China appears have made a key step forward in resolving a longstanding bilateral dispute, but sources say a broader review of work done by China-based auditors is still going on.
The news comes after China's biggest company reported a second straight quarterly sales drop, hit by the economic slowdown and China's regulatory crackdown.
The move is an effort to bolster ASML's relations with customers like Samsung and SK Hynix in the face of new US chip sanctions against China
FBI director Christopher Wray told lawmakers in Washington on Tuesday the Chinese government could harness the video-sharing app to influence users or control their devices.
Taiwan, home to the world's largest contract chipmaker, TSMC, plays an outsized role in providing chips used in everything from cars to fighter jets
According to its IPO prospectus, the chip unit listing aimed to raise $281 million to fund projects and replenish capital
Tencent cut jobs earlier this year too, alongside the likes of Alibaba, as Beijing’s crackdowns and the economic slowdown take their toll
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade