The South China Morning Post will spin off an independent venture to turn historical art, photographs and content into tradeable non-fungible tokens (NFTs) The new venture will be headed by Gary Liu, …
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China lockdowns may delay orders from platforms like Amazon
Orders placed with global e-commerce platforms like Amazon and Walmart may be delayed by virus lockdowns and restrictions in some of China’s key manufacturing hubs, according to an industry body.
China Copper Giant Xiangguang’s Creditors Stop Loan Renewals
Creditors to Yanggu Xiangguang Copper Co., one of China’s biggest copper smelters, have stopped providing more loans over concerns about its ability to repay, according to people familiar with the …
Crypto Startup Founded by Ex-Meta Employees Raises $200 Million
Aptos Inc. is the latest crypto effort to spring from the dashed dreams of Diem, the abandoned digital currency project of Meta Platforms Inc. Founded just four months ago, Aptos on Tuesday said it …
Column: China’s COVID struggles bring demand destruction back to crude oil debate: Russell
The crude oil market has spent recent weeks worrying about the impact on supply from Russia’s invasion of Ukraine, but China’s ongoing battle to contain the coronavirus pandemic is highlighting the …
Kazakhstan Confiscates Almost $200 Million in Crypto Mining Equipment
Kazakhstan’s Financial Monitoring Agency claimed that it confiscated crypto mining equipment valued at nearly $200 million, as the former Soviet republic tightens its …
Crypto is playing a prominent role in the Ukraine War — on both sides of the conflict
Amid Russia’s invasion of Ukraine, two divergent narratives about crypto are being told, writes Alex Tapscott. Which version is correct?
Daily Crunch: Former Metamates go from zero to unicorn with $200M crypto investment led by a16z
A nonprofit focused on “increasing diversity within venture capital deals and decision-makers” per our reporting, All Raise now has a new boss. Mandela Schumacher-Hodge Dixon comes into the role after …
Ex-Kazakh president’s brother busted for illegal crypto mining
Former Kazakhstan president Nursultan Nazarbayev’s brother Bolat Nazarbayev was among 106 illegal cryptocurrency miners to halt operations in the government’s latest round of inspections, the …
How Shanghai’s White Rabbit candy became a globally beloved brand
Since its birth in 1943 China, milky White Rabbit candy has become popular around the globe and inspired ice cream flavors, clothing and an art exhibit.
Asian shares up ahead of Fed meeting as China rebounds
Asian share markets rose on Wednesday on a rebound in battered Chinese stocks and ahead of a closely watched meeting of the U.S. Federal Reserve, while oil prices remained volatile as investors’ …
In blow to Biden, Saudi Arabia considers helping China unseat US dollar as world’s reserve currency
Saudi Arabia has conducted all of its oil sales in U.S. dollars. That might be about to change, and President Joe Biden’s snubbing of Arab leaders might be the cause.
US bans import of all China’s Li-Ning products, citing use of North Korean labor
The U.S. customs agency has banned all goods made by the Chinese sportswear giant Li-Ning, accusing the company of using North Korean labor in its supply chain, a violation of U.S. sanctions. It is …
