The slowdown adds to challenges facing China’s e-commerce giant, which has enjoyed double-digit revenue growth almost every quarter since it went public in 2014, as it navigates Beijing’s crackdown on …
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Crypto Exchange ZB Exchange Loses Nearly $5M in Suspected Hack, Pauses Withdrawals
The self-titled “world’s most secure” exchange may be the third crypto company to suffer a multi-million dollar exploit this week.
Bitcoin flat as China tensions increase
The crypto markets are broadly flat this morning, with the price of bitcoin having fallen 2 per cent to $22,873 over the past 24 hours …
Kingsoft Cloud Joins Chinese Companies Pivoting To Hong Kong As Delisting Risk Grows
Kingsoft Cloud has joined more than 100 companies that can be delisted in the U.S. amid an impasse in talks between Washington and Beijing. Read more.
China’s military drills around Taiwan threaten to upend global trade
China has already hit Taiwan with some trade curbs since Wednesday, including the suspension of some fruits and fish imports from Taiwan, and exports of natural sand to the island. The whole event may …
Alibaba stock shoots higher after company beats on earnings, says business improved in June
Shares of Alibaba Group Holding Ltd. were rising more that 5% in premarket trading Thursday after the Chinese e-commerce company topped expectations with …
China fires missiles in largest ever drills in waters off Taiwan
Taiwan’s defence ministry said several Dongfeng missiles had been fired in waters to the northeast and southwest of the island.
Apple Analyst Flags 2 China Risks From Geopolitical Tensions — And Potential Solutions
Apple, Inc. (NASDAQ: AAPL) may have to rework its strategy amid growing geopolitical tensions as it faces two major risks, according to noted analyst Ming-Chi Kuo.
Taiwan’s marine shippers, airlines re-route to avoid China’s military exercises, and costs will rise
Taiwan shippers and airlines are sticking to schedules despite China’s offshore military drills that kicked off following Nancy Pelosi’s departure Shipment delays are possible even though exercises do …
Bayer to attend China’s import expo for 5th year
Bayer, a leading company in life sciences, has announced that it will attend the China International Import Expo (CIIE) in November for the fifth consecutive year, demonstrating its unwavering …
Asia week ahead: Regional trade figures and China’s inflation report
Trade reports will be the focus for the coming week, while China will also release its latest inflation data China exports likely expanded by around 15% year-on-year in July as shipments for the …
Why Russia can’t bank on energy exports to India, China
As one of the world’s largest crude oil exporters with about 10% of the total market, approximately 50-60% of its oil exports goes to OECD Europe, while 20% goes to China. “Russia faces …
JD.Com Plays Matchmaker For Luxury Brands On Chinese Valentine’s Day
JD.com employed advanced marketing tactics to ensure business success and profits for luxury brands during the Qixi Festival.