Shares in China National Offshore Oil Corporation jumped as much as 44 per cent on their Shanghai debut as the oil and gas producer completed the country’s biggest stock market listing of the year …
Tagged By business
CR Vanguard Raises $400 Million Ahead of $2 Billion IPO
China Resources Holdings Co.’s supermarket chain CR Vanguard has raised about $400 million in a private funding round ahead of its proposed initial public offering in Hong Kong, people with knowledge …
China should set up carbon ‘connect’ scheme to woo foreign investors -expert
BOAO, China, April 21 (Reuters) – China should launch a pilot “connect” market access programme for carbon with Hong Kong to enable foreign investors to enter the country’s fast-growing green finance …
US sanctions crypto miner BitRiver for Russian operations
BitRiver is the first crypto miner to be sanctioned by the US, putting those in the world’s third largest mining market on shaky ground.
China’s iron ore imports hit five-year low in 2021
Bancosta says this year is not looking much better with imports down nearly 9% year on year in the first quarter …
US sanctions crypto-mining firm to prevent Russia from skirting sanctions and raising cash to fund its invasion of Ukraine
The US Treasury said that Russia’s advantage in energy resources and having a cold climate make its crypto mining services cheaper for foreign firms.
The US has sanctioned crypto-mining firm Bitriver to prevent Russia from bypassing energy export bans
The US Treasury said that Russia’s advantage in energy resources and having a cold climate make its crypto mining services cheaper for foreign firms.
US investors realized 6X more crypto gains in 2021 than next country
Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains. According to a report by Chainalysis, …
Data Rules Risk Making China ‘Digital Island,’ Companies Say
China’s “uniquely restrictive” data laws risk boosting U.S. firms’ cost of doing business in the No. 2 economy and could lead to digital decoupling, a new report from an American business group warns.
Shanghai lockdown: European firms face ‘logistical nightmare’, says business group
A European business group says Western companies in Shanghai are facing a “logistical nightmare” as they start to reopen after a city-wide lockdown. The European Union Chamber of Commerce says that it …
China’s Covid Zero Will Drag Growth to Below 4%, Nomura Says
Nomura Holdings Inc. cut its forecast for China’s economic growth rate to 3.9% as the country’s insistence on sticking with Covid Zero disrupts the economy more severely than monetary policy can …
Crude Oil Price Forecast: China Key to Direction Amid Record US Exports
Pacific trade despite a rapidly shifting fundamental backdrop around US exports, Russian supply and Chinese demand. Where are oil prices headed?
U.S. Treasury Sanctions Russian Crypto Mining Operation Amid New Token Launch
The landmark designation of BitRiver, a Russian mining operation by U.S. Treasury marks the first time a crypto mining operation has been sanctioned by the U.S., but the company is also in the middle …
