The crypto markets are broadly flat this morning, with the price of bitcoin having fallen 2 per cent to $22,873 over the past 24 hours …
Monthly Archives For August 2022
Kingsoft Cloud Joins Chinese Companies Pivoting To Hong Kong As Delisting Risk Grows
Kingsoft Cloud has joined more than 100 companies that can be delisted in the U.S. amid an impasse in talks between Washington and Beijing. Read more.
Beijing should refrain from responding to US House speaker’s provocative Taiwan trip, say experts
Experts weigh in on contentious trip by sitting US House speaker to Taiwan, the 1st in 25 years – Anadolu Agency …
Dozens of fake news websites and social media accounts pushed pro-China talking points
Cybersecurity company Mandiant said in a report that at least 72 fake news sites in 11 languages frequently criticized the West and pushed back on criticism of China.
China’s military drills around Taiwan threaten to upend global trade
China has already hit Taiwan with some trade curbs since Wednesday, including the suspension of some fruits and fish imports from Taiwan, and exports of natural sand to the island. The whole event may …
Alibaba stock shoots higher after company beats on earnings, says business improved in June
Shares of Alibaba Group Holding Ltd. were rising more that 5% in premarket trading Thursday after the Chinese e-commerce company topped expectations with …
China fires missiles in largest ever drills in waters off Taiwan
Taiwan’s defence ministry said several Dongfeng missiles had been fired in waters to the northeast and southwest of the island.
Apple Analyst Flags 2 China Risks From Geopolitical Tensions — And Potential Solutions
Apple, Inc. (NASDAQ: AAPL) may have to rework its strategy amid growing geopolitical tensions as it faces two major risks, according to noted analyst Ming-Chi Kuo.
Taiwan’s marine shippers, airlines re-route to avoid China’s military exercises, and costs will rise
Taiwan shippers and airlines are sticking to schedules despite China’s offshore military drills that kicked off following Nancy Pelosi’s departure Shipment delays are possible even though exercises do …
China Chipmakers Rally as US Tensions Seen Fueling Support
Shares of Chinese chipmakers are getting a boost from intensifying Sino-American tensions, as traders expect Beijing to step up support for homegrown firms to bolster the key technology.Most Read from …
How the tight bond between Alibaba and Ant has weakened under regulatory pressure from Beijing
The bond between Alibaba Group Holding and Ant Group, which share a common founder in Jack Ma and once even seemed to operate as one company, is unravelling at an accelerated pace as the fintech…
EMERGING MARKETS-Rebound in Chinese shares powers broader rally; c.bank decisions awaited
Emerging market stocks made cautious gains on Thursday, with eyes on Chinese sabre-rattling, while currencies bided time ahead of some central bank policy decisions. Aug 4 (Reuters) – Emerging market …
China Further Curbs Executives’ Pay at State Banks, Funds
Chinese authorities told the nation’s state-owned banks, insurers and sovereign wealth fund to further curb compensation for their senior executives and slash expenses including travel as they step up …
