China’s second batch of crude import quota allocations has created uncertainty over the total volume that qualified independent refineries will be allowed to import for the full calendar year 2021, …
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Funds from planned Syngenta IPO may spur farm tech
Syngenta Group Co Ltd, the Swiss seeds, crop protection and nutrition product manufacturer, will be able to use proceeds from its planned IPO on the STAR Market of the Shanghai Stock Exchange to …
Bitcoin tumbles below $30,000 on China crypto-crackdown
The cryptocurrency slides to its lowest value for five months after China tells banks to stop supporting transactions.
Why bitcoin briefly crashed under $30,000 after China’s crypto crackdown: CNBC After Hours
Bitcoin’s brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter. It doesn’t help that cryptocurrencies like dogecoin, XRP and others saw sharp drops …
SoftBank-backed Dingdong targets over $6 bln valuation in U.S. IPO
Chinese unicorn Dingdong, backed by SoftBank Vision Fund II, is aiming for a more than $6 billion valuation in its New York debut as the grocery app joins Asian tech startups seeking to tap into…
Here’s why China’s crackdown on crypto mining could be good for bitcoin
Bitcoin continued its volatile streak on Tuesday, starting the day with a tumble below the key $30,000 level and then a rally completely back into positive territory. It briefly turned negative for …
China’s Full Truck Climbs in Debut After $1.6 Billion IPO
Full Truck Alliance Co., an Uber-like trucking startup, rose 13% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.The …
China’s Dingdong Targets Over $6 Billion Valuation in U.S. IPO
Chinese grocery app Dingdong said on Tuesday it was aiming for a valuation of over $6 billion in its initial public offering in the United States. (Reporting by Niket Nishant in Bengaluru; Editing by …
Amazon bans 3 more Chinese brands amid crackdown
Amid e-commerce giant Amazon ongoing crackdown on attempts by sellers to solicit positive consumer reviews three more Chinese consumer brands have been banne …
Engineering exports in May up; shipments to China fall
“The US topped as India’s export destination for engineering goods. Shipments to the country jumped 56 per cent to USD 1,022 million in May compared to USD 655.37 million in the corresponding month …
Venture capital firm Blockchain Capital raises $300 mln from PayPal, Visa
Blockchain Capital, a cryptocurrency- and blockchain-focused venture capital firm, raised $300 million in funding for its Fund V from investors including PayPal Holdings Inc (PYPL.O) and Visa Inc (V.N …
China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO
Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese …
China’s Full Truck Alliance Revs Up in Market Debut
Full Truck Alliance switched into high gear Tuesday as the Chinese trucking startup raised $1.6 billion in its IPO and rose in its first day of trading. Stocks Rise as Powell Testifies and Bitcoin …
