Bossa Studios Obtained Up To $30 Million To Expand In China

Bossa Studios—a London-based video game developer—has raised $30 Million in a funding round directed by Chinese gaming firm NetEase, three sources well-known with the situation said to CNBC. Bossa Studios is behind physics-based video games such as “I Am Bread” and “Surgeon Simulator.” The company secured between $10 Million–$30 Million during a Series B funding… Continue reading Bossa Studios Obtained Up To $30 Million To Expand In China

Asian Stocks Fell On Report Of US-China Trade Deal May Not Be Inked In 2019

Reportedly, Asian stocks declined after a report that an estimated “phase one” trade deal amid the U.S. and China could not be signed by 2019. Japan’s Nikkei 225 index dropped 0.48% to settle at 23,038.58, with shares of Tokyo Electron slipping by 3.44%. The Topix index was lower by 0.1% to close at 1,689.38. The… Continue reading Asian Stocks Fell On Report Of US-China Trade Deal May Not Be Inked In 2019

China’s $2 Billion Accord With Ghana Draws Disapproval From Activists

Reportedly, the Chinese administration has issued phase one of funding for an extensive road construction plan in Ghana as a part of a $2 Billion infrastructure agreement that presents Beijing with access to the nation’s reserves of bauxite—which is a vital source of aluminum. The agreement has drawn disapproval from political opposition, environmental activists, and… Continue reading China’s $2 Billion Accord With Ghana Draws Disapproval From Activists

China Earns $6 Billion From Its International Bond Sale

China has after months heaved $6 Billion in its top international sovereign bond sale. The country took a huge jump over this year’s borrowing costs. The finance ministry vended the bonds in 4 slots. One of the issues resolved was a 3-year issue that summed up 35 basis points (bps), which was above the benchmark… Continue reading China Earns $6 Billion From Its International Bond Sale