A Shanghai court has recognized virtual currency as property under Chinese law, emphasizing that this does not permit its use as currency.
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Pony AI Nears US IPO as Self-Driving Rivalry With China Heats Up
Autonomous driving startup Pony AI Inc.’s upcoming US initial public offering will be closely watched, as Donald Trump’s second administration considers moves that could ramp up competition in the …
China’s High Court Rules Cryptocurrencies Are Not Prohibited as Commodities
Shanghai High Court rules crypto has “property attributes” under China law but bans its use in token issuance or as currency.
China’s hottest EV stock Xpeng faces earnings test after big run
“There has been a shift in investor sentiment for Xpeng, which used to be a top target for short-sellers in the China EV space,”said Shuyan Feng, deputy general manager for investment management at …
Asia to drive global growth as ‘China plus one’ pivot gains momentum amid Trump’s return
Diverting investments from China to neighbouring economies as a hedge against tariffs and geopolitical risks will boost Asia’s growth, HSBC’s Elhedery says.
Business leaders in Taiwan seek to reduce exposure in China
The Chinese government has long claimed the self-governed island as its own territory, and says it will never renounce the use of force to resolve that issue, if necessary.
ASML Holding N.V. (ASML): Reaffirms Guidance, Eases Concerns Over China Impact
We recently compiled a list of the 15 AI News Updates Worthy of Investor Attention. In this article, we are going to take a look at where ASML Holding N.V. (NASDAQ:ASML) stands against the other…
Mass casualty attacks in China put focus on mental health as economy slows
Two high-profile mass killings and a car crash at a primary school in just over a week are raising questions about how well-equipped China is to deal with the stresses of a slowing economy and…
US agriculture in crosshairs as Brazil and China cozy up
U.S. agricultural exporters have seen a marked decline in business to China over the past year or so as trade tensions simmer, and Brazil’s increasing ability to supply product has not helped the U.S.
China’s US treasury holdings decline
CHINA’S holdings of US treasury bonds fell to $772 billion in September, a drop of $2.6 billion from a month earlier, marking the third consecutive monthly decline, according to the latest data …
Hennessy staff strike over plans to bottle cognac in China
Bottling in China rather than France would allow companies to circumvent … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to …
Huawei’s plans to develop AI chips hit US export roadblocks, impeding China’s advance- report
Huawei Technologies’ plan to develop more powerful chips for AI and phones is facing hurdles due to the U.S. export curbs, Bloomberg News reported. The Chinese tech giant is designing its next two Ascend processors,
US Business Owners Sound Off on Impact of Potential Trump Tariffs
Tariffs may have large economic implications in a second Trump term if implemented, which one small-business owner told Newsweek would have a “domino effect.” …