Chinese online tutoring platform Zuoyebang is considering a U.S. initial public offering that could raise at least $500 million, according to people familiar with the matter. The education startup is …
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“Vaccine diplomacy” fuels rising US-China tensions
Amid rising geopolitical tensions between the US and China, vaccine diplomacy has become an auxiliary to foreign policy.
Solana Bucked Bitcoin Sell-Off, as Upstart Blockchain Challenges Ethereum on Speed, Fees
Solana’s SOL tokens have jumped 17-fold in price this year, for a market capitalization of more than $8 billion.
College Foreign Cash at Risk as Senate Targets China’s Clout
A broad attempt by Congress to stem China’s influence could put at risk research collaborations and funding that U.S. universities count on by subjecting some foreign gifts and contracts to national …
China-Australia relations: traders eye spirits to ‘survive’ crippling disruptions in wine industry
With China having imposed anti-dumping duties of up to 218.4 per cent on Australian wine, some exporters are being forced to diversify away from the once-lucrative industry.
Another Tiny IPO Pops With 181% Jump by China’s Infobird
Infobird Co. Ltd. rose as much as 181% on Tuesday after raising $25 million in its initial public offering at a fixed price of $4 per share. Shares in the China-based customer engagement software …
How PayPal Plans To Find Ground In China’s Payments Market Dominated By Alibaba, WeChat Parent Tencent
PayPal Holdings Inc (NASDAQ: PYPL) is planning to launch a local wallet in China that will focus on cross-border payments, CNBC reported on Monday citing Hannah Qiu, the China CEO for PayPal. What …
China starts large-scale testing of its internet of the future
Experimental network connects 40 leading universities to prepare for an AI-driven society five to 10 years down the track.
Oatly’s IPO health depends heavily on China
Oatly is soaking itself in China in more ways than one. The Swedish company that makes milk out of porridge oats on Monday filed for an initial public offering in the United States. Prospective …
Bitcoin price: Did a power cut in China cause crypto collapse?
“Several factors exacerbated liquidations of leveraged long positions and lower hash rate due to a power outage in China led to a 15 per cent correction.” Crypto expert Simon Peters, who works as a …
Tesla Knocks Keep Coming as China Chides Over Vehicle Safety
Tesla on Monday had an embarrassing moment at the big Shanghai Auto Show when an angry protester climbed on top of one of its display vehicles shouting that her car’s brakes had lost control. The…
Shanghai exchange hints at sale of global depositary receipts by Chinese companies in Switzerland amid fraying US-China ties
A plan to allow the listing of global depositary receipts by companies on the Shanghai and Swiss exchanges would represent the local bourse’s third cross-border connection, after a linkage with Hong …
China vows ‘bigger contribution’ in helping poor countries, with an emphasis on profitable infrastructure projects
China has deferred debt repayments worth US$1.3 billion for 23 countries as part of the Group of 20’s Debt Service Suspension Initiative, but Beijing officials are still pushing back against foreign …
