In the last 24 hours we’ve had big news from around the world, including China’s latest regulatory push, Apple making modest concessions regarding the App Store and, of course, startup news aplenty.
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U.S. begins detaining solar panel imports over concerns about forced labor in China
U.S. Customs and Border Protection has started detaining imported solar panels made with Chinese materials over concerns about forced-labor practices in China.
Bitcoin Has No Value: People Bank’s Of China Official Announces Further Crackdown
Bitcoin (CRYPTO: BTC) and other cryptocurrencies “are not legal tenders and have no actual value support,” according to Deputy Director of the Financial Consumer Rights Protection Bureau of the People …
Iraq to build first solar projects with China to reduce dependence on Iranian power imports
Iraq’s Ministry of Electricity signed on Wednesday a contract with China’s state-owned Power Construction Corporation of China (PowerChina) to build its first solar power plants with a capacity of …
China tech rally ends on report of new IPO rules; Alibaba Group falls 3.9%
The Hang Seng Tech Index closed 0.2 per cent lower in Hong Kong after rising as much as 2 per cent in the morning …
Fed chair Powell signals stimulus tapering could start this year, but warns of Delta variant risks – business live
Rolling coverage of the latest economic and financial news …
China Seeks to Ban Data-Rich Firms From U.S. IPOs, DJ Says
China will propose new regulations to block companies with large amounts of sensitive consumer data from floating shares in the U.S., Dow Jones reported, citing people familiar with the matter.
China plans to ban US IPOs for data-heavy tech firms: Report
China plans to propose new rules that would ban companies with large amounts of sensitive consumer data from going public in the Unites States, the Wall Street Journal reported on Friday (Aug 27), …
Diamante Blockchain Strengthens Its Presence Across the Globe
Diamante Blockchain Holdings Inc., a global fintech company, expands its virtual media presence across the globe. The company has been actively participating and growing its footprint by featuring in …
SenseTime, artificial intelligence platform founded by CUHK professors, files to raise at least US$2 billion in Hong Kong IPO
SenseTime Group , China’s largest artificial intelligence (AI) company, filed to go public in Hong Kong on Friday in one of the biggest technology offerings since Beijing cracked down on the country’s …
China’s regulatory landscape: Killing tech or setting it up for long term success?
The last few weeks have been increasingly haunting for China’s $4 trillion lucrative technology industry. The government has brought in sweeping changes through legislation on data security, stamping …
Chinese onion exports in the first 7 months of 2021 declined by 21.61% compared to the same period last year
China exported around 59,700 tons of fresh onions in July. The export value was around 41.5 million USD at an average export price of 0.70 USD per kg. The export volume shrunk by …
China Could Ban Some U.S. IPOs. Here’s What Investors Should Know.
China may prevent internet companies with user-related data from listing in the U.S., according to a report. It’s Beijing’s latest move as it tries to wrest more broad control over businesses and …