China’s state planner is reported to have held talks over the lifting of a 2020 ban on Australian thermal and coking coal, resulting in increased inquiries from Chinese buyers amid a thawing of …
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Crypto exchange Huobi to cut 20% of its staff as ‘bear market’ strikes
Crypto exchange Huobi Global has revealed plans to cut hundreds of jobs amounting to about a fifth of its workforce in the wake of last year’s implosion of competitor FTX. Huobi, which is one of…
New year, new crypto ‘shake out’
This week, we’re taking a look at whether crypto turned over a new leaf after a grim 2022. Spoiler alert: it did not. Some of the crypto industry’s biggest names have been embroiled in clashes…
Cancer Drug Supplier’s IPO Mints China’s Latest Billionaire
Today’s listing at the Shanghai Stock Exchange by Sichuan Biokin Pharmaceutical, a supplier of cancer drugs, has minted China’s latest billionaire. © Provided by Forbes A ped …
China, Philipines usher in “new golden era” in relations
Provided that each farmer plants 100 durian trees in an area of 1 hectare, the new deal is expected to increase their annual income by US$2,800, making China the largest export destination for the …
Crypto exchange Huobi latest firm to slash staff: Reuters
Seychelles-based crypto exchange company Huobi plans to lay off about 20% of its staff, according to a Friday report from Reuters.
Thought last year was bad for crypto? From FTX to Silvergate, the red flags are flying for the year ahead.
Insider’s Phil Rosen breaks down developments with Silvergate Capital and other crypto-friendly banks feeling the pain from FTX’s fallout.
Why Alibaba Stock Is Surging
Alibaba (NYSE:BABA) has been a battleground stock for years. While shares are still down over the last twelve months, Alibaba has now surged by an …
China economy: Beijing looks to Comcast to aid post-Covid recovery, while Shanghai officials meet beauty giant Estée Lauder
As China reopens, regional economies are accelerating efforts to attract foreign investment by meeting with multinational companies or sending business delegations overseas.
Tesla cuts prices in China for the second time in three months as demand slows
Tesla has slashed car prices in China for the second time in less than three months, in an effort to boost sales amidst slowing demand in the world’s largest car market.
How to Win Friends and Choke China’s Chip Supply
On Oct. 7, the Biden administration took a risky gamble, introducing a sweeping set of new export controls that will reach deep into China’s advanced …
The U.S. Keeps Offering China Its COVID Vaccines. China Keeps Saying No
China has rebuffed repeated U.S. offers to share advanced vaccines as Beijing battles a fast-spreading wave of COVID-19 …
Exclusive: China Energy places order to import Australian coal, sources say
China Energy Investment Corp has placed an order to import Australian coal, three sources familiar with the matter said on Friday, in one of the first deals since Beijing eased an unofficial ban …
