Industrial firms including GE, chipmakers such SK Hynix and automaker Mercedes Benz warned that China’s strict COVID-19 curbs were intensifying supply chain disruptions and raising uncertainty about …
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LIC IPO News LIVE Updates: Press conference at 12.30 pm; issue likely to open on May 4
PM. India slashed the size of its biggest initial public offering by about 60%, pressing ahead with the sale even as the war in Ukraine continues to weigh on investor demand. Prime Minister Narendra …
Tesla welcome in India, but shouldn’t’ import cars from China: Nitin Gadkari
On one hand, Elon Musk has struck a deal to buy Twitter and on the other hand, the Tesla CEO is navigating through challenges to bring EVs to India. Tesla is welcome to set up…
Asia-Pacific Blockchain Technology Market Size, Key Player, Competition Weakness and Strengths from 2022 to 2031
The report titled Asia-Pacific Blockchain Technology Market which was recently added by Kenneth Research, aims at providing the …
Hong Kong exchange profits plunge amid IPO drought, virus woes
Hong Kong’s stock exchange on Wednesday reported its biggest quarterly drop in profits for six years as tightened Chinese regulations strangled new listings and the city struggled with its …
China’s moves in the South Pacific
Plus, we’ll find out about Chinese companies that are trying to lease property on South Pacific islands. I’m Marc Filippino, and here’s the news you need to start your day. The Nasdaq lost 4 per…
Tax Relief for Manufacturing SMEs Bears Fruit as China Defers US$39 Billion
Manufacturing SMEs enjoyed US$39.1 billion in tax deferrals in March 2022. What China tax incentives are available for SMEs, and can they help boost growth?
China’s industrial profits up 8.5 pct in Q1
Profits of China’s major industrial firms rose 8.5 percent year on year in the first quarter of 2022, official data showed on Wednesday. Industrial firms each with annual main business revenue of at …
China paying price for sitting on fence in Russia-Ukraine conflict: Blinken
China is paying a “reputational cost” for sitting on fence on Russia’s invasion of Ukraine, US Secretary of State Tony Blinken told lawmakers on Tuesday.
Viewpoint: China COVID policies to squeeze flow of European exports to North America
China’s zero-COVID measures will make it harder for European exports to reach the East Coast because empty containers aren’t getting where they’re needed.
China monitors the metaverse with state-backed NFT network
China is launching a state-backed NFT network with the purposes of extending its controls over the internet as it morphs into Web3, according to Reuters. Without specifically using the term NFT, China …
Texas Instruments braces for 10% revenue hit from China lockdowns
The Dallas-based chipmaker dodged questions about whether the situation in China would exacerbate computer chip shortages.
Crisis or hiccup? Assessing the logistics impact of China lockdowns
COVID lockdowns in major Chinese cities are bottling up freight shipments, but the full impact on global trade won’t be clear until this summer.
