Secretary of State Mike Pompeo and the White House economic adviser, Kevin Hassett, signaled the Trump administration would punish China. ( read original story …)
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A Taiwanese semiconductor titan is at the heart of the US-China tech fight
The world’s largest semiconductor foundry is finding it hard to maintain neutral between the two super powers. ( read original story …)
Will China look to U.N. agencies to restore damaged reputation?
It’s clear that China treats the World Health Organization (WHO) as its own tool for “managing” whatever crisis situation arises. Is the U.N. Educational, Scientific and Cultural Organization (UNESCO) … ( read original story …)
Asia Today: India’s cases surge again, China opens Congress
India is reporting its biggest single-day spike in virus cases ahead of a resumption of domestic flights after a two-month halt … ( read original story …)
Qualcomm president says company’s ‘business model may be a stabilizing force’ between U.S. and China
As tensions continue to rise between the United States and China on everything from trade to coronavirus related actions, some American companies are concerned about being caught in the crossfire. ( read original story …)
Post-IPO Review: Wanda Sports Group Slims Down
Wanda Sports Group (WSG) went public in July 2019, pricing its shares at $8.00 in a U.S. IPO. The firm provides a range of sports events and related marketing services worldwide. ( read original story…
SmartCard Marketing Systems Inc. (OTC:SMKG) China Releases E-Yuan Cryptocurrency, A Major Opportunity For Our Payment Rails
The news creates a major opportunity for the company, as the company has been hedging significant investment resources in development over the past 3 years in developing a world class Payment Rails … ( read…
China’s Tighter Grip on Hong Kong Shakes City’s Business World
The territory’s stock market plunged amid expectations that money would soon be leaving the Asian financial hub, which faces tough new measures from Beijing and retaliation from the United States. ( read original story …)
U.S.-China tensions could become a bigger headwind for the stock market
Rising tensions between the U.S. and China could become a more persistent headwind for markets, as the the presidential election approaches. ( read original story …)
Stocks Tumble on China Crackdown Worries: Live Business Updates
Mr. Li’s report said China would ramp up government spending by $140 billion to stir growth, plus issue a similar amount on bonds for coronavirus recovery efforts. While significant, the spending … ( read original…
Local Chinese government seeks to ‘ban’ crypto mining activities, sources say it doesn’t mean much
Local government authorities in China’s Sichuan province have issued a notice, seeking to “ban” crypto mining activities in the region. The notice, issued by the financial administrator of Sichuan to … ( read original story…
China defence spending rise at three-decade low, still to grow 6.6%
China’s defence spending this year will rise at the slowest rate in three decades but will still increase by an impressive 6.6% from 2019, as the country grapples with what it sees as growing security…
Hong Kong Stocks Tumble on China Crackdown Worries: Live Business Updates
Hong Kong stocks fell by more than 4 percent in early Friday trading after Chinese leaders announced their plans to tighten their grip over the territory and to boost government spending to battle the ……