CHINA’S central bank on Thursday launched a “swap facility” offering firms access to 500 billion yuan (S$92.3 billion) in liquidity, as Beijing seeks to boost the country’s flagging economy. Read more …
Monthly Archives For October 2024
Taiwan President to Say China Has Been Causing ‘Chaos’ in Keynote Address
TAIPEI (Reuters) -Taiwan President Lai Ching-te will say in his national day speech on Thursday that China has been using every possible means to cause “chaos”, according to an outline of the speech, as the…
Baidu switches CFO and mobile unit heads
Baidu reshuffled its management team, with CFO Rong Luo and head of the Mobile Ecosystem Group Junjie He to switch roles.
China, US locked in lose-lose tech battle whoever wins White House, experts say
The rivalry to dominate in AI, quantum computing and other technologies of the future may even intensify after November’s election The presidential race between Donald Trump and Kamala Harris comes at …
Severe solar storm expected to impact Earth Thursday
A fast coronal mass ejection (CME) erupted from the sun Tuesday evening, and is expected to arrive at and impact Earth as early as the morning to midday on Thursday, according to NOAA’s Space Weather…
Alibaba’s Tmall sees surge in new brands as foreign merchants pile in ahead of Singles’ Day
In the third quarter of this year, the number of brands that opened official stores on Tmall surged by 70 per cent from the previous quarter Alibaba Group Holding’s Tmall shopping platform saw the …
‘When in doubt, turn to Xiaohongshu’: A social media platform and its young, female, Chinese user base transforms travel and shopping
Xiaohongshu cofounder and President Miranda Qu is ranked No. 60 on the Fortune Most Powerful Women Asia list this year.
Shanghai Stocks Suffer Worst Drop Since Early COVID but Wall St. Holds Firm
As China’s stock market dives, Wall Street has remained steady. What’s keeping U.S. markets afloat amid global uncertainty?
Disabled orphans bear brunt of China’s overseas adoption ban
Under the new policy, China will only send children overseas for adoption if the adoptive parents are blood relatives. The BBC understands that US authorities are in talks with Beijing on whether a …
Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
Chinese nationals in Japan testify to harassment by Beijing, report says
Beijing is surveilling and harassing dissident Chinese nations living in Japan via their relatives back home in a campaign of “transnational repression,” Human Rights Watch (HRW) alleged in a report …
Mexico seeks US help in cutting back on imports from China
Mexican official tells Wall Street Journal government will focus on domestic supply chains, a potential problem as Washington-Beijing tensions rise.
Someone finally tested China’s x86 CPU answer to AMD and Intel — the 8-core Zhaoxin KX-7000 processor is promising, but can’t reasonably compete for now
The 8-core Zhaoxin KaiXian KX-7000 processor, China’s latest entry into the x86 CPU market, was recently put through its paces by PC Watch, and while it shows promise, early tests indicate that it …
