A nonprofit focused on “increasing diversity within venture capital deals and decision-makers” per our reporting, All Raise now has a new boss. Mandela Schumacher-Hodge Dixon comes into the role after …
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Ex-Kazakh president’s brother busted for illegal crypto mining
Former Kazakhstan president Nursultan Nazarbayev’s brother Bolat Nazarbayev was among 106 illegal cryptocurrency miners to halt operations in the government’s latest round of inspections, the …
How Shanghai’s White Rabbit candy became a globally beloved brand
Since its birth in 1943 China, milky White Rabbit candy has become popular around the globe and inspired ice cream flavors, clothing and an art exhibit.
Asian shares up ahead of Fed meeting as China rebounds
Asian share markets rose on Wednesday on a rebound in battered Chinese stocks and ahead of a closely watched meeting of the U.S. Federal Reserve, while oil prices remained volatile as investors’ …
In blow to Biden, Saudi Arabia considers helping China unseat US dollar as world’s reserve currency
Saudi Arabia has conducted all of its oil sales in U.S. dollars. That might be about to change, and President Joe Biden’s snubbing of Arab leaders might be the cause.
US bans import of all China’s Li-Ning products, citing use of North Korean labor
The U.S. customs agency has banned all goods made by the Chinese sportswear giant Li-Ning, accusing the company of using North Korean labor in its supply chain, a violation of U.S. sanctions. It is …
China Canceled H&M. Every Other Brand Needs to Understand Why
How do you come back from the most ferocious digital backlash ever unleashed on a foreign brand in China? Swedish retail giant Hennes & Mauritz AB is trying to answer that question by asking another:…
China won’t let Putin lose his ugly Ukraine war
Russian President Vladimir Putin requested military assistance from his Chinese counterpart Xi Jinping to fight a war when much of the world is uniting against him.
Lithium battery startup files for IPO in Hong Kong
Chinese EV battery giant CALB plans to IPO in Hong Kong. After a bad year in 2020, the company has ridden on the success of China’s booming EV sales.
War Hits Gazprom’s Export Strategy
Europe’s intention to phase out Russian energy supplies in response to war in Ukraine could force Gazprom to make changes to its long-term export strategy.
US bans import of all China’s Li-Ning products, citing use of North Korean labour
The Chinese sportswear giant’s supply chain is accused of having North Korean ties, a violation of US sanctions.
First Mover Asia: China Equities Woes, Tensions With the US Have Barely Touched Bitcoin; Cryptos Climb
Hong Kong’s Hang Seng market has suffered through some of its worst days in more than a decade but have not seemed to affect bitcoin’s price much; cryptos rose slightly as investors waited for the…
China as Russia’s Backdoor to Western Sanctions
As Western sanctions bite deep into the core of Russia’s economy, China is increasingly being viewed as Vladimir Putin’s economic lifeline to sustain the nations economy.