Agricultural sector in china

The turmoil in the U.S. banking sector has had a negative impact on the market for initial public offerings (IPOs) . IPOs raised just $19.7 billion this year, down 70% from a year ago, according to Bloomberg data. That is the lowest level since 2019. Of that, just $3.2 billion has been raised through IPOs in the U.S. Shareholders and companies were quick to sell stock early in the year to take advantage of the stock market rally. However, that rally largely fizzled as the Federal Reserve continued to ramp up interest rates to cool inflation. The problems in the banking sector following the collapse of Silicon Valley Bank have also had an impact on companies' IPO plans. Secondary offerings have been the sole bright spot, raising $76 billion this year, a 48% increase from a year ago. Companies like electric vehicle maker Rivian have also turned to convertible bonds to raise money more cheaply. Some $6.4 billion in convertible bonds have been issued globally so far this … [Read more...] about Global IPO Fundraising Slows, Weighed Down by Banking Sector Turmoil

Share to Twitter Share to Linkedin Key News Asian equity markets were mixed overnight on light volumes as investors worried about financial contagion. Hong Kong had a volatile day as Jack Ma’s visit to China lifted Alibaba and the market, a rally that ran out of out of steam in the afternoon. Baidu fell -3.17% due to rumors of a delay in its ERNIE chat bot launch. Meituan fell -6.28% and was today’s most heavily traded in Hong Kong by value after the company’s Q4 financial results, which were announced after the close on Friday, beat estimates. The stock’s drop is likely driven by Tencent’s decision to deliver a cash spinoff of Meituan, rather than shares, which obviously requires selling Meituan shares in the open market. Healthcare was the only positive sector in both Hong Kong and Mainland China after CSPC Pharma’s mRNA Covid-19 vaccine was approved. Mainland markets were off though “outperformed,” i.e. they fell less than Hong Kong as CNY and the … [Read more...] about Tencent’s Cash Dividend Weighs On Meituan

Share to Twitter Share to Linkedin Rows of tidy vineyards can be a beautiful sight, but winemaking regions around the world are becoming more aware of the drawbacks of monoculture on the farm. When one type of crop is cultivated to the reduction of other vegetation and wildlife, the system can become imbalanced. Environmental scales are further tipped when chemical or high-intervention practices are employed to control the influence of nature and weather. But wine producers have been encouraged by the benefits of biodiversity, an increase in the variety of life existing in an area — in this case, the vineyard and surrounding spaces. Biodiversity has the potential to inhibit disease and pests, support healthy water systems, increase soil fertility, aid pollination, and promote beneficial species. The Bourgogne (Burgundy) region has recently announced funding to build biodiversity within its climats. (Climat is a local term that identifies Bourgogne vineyards as … [Read more...] about Funding For Biodiversity Efforts Is Now Available To Wine Growers In Bourgogne

Share to Twitter Share to Linkedin Change is brewing in the Middle East. The region’s political landscape transforms as rapprochements emerge. In a turn startling observers, China has brokered a détente between Iran and Saudi Arabia, whose enmity has long been a cornerstone of Middle Eastern strife. Within mere days under Beijing’s watch, the reconciliation between these regional powerhouses altered the political landscape’s main contours. Yet, the Saudi-Iran reconciliation is not the only instance of regional realignment — efforts are also underway to rehabilitate the Assad regime back into the regional fold. As new alliances crystallize, winners and losers emerge in their wake. These developments have far-reaching implications for the region's actors, and understanding their roots and consequences is essential for any observer. Gaining momentum, the China-brokered Saudi-Iran normalization progresses, as reopening embassies and increasing … [Read more...] about Middle East Rapprochements: Who Is Standing To Lose?

Share to Twitter Share to Linkedin Key takeaways Bank stocks sold off heavily last week, as nervous investors ran for the exits over - well, basically nothing With no fundamental reasons for the sell off, they’ve rebounded swiftly on Monday First Citizens Bank is up over 45%, on news that it has acquired over $72 billion of assets from collapsed Silicon Valley Bank, at a discount of $16.5 billion After the collapse of Silicon Valley Bank and Signature Bank, as well as the weekend fire sale of Credit Suisse to rival UBS, Deutsche Bank was in the headlines last week as the latest in the financial sector to come under pressure. There have been numerous analysts and public commentators expressing concerns over the banking sector, worried about whether the initial collapses were a sign of a financial crisis brewing underneath the surface. As well as large banks like Deutsche Bank, regional banks have been hit particularly hard. First … [Read more...] about How Investors Can Navigate Banking Uncertainty As Deutsche Bank, First Citizens Bank And First Republic Bank Stock Seesaws

