Market watchers say the latest ban is likely to affect a swathe of Chinese tech companies including giants such as Alibaba Group, Tencent Holdings, Baidu, and Huawei Technologies.

Pinduoduo has briefed merchants on its plans but details have not yet been finalized, a source said.

Gaming giant suffered its first quarterly sales fall on Wednesday and has been hit hard by Beijing's clampdown on game approvals and playing time, not to mention Covid lockdowns

There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions

Samsung vice-chairman Jay Y Lee and another top businessman won pardons on Friday from President Yoon Suk-yeol, who wants them to help rev up the South Korean economy.

Covid lockdowns in China and soft demand hit the computer giant, which reported flat revenue for the June quarter – its worst result in nine quarters.

The e-commerce giant has been trimming staff to boost efficiency but it plans to hire nearly 6,000 university graduates this year, its CEO said.

Air Force General John E Hyten told the Washington Post in February that hypersonic missiles are “the threat of the future” 

AMTD's shares have surged 9,413% since they were listed on the New York Stock Exchange on July 15.

Some analysts have said the US tech giant could face a drop in demand given China's weak economy and the slump in smartphone sales in the second quarter.

Seven executives of Ant have left the Alibaba Partnership, the body that elects the e-commerce giant's board, following a demand by regulators that the two tech giants be 'decoupled'

US senators backed a procedural move that sets up potential votes to pass a semiconductor bill by next week that aims to provide billions of dollars in subsidies and tax credits for the chip industry