China’s ride-hailing giant Didi Global has cut half its UK employees and told staff plans to launch services in the UK and Europe are on hold till at least 2025, the Guardian said
Samir Saran said the Communist Party sees tech as a means of exerting control and uses social media to deliberately interfere in the affairs of other nations
The Taiwanese group, which is a key supplier for Apple, reported a 4% rise in first-quarter revenue despite chip shortages, supply chain issues and reduced demand for electronics
The JD Technology IPO is a $2-billion listing planned for Hong Kong later this year, but it has been held up by CSRC concerns over its consumer fintech business.
South Korea's Coupang is trading 70% below its listing price and is one of many SoftBank portfolio companies, including Didi and Grab Holdings, that tumbled in the January-March quarter.
The state-owned enterprise has noticed sharp growth for its medical aesthetics business after the company became the exclusive distributor in China for Letybo, a botox product
The company upset Chinese regulators by pushing ahead with a $4.4 billion listing in the US despite being asked to put it on hold. Shareholders will vote on its US delisting plan on May 23.
Nomura said yuan depreciation could also add modest inflationary pressures, as China is the world’s largest importer of energy and agricultural products
The Hong Kong Monetary Authority bought almost HK$1.6 billion ($202 million) of the territory's currency after it fell to its lower limit of HK$7.85 in New York trading hours
There were no deaths and only minor injuries among the 113 passengers and nine crew members on board, the airline said in a statement
The draft order would grant Attorney General Merrick Garland authority to review and potentially bar some commercial transactions involving the sale of or access to data
The developer had been planning to use presale funds due to pay $29.5 million in interest on the bond that was required to be repaid last month