BEIJING (Reuters) – China’s foreign ministry on Friday said Taiwan’s ruling party was attempting to hype tensions, after the self-governed island shot down an unidentified civilian drone this week. “The …
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Exclusive-Embattled Credit Suisse aims to launch China wealth business next year
by Reutersby ReutersBy Anshuman Daga SINGAPORE (Reuters) – Credit Suisse, which has been buffeted by a string of scandals, management changes and global strategy rejigs, is still betting big on China and …
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Explainer-Biden’s curbs on chips to China part of broader effort
by Reutersby ReutersWASHINGTON (Reuters) – Chip designer Nvidia Corp this week said the United States told it to restrict exports to China of two computing chips for artificial intelligence work, the latest …
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White House: U.S. calls on China to immediately cease atrocities on Uyghurs and other minorities
by Reutersby ReutersWASHINGTON (Reuters) – The White House called on China on Thursday to immediately cease “atrocities” against Uyghurs and other ethnic minorities and urged Beijing to allow unfettered access to Xinjiang. …
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Chip wreck: Nvidia sinks sector after U.S. restricts China sales
by Reutersby ReutersBy Noel Randewich (Reuters) – U.S. chip stocks tumbled on Thursday, with the main semiconductor index down more than 3% after Nvidia and Advanced Micro Devices said U.S. officials told …
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Taiwan Vows To Counterattack If China Violates Its Territory
Taiwan Vows To Counterattack If China Violates Its Territory Micaela Burrow on August 31, 2022 Taiwan’s defense ministry threatened Wednesday that it would strike Chinese armed forces if they come …
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‘Squandered’: UN Hasn’t Held China Accountable For Uyghur Genocide, Former US Ambassador Says
‘Squandered’: UN Hasn’t Held China Accountable For Uyghur Genocide, Former US Ambassador Says Micaela Burrow on August 31, 2022 The United Nations’ human rights chief, whose tenure ended Wednesday, failed …
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US Chipmaker Ordered To Halt Sales Of Semiconductors To China
US Chipmaker Ordered To Halt Sales Of Semiconductors To China John Hugh DeMastri on August 31, 2022 American chipmaker Nvidia announced in a Wednesday quarterly report that the U.S. government …
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Japan Is Supercharging Its Military In Response To China Threat
Japan Is Supercharging Its Military In Response To China Threat Micaela Burrow on August 31, 2022 Japan’s military requested a record defense budget for 2023 Wednesday following several moves designed …
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OSLO (Reuters) -Sweden’s Volvo Cars will temporarily close its plant in the Chinese city of Chengdu due to local coronavirus restrictions, a company spokesperson said on Thursday. “Due to the …
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U.S. export ban on some advanced AI chips to hit almost all China tech majors – analysts
by Reutersby ReutersBy Josh Horwitz SHANGHAI (Reuters) – A U.S. order to ban exports of some advanced chips to China is likely to hit almost any major tech company running public clouds …
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U.N. rights chief’s tenure ends in disappointment for some China activists
by Reutersby ReutersBy Emma Farge GENEVA (Reuters) – Michelle Bachelet, once a political detainee under Chilean dictator Augusto Pinochet and a doctor for tortured children, pledged to be the champion of victims …
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China opposes U.S. move barring Nvidia from selling it high-end chips
by Reutersby ReutersBEIJING (Reuters) – A U.S. move to stop Nvidia Corp from selling top artificial intelligence chips to China undermines the legitimate rights and interests of Chinese companies and the stability …
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China to publish detailed economic policy steps in early September
by Reutersby ReutersBEIJING (Reuters) -China said it will publish detailed steps for newly announced economic policy measures in early September, suggesting an urgency for policymakers to revive the sluggish economy amid a …
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(Reuters) – Advanced Micro Devices Inc on Wednesday said U.S. officials have told it to stop exporting its top artificial intelligence chip to China, according to a spokesman. The company …
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Exclusive-JD.com, Yum China among Chinese firms chosen for U.S. audit inspection -sources
by Reutersby ReutersBy Julie Zhu HONG KONG (Reuters) – U.S. regulators have chosen e-commerce major JD.com Inc and KFC operator Yum China Holdings Inc among other U.S.-listed Chinese companies for audit inspection …
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Japan plans to develop longer-range missiles to counter China, Russia
by Reutersby ReutersBy Tim Kelly TOKYO (Reuters) – Japan will develop and mass produce a cruise missile and a high-velocity ballistic missile, it said on Wednesday, as it seeks the ability to …
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SHANGHAI (Reuters) – Tesla Inc has shortened delivery waiting times for its rear-wheel drive Model Ys in China to one to four weeks, it said on its Chinese website, the …
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(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever As tightening financial conditions continue to choke investor sentiment and slam global stock markets, good old-fashioned …
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WASHINGTON (Reuters) – Boeing Co on Tuesday confirmed it has received an order for 787 Dreamliner aircraft from Taiwan’s China Airlines. “We are pleased that China Airlines has selected the 787 Dreamliner …
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China issues draft rules to regulate financial holding companies’ related transactions
by Reutersby ReutersSHANGHAI (Reuters) – China’s central bank issued draft rules on Tuesday to regulate related transactions of financial holding companies. Such transactions must conform to rational commercial principles, be backed by …
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China pledges to lift economy with stable employment, prices in H2
by Reutersby ReutersBEIJING (Reuters) -China will step up measures to boost demand and stabilise employment and prices in the second half of the year to optimise economic outcomes, the country’s finance ministry …
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China to set up firewall between bankers, analysts in IPO deals -paper
by Reutersby ReutersSHANGHAI (Reuters) – China’s securities association has drafted rules to set up a firewall between investment bankers and analysts in deals to ensure unbiased pricing of initial public offerings (IPOs), …
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Tyson pork plant in Indiana suspended from exporting to China -USDA
by Reutersby ReutersBy P.J. Huffstutter CHICAGO (Reuters) – Tyson Foods Inc’s pork processing plant in Logansport, Indiana, has been suspended from exporting products to China, the U.S. Department of Agriculture said on …
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U.S. firms rethink China investment on COVID concerns-business group survey
by Reutersby ReutersWASHINGTON (Reuters) – Strict COVID-19 control measures in China have overtaken sour U.S.-China relations as the top concern of U.S. companies in the country, a business lobby said on Monday. …