People walk near a Baidu logo at the company headquarters in Beijing, China April 23, 2021. REUTERS/Florence Lo …
Tagged By business
Here’s What’s Really Behind Crypto’s Latest Drop
If you were wondering about the story behind this latest crash, look no further than Celsius. Celsius is an app that lets users earn interest on their cryptos by lending and staking them across DeFi.
Bill Gates Blasts Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Billionaire Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams “based on the greater-fool theory” at a climate conference Tuesday, reviving past criticisms of digital …
Forever 21 Takes Third Crack at China With New Bricks and Mortar Store
American fast fashion retailer Forever 21 is making its third tilt at the China market, with plans to open a physical store in the country later this month. The brand said on social media platform…
China regulator denies Ant Group restarting IPO
The prospect of Alibaba’s listing of its financial arm Ant Group moving forward after an 18-month delay was dampened by the securities regulator denying it is looking at resuming the IPO. In a brief …
China’s shoppers are still on strike and youth unemployment is rising
China’s economy showed some signs of improvement … as services industries that tend to hire younger workers were hit hardest by business shutdowns and restrictions on consumer activities.
Alibaba’s Intime ties up with 16 brands for recycling initiative
Around 60 recycling stations will accept used clothing for recycling. Intime, a brick-and-mortar retailer owned by Alibaba Group, has joined forces with 16 brands in China to encourage customers to go …
China handset brands penetrate own chips into midrange models
Chinese handset vendors Oppo, Vivo and Xiaomi continue to strengthen in-house development of chipsets for greater product differentiation, and they are moving to expand the penetration of such …
China’s Factories Perk Up, But Frail Consumption Points To Weak Economic Recovery
The uptick in the industrial sector was underpinned by the easing of COVID curbs and strong global demand. China’s exports grew at a double-digit pace in May, shattering expectations, as factories …
China’s factories perk up, but weak consumption points to slow economic recovery
China’s economy showed signs of recovery in May after slumping in the prior month as industrial production rose unexpectedly, but consumption was still weak and underlined the challenge for …
VistaREIT IPO is TODAY
The most I could say here is that the Villar Family has done a good job at getting a good price for the equity that it’s sold in these companies.
Experts see foreign capital rising in China
China’s huge economy, its bright prospects and the government’s unwavering efforts to open the domestic market wider to the rest of the world make the country increasingly attractive to foreign …
Chubb CEO Evan Greenberg urges US businesses to stay engaged in China market
Evan Greenberg says a full-scale decoupling is ‘an economic impossibility’ that would undermine US global competitiveness ‘I support the US vigorously defending and protecting its strategic interests, …
