Pangilinan-led Meralco Group is exploring strategic options for its renewable power arm, eyeing either an initial public offering (IPO) or a backdoor listing via SP New Energy Corp.
Tagged By beijing
China orders banks to push consumer financing and credit card use
Worries over jobs and the burden of healthcare and education have left many in China unwilling to spend much, hobbling a major driver of business activity.
Property developer Country Garden’s unit forecasts higher annual earnings
Country Garden Services , the property services arm of China’s Country Garden , on Friday forecast a higher full-year profit on the back of lower impairment charges.
Russia Using Crypto in Chinese and Indian Oil Trade – Reuters
Russia is using cryptocurrencies in its oil trade with China and India to dodge Western sanctions, Reuters reported Friday, citing four sources with direct knowledge of the matter. Russia passed …
Vladimir Putin Said ‘Nobody Can Ban Bitcoin’—Now Russia Reportedly Leverages BTC To Evade Sanctions When Selling Oil To China, India
Russia has started employing cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) to manage a growing segment of its oil transactions with China and India, sidestepping Western …
Shein Stays Committed to IPO While Weathering Tariff Storm
Shein’s executive chairman said he remains committed to plans to take the fast-fashion retailer public despite being in the crosshairs of President Donald Trump’s campaign to rebalance global trade.
Iranian Ship Suspected of Missile Cargo Leaves China
The U.S.-sanctioned cargo vessel is on its way to the Iranian port of Bandar Abbas and is expected to arrive later this month.
Tough G7 statement drops ‘one China’ reference from Taiwan language
G7 foreign ministers took a tough stance on China on Friday, stepping up language on Taiwan and omitting some conciliatory references from past statements, including to “one China” policies.
China hits out at ‘threats of force’ on Iran as Trump pushes for new nuclear deal
China, Iran and Russia called for diplomacy over “pressure and threats” and an end to “all illegal unilateral sanctions” following talks on Tehran’s nuclear program Friday in Beijing, Chinese state …
Russia using cryptocurrency in oil trade with China, India to bypass sanctions, Reuters reports
The cryptocurrency scheme currently represents a small fraction of Russia’s $192 billion annual oil trade, according to the International Energy Agency, but its usage is reportedly increasing.
Russia Is Using Bitcoin and Crypto For Its Oil Trades with China and India
Russia is turning to bitcoin and crypto to facilitate oil trades with China and India, circumventing sanctions imposed on Ukraine.
Tesla reportedly producing cheaper Model Y to boost sluggish sales in China
Tesla has plans to produce a low-cost version of its best-selling Model Y to boost sluggish sales in China, according to a report. The car will cost at least 20% less to produce than the…
China erupts with fury at Taiwan as Beijing labelled ‘foreign hostile power’
New president “William” Lai Ching-te has been increasingly robust about Taiwan’s independence from China and Beijing isn’t happy.
