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Debt-laden developer Evergrande bonds halted on fears of cash crunch

The world's most indebted property group China Evergrande's bonds were halted on Friday following reports that it was seeking officials help to prevent a cash crunch.The Shanghai stock exchange te

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U.S. pork exports to China surge led by Brazil's JBS, China's WH Group

U.S. pork exports to China have surged beyond pre-trade war levels, led by higher shipments from Brazil's JBS SA and China's WH Group Ltd, according to Panjiva, the research unit of SP Global Mark

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JFrog and Snowflake’s aggressive IPO pricing point to strong demand for cloud shares

After raising their IPO price ranges, both JFrog and Snowflake priced above their refreshed intervals last night. At their final IPO prices, the two debuts are aggressively valued, showing continued

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HowGood launches Latis, a sustainability assessment tool for consumer product ingredients

The New York-based startup HowGood, which provides a sustainability database for consumer product ingredients, is publicly launching its product Latis and has already signed an initial customer with D

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China extends tariff exemptions for some U.S. imports by a year

China will extend tariff exemptions for imports of some U.S. products by a year, according to the Chinese Ministry of Finance on Tuesday.The import exemptions were scheduled to expire on September 16

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As direct listing looms, Palantir insiders are accelerating stock sales

According to Palantir’s latest S-1 amended filing published this morning, the company intends to start trading in two weeks on September 23 under the ticker PLTR.That gives us a bit of time to specula

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CIFTIS 2020: Autonomous vehicles shine at services fair

02:53 Autonomous vehicles are on full display at the ChinaInternational Fair for Trade in Services (CIFTIS). Analysts saythe rise of vehicle automation will reshape mobility by emphasi

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UK funds see record outflows on no-deal Brexit fears: Calastone

UK-focused equity funds saw record outflows of 1.2 billion pounds over the past three months as investors worry about a no-deal Brexit and the impact of the coronavirus pandemic, data from fund netwo

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China to exempt duty on imported exhibits at CIFTIS

China said on Friday import duty, import value-added tax and consumption tax will be exempted from exhibits that are within sales quotas during the exhibition period of the 2020 China International F

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SpaceX successfully launches 60 more of its Starlink high-speed broadband internet satellites

SpaceX has launched its latest batch of Starlink internet satellites, a full complement of 60 spacecraft that will join those already on orbit to add to the constellation. These will form the backbone

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Half of Lebanon's population could face food shortages: UN

More than half of Lebanon's population risk facing a food crisis in the aftermath of a blast at the Port of Beirut that compounded the country's many woes, the United N

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On-demand grocery startup Instashop acquired by Delivery Hero for $360M — Greece’s biggest tech exit yet

Instashop, the Greece-headquartered on-demand grocery business, is being acquired by Delivery Hero for $360 million — thought to be the country’s biggest tech exit yet.The strategy behind

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Eighteen companies to debut on ChiNext under new IPO rules

A sign of Shenzhen Stock Exchange. /VCG Eighteen companies are set to debut on the Nasdaq-style ChiNext Board under the revised initial public offering (IPO) system on Monday.ChiNext shares wi

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China issues anniversary stamp featuring Communist Manifesto

A new stamp commemorating the 100th anniversary of the publication of the full Chinese edition of the Communist Manifesto was released in China Saturday. According to

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Train loaded with "Made in Austria" goods leaves Vienna for China

A train loaded with fibers and pulp used for textiles pulled out of the Vienna South Terminal heading for China on Thursday, marking the first time a train with goods

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China non-financial outbound direct investment down 2.1% in Jan.-July

China's non-financial outbound direct investment (ODI) dropped 2.1 percent year on year to 423.7 billion yuan (or 60.3 billion U.S. dollars) in the first seven months of this year, the commerce mi

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Tesla's soaring stock cracks 2,000 U.S. dollars ahead of share split

Shares of Tesla Inc surged past the mark of 2,000 U.S. dollars on Thursday for the first time as the electric car maker extended its recent rally ahead of an upcoming share split. The company's stock