Chinese
US fines GlobalFoundries for shipping chips to sanctioned Chinese firm
THE US said on Friday (Nov 1) it imposed a US$500,000 penalty on New York-based GlobalFoundries, the world’s third-largest contract chipmaker, for shipping chips without authorisation to an affiliate...
Stimulus matters more than US election for Chinese stocks
Investors inured to years of Sino-American trade spat seem willing to brave the risk of even higher tariffs following the US presidential election, and are favouring Chinese assets on...
Chinese Hackers Tried to Breach Cell Phones of Trump and JD Vance in Massive Breach
Chinese hackers tried to hack former President Donald Trump's and GOP vice presidential nominee Senator JD Vance's cellphones by exploiting vulnerabilities in the U.S, telecommunications networks, according to national...
Chinese self-driving car company WeRide notches US$4.21 billion valuation in US IPO
SELF-DRIVING car company WeRide notched a valuation of about US$4.2 billion, after raising US$120 million in its US initial public offering (IPO) on Friday (Oct 25), becoming the latest...
Mixing hotpot with horsepower. Have Chinese car gimmicks gone too far?
CHINA’S electric vehicle (EV) makers have been known to push the envelope when it comes to dreaming up new functions to attract buyers. There’s in-car karaoke, steering wheels that...
Chinese non-bank liquidity tightens as investors rush to stocks
LIQUIDITY conditions at China’s non-bank financial institutions have tightened this month as traders redeemed cash to ride the upswing in local shares.That’s widened the gap between the funding costs...
Chinese non-bank liquidity tightens as investors rush to stocks
LIQUIDITY conditions at China’s non-bank financial institutions have tightened this month as traders redeemed cash to ride the upswing in local shares.That’s widened the gap between the funding costs...
Chinese drone maker DJI sues Pentagon for military designation
SZ DJI Technology said it has sued the US Department of Defense for adding the Shenzhen-based drone maker to a list that designates it as a Chinese military company.
DJI...
