U.S. stocks are hanging near their records on Tuesday as Wall Street takes Donald Trump’slatest talk about tariffs in stride, even if they could roil the global economy were they to take effect. The S ... ( read original story ...)
Chinese startups suffer as IPO freeze prompts investors to exercise redemption rights
Chinese startups are increasingly struggling with demands from early-stage venture capitalists to return their investment or face lawsuits, after failing to provide an exit via a market listing within ... ( read original story ...)
Stock market today: Asian shares mostly gain after Trump picks billionaire for Treasury post
Shares climbed in Asia on Monday, tracking last week’s gains on Wall Street, and analysts said investors were viewing President-elect Donald Trump’s choice of billionaire investor Scott Bessent as his ... ( read original story ...)
Analysis-Chinese Startups Suffer as IPO Freeze Prompts Investors to Exercise Redemption Rights
In August last year, Zibo Tianheng New Nanomaterials Technology said failure to conduct an IPO by the end of 2023 could trigger redemption requests from investors Luxin Capital and Zibo Hightech ... ( read original story ...)
Shanghai court confirms legal recognition of crypto ownership
Regulatory measures aim to balance personal rights with financial stability. A Shanghai court has confirmed that owning digital assets, including Bitcoin, is legal under Chinese law. Judge Sun Jie of ... ( read original story ...)
Over 240 UK businesses hold key investments in Bangladesh: HSBC
DHAKA, Nov 21, 2024 (BSS) - The Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh has informed that more than 240 UK businesses hold key investments in Bangladesh ranging from ... ( read original story ...)
Citigroup CEO Fraser meets Chinese vice-premier, Shanghai mayor as Beijing touts reforms
Fraser said the Wall Street bank will ‘further its participation in the market to help promote US-China economic ties and trade’. ( read original story ...)