Investors in Chinese EV companies are certainly betting on a bright future, even as Covid-19 depresses sales within China by a third. Shares in top manufacturer Nio (NIO) have soared 250% year-to-date … ( read…
Monthly Archives For August 2020
China’s Higher Bond Yields Buck The Global Trend
Chinese government bond yields, however, have bucked the trend, with 10-year bond yields climbing from their April lows of 2.4% to top 3%, putting them at pre-COVID-19 levels. ( read original story …)
China Tells Banks, Sovereign Fund to Limit Pay as Economy Slumps
Chinese authorities are doubling down on pressure to get the nation’s biggest state-owned financial groups to reduce salaries in a bid to boost returns as the virus-hit economy faces its slowest … ( read original…
BeiGene Reports Second Quarter 2020 Financial Results
(GLOBE NEWSWIRE) — BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160), a commercial-stage biotechnology company focused on developing and commercializing innovative medicines worldwide, today reported recent … ( read original story …)
Microsoft expands TikTok takeover ambitions to entire global business
Even adding the entire business to any deal does not resolve the enormous challenge of untangling TikTok’s technology from ByteDance. ByteDance had previously been working on separating the data and … ( read original story…
Trump attacks China over virus as U.S. health secretary heads to Taiwan
U.S. President Donald Trump on Thursday intensified his attacks on China for its handling of the novel coronavirus outbreak that has killed over 700,000 people worldwide, as his health secretary … ( read original story…
AstraZeneca Strikes Deal to Produce Covid-19 Vaccine for China
AstraZeneca has agreed to have a Chinese drugmaker produce hundreds of millions of doses of its experimental Covid-19 vaccine for use in China if it is approved by regulators there, a deal that … (…
Global magnetic field of the solar corona measured for the first time
An international team of solar physicists, including academics from Northumbria University, in Newcastle upon Tyne, has recently measured the global magnetic field of the outer most layer of the Sun’s … ( read original story…
Blockchain Bites: Bulls Reborn, Backrunning Bots, Bitmain Blowout
Ethereum Classic was hit with another 51% attack, Instagram is seeing a proliferation of crypto scams and Bitmain’s latest shipments is delayed. ( read original story …)
China launches 2 satellites from Gobi Desert
China is continuing its rapid rate of space launches with its 22nd mission of 2020. China launched a new Earth observation satellite on Thursday (Aug. 6), with a small companion satellite from … ( read…
New Method Makes Magnetic Maps of the Solar Corona (2 of 2) (image)
Coronal magnetic field lines obtained from the PFSS model. This material relates to a paper that appeared in the 7 Aug., issue of [I]Science[/I], published by AAAS. The paper, by Z. Yang at Peking ……
In call with Chinese counterpart, Pentagon chief expresses concern about Beijing’s activity in South China Sea
U.S. Defense Secretary Mark Esper expressed concerns about Beijing’s “destabilizing” activity near Taiwan and the South China Sea in a call with Chinese Defense Minister Wei Fenghe, the Pentagon said … ( read original story…
Blockchain can help ‘antique’ iron ore industry
Blockchain can help ‘antique’ iron ore industry. Aug 06, 2020 | 01:00 PM | Singapore | Paul Lim . Tags blockchain, iron ore, DBS Bank, letters of credit, LC, Sriram Muthukrish … ( read original…