Japan s economic scars might blind it to inflation kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Shein is threading the world’s trickiest geopolitical needle. The fast fashion phenom, now worth $66 billion, is a formidable rival to Inditex's Zara and H&M thanks to its marketing prowess and efficient Chinese supply chains – and despite the U.S.-China trade war. But rising American pressure is forcing it to tweak its business model right as it tries to list there.
Syngenta’s $9 billion Chinese market listing finally looks ripe. Concerns about its share sale size forced the Switzerland-based agrichemical giant to opt for a last-minute venue change. Sadly, few foreign investors are likely to join its Shanghai debut party.
A return to the White House by Donald Trump would create challenges for the world’s other rich democracies. After all, the former President likes Russia's Vladimir Putin, is sceptical about climate change and favours “Make America Great Again” protectionism. The best insurance policy for remaining members of the Group of Seven wealthy nations is to ramp up support for Ukraine, promote free trade and speed up action on global warming.
The battle between two of Australia’s richest men for control of bankrupt renewables startup Sun Cable has ended in a whimper. On Friday Mike Cannon-Brookes, co-chief of technology company Atlassian, won the auction for the firm via his Grok Ventures fund, bidding less than A$100 million ($65 million) per an estimate by the Australian Financial Review . Surprisingly absent from the final bout was Squadron Energy, one of Fortescue Metals founder Andrew Forrest’s investment companies. Both were early investors in Sun Cable; their spat over its strategy plunged the firm into administration in January.