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Trump says looking at pressuring other Chinese companies after ...
U.S. President Donald Trump said on Saturday he could exert pressure on more Chinese companies such as technology giant Alibaba (BABA.N) after he moved to ban TikTok.
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Alibaba is in talks to invest $3 billion in ride-hailing giant Grab
Alibaba Group is in talks to invest $3 billion in Southeast Asian ride-hailing giant Grab, Bloomberg News cited information from people familiar to the matter.
China's August exports jump 9.5% despite trade war, pandemic
China’s dollar-denominated exports rose 9.5% for the month of August while imports fell 2.1% in the same period, data from the country’s General Administration of Customs showed on Monday.
Samsung sells dying LCD business to China for $1 billion
ust as Samsung’s LCD divestment was about to break some new records in corporate deliberateness, the tech giant suddenly shifted into overdrive by finalizing a blockbuster factory sale to China.
- U.S. forced labor laws strain China-dependent garment supply chains 1
- Southeast Asia's internet economy growth to slow in 2023 2
- Southeast Asia's fintechs fill lending gap with data 3
- Thai, Singapore tech firms surge in market value 4
- Global rice supplies tighten after India's July export ban 5
- Domino effect: India rice export ban puts market on edge for copycat curbs 6
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India's economy shrinks at the fastest pace on record
India, once fastest- growing major economy contracted at the quickest pace on record in the second quarter, as lockdowns imposed to help control the spread of coronavirus decimated consumer spending and investment.
Jack Ma’s Ant Group files for IPO, says it made $3.2 billion in first-half profit
Ant Group, formerly known as Ant Financial, is planning a concurrent listing on the Shanghai stock exchange’s STAR market — a Nasdaq-style tech board — and the Hong Kong stock exchange.
Thailand’s economy contracts 12.2% in second quarter, weakest in 22 years
The country’s GDP contracted the most in more than two decades, deepening its recession as the nation’s key drivers of trade and tourism remain hobbled by the global coronavirus pandemic.
Japan's GDP shrinks 27.8% in Q2 as coronavirus hits spending, biggest decline in 40 ...
Japan's gross domestic product shrank an annualized 27.8% in April-June, government data showed on Monday, marking the biggest decline since comparable data became available in 1980.
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Mark Zuckerberg’s fortune surpasses $100 billion
Mark Zuckerberg’s net worth passed $100 billion for the first time Thursday after Facebook Inc. hit a record high on optimism about the release of its TikTok competitor Reels.
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Trump moves to ban TikTok, WeChat in U.S. on national security risk
President Trump signed a pair of executive orders prohibiting U.S. residents from doing any business with TikTok, WeChat or the apps’ Chinese owners beginning 45 days from now.
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U.S. economy contracted at record rate last quarter; jobless claims rise to 1.43 ...
The Commerce Department’s initial estimate of U.S. gross domestic product in the second quarter is the steepest drop in more than 70 years.
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China's economy unexpectedly grew 3.2% in second quarter, rebounding from ...
China reported that the country’s GDP grew by 3.2% in the second quarter of this year, compared to a year ago, beating analysts’ expectations and rebounding from the first quarter’s contraction.
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Google agrees to buy $4.5 billion stake in India’s Jio Platforms
Google has acquired 7.7 percent stake in Jio Platforms Ltd., adding to a series of large U.S. investments into an online venture that has nearly 400 million users in India.
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UK set to ban Huawei from 5G, angering China and pleasing Trump
Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G network on Tuesday by signaling that the world’s biggest telecoms equipment maker is no longer welcome in the West.
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Singapore reports record 41.2% economic contraction in 2Q on pandemic
Singapore’s economy plunged into recession last quarter as an extended lockdown shuttered businesses and decimated retail spending.
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Huawei reports revenue growth at 13.1% in first half of 2020 despite US ...
Despite US efforts to destroy its business and impacts from coronavirus, Huawei has reported a huge increase in sales during the first six months of this year, the telecom giant said.
