SINGAPORE—Turmoil in the U.S. banking sector isn’t just a problem for the U.S … and the beginnings of a revival in China after Beijing in December ditched its zero-tolerance approach to Covid-19.
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Global IPO revival threatened by risks
Banking turmoil and recession risks are spelling trouble for the global initial public offering (IPO) market, keeping it mired in a slump even after investors started the year thinking that the worst …
Shanghai reverses course with total lockdowns as covid surges in China
For much of the world, the arrival of the highly transmissible omicron coronavirus variant has cemented acceptance that the virus is here to stay and should be mitigated but tolerated. In China, …
Warner says White House supports his bill targeting TikTok: “One of my bigger fears” is how data is being used by China
Sen. Mark Warner said on “Face the Nation” that the White House supports his bipartisan bill that seeks to give Commerce Secretary Gina Raimondo the power to ban or force the sale of TikTok.
Bank stress brings U.S. closer to recession, Kashkari says
WASHINGTON, March 26 (Reuters) – Recent stress in the banking sector and the possibility of a follow … adding that the signing of agreements between Beijing and Brasilia has been postponed.
China to decide new date for Brazil’s Lula visit, agreements postponed -minister
Brazil’s Agriculture Minister Carlos Favaro said on Sunday that the Chinese government would decide on a new date for Brazilian President Luiz Inacio Lula da Silva’s visit to the country, adding that …
GOP rep. warns China is taking advantage of its ‘developing country’ classification: ‘Level the playing field’
Calif., discusses the push to strip China from its developing country classification, arguing that they’re taking advantage of said status.
We’re open for business, China says in renewed pledge to open markets
“[We will] continue to expand [China’s] market access, comprehensively optimise the business environment, implement national treatment for foreign companies, and make greater efforts to attract and …
IMF chief warns risks to financial stability have increased; the need for vigilance” in banking sector
International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need for vigilance” following the recent turmoil in the …
China supports accounting firms, including Deloitte, doing business in the country
China’s vice minister of finance, Zhu Zhongming, said that China supports international accounting firms, including Deloitte, operating in China, the ministry said in a statement. The comments came …
US President Joe Biden Signs Bill To Declassify Info On Covid-19 Origins And Wuhan Links
Washington: US President Joe Biden has signed the ‘Covid-19 Origin Act of 2023 Bill’ that requires the Director of National Intelligence to declassify information related to the origins of the deadly …
Lynch Group mulls China flowers future; talks to PE
Bombed out flower grower and wholesaler Lynch Group is understood to be considering options for its once-exciting China business, in a bid to unlock value for investors and potentially a buyer for the …
How China Keeps Putting Off Its ‘Lehman Moment’
Chinese regulators have proven the financial doomsayers wrong again and again. But their biggest test may yet lie ahead.