On Wednesday, PayPal co-founder and venture capitalist, Peter Thiel warned that the Chinese government may be using Bitcoin as a “financial weapon” to undermine the stability of the U.S. Dollar. ( read original story ...)
Shanghai Finds USD518 Million in Business, Consumer Loans Misused on Real Estate
A total of 123 business and consumer loans worth CNY339 million (USD518 million) were found to have been misappropriated for use in Shanghai’s property market, the China Banking and Insurance ... ( read original story ...)
Shanghai looking to become international hub for medical industry
Shanghai-based CARsgen Therapeutics settled within the harbor ... have been fostering industry growth. Financial support is also accessible. The industrial park in Fengxian district, for instance, has ... ( read original story ...)
Share Market LIVE: Sensex, Nifty may open in green; Macrotech Developers IPO subscribed 26% on day one
Hang Seng was up in green while Shanghai Composite and TOPIX slipped. The IPO of Macrotech Developers Limited was subscribed 26% on the first day of the bidding process. So far Retail investors have ... ( read original story ...)
China yuan weakens on softer c.bank fixing
China's yuan edged lower against the U.S. dollar on Thursday on a weaker central bank fixing, but remained near a multi-year high against a basket of other currencies. SHANGHAI, April 8 (Reuters) - ... ( read original story ...)
TuSimple seeks to raise up to $1.5B in IPO stock sale
The first autonomous trucking software company to go public, TuSimple seeks up to $1.5 billion in stock sales. ( read original story ...)
Skadden makes up three partners in London and one in Shanghai as part of 17-strong round
Skadden has promoted a trio of lawyers to partner in its London office as part of a 17-strong global round, marking a renewed focus on organic growth in the City, with promotions up by two from the ... ( read original story ...)