Asian shares were mostly lower Friday in lackluster trading, as trade tensions between the U.S. and China offset optimism about more fiscal stimulus for the ailing U.S. economy. Investors were also … ( read original…
Tagged By business
China’s Exports Jumped in July as Global Demand Rekindled
(Bloomberg) — China’s exports rose in July as economic … bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ( read original story …)
Microsoft expands TikTok takeover ambitions to entire global business
Even adding the entire business to any deal does not resolve the enormous challenge of untangling TikTok’s technology from ByteDance. ByteDance had previously been working on separating the data and … ( read original story…
Blockchain can help ‘antique’ iron ore industry
Blockchain can help ‘antique’ iron ore industry. Aug 06, 2020 | 01:00 PM | Singapore | Paul Lim . Tags blockchain, iron ore, DBS Bank, letters of credit, LC, Sriram Muthukrish … ( read original…
Putin Outlines New Russian Crypto Rules And Banks Prepare For New Exchanges
Russia has revamped the rules of the cryptocurrency game within its borders. In short: cryptocurrencies like Bitcoin, Ether, and others can be traded, but no goods and services in Russia are allowed … ( read…
Ucommune Group Holdings withdraws $100 million US IPO in favor of SPAC merger
Ucommune Group Holdings, a leading provider of shared work space in China, officially withdrew its plans for an initial public offering on Thursday. It originally filed in December 2019 with a … ( read original…
Bitcoin Association to partner with CSDN on Bitcoin SV DevCon: China
Bitcoin Association, the global industry organization that works to advance business with Bitcoin SV, today announces the … ( read original story …)
Siemens CEO: China business performing better than pre-crisis
Siemens CEO Joe Kaeser discusses the impact of the coronavirus pandemic on the German engineering company’s third-quarter earnings. ( read original story …)
INTERVIEW: Blockchain can help ‘antique’ iron ore industry thrive amid global steel slump, DBS Bank says
Blockchain technology can help the global iron ore industry thrive amid the headwinds encountered by steelmaking countries around the world, according to Singapore’s DBS Bank. “Much of the iron ore … ( read original story…
‘China’s LVMH’ Shandong Ruyi resists Lycra sale in favour of IPO amid debt crisis: sources
One of the sources said Ruyi believed Lycra would be better valued via an IPO, rather than a trade sale. Last year Ruyi had suggested it could list the company on China’s new tech-focused STAR…
Siemens CEO says China business is doing better than last year
Siemens is seeing an improvement in its business in China but remains uncertain about the development of the United States market, Chief Executive Joe Kaeser said on Thursday. ( read original story …)
China’s Open Source Development Has Lessons for the US
While the U.S. complains about TikTok and Chinese IP theft, the superpower is forging a new form of development based on open source networks. ( read original story …)
China’s 500 top brands see 13% jump in value
The latest list of 500 most valuable brands in China was released on Wednesday, with the total value of top 500 brands reaching 24.69 trillion yuan ($3.86 trillion) in 2020, a 12.9 percent increase ……