Share to Twitter Share to Linkedin Widely circulated reports that the U.S. Securities and Exchange Commission (SEC) is investigating $20 billion crypto exchange Coinbase are just the tip of the iceberg, according to a staffer from U.S. Senator Cynthia Lummis’ (R-Wy) office. The staffer says every U.S. crypto exchange—and the largest crypto exchange in the world, Binance—are in various stages of being investigated. There are more than 40 U.S. cryptocurrency exchanges, according to crypto data site, CoinGecko. The SEC has not responded to multiple requests for comment. Coming in the wake of a number of SEC actions asserting the regulator’s domain over the crypto industry, and an equally strong response by the U.S Commodity Futures Trading Commission (CFTC) pushing back against what it characterizes as “regulation through enforcement,” the staffer says the SEC urgently wants to resolve its dispute with the CFTC over crypto jurisdiction. If the matter isn’t … [Read more...] about Every U.S. Crypto Exchange (And Binance) Is Being Investigated By The SEC, Says Senator Lummis Staffer

Share to Twitter Share to Linkedin TL;DR The Fed elected to raise base interest rates by 0.25 percentage points, sticking to the script despite financial uncertainty from the collapse of Silicon Valley Bank and Signature Bank AI continues to make headlines as both big and small tech companies release new products and features almost daily Crypto has been quietly picking up big gains, and some believe the current financial wobbles could mean it has further to run Top weekly and monthly trades Subscribe to the Forbes AI newsletter to stay in the loop and get our AI-backed investing insights, latest news and more delivered directly to your inbox every weekend. And download Q.ai today for access to AI-powered investment strategies. Major events that could affect your portfolio A month ago, it was all but guaranteed that the Fed would be raising rates by 0.25 percentage points in their March meeting. Some analysts were even … [Read more...] about Tech Companies Big And Small Look To Include AI Technology And Crypto Picks Up Big Gains – Forbes AI Newsletter March 25th

Share to Twitter Share to Linkedin Crypto continues to have a rocky 2023, with one of the most recent announcements being a pending lawsuit against Coinbase by the Securities and Exchange Commission. While the SEC continues to hammer on virtually every crypto-native organization or service provider, there are other issues that investors need to keep in mind. Taxes are a part of any business conversation, and rarely a fun one to discuss. Enjoyable or not, however, taxes are an important topic for any investment or business decision; crypto taxes and tax treatment continue to provide fertile ground for debate, discourse, and wide ranging conversation. Even as the Internal Revenue Service has continuously updated guidance, issued multiple online Q&A documents, and made changes to tax forms for U.S. taxpayers, the tax situation surrounding crypto continues to be a complicated one. Straight-forward crypto transactions, such as using bitcoin (or other crypto) … [Read more...] about What Crypto Investors Need To Know About NFT Tax Changes

Share to Twitter Share to Linkedin Jingyi Shao got his start in the film industry through directing commercials in China for global brands like Levi’s, Johnnie Walker and Cartier. Yet, Shao knew he would eventually move into narrative filmmaking. One of his screenplays rose to the top spots on the Black List in 2020 and soon, he was off to a pitch session with Disney. This screenplay became Chang Can Dunk , which premiered on streaming platform Disney+ earlier this month. Shao also has projects currently in development for Amazon AMZN and Netflix. It has been a whirlwind few years for Shao, ever since his first meeting with Disney. “I had been trying to make my first film for a number of years. To write a script, have it picked up by Disney and then very quickly, put into pre-production and then shoot it — all within three years — it’s amazing,” Shao says. While the primary relationships in Shao’s original script were left intact, he admitted … [Read more...] about How ‘Chang Can Dunk’ Director Jingyi Shao Went From Making Commercials To A Debut With Disney

Share to Twitter Share to Linkedin You can understand a lot about this year’s stock market by looking at the winners and losers among the nation’s biggest stocks. Among the 167 stocks with a market value of $100 billion or more, the best performers this year are: · Nvidia (NVDA), up 83%. · Meta Platforms (META), up 71%. · Tesla (TSLA), up 55%. The worst performers are: · Pfizer PFE , down 21% · Bank of America BAC , down 19%. · ConocoPhillips COP , down 16%. Underdogs As if often the case, I’m more partial to the losers. Let’s start with Bank of America. Spurred by the failure of Signature Bank and Silicon Value Bank, bank stocks have fallen hard. Bank of America stock now sells for less than nine times earnings. Its average multiple in the past decade has been 14. That sounds like a chance to buy a good company on bad news, which I love to do. But banks are suffering because short-term rates have risen above … [Read more...] about Winners And Losers Reveal The Market’s Flavor This Year: Nvidia Is Up, Pfizer Is Down