Updated at 4:29 pm EST Advanced Micro Devices (AMD) – Get Free Report posted better-than-expected fourth quarter earnings Tuesday as a big gain in data center chip sales offset ongoing weakness...
Tag: China
Biden Administration May Cut Off Huawei From U.S. Suppliers. Here’s The Backstory
Topline The Biden Administration is in serious talks to cut off Chinese telecommunications company Huawei from its U.S. suppliers, according to reporting from The Wall Street Journal, as a broader mea...
A Top Republican Warns High Risk Of China-Taiwan War. Here’s How To Invest If It Happens
TOPSHOT – China’s sole aircraft carrier, the Liaoning (R), arrives in Hong Kong waters on July 7, … [+] 2017, less than a week after a high-profile visit by president Xi Jinping. Chi...
Justin Sun Belive China May Legalize Crypto Soon
Justin Sun is a 32-year-old crypto enthusiast who founded TRON, a leading blockchain DAO ecosystem. He is also a global advisor of Huobi, an international cryptocurrency exchange. Justin posted a long...
Political Rhetoric Or Negotiating 101, PMIs Shine! BYD’s BOOM!
China Last Night KraneShares Key News Asian equities were lower in advance of central banks hiking interest rates this week, while India managed a small gain and the Philippines and Taiwan underperfor...
Ford Europe’s 2030 All-Electric Target Poses Harsh Questions
Ford Fiesta a front-wheel-drive supermini/subcompact getty Ford Europe is pinning its long-term future on an all-electric policy as it cuts capacity and jobs while ending production of traditional hig...
Top Republican Warns High Risk Of China-Taiwan War. Here’s How To Invest If It Happens
TOPSHOT – China’s sole aircraft carrier, the Liaoning (R), arrives in Hong Kong waters on July 7, … [+] 2017, less than a week after a high-profile visit by president Xi Jinping. Chi...
China ban ineffective as bitcoin hashrate hits new high
When China banned crypto mining, the bitcoin hashrate dived in May-June 2021, and its price also halved, from $60,000 to $30,000. However, the effect was only short-lived, and the network’s hashrate h...
Tron Founder Justin Sun Confident of China Embracing Crypto Sector
9 hours ago | 2 mins read Bitcoin News With the introduction of a tax on crypto transactions, China has taken a major step. Justin Sun said that China’s new tax on cryptocurrency transactions was a si...
What Is Happening With China and its Crypto Approach?
Last year’s industry-wide meltdown has haunted Asian firms as they cautiously plot their recovery. China was once a hotbed for crypto mining and trading. Even after announcing a blanket ban on all dig...
UK Is Becoming The China Of Europe-Find Out Why
Join Our Telegram channel to stay up to date on breaking news coverage In recent months, crypto platforms with U.S. operations, including, Wirex and B2C2, withdrew their application to register with t...
China To Welcome Crypto Adoption – Predicts Tron Founder Justin Sun
The People’s Republic of China has been very hostile towards the crypto market in the past decade ranging from the miners’ ban to the crypto trading ban. However, Justin Sun – the Permanent Representa...
The Year Of The Rabbit Hops To It
China Last Night KraneShares Key News Asian equities were mixed overnight as central bank meetings will dominate this week as Taiwan outperformed while Hong Kong-listed internet stocks were hit with p...
China Will Declare Crypto A ‘Form of Wealth’: Tron Founder
China is one of the most crypto and Bitcoin-hostile countries on earth. Back in 2017, the People’s Bank of China (PBOC) banned the operation of exchanges in China. In May 2021, Chinese authorities ord...
Chinese central bank former exec explains why China is wary of crypto – Cryptopolitan
Professor of finance and economics at Peking University’s National School of Development and former member of the People’s Bank of China’s Monetary Policy Committee Huang Yiping explains in a piece by...
Justin Sun: China Embraces Crypto as Reports of 20% Tax Surface
Justin Sun says China is embracing cryptos following reports of taxation on digital asset. According to Sun, Chinese regulators will further regulate the industry. China’s tax and banking authorities ...
China E-Commerce Giant Alibaba Falls After Reports of Move to Singapore
Stock in Alibaba the Chinese e-commerce site, fell 7% in Hong Kong trading on Monday after reports the company is moving its headquarters out of the country. Alibaba (ticker: HK:9988) to be building a...
China Stock Rally Cools as Benchmark Flirts With Bull Market
(Bloomberg) — China’s stocks pulled back from the verge of a bull market, with the muted reopening from a week-long Lunar New Year break indicating that traders are waiting on new catalysts. Mos...
Stocks Fall With Eyes on Rate Hikes, Adani, China: Markets Wrap
(Bloomberg) — Shares declined Monday in choppy trading as investors split their attention between looming interest-rate decisions in the US and Europe, the reopening of mainland China markets an...
Bank Of China Ex-Policy Advisor Says Crypto Lacks Intrinsic Value
A former member of the People’s Bank of China’s monetary policy committee explained why China banned crypto. Huang Yiping said Bitcoin lacks actual value and is more of a digital asset than a currency...
Bull Market Beckons China Stock Traders as Consumption Revs Up
(Bloomberg) — A four-week rally in Chinese equities is set to culminate in a bull market when trading resumes Monday, as a rebound in consumption galvanizes the shares. Most Read from Bloomberg ...
As The U.S. Chairs APEC, Where Does America Stand On Trade?
“During the year when the U.S. hosts, we really drive the agenda” – Monica Hardy Whaley, President, National Center for APEC The 21 member economies of the Asia-Pacific Economic Cooperation (APE...
China looks past Covid as tourist bookings surge for the Lunar New Year
BEIJING — People in China are moving past the pandemic and going out to travel, preliminary data for the Lunar New Year holiday show. “Pent-up demand is being released as many people rush to sce...
LVMH optimistic as Chinese shoppers and tourists return
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. Gonzalo Fuentes | Reuter...
Post Holiday Enthusiasm Continues, Short Sellers Set Sights On India’s Adani
China Last Night KraneShares Key News Asian equities were mostly higher overnight on continued exuberance following China’s Lunar New Year holiday. Hong Kong built on its gains from yesterday while In...
China’s Big Comeback Is Just Getting Started. How to Play It.
Talk about a comeback. As China abandons policies that stifled economic growth for the past three years, investors have sent the country’s stocks soaring—up more than 50% since October. The rally migh...
In A Win For Business, America And China Are Recoupling
U.S. Treasury Secretary Janet Yellen meets with Chinese Vice Premier Liu He in Zurich, Switzerland, … [+] on January 18, 2023. Lian Yi/Xinhua via Getty Images The frenetic flurry of diplomatic a...
China Solar Energy Put Back On Notice By New Congress
Scene from inside a China solar manufacturer. China is the world’s No. 1 producer and exporter of … [+] solar panels and solar cells. Of the top 10 solar companies worldwide, Chinese compa...
Tourism & EVs Fuel Optimism In Hong Kong, Mainland Closed Until Monday
China Last Night KraneShares Key News Asian equities were mostly higher overnight as Hong Kong opened higher following a three-day holiday in celebration of Lunar New Year while Mainland China will re...
Tesla Slashes Prices Up To 20 Percent, Sending Shockwaves Through EV Industry
(Photo by Smith Collection/Gado/Getty Images). Getty Images Key takeaways Tesla’s price drops are officially cited as a drop in supply chain prices, but others think it’s a savvy sales ploy after a ro...
China starts taxing crypto investors and Bitcoin miners 20%
For a long time, China has had a complicated relationship with the cryptocurrency industry, its government indecisive on the policies that have ranged from a total ban to investigating the utility of ...