Giant Biogene Holding, a China skincare products supplier that listed at the Hong Kong Stock Exchange on Nov. 4, has raised the equivalent of $10 million though the sale of 3.39 million over-allotment …
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Breakingviews: Protests leave China facing a terrible trilemma
Officials’ muddled response to spiking Covid cases has set off three consecutive days of demonstrations spanning cities and social classes. The government, having wasted two years prematurely …
Dharmaj Crop Guard IPO opens for subscription, GMP rises; should you apply for the issue?
Dharmaj Crop Guard IPO comprises a fresh issue of shares worth Rs 216 crore and a sale of 14.83 lakh shares by promoters.
Exports drop in Oct as global demand slows
Exports to China slumped 8.5% year on year. Imports also fell 2.1% in October from a year earlier, compared with a forecast 10% rise. Thailand recorded a trade deficit of US$596 million in October, …
Bitcoin Drops as Tremors From China Unrest Spook Global Markets
The nerves stoked by China come during a period of vulnerability for crypto markets, which are on edge over the contagion spreading from the fall of Sam Bankman-Fried’s FTX exchange and sister trading …
Bitcoin price tanks as covid protests erupt in China, pushing investors into risk-off mode
Bitcoin price slipped 3.3% in a fresh start to the week as covid protests erupt in China. As a result of this, investors have moved into a risk-off state, sending the US Dollar higher. Regardless,…
Xinhua Silk Road: Chinese liquor maker Wuliangye voted as most popular Chinese liquor brand among global consumers
Chinese renowned liquor producer Wuliangye has been voted as the most popular Chinese liquor brand in the Most-loved China’s Brands Amongst Global Consumers event, showed the results unveiled on …
Asian Shares Fall as China Protests, Lockdowns Cloud Outlook
China’s infection rate has been lower than in the United … Wall Street gets several big economic updates this week. The Conference Board business group will release its November report on consumer …
China stocks plummet, yuan drops on Covid protests
China’s blue-chip CSI 300 Index fell as much as 2.7% in early trade, on track for its worst day in a month. Hong Kong’s Hang Seng Index plunged as much as 4.2%.
India and China are still snapping up Russian oil — but they are demanding huge bargains which is hitting Kremlin’s war chest
Russia is losing about $4 billion a month as Urals crude oil trades at about 40% discount to international Brent crude oil prices, per Bloomberg.
There’s a 30% probability that China reopens earlier, says Goldman Sachs
Hui Shan of the investment bank says there’s a chance that China reopens before next year’s National People’s Congress “precisely because of the difficulty in keeping Covid under control.” …
Relaxation of China’s Covid measures is ‘the key’ to its growth rebound in 2023, economist says
Helen Qiao of BofA Securities says turmoil is still “very likely” in the near term, and it expects that the situation will get better only in the second half of 2023.
Canada Unveils New Asia-Pacific Strategy With Eye On China
Canada on Sunday unveiled its new economic and diplomatic strategy for the Asia-Pacific region, allocating 2.3 billion Canadian dollars (US$1.7 billion) over the next five years to the plan aimed at …
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