U.S. Treasury Secretary Janet Yellen said on Friday that China is too large to try to export its way to rapid growth and would benefit by reducing excess industrial capacity that is pressuring other …
BUSINESS
Google sues alleged China crypto app racketeers: Report
Approximately 100,000 users have downloaded these fraudulent apps from Google Play, but the amount of lost user funds remains unknown.
Yellen meets foreign business leaders in China ahead of trade talks
U.S. Treasury Secretary Janet Yellen kicked off a trip to China on Friday with a morning meeting to hear the concerns of American, European and Japanese business representatives in the world’s …
US Treasury Secretary Yellen, in China, calls for level-playing field for US workers and firms
U.S. Treasury Secretary Janet Yellen smiles at the Business Leaders Roundtable meeting at Baiyun International Conference Center (BICC) in southern China’s Guangdong province, Friday, April 5, 2024.
Yellen returns to China to tackle economic challenges bedeviling ties with US
Janet Yellen has kicked off her second visit to China as US treasury secretary to continue efforts to further stabilize ties between the world’s two largest economies.
Authorities warn of growing ‘pig butchering’ crypto scam
Prosecutors in Brooklyn seized nearly two dozen web domains associated with a scheme known as “pig butchering,” in which scammers strike online conversations with unsuspecting victims, gain their …
Scammers con Google using 87 fake crypto apps on Google Play
Crypto scams are not new, and many unsuspecting people new to the crypto scene have become victims of them. According to the FBI’s internet crime data, crypto scams cost Americans $2.3 billion in 2022 …
Google sues crypto app scammers, Crypto.com in Korea: Asia Express
Google sues alleged Chinese crypto scammers, can it win? Alphabet’s Google subsidiary has filed lawsuits in federal court in New York against two Chinese nationals residing in Mainland China for …
Brooklyn DA says he shut down 21 websites linked to thefts of millions through crypto scams
Brooklyn District Attorney Eric Gonzalez announced Thursday the seizure of 21 web domains tied to so-called “pig butchering” financial fraud schemes.
Crypto Has ‘Too Many Tokens’ and Mergers Are Coming
including the more than $40 billion takeover of NXP Semiconductors by tech giant Qualcomm that failed after China blocked the deal. Another example was when Canada thwarted mining giant BHP Billiton’s …
DA says he shut down 21 sites stealing millions through crypto scams
Authorities in New York City say they have disrupted an online fraud operation that stole millions of dollars by duping victims into making phony cryptocurrency investments.
How Chinese oil imports are helping to support the regimes in Moscow and Tehran
As a result, in 2023 China reportedly saved approximately $10bn by procuring oil from sanctioned countries, including Russia and Iran. India too has long ignored demands, then pleas, by Washington to …
‘Pig butchering’ online crypto investment scams fleeced New Yorkers of $10.5M
The money disappeared. The woman’s investment was shuttled through various crypto address and finally deposited in an overseas cryptocurrency exchange. It was then cashed by someone, possibly from …
