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14 MILLION YUAN INVESTMENT
Woman buys 196 parking spaces for Rs 20 crore, residents sue after she doubles rental chargesA woman surnamed Wu in Changsha, China, bought 196 parking spaces for Rs 19.36 crore in 2018 and later rented and listed them for sale at h...- Airtel Money debuts on LSE in biggest listing in 5 yearsAirtel Money, the financial services arm of Airtel Africa, made a striking entrance on the London Stock Exchange, captivating investor atte...
- Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surgeForeign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter moneta...
- Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...
- Global Market: Maas Group shares plunge 11% after Nvidia-backed Firmus scraps $5 billion IPOMaas Group shares plunged nearly 11% after Nvidia-backed Firmus withdrew its planned $5 billion IPO, raising valuation concerns. Despite th...
- Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...
- China has no need or intention to weaken yuan for trade edge, central bank saysChina's central bank stated it does not intend to depreciate the yuan for competitive trade advantages. It emphasized that the market plays...
- Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
- India, EU launch industry coalition for green shipping corridorIndia and the European Union launched an industry coalition for a green shipping corridor to bring companies together to develop cleaner ma...
- Global Market: China gold reserves rise for 23rd straight month, forex reserves fallChina’s central bank raised its gold holdings for the 23rd consecutive month in September, underscoring its efforts to diversify reserves a...
- Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...
- Prosus steps up India fintech bets with Kiwi, Oolka funding talksProsus has held exploratory talks to invest in Kiwi, which offers bank-issued RuPay credit cards and credit lines for Unified Payments Inte...
- A Singapore couple invested S$150,000 in an ice-cream shop in 2007; 12 years later, it generated S$20 millionDavid Yim and Wong Peck Lin put S$150,000 of savings into Udders in 2007. Yim left teaching to run the shop, while Peck Lin kept her consul...
- Type One Energy raises $200 million to develop world’s first commercial fusion reactorThe Series-B round, which takes total funding to-date to more than $400 million, is the third-biggest sector Series B raise over the last f...
- DeepSeek to raise at least $12 billion in Tencent-backed fundingChinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News r...
- In 1950s America, Ronald Read began buying everyday blue-chip stocks; decades later, the janitor left behind an $8 million portfolioRonald Read did not work in finance. He spent about 25 years at a Vermont gas station before working as a janitor at J.C. Penney for anothe...
- Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
- China says venture funding rebounds as investors back AI, quantum technologyChina's venture capital sector is recovering, with investment in early-stage startups, smaller companies, long-term projects and hard-tech ...
- China rolls out new measures to bolster its property sector and economyChina rolled out new measures to help its sluggish property sector amid rising pressure to hit the government's year-end growth goal. China...
- China rolls out new measures to bolster its property sector and economyChina rolled out new measures to help its sluggish property sector amid rising pressure to hit the government's year-end growth goal. China...
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