China closed manufacturing hubs Shenzen and Changchun as Covid-19 cases jump, halting local output from companies including Toyota and Foxconn …
Tagged By business
China tech rout: Should have seen it coming
Lack of clarity from Chinese authorities amid stalemate with the US means investors should have expected the unexpected …
South China Morning Post’s first NFT collection sells out in two hours despite global market slump
SCMP’s first NFT collection, featuring its news archives from Hong Kong’s pivotal year of 1997, sold out in two hours on Monday, despite the recent global slump in the market for such tokens.
Domestic Brands Are the Future of China’s Luxury Fragrance Market
An evolution in consumer tastes is boosting sales of high-end Chinese fragrance makers, threatening the dominance of entrenched foreign luxury brands.
From IPO Debacle to RBI Rap, What Went Wrong With Paytm?
This came after the Reserve Bank of India (RBI) on Friday directed Paytm Payments Bank Ltd to stop onboarding new customers with immediate effect, due to certain “material supervisory concerns.” …
Indonesian Tech Giant GoTo Eyes $1.25 Billion IPO At $29 Billion Valuation
GoTo Group is moving ahead with its much-anticipated initial public offering that could see it raise roughly 18 trillion rupiah ($1.25 billion), according to a prospectus filing released on Tuesday.
Shanghai Police Bust $16M Crypto Pyramid Scheme
The scheme was Shanghai’s first cracked case of an online pyramid scheme using cryptocurrencies, according to the police.
UK hits Russian imports with new tariffs and bans luxury exports – business live
Rolling coverage of the latest economic and financial news. Brent crude falls below $100 11:55 Brent crude has fallen back below the $100 per barrel mark for the first time since the …
Putin’s invasion of Ukraine has lit a fire under China to wall off its economy from the US
Xi Jinping has a grand plan to turn China into the world’s dominant superpower. Now US sanctions on Russia are spurring him to speed up his strategy.
China tightens COVID-19 controls, raising risk of trade disruption
Chinese authorities on Tuesday tightened anti-virus controls at ports, raising the risk of trade disruptions after some auto and electronics factories shut down as the government fights coronavirus …
Daily Infographic: Just how extreme is China’s lead in the container port business?
AskWaves looks at the rankings of the world’s top container ports …
China’s woes could reduce demand for Australian iron ore and other commodity exports
China’s widening virus lockdowns are emerging as a new economic threat alongside rising inflation amid concerns they could reduce demand for Australian iron ore and other commodity exports.
Shares in China fall amid strongest COVID-19 lockdown yet
The entire Chinese province of Jilin is under lockdown, as well as Langfang, in Beijing’s northern Hebei province and Shenzhen and Dongguan cities, in China’s south.
