China’s economy loses momentum in July after poor Q2 Economists … unless they accept slower growth and the prospect of a downward spiral in consumer and business confidence. “The current economic …
Tagged By crypto
21 North Korea crypto devs make $500K a month – ZachXBT
ZachXBT, a blockchain investigator, has discovered evidence of a sophisticated network of North Korean developers who earn as much as $500,000 per month by working for “established” crypto projects.
CHINA UNICOM Opens Up 4%+ as Interim NP Beats
CHINA UNICOM (00762.HK) opened 4.2% higher today. It last stood at $6.48, up $0.22 or 3.5%, peaking at $6.59, with a volume of 10.2 million shares and an amount of $66.7 million. The company had…
U.S. Lawmakers Call for Probe into China’s TP-Link Over Cybersecurity Concerns
Two U.S. lawmakers have requested the Biden administration to investigate China’s TP-Link Technology Co for potential national security risks tied to its widely used WiFi routers. The call comes amid concerns that these routers could…
China’s Electric Vehicles Lose Ground in EU After New Tariffs Take Effect
European Union tariffs slowed the influx of Chinese-made electric vehicles in July, as the bloc moved to protect its automakers from low-cost competition.
Tencent’s Earnings Show Signs of Comeback in China’s Tech Market
There is still a lot of work to be done, but it is starting to look like the technology sector in China’s stock market could soon be about to pose a recovery. There are not…
Trump owns more than $1 million in crypto and made $300K on branded Bibles, financial disclosure shows
Former President Donald Trump owns more than $1 million in cryptocurrency and made $300,000 on branded Bibles, a personal financial disclosure form released Thursday shows.The branded Bible, listed in …
China’s oil demand dips, ticks down as economic ebb eases fuel imports
Reduced economic activity and greater adoption of green energy has softened China’s oil imports, a change so significant it has altered projections for global energy purchases.
China-Based Autonomous Driving Company WeRide Looks To Raise $440M Via US IPO And Private Placement
China-based autonomous driving startup WeRide said on Friday that it is looking to raise up to $440 million in a U.S. initial public offering and subsequent private placement. What Happened: WeRide is …
Tech war: China pumps up state subsidies for chip industry to counter US sanctions
Government subsidies granted to Huawei, SMIC, Naura Technology and other major chip players in China swelled in 2023, a Post analysis found Government subsidies received by leading players in China’s semiconductor industry – including foundries,
China e-commerce group JD.com beats profit forecasts in second quarter
Chinese e-commerce giant JD.com beat estimates for quarterly profit on Thursday, helped by a mid-year sales festival and aggressive price cuts that drove more cost-sensitive consumers to its platform.
Saudi Aramco seeks to deepen ties with China in petrochemicals and low-carbon solutions
Apart from supporting China’s long-term energy security, Aramco is eyeing investment opportunities in the downstream sector, Mohammed Al Qahtani says.
A US$1 trillion property bailout is the last thing China’s economy needs
Stimulus right after a deflated bubble risks a debt mire. Better to invest in China’s green tech and harness global talent to ensure prosperity.
