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Indian Firms Using UAE, Asian Currencies to Buy Russian Coal

Companies in India use the UAE dirham, the HK dollar, yuan or euro when buying Russian coal, in a bid to…

8 hours ago

Foxconn Sees Slow Quarter As Smartphone Demand Declines

The Taiwanese electronics maker forecast flat revenue growth for the quarter ending in September amid concerns over the impact of…

1 day ago

Metaverse Land is `Dumbest’ Buy Ever, Mark Cuban Says – Insider

Cuban dismissed the metaverse, saying ''right now it's more talk than anything,'' Business Insider reported. 

1 day ago

China’s Lenovo Sees Worst Quarterly Sales Since Early 2020

Covid lockdowns in China and soft demand hit the computer giant, which reported flat revenue for the June quarter – its…

1 day ago

China’s Far East Accused of Helping ZTE Break US Export Rules

US Commerce Department says the Chinese wire and cable maker helped telco giant ZTE hide business with Iran

2 days ago

Bitcoin Rise Shows Crypto Has Hit Floor – Business Insider

Ethereum's move to a faster, more efficient form of mining may be behind crypto's rebound, JP Morgan has said, following…

2 days ago

Singapore Crypto Lender Hodlnaut Freezes Withdrawals

Hodlnaut is the latest in a number of crypto players to struggle after a global sell-off that that has seen…

3 days ago

Apple Tells Taiwan Suppliers To Meet China Label Standards

Assemblers in Taiwan such as Foxconn and Pegatron have been ramping up production so Apple can launch its iPhone 14…

3 days ago

Baidu Gets China’s First Permits for Driverless Robotaxis

Tech conglomerate says permits to operate driverless robotaxis in Chongqing and Wuhan are a "turning point" in China's policy-making towards…

3 days ago

Alibaba Shed 9,200 Employees in June Quarter – SCMP

The e-commerce giant has been trimming staff to boost efficiency but it plans to hire nearly 6,000 university graduates this…

5 days ago

China Chip Fund Head Investigated for Corruption

Chip fund chief Ding Wenwu is suspected of serious violations of the law, according to the Central Commission for Discipline…

6 days ago

UK Parliament Shuts TikTok Account Due to China Data Links

"We cannot and should not legitimise the use of an app which has been described by tech experts as `essentially…

6 days ago