China Economic Data Improves In August, Asian Equities Continue Slide, Week In Review

China Last Night KraneShares Week in Review Asian equities ended a down week mostly lower as fears of further rate hikes from the US Fed after a higher-than-expected US inflation print in August weigh...

No signal that a bear market is coming, but China is in trouble

Inflation numbers that came in hotter than expected have given the markets another leg lower and forced analysts to predict pockets of the market to head down.  In addition, market participants may fe...

Metaverse-related Market Size in China Expected to Reach $4T: JPMorgan Chase

The market of the Metaverse could triple China’s online gaming market from $44 billion to $131 billion, according to a recent research report by JPMorgan Chase (JPM) on Thursday. At present, the...

Vietnam, Philippines, India, China Among Top Countries for Crypto Adoption, Chainalysis Global Index Shows – Featured Bitcoin News

Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While t...

China Court Rules Crypto Can Be Traded Despite Digital Currency Ban

A court in China has ruled that crypto is an asset that can be traded between individuals as long as the asset is not used as a currency. The recent ruling by The Beijing Number One Intermediate Peopl...

Nvidia Analyst Reverses Course A Week After China Ban Workaround Speculation

Bloomberg Figma’s Record-Breaking Sale to Adobe Delivers Billions to Top VCs (Bloomberg) — Danny Rimer first invested in Figma in 2012, shortly after the company was established and began develo...

Putin Admits China Had ‘Concerns’ About Russia’s Invasion Of Ukraine

Topline In his first meeting with Chinese President Xi Jinping since Russia launched its invasion of Ukraine in February, President Vladimir Putin admitted China had “questions and concerns” about the...

PCAOB Arrives In Hong Kong, EU Regulation Sends Solar Stocks Lower

China Last Night KraneShares Key News Asian equities were mixed but mostly lower overnight as uncertainty surrounding US interest rates continues to pervade global markets. Today was a reversal of yes...

The Defense Innovation Unit’s ‘Private Money’ Approach Aims to Produce Reusable Hypersonic Test Aircraft Fast

Hermeus’ quarter-scale “Quarterhorse” is the kind of privately funded hypersonic test aircraft DIU … [+] is seeking for its HyCAT initiative. Hermeus Blazing speed at blazing t...

NFTs Thrive in China but They’re Nothing Like Their Global Counterparts

China’s legal market in “digital collectibles” is booming: Metaverse-focused information platform Gyroscope Finance estimates that as of June, 681 NFT trading platforms exist in China and that since M...

Swiss firms in China losing confidence in business success, study shows

Fund managers across the globe are either hoarding cash or buying up put options in an attempt to stay one step ahead of the volatile markets. It seems that the maximum bearish sentiment is prevailing...

Market turmoil leads Swiss firms in China to lose confidence at a record rate

Fund managers across the globe are either hoarding cash or buying up put options in an attempt to stay one step ahead of the volatile markets. It seems that the maximum bearish sentiment is prevailing...

Billionaire investor ’Mr. Wonderful’ says the stock market rout is a buying opportunity—especially in China

As the geopolitical relationship between China and the U.S. frays, billionaire investor Kevin O’Leary—nicknamed Mr. Wonderful—is advising people to invest more in Chinese stocks. To have no allocation...

Why Is Biden Restricting More Chip Tech To China? It’s Complicated.

Yitian 710 server chip developed by Alibaba’s in-house semiconductor unit (Photo by Xu Kangping/VCG … [+] via Getty Images) VCG via Getty Images The Biden administration plans to broaden c...

How China workers stack up against the US, UK and Brazil

Unemployment among China’s youth aged between 16 and 24 has surged to nearly 20%, according to an official survey for July. Pictured here is a job fair in Beijing on Aug. 26, 2022. Jade Gao | Af...

Moderna Stock Surges. China Would Be a Big Market.

Text size Moderna stock has gotten a boost from the CEO’s comments about China. Photo by Justin Sullivan/Getty Images Moderna ’s Covid-19 vaccine has been wildly successful, but its stock has be...

