Apple’s China business accounted for more than 17% of its sales in its fiscal second quarter, coming in at $10.22 billion. China is considering cutting natural gas purchases from the U.S. in its … (…
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Shares of Saudi shopping mall giant slip in major IPO launch
Treasury Secretary Mnuchin says no plans to go to Beijing for… Treasury Secretary Steven Mnuchin … DUBAI — One of Saudi Arabia’s largest initial public offerings (IPO) in five years has slipped … ( read…
China Mobile expects 5G license this year as it watches Huawei developments
HONG KONG (Nikkei Markets) — China Mobile, the world’s largest mobile services provider by subscribers, expects to secure a license this year to provide commercial services based on high-speed … ( read original story …)
Prepare for difficult times, China’s Xi urges as trade war simmers
and saw several mobile carriers on Wednesday delay the launch of new Huawei smartphone handsets. During a three-day trip this week to the southern province of Jiangxi, a cradle of China’s … ( read original…
U.S.-China trade dispute could last ‘not just over months or years, but even decades’
on Yahoo Finance’s YFi AM. American presidents’ efforts to address the rise of China is nothing new. Smart said Bill Clinton may be credited as the first president to lead the charge. … ( read…
China cuts taxes to spur chip makers in face of U.S. pressure
BEIJING — China is cutting taxes on its fledgling software and integrated circuit industries as U.S. export controls threaten to handicap Chinese tech companies. The Finance Ministry’s announcement … ( read original story …)
Bank of China Council Member: Owning Bitcoin Is Still Legal in China
Holding Bitcoin Is Still Legal in China China has been one of the strictest countries for cryptocurrency enthusiasts due to the ban imposed on some crypto activities in the country. However, it is … (…
China’s big three airlines seek Boeing compensation over 737 MAX grounding
China’s three biggest airlines have asked U.S. plane maker Boeing Co to compensate them for losses caused by the grounding and delayed deliveries of 737 MAX jets, just as regulators gather to discuss … (…
Saudi Arabia’s largest IPO since 2014 begins trading
U.S. President Donald Trump’s latest tariff increase — and Beijing’s plans to counter them — are hitting … Saudi Arabia’s largest initial public offering (IPO) in five years has edged above … ( read original…
Stock Futures Mixed as U.S.-China Tech News Mulled: Markets Wrap
U.S. stock futures slipped and European contracts were little changed alongside Asian equities as traders digested the latest U.S.-China confrontations over technology. Treasuries were little changed … ( read original story …)
Think Tank: China’s ‘Skintellectuals’ Raise the Bar for Beauty Brands
As the global skin-care industry undergoes a scientific revolution, vague promises of a younger-looking face are no longer enough for savvy Chinese beauty shoppers. A trend that has manifested in the … ( read original…
Is the Luckin Coffee IPO a potential yummy four bagger?
Luckin Coffee, the Xiamin based Chinese Starbucks, priced its IPO at the higher end of its $15 – $17 range. Luckin was founded a mere two years ago with a single store in Beijing but…
Washington and Beijing in ‘contest of wills’ in South China Sea
China and the United States have entered a “contest of wills” in the South China Sea, according to analysts. The assessment follows the latest passage of a US warship through disputed waters near the ……
