China Banks on Boot Camps, Double Pay to Boost Chip Talent

China faces a shortage of an estimated 200,000 industry workers this year, a problem that has become even more critical…

3 days ago

Taiwan Leader Unfazed by China Threat to Retaliate for US Trip

"External pressure will not hinder our determination to go to the world," Tsai said on Wednesday before flying to the…

3 days ago

Asia Stocks Rally on Alibaba Split-Up Move, Easing Bank Fears

Japan’s Nikkei and Hong Kong’s Hang Seng powered ahead lifted by hopes China’s regulatory assault on its tech firms might…

3 days ago

FTX’s Bankman-Fried Accused of $40m Bribe to China Officials

US prosecutors say Bankman-Fried ordered a $40m crypto payment to persuade Chinese authorities to unfreeze Alameda accounts with more than…

3 days ago

China Tech Giants, Hong Kong Surge on Alibaba Breakup Plan

Group's shares jump 16% after similar rise in the US; Hang Seng Index lifted by speculation China's regulatory crackdown is…

3 days ago

China Smog Spike Blamed on Post-Covid Push, Warm Weather

China's industrial recovery and increased temperatures have sparked an increase in emissions and pollution across some northern cities

4 days ago

China EV Giant BYD Records 11-Fold Q4 Profit Jump

The automaker has already eclipsed Tesla in China EV sales and now looks set to overtake the country’s best-selling car…

4 days ago

Alibaba Shares Jump After News it Will Split Into Six Units

The Chinese e-commerce giant on Tuesday announced the biggest rejig in its history, which will see it split into six…

4 days ago

Alibaba to Rejig Operations Into Six Units to Lift its Mojo – SCMP

Chinese tech giant will reorganize its businesses into six independently run entities to shorten its decision-making processes, CEO Daniel Zhang…

4 days ago

Adani Seeks More Time to Pay $4bn Debt, Shares Fall on Report

The group's flagship firm, Adani Enterprises, slid nearly 7% to a near four-week low, while Adani Ports tumbled more than…

4 days ago

US Seeks to Cut China’s ‘Developing Country’ Status – The Hill

Lawmakers in the US Congress voted unanimously on Monday to direct the Secretary of State to work to strip China…

4 days ago

Asian Stocks Advance on Easing Global Banks Crisis Fears

A deal to buy failed Silicon Valley Bank calmed nervous investors but doubts linger about brittleness in the banking sector

4 days ago