Some Chinese officials worry that the U.S.’s decision to embrace stablecoins through the Genius Act might reverse the trend of de-dollarization.
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Apple revenues surge on strong iPhone sales and rebound in China
Apple’s sales in China have also suffered from competition from local handset makers such as Huawei and Xiaomi. However, revenue from China increased 4 per cent in the quarter from a year ago, hitting …
Trump suspends de minimis exemption for low-value imports
Low-value parcels coming from other countries will no longer evade tariffs under the executive order President Trump signed Wednesday.
Apple got a much-needed iPhone and China boost
Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the company’s business that had struggled over the past year.
US-China Tariff Pause Set to Expire in August
This pause provided breathing room for negotiators and businesses affected by the trade tensions. The trade conflict between the U.S. and China escalated significantly in 2018 when the United States …
GDS Holdings Limited (GDS) Announced Successful Completion of the China REIT IPO
GDS Holdings Limited (NASDAQ:GDS) is one of the Best Performing Tech Stocks According to Hedge Funds. On July 16, GDS Holdings Limited (NASDAQ:GDS) announced its successful completion of the China …
AB InBev shares tumble as sales slide in China and Brazil
Busch InBev said on Thursday its second-quarter sales volumes fell more than expected due to weak demand in Brazil and China, adding to investor worries over industry growth and sending its shares to …
China uses “dark fleet” to buy oil from Iran and evade U.S. sanctions
A CBS News investigation reveals that China is still secretly buying Iranian oil and evading U.S. sanctions by having the oil transferred from ship to ship in the middle of the sea.
Figma IPO raises its market share to $19.3B
Figma Inc. raised $1.2 billion with an initial public offering on Thursday, with shares trading for $33, which increased its market share to $19.3 billion.
China uses “dark fleet” to buy oil from Iran and evade U.S. sanctions in international waters
A CBS News investigation reveals that China is still secretly buying Iranian oil and evading U.S. sanctions by having the oil transferred from ship to ship in the middle of the sea.
20 million families to get $1,500 each as China begs parents to give birth to more children
China introduced its first national child subsidy, offering families ¥3,600 (£375; $500) annually per child under three, to counter falling birth ratesEligible parents may receive up to ¥10,800 …
Chinese Brands Are Really Killing It In Europe
Some brands like BYD and Xpeng grew more than 100% in a year. But some, like battery-swpping Nio, haven’t found their footing yet.
The modern potato evolved from a wild tomato fling 9 million years ago, scientists say
A chance encounter between a wild tomato and a potato-like plant 9 million years ago is why we have modern-day potatoes, according to new research.
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