France’s BNP Paribas has cut a dozen jobs in mainland China and Hong Kong, a source with knowledge of the matter told Reuters, the latest among global banks to trim headcount amid a slowdown in…
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Prosus Gains $2 Billion on Swiggy Investment with IPO Valuation
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues to highlight the value of its portfolio outside of its stake in the…
China’s renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus
The ARJ21 is now to be known as the C909. The renaming plays into COMAC’s ambition to enter the global market.
AstraZeneca Talks Up US Growth as China Problems Fester
AstraZeneca Plc is increasingly looking to the US for growth as its once fast-expanding China business faces challenges amid a probe that has battered the drugmaker’s share price.
Trump signals hard line on China with hawkish cabinet picks
United States President-elect Donald Trump is filling his incoming administration with figures known for their hawkish views on China, signalling a tough line on Beijing in areas ranging from national …
How China reduced its reliance on US farm imports, softening trade war risks
Since the U.S. and China imposed tit-for-tat tariffs in their trade war during Donald Trump’s first presidential term, Beijing has taken steps to reduce its reliance on American farm goods in a wider …
CN GPU Unicorn Firm Moore Threads Launches A-Shr IPO
Moore Threads, a Chinese full-featured GPU unicorn enterprise, completed the tutoring filing registration with the Beijing Branch of the CSRC, and officially started the process of A-share listing, …
FIIs press the brakes on IPOs after selling shares worth nearly $3 bn in November
Swiggy, Sagility India, ACME Solar Holdings, and Niva Bupa Health Insurance — have collectively raised around Rs 18,534 crore. FIIs, however, have contributed only Rs 2,900 crore by way of bids, as …
Audi launches new brand in China to attract young people and expand presence in the electric vehicle market
The Audi has launched a new sub-brand in China called AUDI, with a simple logo that replaces the traditional four rings with uppercase letters. + Concept Cadillac from the 50s inspired by NASA …
U.S. lawmakers ask top fab tool makers about their sales to China
Before tightening export controls, U.S. legislators want to learn about sales of American producers of chipmaking tools to China-based entities.
Rubio and Waltz picks puts China back at the center of US foreign policy
President-elect Donald Trump’s expected choice of Sen. Marco Rubio and Rep. Mike Waltz as his secretary of state and national security adviser, respectively, indicates China is going to be at the …
The biggest risk to stocks after Trump’s victory is China’s reaction to a trade war, research firm says
According to chief market economist John Higgins of Capital Economics, the biggest risk looming for the S&P 500 is China, specifically, its potential reaction to another Trump trade war. “Perhaps the …
Nano Labs, a Nasdaq-listed Chinese Crypto Mining-Chip Designer, Announces Bitcoin Payment Acceptance
On November 11, Nano Labs, a crypto mining-chip designer based in Hangzhou and listed on Nasdaq, announced it will begin accepting Bitcoin as a form of payment. This decision is part of the company’s …