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Bloomberg

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From India to Korea, IPO markets are booming as China deals slow

Tech companies from India and South Korea, and Southeast Asia have raised $8 billion from first-time share sales this year, already blowing past the previous annual peak

From India to Korea, IPO markets are booming as China deals slow
Updated On : 29 Aug 2021 | 7:57 AM IST

Chinese tech stocks' brief revival is already showing signs of fatigue

The rally in the Hang Seng Tech Index, which tracks Chinese tech stocks listed in Hong Kong, fizzled out toward the end of this week amid headlines of fresh crackdowns, trimming its weekly gain to 7.3

Chinese tech stocks' brief revival is already showing signs of fatigue
Updated On : 28 Aug 2021 | 3:57 PM IST

Most used blockchain Go Ethereum averts crisis after software flaw is fixed

About 75% of all users on the Ethereum network utilize Geth as a node to mine the blockchain's native token, Ether, and to create software that runs functions such as decentralized applications.

Most used blockchain Go Ethereum averts crisis after software flaw is fixed
Updated On : 28 Aug 2021 | 2:17 PM IST

Stocks in Powell's thrall can see a taper without much tantrum

Bulls can thank stagecraft of Jerome Powell, Federal Reserve chairman, who on Friday gave the strongest signal yet that the central bank will begin tapering its monthly bond purchases this year

Stocks in Powell's thrall can see a taper without much tantrum
Updated On : 28 Aug 2021 | 2:10 PM IST

Covid-19's Delta variant doubles hospitalisation risk, finds study

Early studies of the delta variant, which first appeared in India in December, found it was 50% more transmissible than other strains

Covid-19's Delta variant doubles hospitalisation risk, finds study
Updated On : 28 Aug 2021 | 8:05 AM IST

China spells out how excessive '996' work culture is illegal

China's increasingly profitable tech giants are grappling with public outrage over their grueling schedules, a backlash fueled by a growing chorus of complaints on social media and even deaths.

China spells out how excessive '996' work culture is illegal
Updated On : 28 Aug 2021 | 1:49 AM IST

China seeks to ban data-rich firms from US IPOs: Dow Jones report

China's stock market watchdog has told companies and investors the envisioned rules will prohibit firms from listing abroad, particularly those seeking a foreign IPO via overseas-incorporated entities

China seeks to ban data-rich firms from US IPOs: Dow Jones report
Updated On : 28 Aug 2021 | 1:47 AM IST

China tech rally ends on report of new IPO rules; Alibaba Group falls 3.9%

The Hang Seng Tech Index closed 0.2 per cent lower in Hong Kong after rising as much as 2 per cent in the morning

China tech rally ends on report of new IPO rules; Alibaba Group falls 3.9%
Updated On : 28 Aug 2021 | 1:10 AM IST

Poor monsoon likely to hurt India oilseed, cotton output, says NCML

Oilseed and cotton will see a drop in production as weaker rains have reduced their sowing areas

Poor monsoon likely to hurt India oilseed, cotton output, says NCML
Updated On : 28 Aug 2021 | 12:19 AM IST

Fed Chair says taper could start in 2021, with no rush on rate hike

Powell said US economy continued to make progress towards the central bank's benchmarks for reducing its pandemic-era emergency programs, but stopped short of signaling the timing for any policy shift

Fed Chair says taper could start in 2021, with no rush on rate hike
Updated On : 27 Aug 2021 | 11:57 PM IST

For growth and investments, Modi's green new deal might actually work

If the government can reduce investment risk in greener sectors and make them attractive investment propositions, it might well turn around its economic record.

For growth and investments, Modi's green new deal might actually work
Updated On : 27 Aug 2021 | 9:48 PM IST

United States consumer sentiment remains depressed in late august

If the slide in confidence translates to a pullback in spending, economic growth may decelerate further in the coming months.

United States consumer sentiment remains depressed in late august
Updated On : 27 Aug 2021 | 8:50 PM IST

NFTs supplant Rolexes and Lambos as the new digital savvy 'flex'

Non-fungible tokens, which allow holders of art and collectibles to track ownership, are staging a resurgence after fading from the headlines during Bitcoin's springtime swoon.

NFTs supplant Rolexes and Lambos as the new digital savvy 'flex'
Updated On : 27 Aug 2021 | 3:07 PM IST

Billionaire-backed stock picker says tech bubble talk is for boomers

Blue Whale's top holdings are more dominated by brands that have become household names over the past two decades, including Google parent Alphabet Inc., Microsoft Corp.

Billionaire-backed stock picker says tech bubble talk is for boomers
Updated On : 27 Aug 2021 | 2:08 PM IST

Better than booster shots, non-vaccines promise to build Covid immunity

Monoclonal antibodies boost immune response to infections by binding to particular sites on the spike protein of the virus that causes Covid-19.

Better than booster shots, non-vaccines promise to build Covid immunity
Updated On : 27 Aug 2021 | 1:04 PM IST

Covid-19 pandemic has India scrambling to boost its manufacturing sector

High-contact services jobs from airlines to hotels and malls to multiplexes were the first to collapse amid protracted lockdowns aimed at containing the virus

Covid-19 pandemic has India scrambling to boost its manufacturing sector
Updated On : 27 Aug 2021 | 9:04 AM IST

The hybrid work revolution after Covid-19 is already transforming economies

While a more permanent transformation of working life will have painful consequences for many inner-city businesses, economists see a recalibration underway that can revitalize smaller towns, suburbs

The hybrid work revolution after Covid-19 is already transforming economies
Updated On : 27 Aug 2021 | 8:26 AM IST

Apple settlement lets app makers advertise outside payments

The settlement will include $100 million worth of payments to app makers ranging from $250 to $30,000 per developer

Apple settlement lets app makers advertise outside payments
Updated On : 27 Aug 2021 | 7:39 AM IST

China to meet economic targets with virus curbs: President Xi Jinping

Xi said China should push for high-quality development and better coordinated policies around development and safety

China to meet economic targets with virus curbs: President Xi Jinping
Updated On : 27 Aug 2021 | 2:30 AM IST

Blasts strike Kabul airport; kill at least 13, including children

ISIS role suspected behind attack; foreigners, US troops injured

Blasts strike Kabul airport; kill at least 13, including children
Updated On : 27 Aug 2021 | 2:19 AM IST