Intel calls off $5.4 billion chip deal after failing to get regulatory approval
Intel has pulled out of a major acquisition of an Israeli chipmaker after failing to obtain the required regulatory approval.
1970-01-01 08:00
NBA star James Harden sells out 10,000 bottles of wine in seconds on Chinese livestream
NBA star James Harden expressed disbelief after Chinese fans snapped up 10,000 bottles of his own-branded wine in seconds, demonstrating the massive reach of livestreaming in the country, where basketball is loved by millions.
1970-01-01 08:00
Exclusive-China's state banks seen selling dollars for yuan in London and New York hours
SHANGHAI (Reuters) -China's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore
1970-01-01 08:00
Cathay Pacific Woos Travelers With Cheapest Tickets Since Covid
Cathay Pacific Airways Ltd. plans to start selling some of its cheapest tickets in more than three-and-a-half years
1970-01-01 08:00
China Seeks Views on Developing Asset Management Industry
China’s securities regulator is soliciting suggestions from market participants about how to speed up development of the asset
1970-01-01 08:00
Tesla cuts Model S and X prices by over 6% in China
Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in China by as much as 6.9%, it said on Wednesday.
1970-01-01 08:00
China’s Gallium Exports in Limbo After Start of Curbs
China’s push to control its exports of gallium has sent prices for the metal used in semiconductors to
1970-01-01 08:00
Foreign Funds Flee China Stocks in Record Selling Streak
Daily outflows of overseas funds from Chinese stocks are on course to tie a record streak amid worsening
1970-01-01 08:00
Country Garden Loses Its Last Buy Rating From Global Brokerages
Country Garden Holdings Co. has lost its last stock buy rating from major international brokerages, as the embattled
1970-01-01 08:00
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
1970-01-01 08:00
China’s Jewelry Purchases Could Be a Weak Spot for Gold Demand
Chinese gold consumption is likely to be buttressed by financial investors and the central bank, although retail demand
1970-01-01 08:00
Hong Kong Stocks Poised for Bear Market as Growth Risks Mount
Hong Kong’s stock benchmark was on track to enter a technical bear market as worrying signs mount in
1970-01-01 08:00