STORY: Here are five business stories making headlines in sub-Saharan Africa this week.South Africa’s rand was flat against the dollar in early trade on Thursday (December 29) as rising COVID-19 cases …
Tagged By business
4 China Stocks to Buy Right Now
After prolonged isolation, China is reopening its doors to the world, and its leadership is determined to do the needful to revive the economy from its slumber. Hence, it …
China to launch first national ‘digital asset’ marketplace, India to consider ban of unbacked crypto in its G20 presidency
We have launched Cryptogram, an India-focused free weekly newsletter on blockchain tech, global crypto markets, and Web3 technologies which promise to change our future. If you would like to subscribe …
Hong Kong ends 2022 with five listings, ending a tough year with a bang as IPOs trickle back
The HK$394 million raised by three of the five companies are a much-needed boost for Hong Kong as it clings to fourth place behind Shanghai, Shenzhen and Seoul among the world’s top IPO destinations.
2023 Import-Export Tariffs in China
China import export tariffs in 2023 will include new tariff waivers and increases for certain commodities – here’s what you need to know.
Putin says Russia now one of China’s leading oil and gas suppliers
Russian President Vladimir Putin said on Friday that Russia had become one of China’s leading suppliers of oil and gas, with 13.8 billion cubic metres of gas shipped to China via the Power of Siberia…
Hong Kong pushes Seoul aside to climb to third place in Refinitiv’s 2022 list of the world’s biggest IPO markets, behind Shanghai and Shenzhen
A strong second half lifted the city from 10th place in June, according to Refinitiv data The city fared better than its two traditional rivals in the United States, as Nasdaq and the NYSE both…
Full Truck Alliance Puts The Brakes On Hong Kong Listing Plan
Trucking app operator Full Truck Alliance has halted its plan to make a second listing in Hong Kong, according to a media report. Find out more.
Hindalco, Nalco among top Nifty 50 gainers after China plans on raising export tariffs on aluminium
A hike in export tariffs for China’s aluminium is a positive for aluminium manufacturers from other countries.
After three years of quarantine China’s fight to normalize now faces rising infections
China is on a bumpy road back to normal life as people return to schools, shopping malls and restaurants following the abrupt end of some of the world’s most severe restrictions even as hospitals are…
Inflation, China’s COVID bounce, teetering crypto: what’ll move markets in 2023
First the good news: 2022, a nightmare year for both stocks and bonds, is nearly over. Now the bad news: while 2023 is likely to be better, it won’t really seem that way for a…
China’s Huawei sees ‘business as usual’ as U.S. sanctions impact wanes
Chinese tech giant Huawei Technologies Co Ltd (HWT.UL) estimated on Friday its 2022 revenue remained flat, suggesting that its sales decline due to U.S. sanctions had come to a halt.
Covid fears in China may have cascading impact on India’s exports, imports
There is a looming fear among exporters of further deceleration in shipments to China, amid a fresh spike in the number of Covid cases in the neighbouring country. Any massive or large-scale lockdown …
