Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld’s Second Tallest Tower Spurs Debate About Who Needs ItChicago Halts Hiring as Deficit Tops $1 Billion Through 2025UC Berkeley Gives Transfer Students a…
Tagged By business
Ctrl-Alt-Yield: Startup IPOs make a scorching comeback. But there’s a catch
Ten new age companies have made their stock market debuts in 2024 so far, including Go Digit, Awfis and Ola Electric. Their shares have maintained momentum post listing as well. But investors must …
American fast-food giants are going big on a China wager, betting they can get the country’s new middle class to love them back
“Sales are declining in Tier One and Tier Two cities because the market is too saturated,” Shaun Rein, founder of consultancy China Market Research Group, told Business Insider. “But there’s huge growth potential in the…
Indian foreign minister Jaishankar says “not closed to business from China”
India is not “closed to business from China”, but the issue is in which sectors the country does business with Beijing and on what terms, foreign minister Subrahmanyam Jaishankar said in Berlin on …
XCHG prices $20.7M U.S. IPO
XCHG Limited (NASDAQ:XCH) has priced an initial public offering of about 3.33M American Depositary Shares (ADSs) to raise US$20.7M. Each ADS represents 40 Class A ordinary shares, par value $0.00001 …
Bitcoin miners got kicked out of China. Now they’re sucking America dry.
Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive amounts of American energy.
China’s Huawei Shows the World Its $2,800 ‘Trifold’ Phone
The Huawei phone, called the Mate 60 Pro, was heralded in China as the triumph of a national champion over American constraints. It sold out within minutes on Chinese e-commerce platforms. Many …
China’s exports up solidly but slowing imports dim trade outlook
China’s exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from a growing number of trade partners, while …
People in China still aren’t buying enough stuff — so exporters are slashing prices to push more overseas sales
China reported exports rose 8.7% in August from a year ago to nearly $309 billion but imports edged up by just 0.5% over the same period.
China’s Huawei Hopes to Keep Its Momentum With a ‘Trifold’ Phone
The Huawei phone, called the Mate 60 Pro, was heralded in China as the triumph of a national champion over American constraints. It sold out within minutes on Chinese e-commerce platforms. Many …
China’s August exports grow a robust 8.7%, beating forecasts while imports soften
Exports in August expanded by 8.7% to $308.65 billion compared to the same period last year, according to data released by China’s customs office Tuesday, beating economists’ estimates of about 6.5%. The export figures for…
China’s exports top forecasts, imports disappoint amid depressed domestic demand
China’s exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from a growing number of trade partners, while …
IPO-bound Ather Energy’s cost of imports from China went up to 28% in FY24
Electric two-wheeler maker Ather Energy’s cost of imports from China went up 28 percent, or around Rs 442 crore, in the financial year 2023-24 even as it sourced the remaining 72 percent of the …
