U.S. initial public offerings in 2023 recovered moderately from 2022, but remained muted as the market was constrained by rate hikes, bank failures, and geopolitical turmoil. Some 107 IPOs launched …
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Countries around the world are passing crypto laws — but the U.S. is the top cop out there
In a year that saw crypto giant Binance hit with a $4 billion settlement and high-profile SEC lawsuits, regulators overseas have been busy pursuing new laws.
Best of 2023: Chinese investors scrambling to sell overseas properties tops most-read China economy stories
A report on Chinese investors unloading their overseas properties amid shaky economic conditions garnered the most views China’s dwindling exports, durian, shipping and canals, the US-China tech war …
Move Over Japan, China Poised To Be World’s Top Car Exporter
China is close to overtaking Japan for selling cars outside its borders thanks to strong sales in Russia and Mexico …
Trends From China’s Domestic Fragrance Disruptors For 2024
Young and agile, China’s domestic perfumers are better placed to tap the current cultural moment in a fragrance market on track to reach $3.1 billion by 2025.
China’s Li Auto expects to launch first fully electric EV in March
China’s Li Auto Inc said on Sunday it expects to launch and begin deliveries of its first fully electric car in March. Li Auto has already started taking pre-orders in China for its MEGA multi-purpose…
From China to OPEC+, here are the biggest wildcards that could jolt oil markets in 2024
Heading into 2024, the biggest wildcards include demand from China and cohesion within OPEC+. US oil production isn’t expected to soar next year like it did in 2023.
A changing China: Looking ahead to commodities in 2024
Coming into 2023, commodities were set for what looked like a bumper 12 months. After two years of volatility, traders were optimistic China’s recovery would drive demand, and as a result prices, …
Tesla Rival BYD Set To Seize Electric Vehicle Crown; China’s Li Auto, Nio, XPeng On Tap Too
China EV makers Li Auto, Nio and XPeng will report deliveries on Jan. 1. BYD should overtake Tesla in fully electric vehicles as of Q4.
Chinese fintech giant Ant Group gets approval for no-controller status, ending Jack Ma’s reign before seeking IPO
The People’s Bank of China announced on Saturday that Alipay.com Co has no controller, paving the way for owner Ant Group’s IPO.
Tech war: China’s semiconductor industry weathers tough year amid tighter US sanctions
China’s chip makers weathered a tough year that saw an escalation of US sanctions targeting chip making tools and AI processors, although a breakthrough by Huawei lifted industry spirits.
China’s factory PMI stays below 50 mark for 3 months
A key measure of manufacturing activity in China has dropped below the 50-point boom-or-bust line for three consecutive months.
Iran exports goods worth $10.3b to China in 9 months
TEHRAN- Iran exported commodities valued at $10.3 billion to China during the first nine months of the current Iranian calendar year (March 21-Decemebr 21), the head of the Islamic Republic of Iran Customs Administration (IRICA)…
