Futures pointed to a lower open for stocks in Japan and Austrlaia. Investor focus on Friday will likely be on U.S. President Donald Trump’s upcoming press conference, expected sometime on Friday … ( read original…
Tagged By beijing
Trump likely to slap limited sanctions on China over Hong Kong crackdown
U.S. advisors are debating sanctions against China for its crackdown on Hong Kong, but Trump appears to be leaning toward a limited response. ( read original story …)
Blockchain Bites: BlockTower’s Returns, Minecraft Goes Blockchain, ID2020 Shakeup
Meanwhile, Samsung and Minecraft have rolled out new blockchain integrations and Russia is mulling appending mortgage documents to its national distributed ledger. Here’s the story: Minecraft, one of … ( read original story …)
Hong Kong Ensnared in U.S.-China Showdown
The U.S. pronouncement that it no longer considers Hong Kong to. be independent from China paves the way for future sanctions, which could hurt … ( read original story …)
US technology chief warns China ‘twisting’ artificial intelligence to target critics, as America joins global pact
The chief technology officer of the United States on Thursday warned that China is “twisting” artificial intelligence (AI) in order to target government critics amid the coronavirus pandemic, as he … ( read original story …)
Tencent Is Pouring $70B Into New Tech Including Blockchain
The Chinese internet giant and creator of WeChat, Tencent, is earmarking funding for emerging technologies, including blockchain. ( read original story …)
If You Missed The IPO, Now Is The Time To Buy Kingsoft Cloud
IPO, the stock has corrected sharply to near-IPO levels on worries over a potential delisting due to a new bill that passed the Senate. ( read original story …)
U.S. Warns That China’s Expulsion of Navy Near Disputed Islands Is a ‘Serious Threat’ to Sea Travel
The Chinese military accused the USS Mustin of “illegally” entering waters claimed by Beijing near the Paracel Islands, but the Navy told Newsweek the ship “upheld the rights, freedoms, and lawful … ( read original…
New security laws blur line between Hong Kong and mainland China
Beijing government says new laws on security and the national anthem will not infringe on Hong Kong’s freedoms. Japan and other democracies criticized the move. The Trump administration said it no … ( read original…
Senator sees U.S. sticking to trade deal with China despite pandemic concerns
U.S. Senate Finance Committee Chairman Chuck Grassley on Thursday said he did not expect President Donald Trump to walk away from a Phase 1 trade deal with China despite concerns over Beijing’s … ( read…
China Loosens Business Travel From Korea and Germany, Pressuring Other Countries
As businesses world-wide struggle to resume operations, two planeloads of German executives traveling to China in coming days are raising pressure on foreign rivals to resume international business … ( read original story …)
Australian government asks China for same reduction in trade barriers as US
Request emerges as experts warn of ‘collateral damage’ from Xi Jinping and Donald Trump deal to end trade war … ( read original story …)
China’s Surging Nationalism Has Claimed Hong Kong
China’s Surging Nationalism Has Claimed Ho… The moment that many people have dreaded may have finally come for Hong Kong after Beijing announced a bill on May 21 to “safeguard national security” in … ( read…