Driving Up Costs: Canada Imposes 100% Tariffs on Chinese EVs
Canada is following in the footsteps of the United States and the European Union in imposing 100% tariffs on the import of Chinese electric vehicles. The nation has also announced a 25% tariff on imported steel and aluminium from China. This duty applies to all EVs (Electrical Vehicles) shipped from
Amid Economic Woes, Southeast Asia’s Insurtech Thrives!
In spite of ongoing macroeconomic and geopolitical uncertainties, deals in Southeast Asia’s insurtech sector witnessed a significant increase, reaching $2.35b from 27 deals in 2023. According to the sources, Singlife’s merger with Aviva Singapore, valued at $2 billion, played a critical role in driving the trend. However, early-stage startups witnessed
Carlyle Group Inc. Delays Asia Buyout Funds
Carlyle Group Inc. put a hold on closing a new pan-Asian buyout as the demand for Japan-focused vehicles has syphoned off investor interest, as per the individuals aware of this matter The Washington-based firm has asked for an extension on closing its 6th regional buyout fund. Since its launch two
Cryptocurrency Regulations in Asia: Its Impacts
As the Asian regions advance technologically, there is a scaling demand for cryptocurrency and blockchain that helps leverage investment growth. More than half of the global crypto traders reside in Asia, so regulators have no choice but to implement preventive regulations that safeguard investors’ value. Most countries use cryptocurrencies due
Buy Bitcoins In The Philippines: A Must-Read Write-Up
Cryptocurrency has gained a lot of traction in the last few years. Once, a man used 10,000 bitcoins to buy two pizzas. Now, those bitcoins are worth more than $80 million. The decentralised nature and the possibilities for potential growth make it a very good investment option. However, the risks
