China’s exports grew slightly more than expected in December, while imports rose less than expected, according to customs data released on Friday.
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World stocks mixed after China rate cuts, Japan export gain
Global stocks were mixed Thursday after China cut interest rates and President Joe Biden said “we’re not there yet” on lowering punitive tariffs on Chinese goods. London and Tokyo gained while …
AInnovation sees poor investor turnout on IPO
Artificial intelligence start-up Qingdao AInnovation Technology Group has priced its Hong Kong IPO at the floor of the marketed range, raising HK$1.18bn ($151.5m) in new capital, according to a source …
Crypto Price Crash: Bitcoin, Ethereum, BNB, Solana, Cardano And XRP Suddenly In Freefall
The bitcoin price has crashed 10% over the last 24 hours to around $38,000, a level not seen since the summer of …
Russia’s central bank calls for crypto crackdown
The move is the latest in a global cryptocurrency crackdown as governments from Asia to the United States worry that privately operated and highly volatile digital currencies could undermine their …
Sackler-Owned Mundipharma’s Sale of China Unit Said to Stall
The billionaire Sackler family’s plan to sell the China assets of its global pharmaceutical company Mundipharma International Ltd. for more than $1 billion has stalled over valuation, people familiar …
China Primary Aluminium Imports in December Dropped 36.98% YoY
According to the General Administration of Customs, China imported 82,265 mt of primary aluminium in December, down 64.13% month-on-month and down 36.98% year-on-year. India is still the largest …
POLL-Exports likely buoyed S.Korea GDP growth in Q4, braking China dims outlook
South Korea’s economy likely accelerated in the last quarter, buoyed by strong exports and investments, but an economic slowdown in China and surging COVID-19 cases pose a significant risk, a Reuters …
China 2022: Dealing with the new business environment
This is the second part in a two-part series. In the first part, we looked at how 2021 was a significant year in terms of the changing business environment for multinationals operating in China.
China is launching its own crypto-less NFT industry – A new state-backed blockchain?
China’s government banned cryptocurrencies, their trading and their mining out of fear to see its financial system destabilized. This choice has also been justified by the fact that the government cla …
As Central China New Life (HKG:9983) climbs 9.6% this past week, investors may now be noticing the company’s one-year earnings growth
Active investors aim to buy stocks that vastly outperform the market – but in the process, they risk under-performance. For example, the Central China New Life Limited (HKG:9983) share price is down …
Bank of Russia seeks to outlaw mining and trading of crypto
Russia’s central bank proposed a blanket ban on the use and creation of all cryptocurrencies within one of the world’s biggest crypto-mining nations, citing the dangers posed to the country’s …
Hunter Biden, former Biden aide invested in Chinese company tied to Communist Party, NBA China
Hunter Biden’s longtime business partner, Eric Schwerin, sent him an email in March 2017 breaking down the ownership interests of Rosemont Seneca Advisors, which included a 5% stake in Harves …
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