That’s due to Ethereum’s latest upgrade, dubbed Shanghai, which unlocks close to 18 million so-called “staked ETH” from the blockchain—about 15% of all that’s in circulation. The giant token unlock ... ( read original story ...)
Wall Street Cues, Central Bank Outlooks, Beijing Stimulus Measures Lift Asian Stock Markets
Asian stock markets generally gained Monday on Wall Street cues, and possibilities for relative easing by major global central banks, including the US Federal Reserve and the European Central Bank. ( read original story ...)
BPI signs $300-M loan facility with banking consortium
MANILA -The Ayala Group’s Bank of the Islands (BPI) sealed a $300-million (P16.4 billion) debt deal with a consortium of 21 lenders as it further strengthens its balance sheet. In a ... ( read original story ...)
Shanghai to improve access to innovative medical treatments
Since 2019, 19 innovative drugs by biopharmaceutical companies based in Shanghai - about one-fourth of the national total - have been approved. Meanwhile, 26 innovative medical devices, including a ... ( read original story ...)
New restaurant in Edison adds modern twist to Shanghai street food
Ugly Dumpling, which pays homage to the centuries-old cooking techniques of Shanghai, announced Tuesday, Aug. 1, will be the grand opening of its Edison restaurant. ( read original story ...)
Number of foreign-invested companies in Shanghai grows
The number of new foreign-invested companies in Shanghai grew 63.3 percent year-on-year to 2,541 during the first half of this year, the municipal bureau of statistics announced on Monday. ( read original story ...)
Shanghai launches virtual power plant to ensure electricity supply in summer
Shanghai's maximum electricity load is expected to reach 38 million kilowatts this summer. In addition to the usual supply measures, Shanghai Electric Power is using innovative zero-carbon power plant ... ( read original story ...)