The offshore share offering plans of at least three prominent Chinese bubble tea makers have been postponed by the China Securities Regulatory Commission (CSRC), primarily due to disappointing market performance from peers in Hong Kong and declining consumer sentiment domestically…. Read More ›
China’s unexpected decision to keep its benchmark lending rates unchanged during the monthly fixing on Friday has left market analysts puzzled, particularly after the Federal Reserve’s recent 50-basis-point interest rate cut. This decision contradicts widespread expectations that China would adjust… Read More ›
China announced new sanctions on nine U.S. military-linked companies on Wednesday, escalating tensions with the United States over arms sales to Taiwan. The sanctions, which freeze the assets of the companies within China, come as part of Beijing’s ongoing efforts… Read More ›
As the U.S. presidential election draws nearer, the cryptocurrency industry is contemplating how political outcomes might shape the future of digital assets. However, many insiders suggest that the election’s impact on the global crypto market, particularly in places like Singapore,… Read More ›
India’s economic landscape is poised for significant transformation, driven by strategic investments and growth in key sectors. Despite a recent slowdown in GDP growth, the Reserve Bank of India (RBI) remains optimistic about the country’s economic future. According to RBI… Read More ›
The recent record penalty imposed on PwC’s China unit has not only sent shockwaves through the accounting industry but also highlighted the growing scrutiny facing the Big Four accounting firms globally. The fine of 441 million yuan ($62 million) and… Read More ›
Reckitt Benckiser, the global leader in condom manufacturing, is redefining its growth strategy in India by targeting a demographic often overlooked in its previous marketing campaigns: women and rural consumers. This strategic pivot comes in response to the evolving landscape… Read More ›
Indian antitrust authorities have uncovered significant violations of local competition laws by e-commerce giants Amazon and Walmart-owned Flipkart. A comprehensive investigation by the Competition Commission of India (CCI), detailed in two confidential reports, reveals how the companies misused their dominant… Read More ›
The European Union is moving towards a key vote on September 25 that could see the introduction of significant tariffs on electric vehicles (EVs) imported from China. According to Bloomberg News, the European Commission is planning to propose tariffs of… Read More ›
As the U.S. Federal Reserve approaches its September 17-18 meeting, anticipation is growing in global financial markets. Investors are increasingly betting that the Fed might deliver a larger-than-expected interest rate cut in an effort to counter a slowdown in the… Read More ›
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