which provides debt and equity underwriting and financial advisory services. Late last year, Citi agreed to sell its minority stake in its China brokerage joint venture to its Chinese partner, Orient, … ( read original…
Monthly Archives For January 2019
Trump’s Freeze on China Exposes Israeli Tech Firms to Chill Wind
(Bloomberg) — Igal Rotem’s fastest-growing market is China, while most of the investors in his online banking service are American. That puts the Israeli executive at the crux of a geopolitical power … ( read…
NVIDIA Is the Latest Company to Plummet on Slowing Growth in China
NVIDIA shocked investors this week when it revised its financial guidance, saying that “deteriorating macroeconomic conditions, particularly in China,” wreaked havoc on its original forecast. ( read original story …)
China Unicom, ZTE Complete World’s First 5G Call with ZTE’s 5G Prototype Smartphone
ZTE Corp. announced that the Guangdong branch of China Unicom and ZTE have made the world’s first 5G call by means of ZTE’s 5G prototype smartphone in Shenzhen 5G field trial. The test also completed…
The air on cruise ships can be as polluted as the air in Beijing, new study claims
Air pollution on cruise ship decks may be as bad as in cities like Beijing and Santiago, Chile, according to a new study from researchers at Johns Hopkins University. The study measured pollution leve… (…
China starts legal process at WTO over U.S. tariffs
China triggered the legal process on Monday for the World Trade Organization to hear Beijing’s challenge to U.S. tariffs imposed on $234 billion US of goods, and berated the United States for blocking … (…
China calls firing ambassador McCallum ‘internal affair’; continues to press for Meng’s release
China will not comment,” Chinese foreign ministry spokesman Geng Shuang told a daily news briefing in Beijing. Geng reiterated China’s call for Canada to “make the correct choice” and … ( read original story …)
We Are One Seven LLC Buys Shares of 12,285 China Unicom (Hong Kong) Limited (CHU)
We Are One Seven LLC bought a new position in China Unicom (Hong Kong) Limited (NYSE:CHU) in the fourth quarter, HoldingsChannel reports. The firm bought 12,285 shares of the Wireless communications p… ( read original…
China’s Maoyan Lowers Its Sights on Hong Kong IPO (Report)
Maoyan Entertainment, the Chinese ticketing giant, has reduced the scale of its IPO on the Hong Kong stock market, according to local media reports. The company now aims to raise only $250 million … (…
China lashes out as Europe emerges at front lines of Huawei ‘tech cold war’
the other by China. Europe has emerged at the front lines of the tech cold war as Huawei and some Chinese rivals, blocked from doing business with government agencies in the United States, focus their…
Stocks slide as slow growth in China weighs on earnings
NEW YORK — Stocks opened broadly lower after two major U.S. companies dropped after saying that weakness in China’s economy was weighing on their results. Caterpillar, a bellwether for industrial com… ( read original story…
S&P Global Gets Approval for China Local Rating Business
(Bloomberg) — Chinese regulators have allowed S&P Global Ratings’ Beijing-based wholly owned unit to conduct credit rating business on the mainland, according to a statement from the People’s Bank of … ( read original story…
DealBook Briefing: 5G Is the New Arms Race With China
(FT) Rusal, the world’s largest aluminum producer outside China, said Jean-Pierre Thomas had resigned … billion for a stake in the Abu Dhabi National Oil Company’s refining business. (Reuters) • Kik … ( read original…
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