SHENZHEN, China (AP) — SHENZHEN, China (AP) — Lexinfintech Holdings Ltd (LX) on Wednesday reported profit of $59.3 million in its first quarter. The Shenzhen, China-based company said it had net …
Monthly Archives For May 2025
Bitcoin hits new price highs as crypto industry scores wins
Bitcoin hit a new all-time high as the world’s most popular cryptocurrency reached price levels not seen since President Trump’s inauguration. The digital asset traded above $109,400 Wednesday morning …
Bitcoin hit a new all-time high. Here’s what to know about the crypto market
Investor optimism is on the rise thanks to cooling international trade tensions and declining confidence in the stability of the U.S. dollar.
China stimulus lies behind a Great Wall of assets
High debt may not be an obstacle to President Xi Jinping boosting spending in the world’s second-largest economy. Officials are focusing on state assets worth 136% of GDP to open a new chapter of …
China Accuses US of ‘Typical Acts of Unilateral Bullying’ in Tech Products Bans
One example is that enforcing the US restrictions on Huawei AI chips could run afoul of China’s Anti-Foreign Sanctions Law.
Wisconsin machine imports could be hurt by U.S. tariffs despite reductions
Wisconsin consumers and businesses that rely on machine imports could face hurdles this year due to U.S. tariffs on China, despite a recent reduction in tariff rates between the countries. According …
Huge appliance brand leaving China to avoid tariffs
SharkNinja began plotting its exit from China back in 2018, when the Trump administration slapped steep tariffs on a wide range of Chinese imports, forcing companies to rethink their manufacturing …
COVID-19 Returns? Is The New Variant Worse And How Long Will You Be Sick With It?
COVID-19 cases are rising across Southeast Asia, driven by Omicron subvariants like JN.1, LF.7, and NB.1.8, with India reporting over 250 active cases, mostly mild but requiring caution.
How Stolen iPhones from the West End Up in Chinese Markets
Explore how Shenzhen’s Feiyang Times building has become a central hub in the global trade of stolen iPhones, highlighting their journey to China’s markets.
How China’s Online Army Helped Beijing Fight US Tariff War
A social network analysis firm says it uncovered over 1,000 fake X accounts seeking to influence public opinion on Trump’s tariffs.
New species of space-adapted bacteria discovered on China’s Tiangong space station
Scientists have discovered a previously unknown strain of microbe after analyzing samples taken from China’s Tiangong space station. The new microbe strain, officially named Niallia tiangongensis, was …
Tensions flare between the US and China over Huawei’s AI chips
China is threatening legal action against anyone enforcing the U.S.’ recent guidelines against using Huawei’s AI chips.
China Accuses US of Undermining Trade Talks With Warnings Against Huawei Chips
The Chinese government accused the Trump administration of undermining recent trade talks in Geneva after it warned that using Huawei Technologies Co.’s artificial-intelligence chips “anywhere in the world” would violate US export controls.
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