China’s biggest chipmaker Semiconductor Manufacturing International Corporation jumped 2.8% from a two-week low, and peer Hua Hong Semiconductor rallied 3.5%. In Hong Kong, shares in Trip.com surged 5 …
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China’s Chip Advances Stall as US Curbs Hit Huawei AI Product
Huawei Technologies Co.’s ambitions to create more powerful chips for AI and smartphones have hit major snags because of US sanctions, stalling a major Chinese effort to match American technology.
Hennessy staff strike over plans to bottle cognac in China
Bottling in China rather than France would allow companies to circumvent … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to …
Huawei’s plans to develop AI chips hit US export roadblocks, impeding China’s advance- report
Huawei Technologies’ plan to develop more powerful chips for AI and phones is facing hurdles due to the U.S. export curbs, Bloomberg News reported. The Chinese tech giant is designing its next two Ascend processors,
Chinese Stocks Slide Amid Economic Uncertainty
Chinese stocks hit a two-week low, while Hong Kong shares stabilized as investors keenly awaited updates on economic stimulus from Beijing and U.S. trade policies. Despite losses in the communication …
China unveils plan to catch can of Martian rock samples in space and bring it back
China unveils plan to catch can of Martian rock samples in space and bring it back – Conventional orbital docking and transfer method may not work effectively on Mars due to its weaker gravity
US Business Owners Sound Off on Impact of Potential Trump Tariffs
Tariffs may have large economic implications in a second Trump term if implemented, which one small-business owner told Newsweek would have a “domino effect.” …
China’s debt cleanup leaves less cash for big building projects
CHINA’S push to improve the finances of cash-strapped localities will mean they have less money to spend on big infrastructure projects because for the first time funds from the sale of new local …
Swiss Watch Exports Fall Again Amid Plummeting Demand in China
Swiss watch exports fell for a second straight month in October as a sharp drop in shipments to China offset growth in the US.
China offers a ‘unique diversification opportunity,’ says Bridgewater’s co-CIO
Bob Prince said diversification is one of the most important themes for investors today because geopolitical problems are causing de-globalization.
China’s CNPC to secure 4.7% more natural gas for winter heating this year
China, the world’s largest importer of LNG … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop …
China’s ByteDance values itself at $300 bn despite a looming threat to its business, what’s the maths
Despite facing the threat of a possible ban in the US, TikTok’s Chinese parent company ByteDance has set its valuation at $300 billion, the highest seen to date, but what’s the reason behind it? Read…
HKEX CEO sees IPO pipeline ‘looking really good’ for Hong Kong after China signals support
Bonnie Chan, CEO of Hong Kong Exchange and Clearing, says that there is increasing interest to list in Hong Kong after China’s securities regulator said in April that it will support the listing of …
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