EssilorLuxottica’s shares slipped on Friday as a downturn in its China business overshadowed the French-Italian eyewear company’s overall better-than-expected first-quarter sales. The group, which …
Tagged By business
China’s yuan hits 9-month low as economy stumbles
China’s yuan extended losses to hit nine-month lows against the dollar on Friday and looked set for its worst week since a 2015 devaluation, sparking questions over whether authorities were allowing …
China’s NFT Plans Are a Recipe for the Government’s Digital Control
China’s vision of the next iteration of the internet is one in which China controls and vets who can build on it.
China’s yuan is set for its worst weekly drop against the dollar since 2015, as investors rush back to the US
“Foreign money leaving the China equity and bond markets is in danger of becoming a flood,” one market analyst said of the dangers to the yuan.
South China Morning Post’s second NFT collection, featuring newspaper front pages in 1997, sold out in just over two hours
The digital collectibles contain the newspaper’s coverage of historical events, including the handover of Hong Kong and the Asian financial crisis.
A top FCC official accused Tim Cook of hypocrisy for talking up Apple’s commitment to human rights while censoring apps in China
FCC Commissioner Brendan Carr said Cook’s recent comments “founder upon the harsh reality of your actions in China.” …
China’s commerce ministry solicits on export restriction targeting military use
Chinese commerce ministry on Friday solicited regulations on export control of dual-use items, the latest extension of the specific guidelines for export controls, more than a year since China enacted …
US could lower China tariffs to combat inflation, White House adviser suggests
Washington is weighing a reduction of tariffs on non-strategic goods from China such as bicycles and apparel, a White House national security official said on Thursday, as part of efforts to combat …
Visa and Mastercard have already cut ties with Russian banks. Now China’s largest credit card brand might be pulling out too
When Russia’s invasion of Ukraine prompted payments giants Visa and Mastercard to suspend services in the country, Moscow expected it could lean on the Chinese alternative, UnionPay, to plug the holes …
China arrests IPO ‘Big Sister’ from investor protection bureau on bribery charges
BEIJING (BLOOMBERG) – China’s top prosecutor has arrested Zeng … The veteran official, who worked at the securities regulator for more than two decades until 2019 and was known as IPO “Big Sister”, …
China to step up export tax rebates to stabilise foreign trade
China will step up export tax rebates to stabilise foreign trade, the State Taxation Administration said in a notice on Friday.The administration said it will simplify the rebate procedure and improve …
China Arrests IPO ‘Big Sister’ From CSRC on Bribery Charges
China’s top prosecutor arrested Zeng Changhong, a former official at the China Securities Regulatory Commission’s investor protection bureau, on suspicion of taking bribes.Most Read from …
China SiC substrate supplier to raise funds through IPO
TankeBlue Semiconductor, a Beijing-based silicon carbide (SiC) substrate supplier, plans to raise funds through an IPO to enhance its working capital for technology R&D and production ramps, according …
