The Stoxx 600 European index is up about 9% this year, even after suffering a 5.7% decline in May as tension escalated between the U.S. and China. The automotive subsector is up 4.6%. Fundraising from…
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Chinese blockchain entrepreneur Justin Sun won Warren Buffett’s charity lunch with $4.6M bid
“But no, I wouldn’t be the person to be a big leader in blockchain.” This is the fourth time a Chinese bidder won the race and publicized their identity. With Buffett’s popularity in China, where…
Chinese blockchain entrepreneur Justin Sun won Warren Buffett’s charity lunch with $4.6M bid
“But no, I wouldn’t be the person to be a big leader in blockchain.” This is the fourth time a Chinese bidder won the race and publicized their identity. With Buffett’s popularity in China, where…
China’s Plan to Boost Baby Formula Output Hits Foreign Suppliers
Under the new program, China aims to exceed 60% self-sufficiency for baby formula and improve the quality of domestic brands in its $27 billion infant-formula industry. Authorities are seeking to … ( read original story…
Q&A: Jerry Clode on His New Agency in China, the Trade War with America, and More
… Hand Jerry Clode has left his position as Head of Digital and Social Insight at Resonance China and launched a new agency, The Solution, to “help brands get to the next level in China…
China warns students, academics about risks of studying in U.S. amid deepening tensions
China’s Ministry of Education cited a series of difficulties … Institutions such as Harvard, Yale and MIT define the “famous brand” of schools that are the object of educational ambition for many … ( read…
Why Most Luxury Brands Fail with Chinese Millennials
While the majority of brands entering China have a steep learning curve, nearly every brand is not maximizing their potential in the market today. Here are five reasons why brands are leaving good … (…
China’s Latest Crypto Rankings: EOS Retains Top Spot, Bitcoin in 12th Place
EOS and Tron continue to dominate first and second place respectively, with Bitcoin enjoying a boost as it rises up to 12th place. China updated its cryptocurrency rankings on May 23, with EOS … (…
Chinese software nasty enslaves stadium-load of servers, puts them to work digging up digital dosh in crypto-mines
Senator: US govt staff may be sending their smartphone web traffic ‘wrapped in a bow’ to Russia, China via VPNs More than 50,000 servers around the world have been infected with malware that installs ……
US-China Trade War Could Cause Recession in 9 Months
The world could experience another recession in as soon as nine months if the US-China trade war continues, according to some economists. The US-China trade war was escalated by U.S. President Donald … ( read…
Crypto Pioneer Pays $4.57 Million for Lunch With Buffett
Sun previously founded Peiwo, a Snapchat-like app for China with millions of users … All About Bitcoin, Blockchain and Their Crypto World: QuickTake The bidding war for the lunch started May 26. It … (…
Coinbase Says Chief Operating Officer Has Left Crypto Exchange
She started her Silicon Valley career at Yahoo! Inc. and worked on the original Alibaba investment and Flickr acquisition, Coinbase said. Choi also worked at LinkedIn Corp., where she drove the … ( read original…
Proactive checks on crypto risks needed, global watchdog FSB says
Regulators’ approaches have varied from a near-total ban in China to Japan’s efforts to … The Switzerland-based FSB said crypto-assets – a term that includes bitcoin and No.2 digital coin … ( read original story…
