Arm Holdings is poised to raise about $4.7 billion in its initial public offering that valued the company at more than $54.5 billion.
Monthly Archives For September 2023
Arm IPO: Should you buy shares? Here’s what 4 analysts are saying
Shares of Arm , the British chip design company founded in 1990, will begin trading in New York for the first time after being taken private by SoftBank in 2016. Arm licenses its proprietary chip…
China denounces Europe probe of EVs as ‘naked protectionist’ act
A European Commission investigation into Chinese electric vehicles believed to have benefited from state subsidies will have a “negative” impact on economic and trade ties, China’s commerce ministry warned on Thursday.
China auto industry body ‘firmly opposes’ EU probe on Chinese EV subsidies, urges objectivity
The European Commission unexpectedly launched an investigation Wednesday on the level of state subsidies that benefits China’s electric vehicle makers.
Moody’s cuts China property sector’s outlook to negative
(Reuters) – Moody’s on Thursday cut China’s crisis-hit property sector’s outlook to negative from stable, citing economic growth challenges the ratings agency said would dampen sales despite …
China Property Crisis Another Blow To Global Travel
As a professor of marketing who specializes in consumer psychology, I’m interested in how China’s struggling real estate sector is dragging down consumer spending – and having an effect on tourist …
Column-Iron Ore Price Rallies on China Fundamentals, but Cap Looms: Russell
Iron ore futures traded in Singapore ended at $121.13 a metric ton on Wednesday, the highest since April 11 and up 17.4% from the recent low of $103.21 on Aug. 3.
Chinese banks shun Beijing’s flagship property bailout fund
State-backed lenders have disbursed less than 1% of $27bn scheme after failing to find creditworthy developers …
China finance boss jailed for life as part of major corruption purge
Wang Bin, the former boss of China Life Insurance Co, was sentenced by a court in Jinan in eastern China’s Shandong province on Tuesday. The court found him guilty of taking $45m in bribes and…
Pence on COVID: China must be accountable, wary about new vaccine
Former Vice President Mike Pence defended the Trump administration’s handling of the COVID pandemic, said China must be held accountable for it’s role in the pandemic and cast doubt on vaccine safety during a NewsNation…
Beijing says it uncovered US National Security Agency operatives behind cyberattack on Chinese university
Second Date’ software used in Northwestern Polytechnical University attack is a potent cyberespionage tool developed by US agency, says state media.
Beijing freezes social media service for a month as punishment letting kids see smut
TikTok-esque Mini Worlds, part of the Tencent empire, shamed, fined, warned to do better China’s cyberspace regulator on Wednesday ordered Tencent’s QQ messaging platform to shut down its short video …
China’s southern export hub steps up talent hunt as Dongguan dangles US$70,000 cash, US$1.4 million housing subsidy
China’s southern export hub of Dongguan will offer a home-purchase subsidy of up to 10 million yuan (US$1.37 million) in an attempt to lure talent, as the city seeks to upgrade advanced industries.
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