BofA lowered rating on software developer Ansys (NASDAQ:ANSS) to “underperform” from “buy” amid concerns around broader demand trends and US-China export restrictions. The brokerage, which also …
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Blockchain Technology is Key to Accelerating AI Adoption, According to New Report
Based on a survey of 608 IT decision makers across the US, Europe and China, the report explores how businesses are currently working with AI and blockchain, the major adoption hurdles they continue …
Did China just kill peace in the Middle East?
Chinas sees Russia in Ukraine and Iran in Israel creating challenging obligations and headaches for the U.S., making any pivot to Asia ever more difficult.
US and China on cusp of deal to crack down on fentanyl
US officials are finalizing an agreement with China to crack down on the export of the source chemicals used to make fentanyl, according to two people familiar with the matter.
Japan’s cosmetic brands face tough operational challenges, losses in China amid declining consumer sentiment
Japanese cosmetic brands have been facing tougher challenges with their operations in China amid declining consumer sentiment after Tokyo’s dumping of nuclear-contaminated wastewater into the ocean.
China will aim to humiliate Biden. Xi’s economy is in tatters and he needs a win
President Biden and China’s Xi Jinping will meet in San Francisco on Wednesday. The U.S. should have the upper hand at this meeting but I suspect Biden will be submissive not assertive.
Why businesses are pulling millions in profits from China
Foreign businesses have been pulling money out of China at a faster rate than they have been putting it in, official data shows. The country’s slowing economy, low interest rates and a geopolitical tussle with…
Xi agrees to clean up his own mess! Biden and Chinese president will announce deal on export limits on fentanyl – after deadly opioid flooded America and left San Francisco facing homeless vagrant crisis
U.S. President Joe Biden and Chinese President Xi Jinping are set to announce an agreement for China to crack down on the manufacture and export of fentanyl.
Reports of China’s economic demise have been exaggerated
Despite headwinds, China is geared to grow more than most major economies this year, and the Red Dragon will continue to power the global economy for years to come.
Crypto exchange Bitget pulls out of Hong Kong, stops pursuing licence, months after launching new platform
The operator of the 12th-largest crypto exchange said its Hong Kong platform BitgetX will shut down on December 13, citing ‘market-related considerations’ Bitget is one of a handful of exchanges to …
Crypto Users Targeted in Chinese Phishing Scam Using Fake Skype App
A sophisticated phishing scam originating from China has been targeting cryptocurrency users through a counterfeit Skype application. The scam, uncovered by the crypto security company SlowMist, has led to the theft of
EMERGING MARKETS-Asian FX retreats, equities mixed ahead of US inflation data
Baht down about 0.4% * S.Korean won slips 0.6% * Philippine c.bank to keep rates unchanged – Reuters Poll * China retail sales, industrial output data awaited By John Biju Nov 14 (Reuters) – Most…
Xi and Biden to try to ease tensions as Taiwan looms over US-China talks
Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. Joe Biden and Xi Jinping are expected to hold frank talks about Taiwan when the US and Chinese presidents meet…