Importers and Exporters in Ghana have told the government that they import most of their goods from China therefore, the Bank of Ghana (BoG) or the government through the Ministry of Finance should …
Tagged By business
First Mover Asia: Singapore’s Strict Approach to Crypto; Bitcoin Rises Despite Investors’ Jitters About War, US Executive Order
Singapore’s high standards may be discouraging some crypto companies from establishing operations in the nation state; investors were wrestling with the latest developments in Ukraine and await the …
China Hacked at Least 6 U.S. State Government Networks
A threat actor with longstanding ties to the Chinese government has targeted half a dozen state governments, research from cybersecurity giant Mandiant shows.
Alex Tapscott: Why cutting ordinary Russian civilians off from crypto could be a mistake
Over the weekend, payment giants Visa and Mastercard announced they were suspending their Russian operations. American Express and PayPal followed suit. The decisions sent shockwaves through a country …
Ukraine invasion won’t dent China’s push to surpass US, become top economy by 2030: Beijing adviser Justin Lin Yifu
Former World Bank vice-president Justin Lin Yifu reiterated his estimate this week that China will become the world’s top economy by 2030 Overseas investors did sell 67 billion yuan (US$10.6 billion) …
GM Gears up to Launch ‘Halo’, a New Premium Import Business in China
According to a Shanghai-based GM spokesperson, Blissett told Chinese media outlets on Friday the new premium brand will specialize in selling upscale GM vehicles currently unavail …
International firms are facing louder calls to quit Russia – here’s why brands like Starbucks, KFC, and Uniqlo are choosing to stay
Over the past few days, dozens of global brands have suspended sales in Russia putting pressure on others to do the same.
Adidas announces new China chief as it looks to revive sales
Adidas has replaced its China chief, it said on Tuesday, as the German sportwear brand looks to revive sales in the world’s second largest economy.
GM gears up to launch new premium import business in China
BEIJING, March 8 (Reuters) – General Motors Co (GM.N) plans to create a new, independently owned premium brand in China that will market what the automaker’s China chief Julian Blissett recently …
U.S. trade deficit soars to record high in January as imports rise
The U.S. trade deficit widened to a record high in January as imports increased and exports fell, the U.S. Commerce Department reported on Tuesday. U.S. imports rose by 1.2 percent to 314.1 billion U.
China exports log 16.3% rise in first two months: customs
Chinese exports in January and February rose a combined 16.3 per cent on surging global demand and a spike in trade with Russia in the run-up to the Ukraine conflict, according to customs data …
Column: China’s commodity imports look deceptively boring. But Ukraine looms
China’s imports of major commodities appeared largely steady to even somewhat soft in the first two months of the year. But the bland figures mask some dynamic shifts, which are likely to be …
Ant Group IPO said to be delayed indefinitely
An Ant Group initial public offering is said to delayed indefinitely amid China’s crackdown on the tech industry. Bankers who last fall discussed a possible Hong Kong-based IPO of the fintech …
