US-China
Ant Group to be financial holding firm in drastic revamp due to demands from China
Jack Ma’s Ant Group Co. will drastically revamp its business, bowing to demands from Chinese authorities that want to rein …
China slaps Alibaba with RMB 18.2 billion fine in monopoly probe
The Chinese government has fined technology giant Alibaba Group RMB18.2 billion yuan ($3.73 billion), according to a statement posted on …
Chinese video streaming firm Bilibili drops 6% in Hong Kong debut
Bilibili Inc. fell on its debut in Hong Kong, becoming the latest US-traded Chinese firm to disappoint on its homecoming …
US-China relations: Beijing’s plan for aviation supremacy faces bumpy ride as American export controls show no signs of easing
US-China relations Since taking office, the Biden administration has not loosened buying restrictions on US aviation products imposed on China …
Smooth sailing ahead for Sea as gaming and e-commerce arms experience strong 4Q20
CGS-CIMB Research analysts Ong Kang Chuen and Darren Ong have maintained their “buy” rating and target price of US$315 ($424.13) …
Nasdaq staging biggest intraday comeback in over a year as stock market rebounds from Friday rout
A street artist soars through the air as he jumps on a mobile trampoline in Prague on a sunny April …
Why Square, Roku, Teladoc, and Shopify All Dropped on Friday
Shares of some of the hottest technology stocks on the market dropped big on Friday and there’s a good reason …
Nasdaq ends sharply lower after Powell comments
Wall Street ended sharply lower on Thursday, leaving the Nasdaq down around 10per cent from its February record high, after …
Sea Limited goes deeper into the red with FY20 net loss of US$1.62 bil despite 101.1% surge in total revenue
Sea Limited has reported a net loss of US$1.62 billion ($2.16 billion) for the FY2020 ended December, 11.4% higher than …
Square puts ‘skin in the game’ with US$170 million more in Bitcoin buy
Square Inc raised the bets on bitcoin by investing US$170 million more and Chief Executive Jack Dorsey promised on Tuesday …
Tencent, Ant Group banks to take part in digital yuan trials: report
Tencent’s WeBank and Ant Group’s MyBank will be the first two privately owned banks to participate in digital yuan trials, …
Stocks making the biggest moves after the bell: GameStop, Square, Intuit & more
Square – Shares of the financial services company slipped 4.1% amid news news that Square purchased $170 million in Bitcoin …