Financialization refers to the process in which financial institutions create and leverage financial instruments (that largely structure insurance and debt) in order to support and profit from … ( read original story …)
Tagged By business
Mass-market brand stockpiles grow as automakers eye sales targets
Carmakers continue to stockpile new cars and light trucks at dealerships to achieve annual sales targets in 2020, the China Automobile Dealers Association said in releasing new monthly inventory data. ( read original story …)
OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
Bitcoiners have panned remarks by the OCC’s Brian Brooks that bitcoin is owned by China due to the disproportionate share of mining power. ( read original story …)
China Cosmetics Firm Yatsen Raises $617 Million in U.S. IPO
Chinese cosmetics company Yatsen Holding Ltd. raised $616.9 million in a U.S. initial public offering priced at the top of a marketed range, as authorities continued threatening to force firms from … ( read original…
In an On-brand Move, China Issues Diktat to Australia
The extraordinarily blunt dossier “leaked” to media outlets contains a long list of Chinese grievances when it comes to Australia. When it comes to Australia, China is not even pretending that … ( read original…
Co-branding can help Chinese brands capture global markets
China’s transition from a producer of low-cost … Yet domestic spending on Chinese brands, a key indicator of modernization, remains a concern. While this should pick up in time, it is an area … (…
Ant Alumni Who Cashed Out Before IPO Flop Have Big Ambitions
Source: Bloomberg And yet, as the slap-down of the Ant IPO illustrates, an age-old test hasn’t gone away: reading the Beijing tea leaves. Even as the world’s second-largest economy opens its markets … ( read…
Bitcoin, Blockchain Entrepreneur Malcolm CasSelle Passes
CasSelle, who led several blockchain-based projects and invested in multiple Bitcoin ventures, has passed away at age 50. ( read original story …)
Bitcoin, Blockchain Entrepreneur Malcolm CasSelle Dies At 50
Malcolm CaSelle, a pioneering blockchain technology and Bitcoin entrepreneur, has died at age 50, according to a social media post from friend and colleague E. David Ellington. “My younger brother, … ( read original story…
Bitcoin’s Rally Could Be Caused by a Supply Crunch in China
Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges. ( read original story …)
Investor: Ant Group Could Still Have Record IPO, Despite Setbacks
Ant Group’s expected initial public offering of stock was scuttled, but the internet giant still has fans rooting for an IPO, which would be the world’s largest. ( read original story …)
China And Facebook Perfect Storm May Have Created Wall Street’s Worst Nightmare
The race toward bitcoin and cryptocurrency-inspired digital currencies, kick-started by Facebook and China, is moving up a gear—and Wall Street’s biggest banks are beginning to feel … ( read original story …)
Global Luxury Sales Are on Track for a Record Decline in 2020. But Business Is Booming in China.
The personal luxury goods market, which includes clothes and jewelry, is expected to contract this year for the first time since 2009. ( read original story …)