UMC to pour CNY3.5 billion into China 12-inch fab operation
Taiwan-based Uni.....»»
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.....»»
Stocks look "resilient" as investors pour $8 billion into equity funds in the face of rising rates, BlackRock says
Equity ETFs have seen $8 billion of inflows so far thi.....»»
Rep. Ro Khanna has proposed a law that would require regular audits of the wealthiest individuals and corporations
More companies and individuals could find their tax returns being audited if Rep. Ro Khanna has his way. The Democrat representing part of Silicon Valley in Congress wants to pour $100 billion into the Internal Revenue Service over the next decad.....»»
The Tell: A new wave of fearless retail investors could be ready to pour $170 billion into stocks, says 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......»»