Major companies and brands are investing money and technology into the metaverse with visions of endless marketing and promotion potential.
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World’s top chip equipment suppliers halt business with China
Leading US chip toolmakers have suspended sales and services to semiconductor manufacturers in China, in the first signs of how Washington’s new US export controls are disrupting the Chinese tech …
German business chiefs clash with Berlin over China policies
When German business chiefs got wind last month of an economy ministry proposal to screen all company investment going into China as part of a raft of new measures, there was uproar.
Glum Hong Kong dealmakers pin hopes on China Congress to revive economy, IPOs
Hong Kong dealmakers expect China’s 20th Party Congress next week to herald a shift in focus in Beijing back towards business and economic issues that could help revive the city’s IPO issuance from …
Hong Kong hopes China Congress could revive economy, reverse IPO slump
Hong Kong dealmakers expect China’s 20th Party Congress next week to herald a shift in focus in Beijing back towards business and economic issues that could help revive the city’s IPO issuance from …
China’s internet watchdog takes down 13 crypto trading apps
China’s financial and internet authorities have removed several crypto exchange websites and apps, including leading platform OKX, formerly known as OKEx.
Blockchain.com gets Singapore licence, second crypto firm to obtain approval this week
Singapore’s welcoming approach has helped the financial hub attract digital asset services-related firms from China …
Uniqlo operator posts record annual profit despite China slump
Japan’s Fast Retailing Co , owner of clothing brand Uniqlo, reported on Thursday a 19% jump in full-year operating profit.
TikTok owner ByteDance starts stock option buy-back, offering employees a higher price amid dim IPO prospects
The company priced the buy-back at US$155 per unit for current staff, up from US$142 in an April repurchase ByteDance has also rebranded its Douyin business unit with a new logo in an effort to…
China’s digital currency passes 100 bln yuan in spending – PBOC
Transactions using China’s digital yuan surpassed 100 billion yuan ($13.9 billion) as of Aug. 31, China’s central bank said on Wednesday, as the country continues its roll-out of a central bank …
China’s Sept Exports Likely Cooled Further on Weakening Global Demand: Reuters Poll
China’s export growth is expected to have slowed further in September as overseas demand weakens, adding to strains on the shaky economy amid COVID curbs and a property crisis, a Reuters poll showed …
Chip Industry Braces for ‘Heavy Blow’ From China Export Curbs
The Biden administration’s new restrictions on doing business with China are sending shock waves through the global semiconductor industry, with chip-equipment makers girding for perhaps the most …
Applied Materials Cuts Its Outlook, Blaming U.S. Chip Restrictions on China
The maker of chip-manufacturing equipment said revenue would be lower than it had predicted despite favorable developments in the supply chain.
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