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 ...)
Elon Musk Promises 40-Minute Flights from NYC To Shanghai – Will Prices Make It Accessible To All?
For now, Musk's promise of a 40-minute trip from New York to Shanghai remains an exciting glimpse into the future. But whether these flights will ever be accessible to all – or remain a luxury for the ... ( read original story ...)
Shanghai judge says cryptocurrency is a commodity, legal to own
A judge in the People’s Court of Songjiang District in Shanghai, China, has released an article on the court’s WeChat account about the legality of issuing virtual currency in China. She was ... ( read original story ...)