JPMorgan Chase & Co.’s asset management arm said Friday it has reached an agreement with its partner to take full ownership of a Chinese mutual fund joint venture, reported Caixin. JPMor... Read more
The European Union will impose tariffs of up to 99.7% on glass fiber producers in China and Egypt that it accuses of selling at unfairly low prices, in a closely watched and rare case involv... Read more
Last week’s piece was headlined “Facing A Recession,” and everything that has happened this week has confirmed that. This is now a recession. In the past day or two we have... Read more
Luckin Coffee has revealed that an internal investigation found hundreds of millions of dollars of sales last year were “fabricated”, wiping almost 75% from the value of the company touted a... Read more
China’s largest banks are warning of a hit to profitability and asset quality this year as they comply with government orders to extend low-cost loans to companies affected by the coron... Read more
