“when we boil it down to market fundamentals, we can see that cryptocurrency has survived worse than the fall of FTX. There’s no reason to think the industry can’t bounce back from this, stronger than…
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Moody’s Analytics says China’s growth will be less than 3% this year
Steve Cochrane of Moody’s Analytics says China’s fourth quarter is “not going to be strong at all.” Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get…
Asia crude shipments for November hit all-time high led by imports from China
SINGAPORE – November crude imports into Asia are expected to be at an all time high supported primarily by demand from the region’s biggest consumers China and South Korea. Read more at straitstimes.
Early Crypto Investor Bo Shen Says He Lost $42 Million in Wallet Hack
Bo Shen, the general partner at Fenbushi Capital, said he lost about $42 million through a hack of his personal digital wallet.
China eyes better trade ties with US, LatAm
China said it hopes the United States will join its efforts to promote the early return of bilateral economic and trade cooperation to a normal and healthy development track, Shu Jueting, spokeswoman …
Crypto winter highlights gold’s warming qualities
The crypto winter is bitterly cold. The frost set in earlier this year with the collapse of Terra, a digital token supposedly pegged to the U.S. dollar. The recent failure of Sam Bankman-Fried’s FTX …
Profit Grows, Retail Network Shrinks At China Billionaire’s Down Jacket Brand Bosideng
Bosideng International Holdings, the top China down jacket maker led by billionaire Gao Dekang, said on Thursday sales and profit gained in the six months to September amid growth in online sales and …
China Down Jacket Leader Bosideng’s Profit Grows, Retail Network Shrinks
Net profit gained 15% to 734.3 million yuan. Bosideng’s retail chain shrank by a net 139 locations to 3,670 from March. Its own self-operated retail stores decreased by 163 to 1,563, while retail …
4 Hong Kong brands making it big overseas: how Casetify, Edison Chen’s Clot, Lane Eight sneakers and Unspun jeans are going global
Edison Chen’s streetwear label Clot, part of his Juice retail platform, has collaborated with Nike, Rimowa and Sacai and has outlets in China, LA and Honolulu Casetify is another successful brand many …
China’s imports of IC-making equipment from Dutch doubled in October
According to official data, China’s overall imports of equipment for semiconductor manufacturing declined by nearly 30%, while IC-making equipment’s growth remains flat.
China COVID woes, Fed minutes hit dollar, CZ’s crypto fund – what’s moving markets
It’s Thanksgiving, and U.S. stock markets are closed for a well-deserved rest. The rest of the world is giving thanks for a set of Fed minutes that strengthened the ‘dovish pivot’ narrative, squashing …
China’s plan to expand the TRIPS waiver threatens U.S. national security
Last June, members of the World Trade Organization (WTO) agreed to suspend intellectual property (IP) rights on COVID-19 vaccines.
China’s NEV exports rise on supply chain strengths, policy incentives
For the vehicle manufacturer, the new rail-sea export route is an upgrade on the roll-on/roll-off ships often used for China’s NEV exports, and is aimed at improving efficiency and further stabilizing …
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