billion) in its first phase, an environment ministry official said … ( read original story…
Overnight Defense: Senate GOP coronavirus bill includes $29.4B for Pentagon | US, Australia focus on China in key meeting
Happy Tuesday and welcome to Overnight Defense. I’m Ellen Mitchell, and here’s your nightly guide to the latest developments at the Pentagon, on Capitol Hill and beyond. CLICK HERE to subscribe … ( read original…
How to Hold Beijing Accountable for the Coronavirus
Why did China cover up the epidemic? The most plausible explanation involves a Wuhan lab. ( read original story …)
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