World Business News
HK gaming giant Animoca to set up $2b fund to invest in metaverse firms
Hong Kong's Animoca Brands, a gaming software firm and Web 3.0 investment powerhouse, plans to set up a fund of up to $2 billion to [more]
Hong Kong’s IPO market seen bouncing back as 100 firms line up for share sale
Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is eyeing more companies and investors from markets [more]
BYD races to the top of China’s car market in November
BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outperforming the Volkswagen brand in a reversal [more]
KKR closes tender offer to buy Japan’s Hitachi Transport System
Global private equity (PE) powerhouse KKR has closed its deal for a 100% stake in Japanese multinational conglomerate Hitachi's logistics subsidiary Hitachi Transport System (HTS), [more]
Council Post: Selling Your Company Effectively: Buyer ‘Bait And Switch’ Strategies And Seller Strategies
Chairman of IBS Investment Bank -- responsible for oversight of the firm's investment portfolio and advisory positions. Selling a company is often one of life's [more]
This the time to build for the future, VCs tell crypto startups
Photographed by Andre Francois As funding activities slow down amid a so-called crypto winter, digital asset startups must use up the valuable time to build [more]
Airbnb launches service allowing American renters to host apartments
Airbnb Inc said on Wednesday it is introducing a new listing service in the United States that will help renters find an apartment where they [more]
How are airlines still able to price tickets so high? One airport chief explains
Bucking the trend, however, is Asia, where travel curbs in China and its COVID-zero strategy continue to hinder recovery in the region. Despite this, Mr [more]
ECB says Bitcoin is artificially propped up, shouldn’t be legitimised
FRANKFURT : Bitcoin is being artificially propped up and should not be legitimised by regulators or financial companies as it heads for "irrelevance", the European [more]
US crypto broker Genesis says it is working to avoid filing for bankruptcy
US cryptocurrency brokerage Genesis said it is seeking to avoid bankruptcy after Bloomberg news reported on Tuesday that creditors to the firm are in discussions [more]
Council Post: 5 Year-End Tax Moves To Strategically Reduce Your Tax Burden
Amanda Han, Author & CPA at the Award Winning Keystone CPA, Inc. - Specializing in tax strategies for real estate investors nationwide. In sports, the [more]
USD/CNY still has a good chance to rise closer towards 7.25 in the coming weeks – Commerzbank
USD/CNY fell yesterday to around 7.16. Nonetheless, economists at Commerzbank believe that the pair could move back higher towards 7.25. "In a press conference yesterday, [more]
Two Tencent-affiliated games win Apple App Store Awards · TechNode
Apple announced the winners of its App Store Awards 2022 on Tuesday, with two Tencent-affiliated gaming titles among those picking up prizes. Apex Legends Mobile, [more]
Pound Sterling Price News and Forecast: GBP/USD buyers refuse to give up as focus shifts to Powell [Video]
Price failed at the 1.2100 level during Monday's trading. 1.2100-08 the Figure and the 79% fib retracement level. Over the next 24 to 48 hours [more]
Ripple price sees investors bracing for Powell late Wednesday with $0.44 in the cards
Ripple price jumped over 1% again this morning after an upbeat trading day on Tuesday. XRP sees bulls hammering on the monthly S1 support to [more]