A massive knock to the Caixin China Services Purchasing Managers Index in March shows that the latest virus outbreak is taking a toll on growth. But it’s the Federal Reserve’s incipient rate hike …
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China Amends Law to Allow Foreign Inspection of Listed Companies
The new rules may boost investor confidence and move U.S. listing plans of Chinese companies. But they also may decrease the volume of homecoming IPOs in Hong Kong, lawyers say.
Crypto, blockchain and NFTs: Andreas Veneris explains the fast-moving digital assets space
U.S. President Joe Biden recently signed an executive order that calls on several agencies to work towards a regulatory framework for certain types of digital assets, potentially …
China state refiners shun new Russian oil trades, teapots fly under radar
China’s state refiners are honoring existing Russian oil contracts but avoiding new ones despite steep discounts, heeding Beijing’s call for caution as western sanctions mount against Russia over its …
Putin ally China rejects Russian oil despite steep discounts amid Western sanctions, report says
while support is building within the EU to join the US in banning imports outright. As Western sanctions continue to snag Russia’s economy, some analysts have said Putin may increasingly turn to China …
Alibaba, SoftBank Score First 2022 IPO Windfall With GoTo Sale
GoTo Group, whose business spans ride-hailing, e-commerce and fintech, became one of the world’s biggest listings this year, giving a much needed boost to early backers including China’s Alibaba Group …
The Crypto Report: Bitcoin and Ethereum lower as inflation and Chinese COVID-19 woes weigh
Top digital currencies slumped, mirroring the wider markets, as rising inflation and the escalating Coronavirus (COVID-19) crisis in China spooked investors. Bitcoin lost 2.6% to US$45,426, while …
Should You Buy the Dip of the Crypto Crash?
Major sell-offs started when the CEO of Tesla announced that the company will stop accepting Bitcoins as payment, citing environmental concerns because of the large energy consumption needed for …
Store Closures and Supply Chain Slowdowns Persist Amid Lockdowns in Shanghai and Across China
Covid” policy to combat outbreaks of COVID-19, came shortly after asymptomatic positive cases surged to more than 13,000.
Shutdowns in China leave things open-ended for supply chain stakeholders
The ongoing Omicron variant-driven issues that have been plaguing key manufacturing and port hubs in China continue to raise supply chain concerns.
Globetrotting Executive’s Startup Matches Blockchain With Mangos
Léveillé’s passion for food led her to start AgriLedger, a business that uses the blockchain to give farmers more direct control of logistics and finances. Working in …
China’s Zhiyi Tech raises $100M to help fashion brands predict bestsellers
In China, live streaming promotion is emerging as a popular way for brands and influencers to reach consumers, challenging the traditional e-commerce model where users browse static pictures, read …
Valentino hires Janice Lam to lead Greater China
The chief executive appointment comes as the Italian luxury fashion house continues to expand in the China market.
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