CHINESE AI chip maker Enflame is preparing its initial public offering

publicat 2026-08-31 00:00:02 (Bursa)
* Subscriptions open on September 2 * The company, which will debut on Shanghai and #39;s STAR market, wants to raise around $900 million ...continuare.

Russia and #39;s partners buy its oil, but don and #39;t lend it money

publicat 2026-08-25 00:00:03 (Bursa)
Foreign buyers of oil and gas cover less than half of the cost of Russia and #39;s war, and they don and #39;t lend it any money at all. There is, in verifiable accounts from 2026, no line of credit opened to the Russian state or Russian banks by a BRICS government or bank. CHINESE banks are even restricting trade payments. External support is large, but it is not decisive and it is not financing - and hence the rest must be taken from within. ...continuare.

Humanoid robots are preparing for their own technological revolution

publicat 2026-08-21 00:00:04 (Bursa)
The humanoid robot industry is approaching a moment of transformation that the CEO of CHINESE company Unitree likens to the emergence of ChatGPT. ...continuare.

Xi Jinping changes gears: China revs up economy, but refuses major financial shock

publicat 2026-08-06 00:00:03 (Bursa)
Beijing is accelerating state intervention to stop the economic slowdown, but is refusing the massive financial stimulus that markets are expecting, is the conclusion of the analysis made at the meeting of the Politburo of the CHINESE Communist Party on July 30, according to information published by the Beijing press. ...continuare.

Cities with the most billionaires in the world: New York, Shenzhen, Shanghai

publicat 2026-06-25 00:00:04 (Bursa)
* New York has 146 billionaires - the highest concentration of any city * CHINESE cities Shenzhen, Shanghai and Beijing rank in the top four globally * Asia is home to 58% of the billionaires on the list ...continuare.

The US dollar continues to dominate central bank foreign exchange reserves

publicat 2026-06-15 00:00:05 (Bursa)
* The US currency accounted for 56.8% of global foreign exchange reserves at the end of 2025, more than all other major currencies combined * Euro - in second place, with 20.2% of the global total * CHINESE yuan - only 2% of reserves, down from its 2022 peak ...continuare.
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