Rate Hike Risk Shakes Hong Kong, Mainland Holds Up Better

China Last Night KraneShares Key News Asian equities followed the U.S. south after the higher-than-expected inflation print in July and heightened expectations of rate hikes from the U.S. Federal Rese...

China ranks among top 10 countries by crypto adoption despite Bitcoin censorship

Despite an extensive crackdown and ban on crypto-related services, China is now ranking in the top ten among the countries leading in adopting digital assets. The latest data suggests that there might...

XPeng Stock Is About to Go Higher, Says Analyst

Text size XPeng stock can gain in coming months, according to Deutsche Bank analyst Edison Yu. Hector Retamal/AFP via Getty Images Sometimes timing is everything. And Deutsche Bank believes now is the...

How Marvel’s ‘Thor 4’ Became An Unprecedented Box Office Success

Natalie Portman and Chris Hemsworth in ‘Thor: Love and Thunder’ Marvel and Disney The top movie over the weekend at Vudu was Marvel and Walt Disney’sDIS Thor: Love and Thunder, with Paramo...

Filecoin Miner RRMine Global Shuts Down Market in China, Moves HQ to Singapore

Decentralized storage network Filecoin miner RRMine Global announced that it will withdraw from the Chinese mainland market and close its business in mainland China, moving its headquarters to Singapo...

China gave tens of billions in secretive ‘emergency loans’ to vulnerable nations, emerging as world’s major creditor and IMF competitor

In recent years, China has shelled out tens of billions in opaque “emergency loans” for at-risk nations, indicating a shift to providing short-term emergency lending rather than longer-term infrastruc...

Moonshot Weighs On Wuxi While Nio Fans Rejoice In ET5 Launch

China Last Night KraneShares Key News Asian equities were largely higher while Hong Kong was off as the Asia Dollar Index increased overnight. Hong Kong and Chinese biotech stocks were hit hard after ...

Chinese smartphone boom ends as domestic shipments in China drop over 30% YoY

It seems that the Chinese smartphone boom has ended as domestic smartphone shipments register a sharp decline. Covid lockdowns have wreaked havoc on the Chinese economy, with smartphone sales falling ...

US to Pass Stricter Regulations on Semiconductors Shipments to China

The new regulations will support the previous rules that were passed earlier this year. US president Joe Biden plans to announce a stricter restriction on semiconductors and chipmaking tool shipments ...

Nio Stock Soars With These Two Factors Seen Driving Outperformance For Tesla China EV Rival

Nio stock will finally “shine bright” after unexpected speed bumps, a leader among China EV startups, a Wall Street firm said Monday. Nio (NIO), an emerging Tesla (TSLA) rival, surged, rec...

Best hotels for business travelers in Asia-Pacific

Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data...

Mainland China, Hong Kong Stock Exchanges Closed For Mid-Autumn Festival

Stock exchanges in mainland China and Hong Kong are closed in connection with the Mid-Autumn … [+] Festival today. Photographer: Qilai Shen/Bloomberg © 2019 Bloomberg Finance LP Stock exchanges ...

2023 Lincoln Corsair Gets Bigger Grille And Touchscreen, Loses An Engine

2023 Lincoln Corsair Grand Touring Sam Abuelsamid Over the past decade, the Lincoln brand has gone through a fundamental shift. The lineup has gone from slightly fancier Fords to vehicles that don’t l...

Central Bank of China Calls for Increasing Use of Digital Yuan – Finance Bitcoin News

The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional...

White House Inks Strategy To Grow Trillion Dollar US Bioeconomy

White House Inks Strategy to Grow Trillion Dollar US Bioeconomy Dall-e x John Cumbers The US bioeconomy is booming. Valued at nearly one trillion dollars and predicted to grow globally to over $30 tri...

U.S. plans new curbs on exports of chips, chip-making tools to China: report

The Biden administration plans to expand export restrictions for U.S. chip companies to China, according to a new report. Reuters reported Sunday night that the new curbs on artificial-intelligence se...