China’s oil demand rebounds to 90% pre-Covid-19 levels
Demand is expected to reach 92% in May...
Tag : China
Singapore-based AI startup Wiz.ai secures $6 mn funding
The startup will use the funds to expand its product offerings and grow its teams in Southeast Asia...
Tencent to invest $70 bn in AI, cloud computing and cybersecurity
The investment will be made over a period of five years...
Chinese government proposes stablecoin for four Asian countries
The four countries are Japan, China, Hong Kong and Korea...
Chinese delivery platform Dada Nexus plans to raise $500 mn in US IPO
Dada Nexus, listed the size of the offering at $100 mn, a placeholder amount likely to change...
Coronavirus pandemic to severely impact the renewable energy sector
China alone supplies more than 50% of solar equipment to the world...
Malaysia’s BookDoc, WeDoctor join forces to fight against Covid-19
The companies will launch Global Consultation and Prevention Centres to assemble medical resources from different regions on one platform...
JP Morgan signs logistics deal with China’s New Ease
The joint venture will invest in logistics assets across China...
MidEast and APAC aviation sector to lose $36.4 bn in revenue
The estimated losses are 10% higher than previously forecasted, according to Airports Council International (ACI)...
Coronavirus pandemic to heavily impact renewable energy projects
The projects are mostly dependent on imports from China, the epicenter of the coronavirus pandemic...