China’s crackdown on technology companies is prompting global investors to look for new opportunities across Asia, contributing to a record jump in initial public offerings from India to South Korea …
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China’s fast-fashion spy machine: How shadowy teen brand Shein uses algorithms to harvest data on its users and find out what they want to buy – before its mega-factory spits …
Concerns are mounting at a senior Government level about the sinister surveillance tactics employed by Shein to get ahead of its rivals.
Fed chair Powell signals stimulus tapering could start this year, but warns of Delta variant risks – as it happened
Rolling coverage of the latest economic and financial news …
China Cuts Seafood Imports from Vietnam Over Covid Fears
The fisheries sector has been struggling to export to China after the country tightened import conditions due to fear of Covid-19 contagionWorkers place fillets of Swai fish to froze at factory in Can …
U.S. begins blocking solar panel imports from China
U.S. officials have begun blocking the import of solar panels they believe could be the product of forced labor in China, implementing a recent ban that could slow construction of solar-energy …
China’s ex-Prada brand ambassador faces punishment on tax evasion
… of Italian luxury fashion brand Prada, faces a whopping 299 million yuan ($46.1 million) in fines and back taxes due to tax evasion, according to state-run media. The case has attracted attention …
Indonesian logistics major J&T Express mulls shifting IPO from US to Hong Kong
The plan comes as companies with interests in China and looking to list overseas face intensifying scrutiny from regulators in Beijing. While J&T Express is based in Jakarta, the company is backed by …
China’s crackdown on crypto slashed competition for North American bitcoin miners – and earnings are soaring to record highs as a result
China’s crackdown on cryptocurrency mining gave miners outside the region tremendous opportunities for growth. Second-quarter earnings reveal that non-Chinese mining firms crushed revenues and …
China plans to ban overseas IPOs for tech firms with data security risks
Beijing said last month it planned to strengthen supervision of all firms listed offshore, a sweeping regulatory shift that came after a cybersecurity investigation into ride-hailing giant Didi Global …
VeChain is launching its carbon reporting blockchain platform.
VeChain supply chain management platform has announced a new service for companies to revisit their data management practices in …
China’s central bank official says cryptocurrencies have no actual value
An official of China’s central bank does not recognize that Bitcoin and other cryptocurrencies have actual value.
China’s SenseTime prepares for Hong Kong IPO despite tech regulations and US blacklist
China’s artificial intelligence start up SenseTime Group has identified the mainland’s tightening technology regulatory regime as a key risk for investors in its proposed Hong Kong initial public …
Data security law: China orders state firms to migrate to government cloud services
Notice comes just days before a national legislation comes into effect, with penalties of up to 10 million yuan for violations.
