Samsung Electronics reported on Thursday a 55% drop in second-quarter operating profit as delays in high-bandwidth memory chip shipments and U.S. export curbs on advanced chip sales to China continued …
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China’s Wuxi Apptec to raise over $980 million to boost expansion
Wuxi Apptec said on Thursday it will be raising HK$7.70 billion ($980.98 million) through a share placement to aid its global expansion plans. The Chinese biotechnology giant will place 73.8 million …
US and China agree to work on extending the tariff pause deadline in trade talks in Stockholm
The United States and China have agreed to work on extending a deadline for new tariffs on each other after two days of trade talks in Stockholm concluded on Tuesday, according to Beijing’s lead …
China’s JD.com to acquire German electronics retailer Ceconomy for $2.5 billion
JD.com is set to acquire German electronics retailer Ceconomy in a 2.2-billion-euro ($2.51-billion) deal at 4.60 euros a share that Ceconomy’s CEO told Reuters would likely be completed in the first …
Trump blasted for ‘steep concessions to Beijing’ after chip deal, canceled Taiwanese visit
Democratic senators criticize Trump administration for ceding leverage to Beijing in trade talks while blocking Taiwanese president and reversing chip ban.
Beijing Court Jails Tech Executive 14 Years for $19.5M Crypto Laundering
Beijing court sentences tech executive Feng to 14 years for $19.5 million crypto laundering scheme using shell companies and exchanges.
Thailand and Cambodia reaffirm ceasefire after China-brokered meeting in Shanghai
BANGKOK — Thailand and Cambodia reaffirmed their shaky ceasefire on Wednesday after China helped mediate a peace process to end days of border fighting.
The new coronavirus variant surging in China has arrived in the … – MSN
The variant, NB.1.8.1, has been identified as the cause of Covid-19 resurgence in China and several other Asian countries. Experts in Europe are predicting a possible increase in cases there.
Ukraine imposes sanctions on Russia’s shadow fleet
Ukrainian President Volodymyr Zelenskyy has signed legislation which imposes sanctions against vessels transporting Russian oil and oil products. Source: website of the Verkhovna Rada (Ukrainian …
Vietnam’s China ties strengthen amid Trump tariff uncertainty
Vietnam’s cost advantage and dependence on Chinese parts are strengthening ties with Beijing, even with US tariffs.
‘All gone’: Beijing villagers left with nothing after deadly floods
Huairou (China) (AFP) — Villager Hu Yuefang returned her home in the rural outskirts of Beijing to pick up medicine for her elderly and disabled father, only to find it had been washed away by…
Beijing to ‘exert strength’ to drive growth; China’s dynamic cities: SCMP daily highlights
From China’s Politburo calling economic policy support to be stepped up to the Panama ports investigation, here’s a round-up from today’s coverage.
Live updates: Trump officials weigh extending China tariff truce; Fed expected to hold interest rates steady
The Senate voted along party lines last night to confirm senior Justice Department official Emil Bove to the 3rd U.S. Circuit Court of Appeals. Bove, a former personal defense attorney for President Donald Trump, faced…
