Financial crime watchdog targets dealers of precious metals and gems – and experts say that’s just the start as non-financial sectors come under the money microscope.
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Inside China’s Pivot: Smarter Growth, Sharper Investing
China’s ambition to become a global AI leader is more than aspirational – it’s backed by substantial capital and national commitment. Click to read.
Exclusive: China polysilicon firms plan $7 billion fund to shut a third of industry capacity
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan ($7 billion) fund to acquire and shut down roughly a third of production capacity and …
Canadian arm of China’s largest bank accuses ex-CEO of ‘misconduct’ as it fights wrongful-dismissal suit
Lubin Wang alleges he was fired as ICBK’s top executive over efforts to comply with Canadian foreign-interference laws …
China Bank Savings nets P1.2B in the first semester
MANILA, Philippines — China Bank Savings (CBS) logged a 19-percent growth in its first-semester earnings. These reached a record-high P1.2 billion as its loan book expanded. In a statement on Friday, …
China Says US Exploited Old Microsoft Flaw for Cyberattacks
China accused the US of exploiting a flaw in Microsoft Corp.’s email servers to steal military data and launch cyberattacks on its defense sector.Most Read from BloombergThe World’s Data Center Capita …
China polysilicon firms plan $7 billion fund to shut a third of industry capacity
By Colleen Howe BEIJING (Reuters) -Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan ($7 billion) fund to acquire and shut down roughly a …
Trump admin cancels Taiwan president’s NYC stop amid Trump-China trade talks
Taiwanese President Lai Ching-te canceled his United States visit to New York City and Dallas after U.S. President Donald Trump’s administration urged him to avoid a stopover in the Big Apple, …
Beijing officials warm to the idea of a yuan stablecoin, driven by the ‘fear of missing out’
Some Chinese officials worry that the U.S.’s decision to embrace stablecoins through the Genius Act might reverse the trend of de-dollarization.
Apple revenues surge on strong iPhone sales and rebound in China
Apple’s sales in China have also suffered from competition from local handset makers such as Huawei and Xiaomi. However, revenue from China increased 4 per cent in the quarter from a year ago, hitting …
US-China Tariff Pause Set to Expire in August
This pause provided breathing room for negotiators and businesses affected by the trade tensions. The trade conflict between the U.S. and China escalated significantly in 2018 when the United States …
20 million families to get $1,500 each as China begs parents to give birth to more children
China introduced its first national child subsidy, offering families ¥3,600 (£375; $500) annually per child under three, to counter falling birth ratesEligible parents may receive up to ¥10,800 …
China Summons Nvidia Over H20 Chip Security Days After US Talks
Chinese authorities summoned Nvidia Corp. to discuss alleged security risks related to its H20 chips, casting doubt over the domestic business of the world’s most valuable company weeks after …
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