The vast majority of U.S. companies are not embracing the idea of decoupling from China. How are these multinational firms (MNCs) and the global supply chains that link them to China adjusting to the …
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The Crypto Battle Is Shifting to the House. The Markets Aren’t Worried.
Crypto prices were holding up after the Senate passed an infrastructure bill that included language the crypto industry had opposed.
SoftBank goes softly-softly on China
So, it’s significant that its founder Masayoshi Son has announced SoftBank will cut its investment in Chinese start-ups until the extent of Beijing’s scrutiny of the tech sector becomes clear. In …
China Internet Rallies As Mainland Investors Buy Overnight
Asian equities were mixed, but mostly higher overnight as Mainland China continues to lead Asian index gains this week.
Merck, Novo, Sanofi and more pull off China growth thanks to price maneuvering. But anxiety grows over outlook for biologics
As innovative products ginned up sales growth for Big Pharma in China, companies have also found themselves playing defense for their mature brands against cheap generics. Meanwhile, a continually …
Bitcoin price: Could Bitcoin reach $50,000? Here’s the latest crypto market news and prices for Bitcoin, Ethereum and Dogecoin
Bitcoin prices have surged above $40,000 and towards a new threshold of $50k after fears over an amendment to proposed US legislation hitting crypto traders and miners dwindled.
Crypto Regulator Says Easing of Restrictions in Japan Must Wait
Japan needs more convincing of the merits for making cryptocurrency investing easier for its population, according to the country’s top regulator. While Financial Services Agency Commissioner Junichi …
Shanghai IPO: China Telecom eyes $8.4B
China Telecom could raise more than $8 billion in a Shanghai initial public offering (IPO) that would be the biggest this year, months after it was delisted in the US amid Washington’s stand-off with …
China-US trade war: American retailers claim tariffs on Chinese goods hurt business during pandemic
United States retailer associations have argued that US tariffs on Chinese products are hurting business, in the latest call on President Joe Biden’s administration by domestic business groups to …
Xiaomi clarifies that the crypto-accepting Mi Store in Portugal is a third-party store
A couple of days back, we brought you a report that Xiaomi‘s Mi Store in Portugal was now accepting payments using cryptocurrency including Bitcoin, Ethereum, Tether, and even Dash for the purchase of …
Beijing’s tech crackdown casts long shadow over South Korea’s biggest IPO in a decade
Battlegrounds creator’s disappointing launch has come after Chinese state media’s latest broadside against video gaming and market leader Tencent.
PUBG Maker Krafton Tumbles After Raising $3.8 Billion in IPO
Shares of Krafton fell as much as 20% before trading at 13.5% lower at 10:48 a.m. in Seoul, giving it a market valuation of around 21.1 trillion won ($18.4 billion). The Tencent Holdings Ltd.-backed …
Tencent makes more NFT and blockchain moves: Blockheads
Tencent Music to release “digital collections” built with non-fungible token (NFT) technology. The Chinese province of Guizhou reveals ambitious plans to turn freed-up crypto minng electricity into EV …
