Chinese developers' debt-fuelled construction boom enriched the country's shadow banks, who were eager to capitalise on the needs of an industry desperate for credit and too risky for traditional ... ( read original story ...)
Bentley’s China orders slowed by shutdowns; company has no IPO plans
Volkswagen’s Bentley expects a slight drop in production in 2023 as shutdowns in China have slowed orders, the British luxury carmaker’s chief executive said on Wednesday. While its customers are ... ( read original story ...)
Share Market News Live: Sensex, Nifty set to stage lower opening on weak global cues
Sensex and Nifty are expected to start on a lower note today amid weak cues from global markets. Asian stocks fell in early trade in early trade as Japan's Nikkei slipped 0.23 per cent, South Korea's ... ( read original story ...)
Stock market today: 10 things to know before opening bell on December 12
Wall Street | Dow Jones Industrial Average index ended 0.9 percent lower on Friday. S&P 500 and the tech-heavy Nasdaq witnessed 0.7 ... ( read original story ...)
New Year Holds Promise for China IPOs After a Record 2022 Haul
Chinese companies raised a record amount in initial public offerings at home this year, defying a global slump. And with the end of Covid Zero in sight, 2023 could be set for another strong showing. ( read original story ...)
China flash controller firm plans IPO
Yeestor Microelectronics, a China-based flash storage controller supplier, has applied to launch its IPO on the Sci-Tech Innovation Board (STAR) of the Shanghai Stock Exchange, according to market ... ( read original story ...)
Report: Tesla To Temporarily Suspend Model Y Production In Shanghai
According to Reuters, the pause will only be for the last week of December. Tesla might slow down or even temporarily suspend some of its production lines at the Giga Shanghai plant in China this ... ( read original story ...)