SMIC, China’s biggest chipmaker, kicked off a major 46.28 billion yuan ($6.6 billion) share sale on Tuesday. The contract semiconductor manufacturer is seen as a key player in China’s ambitions to … ( read original…
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Live updates: Trump says in audio that he threatened to bomb Moscow and Beijing; more tariff rates released
Live updates: Trump told donors he threatened to bomb Moscow and Beijing, audio reveals
Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems
Live updates: Trump told donors he threatened to bomb Moscow and Beijing, audio shows
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China’s biggest chipmaker is up over 200% this year as it begins $6.6 billion share sale
Now, Mumbai overtakes China in corona deaths and cases
Mumbai, July 7 : In yet another disturbing development, the number of COVID-19 cases and deaths in Mumbai has now oustripped China, where the pandemic reared its head in late 2019, according to the ……
China’s Shenzhen rises nearly 2% as mainland stocks build on Monday momentum
Stocks in mainland China continued to lead gains among the region’s major markets for a second day after Monday’s blockbuster gains, with the Shenzhen component jumping 1.717% on Tuesday. ( read original story …)
Alibaba and COSCO team up on blockchain and shipping
Alibaba is teaming up with the world’s third-largest shipping firm, but the partnership faces still competition from IBM and Maersk. ( read original story …)
Chinese AI start-up Cambricon to raise US$367.7 million through IPO on Shanghai’s Star Market
Cambricon, one of China’s most valuable AI chip start-ups, has set a listing price of 64.39 yuan per share on Shanghai’s Star Market. ( read original story …)
Treasury yields lower as coronavirus cases rise, China extends rally
U.S. government debt prices were higher on Tuesday morning, as investors closely monitored economic data and Treasury auctions. ( read original story …)
Beijing tops annual average salary rankings in China
Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. [Photo/Agencies] Beijing topped the annual average salary rankings in China in both the nonprivate and private sectors … ( read…
China Tries to Cool Down an Easy-Money Financial Trade
Companies borrowing to put money into a hot financial product called structured deposits may be holding back a recovery. ( read original story …)
China Shares Climb Even as Global Rally Pauses: Markets Wrap
The global equity rally paused Tuesday after a strong start to the week Monday, with the notable exception of further gains in China. The dollar pared losses. ( read original story …)
Asian shares hit speed bump, China extends sharp rally
Asian shares paused for breath on Tuesday following a surge sparked by speculation Beijing is trying to orchestrate a major domestic bull run to support an economy hit by the coronavirus and a … (…
Three reasons India can’t quickly distance itself from China despite the border clash
Experts say it is difficult for New Delhi to disengage from Beijing and reduce its ties in the near term because of how intertwined the countries have become in recent decades. ( read original story…
China launches political policing task force: state media
China has launched a special taskforce to ramp up political policing to maintain social stability, said the official Procuratorial Daily, the latest move to rein in dissent over Beijing’s handling of … ( read original…
Asia Today: China’s university exam begins after virus delay
Almost 11 million students began taking China’s university entrance exam Tuesday after a delay as the country worked to bring down coronavirus infections. The grueling two-day university entrance exam … ( read original story …)
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