China’s State Grid buys 49% stake in Oman electricity Utility
State Grid paid $1 bn to Oman’s Electricity Holding Company for the stake in Oman Electricity Transmission...
Tag : China
Alibaba-backed WeLab secures $156 mn funding to invest in R&D
The fintech startup has received the funding from Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank...
Amid trade war, Trump approves phase-one US-China trade deal
The US president also decided to wave off US tariffs on $160 bn of Chinese consumer goods...
Alibaba’s Ant Financial to raise $1 bn to invest in SE Asia
The fund will invest in payments and fintech startups in Southeast Asia and India...
5G base stations in China to reach 130,000 by year-end
Currently, China has around 113, 000 base stations...
Alibaba to raise around $12.9 bn in Hong Kong
Alibaba will issue 500 million shares and will price them at a 2.8% discount to their last closing price in New York...
Adnoc eyes $45 bn downstream investment in India, China
The oil giant is also looking to develop refining and petrochemical facilities in the UAE...
China fintech OneConnect skips HK, to raise $100 mn in US IPO
The startup will list its shares either on the New York Stock Exchange or the Nasdaq Global Market...
Ease of Doing Business: China, India on the most-improved list
New Zealand ranks first on the World Bank’s Ease of Doing Business 2020, followed by Singapore...
Deutsche Bank to expand client base in Thailand
The bank will target domestic corporations looking to invest overseas...