A rally in beaten-down cryptocurrencies stumbled Thursday on the prospect of a sustained campaign of Federal Reserve interest-rate hikes that will likely suck liquidity from global markets.Most Read …
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What is a bear market? Meaning of the term explained and how it affects crypto and stock market
The cryptocurrency market is continuing to struggle, suffering multiple crashes in 2022 that have cost investors billions. Bitcoin hit a record high of almost $68,000 back in November last year. Other …
China’s export container shipping index slightly down in May
China index of export container transport edges down in May according to the Shanghai Shipping Exchange The average China Contai …
Chinese brands build up strength amid headwinds from COVID-19
Chinese brands have built up strength despite the challenges brought about by COVID-19, according to a report released by the international market research firm Kantar on Wednesday. A total of 14 …
Top headlines: China lockdown impacts TaMo; Revlon files for bankruptcy
Jaguar Land Rover (JLR) faces headwinds due to lockdowns in China for Covid-19, as the UK subsidiary of Tata Motors battles global supply chain issues caused by the war in Ukraine and difficult …
Canadian live lobster industry warned to expect new Chinese customs measures
The Lobster Council of Canada issued a special bulletin this week telling live seafood shippers to expect to participate in the China Import Food Enterprise Registration system in the future, which …
Crypto-SPAC Deals Stuck in SEC Limbo as Token Demand Plunges
(Bloomberg) — Crypto companies that have been trying to go public since last year’s boom remain stuck in a lengthy back-and-forth with US regulators, adding to the pile of challenges facing the …
China’s new energy firms turn to European markets for capital as US becomes increasingly hostile
At least eight companies have announced plans to issue global depositary receipts in Switzerland and London since the China Securities Regulatory Commission revised the scheme in February.
China’s service outsourcing industry registers steady growth
China’s service outsourcing industry notched a steady expansion during the January-May period, data from the Ministry of Commerce showed. Chinese firms inked service outsourcing contracts worth about …
In stamping out covid, China has stomped on confidence
F oreign economists are forever urging China to increase its consumer spending. On June 18th each year, the country tends to oblige. That is the date of the “618” shopping fes …
US Lawmakers Reach Agreement To Restrict American Investments In China: Report
In US, a group of politicians said that they had reached an agreement on legislation that would allow the government to shut off billions invested in China.
China Brokerage Slides After Market-Beating Rally Spurs Warning
China’s top-performing stock fell Thursday after the firm, Everbright Securities Co., warned investors there’s little change in the company’s business environment to trigger the rally.Most Read from …
Absurd bill to ban oil exports to China exposes lack of common sense among US lawmakers
In face of record-high gas prices in the US and skyrocketing inflation, radical anti-China politicians in Washington have come up with another “brilliant” idea: ban US’ oil exports to China. Notorious …
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