Infobird Co. Ltd. rose as much as 181% on Tuesday after raising $25 million in its initial public offering at a fixed price of $4 per share. Shares in the China-based customer engagement software …
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How PayPal Plans To Find Ground In China’s Payments Market Dominated By Alibaba, WeChat Parent Tencent
PayPal Holdings Inc (NASDAQ: PYPL) is planning to launch a local wallet in China that will focus on cross-border payments, CNBC reported on Monday citing Hannah Qiu, the China CEO for PayPal. What …
China starts large-scale testing of its internet of the future
Experimental network connects 40 leading universities to prepare for an AI-driven society five to 10 years down the track.
Oatly’s IPO health depends heavily on China
Oatly is soaking itself in China in more ways than one. The Swedish company that makes milk out of porridge oats on Monday filed for an initial public offering in the United States. Prospective …
Bitcoin price: Did a power cut in China cause crypto collapse?
“Several factors exacerbated liquidations of leveraged long positions and lower hash rate due to a power outage in China led to a 15 per cent correction.” Crypto expert Simon Peters, who works as a …
Tesla Knocks Keep Coming as China Chides Over Vehicle Safety
Tesla on Monday had an embarrassing moment at the big Shanghai Auto Show when an angry protester climbed on top of one of its display vehicles shouting that her car’s brakes had lost control. The…
Shanghai exchange hints at sale of global depositary receipts by Chinese companies in Switzerland amid fraying US-China ties
A plan to allow the listing of global depositary receipts by companies on the Shanghai and Swiss exchanges would represent the local bourse’s third cross-border connection, after a linkage with Hong …
China vows ‘bigger contribution’ in helping poor countries, with an emphasis on profitable infrastructure projects
China has deferred debt repayments worth US$1.3 billion for 23 countries as part of the Group of 20’s Debt Service Suspension Initiative, but Beijing officials are still pushing back against foreign …
China conducted an aerial bombing drill after the US and Japan put out a statement on Taiwan
The Chinese military deployed dozens of H-6K strategic bombers for a live-fire drill hours after the US and Japanese leaders put out their statement.
Xi Jinping says ‘bossing others around’ won’t work as US ups pressure on China
Chinese President Xi Jinping has called for global cooperation in the face of a growing anti-China front led by the United States, warning that an “open world economy” is essential to recovering from …
Xi Jinping of China Calls for Openness Amid Strained Ties With U.S.: Live Updates
China’s Xi delivers a message of openness, and a veiled warning to the U.S. Dogecoin fans push ‘Doge Day’ while global stocks fall. Exxon Mobil makes a pitch for capturing emissions and a carbon price…
China’s Xi warns against ‘unilateralism’ as tensions with US, neighbors rise
Chinese President Xi Jinping on Tuesday called for more equitable management of global affairs and, in an implicit rejection of U.S. dominance, said governments shouldn’t impose rules on others.
Tesla mulls cars tailored to China amid mounting criticisms
Tesla is working on vehicles tailored to Chinese consumers as complaints about the quality of its electric vehicles send shock waves through the internet in the country. The American EV giant is …