UMC to pour CNY3.5 billion into China 12-inch fab operation
Taiwan-based Uni.....»»
Highlights of the day: TSMC to expand capacity in China
TSMC has allocated a budget of almost of US$3 billion for expanding capacity of mature process technology. But until the capacity comes on line, mature process capacity will remain tight throught at least .....»»
Dispatches from a Pandemic: Ireland just surpassed China in confirmed COVID-19 deaths — how on Earth did that happen?
The Republic of Ireland, the small island on the northwestern tip of Europe, has a population of 4.9 million, compared to China’s 1.4 billion people......»»
China Considering Huarong Bailout With $15 Billion PBOC Backstop
China Considering Huarong Bailout With $15 Billion PBOC Backstop To everyone who said that it was only a matter of time before Beijing blinke.....»»
Dispatches from a Pandemic: Ireland just surpassed China in confirmed COVID-19 deaths — how on earth did that happen?
The Republic of Ireland, the small island on the northwestern tip of Europe, has a population of 4.9 million, compared to China’s 1.4 billion people......»»
VIS reports record 1Q21 revenue
Taiwan-based Vanguard International Semiconductor (VIS), an 8-inch foundry for specialty ICs, saw its first-quarter revenue increase 5.3% sequentially to a record high of NT$9.18 billion (US$322.4 million)......»»
Alibaba shares jump 8% as China ends its antitrust probe on Jack Ma"s tech empire with a record $2.8 billion fine
CEO Daniel Zhang said Alibaba doesn't expect any material impact from changes made in arrangements with merchants after the imposition of the fine. Jack Ma, fou.....»»
: Alibaba shares jump in Hong Kong after record antitrust fine by China
Shares of Alibaba Group Holdings Ltd. surged more than 5% Monday in Hong Kong trading, after the e-commerce giant was fined a record $2.8 billion by China's antitrust regulator......»»
"First Substantive Victory For Beijing": China Hits Alibaba With Record $2.8 BIllion Antitrust Fine
"Firs.....»»
Alibaba fined $2.8 billion on competition charge in China
Chinese e-commerce giant Alibaba has been fined $2.8 billion for anti-competitive behavior as the ruling Communist Party tightens control over fast-growing technology industries.....»»
Phone-maker Xiaomi is investing $10 billion in a new electric vehicle unit as Apple and Huawei stay silent on their EV plans
Xiaomi said it would develop smart electric vehicles through a wholly-owned subsidiary led by Xiaomi CEO Lei Jun. Xiaomi CEO Lei Jun. Zhang Wei/China News Service/Visual China Group via Getty Images Chinese phone-maker Xiaomi plans t.....»»
Zhihu stock opens down 15%, then keeps falling to online content company below $4 billion
Zhihu Inc.'s stock got a cool reception on Wall Street Friday, as the China-based online content company's st.....»»
The Tell: Americans ready to pour $40 billion into bitcoin and the stock market as stimulus checks arrive: survey
Americans intend to plow as much as 10% of the latest round of stimulus checks into bitcoin and stocks, according to a survey by Mizuho Securities, with bitcoin by far the more popular choice......»»
The Tell: A new wave of fearless retail investors is ready to pour $170 billion into stocks, predicts Deutsche Bank
Deutsche Bank has taken the pulse of a wave of individual investors that blossomed in 2020 and drove a market rally from last March. And they are ready to keep buying stocks......»»
Tuya sets IPO terms, to be valued at up to $11 billion
China-based Tuya Inc. has set terms of its initial public offering, in which the China-based company, which says its mission is to build an internet-of-thing (IoT) developer ecosystem and enable everything .....»»
Adient"s stock rallies, after deal to receive $1.5 billion from sell of stake in China-based JV
Shares of .....»»
What’s NUE in India and Why Does Amazon Want a Piece?
Cash may be king in India, but with smartphone usage heading toward 1 billion, online payments are catching up. Digital transactions doubled in the last two years, faster than any major country outside China, and are forecast to reach $2 trilli.....»»
Tesla Gained Market Share In China Last Month
Tesla stock popped after it was reported that the company took market share in China from domestic automakers. It marks a significant reversal after Tesla lost a quarter-trillion in market capitalization and CEO Elon Musk lost $27 billion due.....»»
: Christian Louboutin valued at $3.8 billion as Italian dynasty takes stake in luxury shoe maker
Italy's billionaire Agnelli family says Paris-based shoe maker has growth potential in China......»»
China"s plans to boost military spending may make its neighbors even more uneasy
Chinese defense funding will reach US$209 billion in 2021, and Premier Li Keqiang says the military will get a training boost. .....»»
US Indo-Pacific Command Seeks $27 Billion To Face China
US Indo-Pacific Command Seeks $27 Billion To Face China Authored by Dave De.....»»