Its shares have plunged 28 per cent from a March high, nearly double the loss of China’s other tech giants. Read more at straitstimes.com. Read more at straitstimes.com.
Tagged By blockchain
China’s 100K TPS blockchain, Japan’s Minna Bank eyes Solana: Asia Express
China’s Chang’an blockchain hits 100K TPS — but don’t mention “crypto”, Japan’s Minna Bank looks to issue stablecoins on Solana, Asia Express …
China’s cloud services spending hits US$11.6 billion in first quarter on AI-related demand
Alibaba leads the market with a 33 per cent share, followed by Huawei and Tencent with shares of 18 per cent and 10 per cent, respectively.
Why More Luxury Chinese Home Brands Are on the Horizon
MILAN-The evolution of Chinese luxury furniture has been in a deep slumber since the dawn of the socialist market economy, but a cultural awakening is fueling a design renaissance. After opening its …
China mind-controls bees with ‘world’s lightest brain chip’ for spying, rescue ops
A team of scientists at the Beijing Institute of Technology has developed the world’s lightest insect brain controller. The device weighs a tiny 74 milligrams, making it lighter than a sack of nectar …
America Needs More Than Innovation to Compete With China
China has considerable advantages, and neither superpower seems eager to cooperate to avoid catastrophe. And given AI’s world-changing potential, the stakes are profound: losing risks relegating the …
DUV Demand Powers ASML Holding in China: Will Export Curbs Cut It Off?
Strong demand for DUV lithography systems is driving sales in China, but export curbs and trade tensions threaten future momentum.
Uniqlo Owner’s Quarterly Profit Drops on Weaker China Business
Fast Retailing reported lower third-quarter net profit as its Uniqlo business struggled in China amid weak consumer appetite in the world’s second-largest economy.
China’s Ant Group With 1.4B Users Taps Circle to Integrate USDC
Ant Group partners with Circle to integrate its stablecoin USDC into its global blockchain platform, marking a major step in regulated stablecoin adoption.
Ali Baba’s Ant Group Taps Circle To Bring USDC Into China’s Blockchain Ecosystem
Alibaba’s Ant Group is working with Circle to bring USDC into its blockchain network. The move could dramatically expand USDC’s reach, especially in Asia. Ant …
Jack Ma’s Ant Group plans to integrate Circle’s stablecoin on blockchain platform – report
Jack Ma-backed Ant Group, an affiliate of China’s e-commerce giant Alibaba Group (NYSE:BABA), is working with Circle Internet Financial (NYSE:CRCL) to bring the USDC stablecoin to its blockchain …
China car sales jump 13.8% in June as EV makers slashed prices
China’s vehicle sales grew 13.8% year-on-year to 2.904 million units in June 2025, following an 11.2% increase in May, according to data from the China Association of Automobile Manufacturers.
Stablecoins under scrutiny in China, warns against illegal fundraising
China issued a warning against illegal fundraising risks tied to stablecoins, emphasizing the importance of compliance and safety in digital financial practices. The Beijing Internet Finance …
