Years of harrowing losses have left Chinese stocks with a diminished standing in global portfolios, a trend that’s likely to accelerate as some of the world’s biggest funds distance themselves from …
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Regulators Approve New Type of Bitcoin Fund, in Boon for Crypto Industry
The Securities and Exchange Commission authorized financial firms to offer a Bitcoin investment product that some hope will accelerate adoption of the technology.
FTSE 100 Live: SEC approves Bitcoin-spot ETFs; China property risks ‘crystalising’ warns BoE deputy
CMC Markets expects London’s FTSE 100 index to open 18 points lower at 7666, having closed down by 10 points last night. On futures markets, the price of Brent Crude has edged up to $78…
Lazada layoffs suggest spinoff, IPO of Alibaba unit might not be on the horizon
NEWS on Jan 3 about layoffs ripping through Lazada may have come as a shock to many observers. But to some industry watchers, the cost-cutting measures might be a case of too little, too late.…
China agrees to slash ‘exorbitant’ import tariffs on SA’s unique rooibos
S ome good news this week for the rooibos industry – China has agreed to slash its tariffs on imports of the uniquely South African product by more than half. Previous tariffs ran …
Chinese AI firm iFlyTek’s healthcare unit plans Hong Kong IPO, sparking hopes that spin-offs fuel a turnaround in slumping listings market
Chinese artificial intelligence company iFlyTek said it plans to spin off its healthcare services subsidiary, iFlyHealth, with a listing in Hong Kong.
Mexico Overtakes China as Top U.S. Exporter – First Time in 17 Years
China’s U.S. import share fell sharply in 2022, supplanted by Mexico and others, amid diversifying global supply chains.
China’s Cars: Irish drivers turning to Chinese brands
But while Irish drivers tend to favour European, Japanese and Korean brands, some are starting to have their heads turned by what China has to offer. Is the Chinese car industry big? Yes, it’s massive…
China’s exports seen improving in December as global trade picks up
China’s exports likely grew more quickly and for a second month in December, a Reuters poll showed, adding to signs global trade is starting to recover thanks to an upturn in the electronics industry …
China’s exports seen improving in December as global trade picks up: Reuters poll
China’s exports likely grew more quickly and for a second month in December, a Reuters poll showed, adding to signs global trade is starting to recover thanks to an upturn in the electronics industry …
China’s Meituan lost $82 billion in market cap amid rising competition, slowdown in food delivery business
Stiff competition and management warning of a slowdown have wiped $82 billion off Meituan’s market cap in 2023.
China’s Export Controls Might Trigger a U.S. Graphite Boom
In the name of “national security”, Beijing has imposed new exports controls on graphite, restricting one of the most critical battery metals to Western markets as China attempts to dominate the …
CORRECTED-WRAPUP 1-China’s exports grow for first time in 7 months in relief for factories
Imports fell 0.6%, dashing forecasts for a 3.3% increase and swinging from a 3.0% jump last month. “The improvement in exports is broadly in line with market expectations… sequential growth in China …