BEIJING : China’s imports of Russian metallurgical coal, a key feedstock for steelmaking, hit a record in April, shipping data shows, driven by steep discounts compared with other suppliers and …
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China faces risk of ‘localised’ recessions as lockdown pain grows
China’s Communist Party (CCP … exited its lockdown earlier this year relatively unscathed as factories continued to operate, Ng said exporting the “Shanghai model” elsewhere could have serious …
China’s Shandong port trader secures rare Russian oil deal – trade, statement
China’s Shandong Port International Trade Group, a provincial government backed commodities and oil trader, has secured a rare shipment of Russian crude oil for arrival into east China this month, …
China-Laos freight train speeds through customs using new method
A China-Laos freight train (Vientiane-Chengdu), which is the first in China to adopt a new “fast customs clearance”, arrived Tuesday. In the past, customs clearance usually took between 1-2 days. The …
China to launch trillion-dollar gas pipeline expansion, eyeing more Russian imports
China plans to extend its massive gas pipeline grids to 163,000 square kilometres, requiring capital expending of up to $1.9 trillion …
China-Laos Railway launches express service
The first express train on the China-Laos Railway arrived at the Chengdu International Railway Port on Tuesday. China’s General Administration of Customs launched the express service to facilitate the …
Vietnam’s Vinfast IPO may be delayed to 2023 on market uncertainty
referring to supply chain disruptions caused by Covid-19 lockdowns in China’s business hub. But Vuong sought to reassure shareholders the startup would go ahead with the IPO “no matter how uncertain …
Delhivery IPO opens today: Here’s everything you need to know
The Rs 5,235 crore initial public offering (IPO) of supply chain firm Delhivery is available from May 11-13, 2022. It has a price band of Rs 462-487 per share.
US Trade Deficit With Communist China Is Climbing
At the White House press briefing last Dec. 6, press secretary Jen Psaki made it clear that President Joe Biden wanted the People’s Republic of China to pay a price …
China logs 36pc fall in April meat imports, as COVID lockdowns bite
SEVERE COVID lockdowns in Shanghai and Beijing, along with several other large Chinese population centres, have pushed China’s April meat imports one-third lower, year-on-year. China’s General …
Delhivery IPO raises Rs 2,347 cr from anchor investors Tiger Global, Bay Capital, others
Delhivery had filed for the IPO in November. For retail investors … a wholly owned subsidiary of private equity firm Fosun’s China Momentum Fund, L.P. will sell shares worth Rs 200 crore and Times …
Tesla ships 4,767 cars from Shanghai plant; First export since factory reopening
Tesla did not export any China-made Model 3s or Model Ys from the Shanghai plant in April, the China Passenger Car Association said on Tuesday, as China’s zero-COVID-19 policies disrupted production …
SGX Nifty in red: Delhivery IPO, Venus Pipes IPO, Nifty outlook, global market set up; key things to watch out
BSE Sensex and Nifty 50 were set to see a tepid start on Wednesday, a day before weekly F&O expiry. Nifty futures were ruling at 16,173, down 38 points or 0.23 per cent on Singaporean…