China

  • Alibaba Group takes majority control of loss-making movie unit Alibaba Pictures with $160M share purchase Alibaba Group announced today that it will increase its stake in Alibaba Pictures from 49% to 50.92%, making it the loss-making movie production company’s controlling shareholder. Under the agreement, Alibaba Pictures will issue one billion new shares, priced at HKD $1.25 each share for a total of HKD $1.25 billion (about $160 million), to Alibaba ...
  • Tencent-backed fleet manager G7 racks up $320M in funding A sizable funding round is poised to heat up a race to automate China’s logistics infrastructure. Beijing-based fleet management company G7 announced on Monday that it has banked $320 million to drive technological development, bringing its total capital raised to around $500 million. G7, which runs a proprietary connected platform for trucks, shippers, fleet manager and ...
  • U.S.-China trade war distracting from talks with Canada on steel tariffs: Morneau Morneau said his office is in contact daily with U.S. officials as well as metal producers and purchasers, but could not offer a timeline for an end to the tariffs Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a $1 billion Series E round led by SoftBank’s Vision Fund that closed back in September. The deal was first made public via a ...
  • TikTok parent ByteDance said to raise $1.45 billion for AI and content ByteDance, the Chinese company behind the immensely popular video app TikTok, is in talks to raise $1.45 billion for a new fund, The Information reported on Friday citing sources. The fresh vehicle will help power artificial intelligence and media content for the $75 billion startup that has leapfrogged Uber’s valuation, the report said. ByteDance declined to comment on the ...
  • How the Arrest of a High-Profile Huawei Executive Could Upend President Trump’s Truce with China China promptly reacted with outrage after the news broke Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)MoreClick to share on ...
  • Arrest of Huawei executive tests Canada’s already strained ties with China Further chill to relations just as Trudeau seeks closer trade Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)MoreClick to share ...
  • Mogu’s long journey: From rejecting Alibaba’s advances to US IPO Mogu, a Tencent-backed service that offers fashion content and products to young women, has joined a string of Chinese tech companies pressing ahead to sell their shares through initial public offerings in the U.S. before year’s end. Mogu priced its sale at $14 per share on Wednesday, toward the lower end of a marketed range. ...
  • The trust dilemma of continuous background checks First, background checks at startups, then Huawei’s finance chief is arrested, SoftBank’s IPO is subscribed, and I am about to record our next edition of TechCrunch Equity. It’s Thursday, December 6, 2018. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author ...
  • China to ‘immediately’ apply measures agreed in trade truce with US Commerce ministry says China will ‘implement consensus’ on farm products, cars and energyChina has said it will immediately implement measures agreed under a trade war “truce” with the US.The commerce ministry’s remarks came days after Donald Trump and… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Chinese stocks plummet as Huawei CFO arrest raises trade fears A string of Chinese stocks fell hard on Thursday after the arrest of Huawei’s chief financial officer Meng Wanzhou in Vancouver deepened concerns over US-China trade tensions. The Hang Seng China Enterprises Index of Chinese companies listed in Hong Kong was off 2.76 percent as of 12:40 p.m. On the Mainland side, the CSI 300 ...
  • Apple’s HomePod will be available in China starting early next year “嘿 Siri!” Apple’s HomePod will be available for sale in China early next year. A listing is already up on Apple’s China site, with the smart speaker priced at RMB 2,799 (about $407), or about 17% more than its $349 price in the United States. Though Apple doesn’t list an exact shipping date for Chinese ...
  • Huawei CFO arrested in Canada, awaits US extradition Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei, awaits a bail hearing upon suspicion she violated U.S. trade sanctions against Iran. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in ...
  • Foxconn or Foxgone? Tariffs, Wisconsin, and iPhone fires First some notes on SoftBank’s rumored expansion into China and its weird fund math, then Foxconn, and then quick notes on tech depression, Huawei, and more. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author (Danny at danny@techcrunch.com) if you like ...
  • JioSaavn becomes India’s answer to Spotify and Apple Music India finally has its answer to Spotify after Reliance Jio merged its music service with Saavn, the startup it acquired earlier this year. The deal itself isn’t new — it was announced back in March — but it has reached its logical conclusion after two apps were merged to create a single entity, JioSaavn, which is ...
