The U.S. affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with …
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Syngenta’s $9bn IPO approved by Shanghai Exchange
Agrichemical supplier Syngenta Group Friday received Friday the go-ahead to list on the Shanghai Stock Exchange, with the aim of raising 65 billion yuan ($9.1 billion) in what would be the one of …
Exclusive-China’s Xi tells Bill Gates he welcomes U.S. AI tech in China-sources
HONG KONG (Reuters) -Chinese President Xi Jinping discussed the global rise of artificial intelligence with Bill Gates on Friday and said he welcomed U.S. firms including Microsoft bringing their AI …
Biggest Crypto Stablecoin Was Once Backed by Chinese Securities
Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, the world’s largest, documents released by New York’s Attorney General show.
Exports to China soar 13% on bumper May
Cambodian goods exports to mainland China reached US$588.800 million in the first five months of 2023, up 13.27 per cent year-on-year from $519.821 million and up 18.25 per cent half-on-half (compared …
US chip giant Micron to invest $600 mn in China plant
US chipmaker Micron said Friday it would invest more than $600 million in a packing and testing factory in northern China, less than a month after Beijing banned its chips from critical infrastructure …
As Blinken Heads to China, a Wall of Suspicion Awaits Him
Even as Beijing prepares for a visit by the secretary of state, China’s leader has made clear his expectations of more hostile superpower competition.
China Takes Next Step in Currency Globalization, With Some HK Stocks Priced in Yuan
China’s gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies start trading in their home currency in Hong Kong’s stock market. Hong …
China Ends 22-Year Ban on Polish, Belgian Beef
China has lifted the import ban on deboned beef aged under 30 months from Poland and Belgium that it imposed more than 22 years ago after mad cow disease was found in those countries. The…
Syngenta gets IPO greenlight from Shanghai Stock Exchange
Swiss agrichemicals and seeds group Syngenta’s initial public offering (IPO) application has passed a review by the listing committee of the Shanghai Stock Exchange, a filing posted on the exchange …
Syngenta gets the nod to launch US$9.1 billion Shanghai IPO, anchoring the world’s biggest stock sale this year in China’s commercial hub
Shanghai exchange approves Syngenta’s US$9 billion mainboard listing Syngenta plans to sell as many as 2.78 billion yuan-denominated shares to fund a slew of activities, including R&D, acquisitions …
China’s Guangxi sees foreign trade surge 53.2% in Jan-May
South China’s Guangxi Zhuang autonomous region reported robust foreign trade growth in the first five months of 2023, according to the local customs authority. Guangxi’s total imports and exports from …
Bill Gates visits China, hot on the heels of Elon Musk, with Xi meeting confirmed
Microsoft’s co-founder Bill Gates is set to meet President Xi Jinping on Friday, a day after meeting Beijing’s mayor to discuss a drug discovery partnership with China.
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