This came after the Reserve Bank of India (RBI) on Friday directed Paytm Payments Bank Ltd to stop onboarding new customers with immediate effect, due to certain “material supervisory concerns.” …
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Indonesian Tech Giant GoTo Eyes $1.25 Billion IPO At $29 Billion Valuation
GoTo Group is moving ahead with its much-anticipated initial public offering that could see it raise roughly 18 trillion rupiah ($1.25 billion), according to a prospectus filing released on Tuesday.
Shanghai Police Bust $16M Crypto Pyramid Scheme
The scheme was Shanghai’s first cracked case of an online pyramid scheme using cryptocurrencies, according to the police.
UK hits Russian imports with new tariffs and bans luxury exports – business live
Rolling coverage of the latest economic and financial news. Brent crude falls below $100 11:55 Brent crude has fallen back below the $100 per barrel mark for the first time since the …
Putin’s invasion of Ukraine has lit a fire under China to wall off its economy from the US
Xi Jinping has a grand plan to turn China into the world’s dominant superpower. Now US sanctions on Russia are spurring him to speed up his strategy.
China tightens COVID-19 controls, raising risk of trade disruption
Chinese authorities on Tuesday tightened anti-virus controls at ports, raising the risk of trade disruptions after some auto and electronics factories shut down as the government fights coronavirus …
Daily Infographic: Just how extreme is China’s lead in the container port business?
AskWaves looks at the rankings of the world’s top container ports …
China’s woes could reduce demand for Australian iron ore and other commodity exports
China’s widening virus lockdowns are emerging as a new economic threat alongside rising inflation amid concerns they could reduce demand for Australian iron ore and other commodity exports.
Shares in China fall amid strongest COVID-19 lockdown yet
The entire Chinese province of Jilin is under lockdown, as well as Langfang, in Beijing’s northern Hebei province and Shenzhen and Dongguan cities, in China’s south.
Oil tumbles 6% on hopes for Russia-Ukraine negotiations and as lockdowns in China threaten to hurt demand
Russia-Ukraine talks have brightened the prospect of a ceasefire agreement and could pave the way for a deeper pullback in oil, an analyst said.
China’s COVID curbs set to tighten global supply chain pinch
“at-above-post addthis_tool” data-url=” Brenda Goh and Josh Horwitz SHANGHAI (Reuters) -Manufacturers of everything from flash drives to glass for Apple iPhone screens are warning of shipment delays …
Chinese automaker exports over 1,100 pickups to Mexico
Chinese carmaker Anhui Jianghuai Automobile Group Corp Ltd has won orders to export 1,128 pickup trucks to Mexico. The first consignment was shipped in early March from the company’s factory in …
Ferrari Races Into Luxury Fashion. Will China Buy?
Ferrari is racing into luxury fashion with a new Fall 2022 collection. But what roadblocks are ahead for the Italian carmaker in China and beyond?
