According to new research, funds raised by companies listed in London fell by more than 90% this year. According to analysts, the market has cooled as a result of weak economic growth forecasts, rising interest rates, and concerns about the… Read More ›
Japan’s November wholesale prices rose 9.3% year on year, according to data released on Monday, a rate of increase that was nearly unchanged from the previous month and suggested an inflation peak amid easing global commodity prices. It was the… Read More ›
The easing of stringent “zero-COVID” measures has been welcomed by China’s weary public and businesses, but Jorry Fan, who lives in the eastern city of Suzhou, said it has prompted her to cancel any plans to dine out for several… Read More ›
This year, more Southeast Asian tech startups laid off workers as macroeconomic headwinds widened losses and venture capitalists pushed startups to extend their runways. Carousell, the online marketplace, announced last week that it was laying off 10% of its workforce,… Read More ›
The United States Securities and Exchange Commission issued new guidance on Thursday requiring companies that issue securities to disclose to investors their exposure and risk to the cryptocurrency market. The forecast comes less than a month after FTX, one of… Read More ›
According to the International Energy Agency (IEA), energy produced from renewable sources will overtake energy prepared from coal and will become the world’s largest source of electricity generation by the middle of this decade. The International Energy Agency’s Renewables 2022… Read More ›
According to Standard Chartered, Bitcoin can fall to $5,000 in 2023 in a surprise for the market that investors are under-pricing the virtual currency. If that level is reached, it will represent a roughly 70% drop from Monday’s price of slightly… Read More ›
According to a private-sector business survey, COVID containment measures weighed on demand and operations in China, resulting in the country’s services activity dropping to six-month lows in November. The data further points to a further slowing of economic growth. The… Read More ›
The EU needs to confront “distortions” caused by a $430 billion US plan to incentivize climate-friendly technologies, according to the bloc’s chief. Some EU members have criticized the US Inflation Reduction Act (IRA), raising concerns about the possibility of a trade… Read More ›
The United States and its Asian allies have sanctioned three North Korean senior officials linked to the country’s recent missile tests. This year, Pyongyang launched a record number of ballistic missiles – over 60 – and tested several intercontinental ballistic… Read More ›
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