The impact of lockdowns in China has been the major theme for retail earnings this season thus far. That trend will likely continue over the next two weeks.
Tagged By business
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Major cryptocurrencies bitcoin and ethereum crashed more than 10 per cent overnight as a painful month for owners of the digital coin became excruciating.
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Elon Musk’s purchase of Twitter could spell disaster for the social media platform because there’s a danger China may leverage Tesla’s footprint there to force him to censor …
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China’s soybean imports in April climbed from a month ago, helped by the arrival of cargoes delayed by poor weather and slow harvests in South America, customs data showed on Monday. The world’s top …
Nvidia fined $5.5M for allegedly hiding crypto impact on GPU sales
However, some members of the company’s workforce are reportedly said to have recognized that GPUs designed for gaming systems remained popular among the crypto mining community in particular. “The …
TikTok IPO Rumors Swirl
Asian markets were a sea of red except for China’s small gains, while Hong Kong and the Philippines were spared the carnage due to market holidays.
Domestic brands attract young consumers
We often exchange views on styles and production skills,” said Shu, adding that young consumers make up a big part of her clientele. Over the past few years, China has seen a surge in young…
Deribit and OKX attract significant traffic from China despite a blanket ban: report
A Cointelegraph exclusive report highlighted the rise in the use of virtual private networks among Chinese traders after the blanket ban. Recent data from Similarweb verifies that Chinese traders are …
China’s coronavirus controls are ‘throttling US business confidence’, American lobby groups says
A growing number of American firms are cutting revenue projections for China this year and say attracting foreign talent is becoming difficult, a new survey from a US business lobby shows.
Foreign business urges China to change course on Covid
“We understand China choosing to prioritize health and safety above all else, but the current measures are throttling US business confidence in China,” said Colm Rafferty, chairman for the chamber in …
