Citigroup has laid off 3,500 technology staff in mainland China as part of the bank’s push to cut costs and streamline its global operations amid a broader turnaround effort. The cut affects a …
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South China Sea joint statement says China’s maritime claims have no basis
After a decade of trying, China just installed a Shenzhen supercomputer ranked the most powerful on Earth, and the Top500 confirms it
Beijing Guoan mourns its former player Manú’s death
‘No legal basis’: US, EU and 13 nations reject Beijing’s South China Sea claims
Typhoon Bavi weakens but still brings strong winds and rain to China
Five Guys to open in Beijing as more US chains hunger for success in China
14 nations and the EU reaffirm 2016 ruling invalidating China’s claims in South China Sea
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Citigroup lays off 3,500 tech staff in China
Citi Cuts Tech Staff in China, Presses on With Brokerage Plan
Citigroup will reduce its technology workforce in China by about 3,500 as part of ongoing restructuring to streamline global operations.
Transcript: What drives China’s strongman leader?
This is an audio transcript of the Rachman Review podcast episode: ‘What drives China’s strongman leader?’ Gideon Rachman Hello, and welcome to the Rachman Review. I’m Gid …
Hong Kong Set to Allow Crypto Derivatives Trading
Hong Kong’s securities regulator plans to allow professional investors to trade crypto derivatives, expanding the territory’s virtual asset market. The crypto derivatives market is significantly …
China’s $50B Airbus Power Play Deals Crushing Blow to Boeing in Tariff War Standoff U.S. Aviation
China is preparing to make a massive purchase of airplanes from Airbus, one of Europe’s biggest aircraft manufacturers. The potential order could include up to 500 aircraft, which would make it one of …
China issues warrants for alleged Taiwanese hackers and bans a business for pro-independence links
China issued warrants Thursday for 20 Taiwanese people it said carried out hacking missions in the Chinese mainland on behalf of the island’s ruling party, while separately banning dealings with a …
Auto industry sounds the alarm as China’s rare earth curbs start to bite
China’s Ministry of Commerce in early April imposed export restrictions on several rare earth elements and magnets widely used in the automotive, defense and energy sectors. Some of the affected rare …
China increases scrutiny of rare earth magnets with new tracking system
China has introduced a tracking system for its rare earth magnet sector, three sources said, as its export restrictions on them begin to cut off customers around the world.
China’s Sichuan province to offer extended marriage and maternity leave
Health authorities in China’s southwestern Sichuan province are proposing to extend marriage leave up to 25 days and maternity leave up to 150 days, to help create a “fertility-friendly society” which …
China’s services sector growth accelerates in May amid stronger business & activity
The Caixin China General Services PMI rose to 51.1 in May 2025, up from April’s seven-month low of 50.7 and in line with market forecasts, supported by faster growth in new business and activity, …
Former Australian PM Malcolm Turnbull: I’m sure that Trump will not get his way with China
Malcolm Turnbull says that China’s relatively consistent and measured approach compared to the U.S.’s erraticism will be welcomed by many countries, that it is dawning on Trump he cannot bully China,
Citi to cut 3,500 tech jobs in China as part of global revamp
US bank said some of the roles would be moved to its technology centres elsewhere. Read more at straitstimes.com. Read more at straitstimes.com.
Loans issued from China’s housing provident fund slow in 2024: report
China issued more than 1.3 trillion yuan ($181 billion) in 2024 under the country’s housing provident fund programme for individual mortgage loans, down 11.4% from the previous year, according to …
