Applied Materials forecast second-quarter revenue below market estimates on Thursday, expecting escalating geopolitical tensions and soft demand for memory chips used in consumer electronics to weigh …
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UAE expects more cooperation with China in maritime industry
Hashmi said the UAE government has placed a strong emphasis on sustainability and digital transformation in the maritime sector, aligning with international efforts to reduce emissions, enhance …
Hong Kong to ease IPO rules for mainland Chinese firms in boost for global ambitions
Market watchdog and exchange are studying the issue and will propose changes this year, treasury chief Christopher Hui says.
The digital cold war: AI, Blockchain, Fintech, and the U.S.-China battle for financial dominance
Blockchain networks … mirroring the growing geopolitical divide between the U.S. and China. • Satellite internet is becoming a tool for financial control. • Countries that adopt one side …
EXCLUSIVE: Montenegro Will Extradite Convicted Money Launderer to China
Wang Shuiming faces charges in China for alleged illegal gambling, and was convicted in a huge money laundering case in Singapore.
Live: Trump imposes 25% tariffs on steel, aluminum imports; reciprocal duties are coming soon
Yahoo Finance will chronicle the latest news and updates on Trump’s tariffs — from the threats to the eventual policy.
China’s smartphone brands embrace DeepSeek’s AI models as Apple partners with Alibaba
Apple and its rivals in the Chinese smartphone market are in a heated race to adopt the country’s fast-improving artificial intelligence (AI) models, including those from DeepSeek and Alibaba Group …
Apple’s iPhone Will Use Alibaba AI in China, Joe Tsai Says
Apple Inc.’s iPhones will use Alibaba Group Holding Ltd.’s artificial intelligence technology in China, the Chinese firm’s chairman said, affirming reports that the e-commerce pioneer had scored a …
China’s boba tea craze makes another billionaire: Meet Yun’an Wang, whose net worth rose to $1.1 BN in one day
A $233 million Hong Kong IPO on Wednesday rocketed Wang’s net worth to $1.1 billion, according to the Bloomberg Billionaires Index, even as Guming’s shares finished 6.4% below the listing price at …
Six Men Charged in $15M Crypto Kidnapping Case
Six men are charged in a $15M crypto kidnapping, with suspects fleeing to China. FBI tracks stolen funds and fugitives.
CATL, China’s top EV battery maker, eyes global dominance with US$5 billion IPO cash reload
Overseas business made up 31 per cent of CATL’s total sales in the first nine months of 2024, versus 32.7 per cent in 2023, according to exchange filings.
Is China ending its stint as major global grain importer?
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop…
Chinese Police Crack $136M Crypto-Linked Money Laundering Scheme
China’s crypto crackdown leads to a $136M money laundering bust, exposing underground banking networks using digital assets.