  • China’s Didi restructures key units to improve safety following passenger deaths China’s largest ride-hailing operator Didi Chuxing announced on Wednesday a major restructuring, which trails a series of tweaks to its core businesses following two separate passenger murders that happened in May and September. The reshuffle will see Didi — which owns Uber’s China business — knit three key platforms into a new overarching Ride-hailing Business Group ...
  • Alibaba replaces video streaming boss amid anti-corruption probe A top-level reshuffle is sending shockwaves across one of China’s biggest online video businesses. Yang Weidong has stepped down as the president of Alibaba’s video streaming unit Youku, the ecommerce operator’s digital media and entertainment business group confirmed to TechCrunch on Tuesday. Yang is understood to be assisting the police with an investigation into “an ...
  • Tencent Music moving ahead with its $1.2B U.S. stock market debut Tencent Music Entertainment’s initial public offering is back in motion, two months after the company reportedly postponed it amid a global selloff. In a regulatory filing today, the company, China’s largest streaming music service, said it plans to offer 82 million American depositary shares (ADS), representing 164 million Class A ordinary shares, for between $13 ...
  • Trump’s trade war truce with China fragile and hurdle-strewn | Nils Pratley Despite stock markets surging, timeframe for reaching deal to end hostilities appears too tightAs ever with financial markets, what matters is the difference from expectations. Investors did not think the G20 summit would produce an easing of trade ten… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • China’s Infervision is helping 280 hospitals worldwide detect cancers from images Until recently, humans have relied on the trained eyes of doctors to diagnose diseases from medical images. Beijing-based Infervision is among a handful of artificial intelligence startups around the world racing to improve medical imaging analysis through deep learning, the same technology that powers face recognition and autonomous driving. The startup, which has to date raised $70 ...
  • Europe’s ride-hailing companies aren’t scared of Uber Uber is speeding toward a historic IPO next year that could value it as high as $120 billion, but that doesn’t scare its rivals that operate across Europe. Speaking on stage at TechCrunch Disrupt Berlin, Markus Villig — the CEO of $1 billion-valued Taxify — and Via CEO Daniel Ramot, whose company has expanded from Israel into ...
  • ‘Egregious’: U.S. Slams China’s Tariffs on American Automobiles Ahead of Argentina Summit Separately, Trump hinted that he’s looking into imposing tariffs on auto imports Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)MoreClick ...
  • China’s iQiyi to offer $500M convertible note as content costs balloon Chinese video streaming service iQiyi is raising new cash as it feels the squeeze from surging content costs. The video business, which is owned by China’s online search giant Baidu, said on Wednesday that it will issue $500 million in convertible senior notes. Proceeds from the offering will go towards content and technology investments as ...
  • China’s Didi adds driver training program to counter sharp decline in rides Didi Chuxing, China’s largest ride-hailing company by number of users, has been struggling to recover from a major setback following the deaths of two passengers earlier this year. On Wednesday, its founder and CEO Cheng Wei released a letter detailing the company’s moves to step up safety oversight and meet new government rules, including a training ...
  • SimbaPay launches Kenya to China payment service via WeChat Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense Forging another link between Africa ...
  • China leaves Huawei founder off honor roll marking 40 years of economic success In the lead up to China’s 40th anniversary of reforms and opening up, People’s Daily, the mouthpiece of the ruling Communist Party, published a list on Monday commending 100 extraordinary contributors to the country’s economic development. Familiar names like Jack Ma of ecommerce operator Alibaba as well as Pony Ma of gaming and social networking ...
  • Donald Trump warns China he won’t back down on trade tariffs US president says he expects to move ahead on plans to raise tariffs to 25% from 1 JanuaryDonald Trump has raised the stakes in the escalating global trade dispute between the US, China and some of America’s traditional allies ahead of a major gatherin… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Google employees demand that Google stop work on censored Chinese search Google employees are getting bolder about publicly protesting Google policies. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)MoreClick to share ...
  • WeChat e-wallet teams up with Line to target Japan’s 7M Chinese tourists China’s biggest chat app WeChat is set to make its payments service more ubiquitous in Japan, a popular outbound desitnation for Chinese tourists. On Tuesday, the Tencent-run messenger unveils a partnership with Japan’s Line chat app on mobile payments. The tie-up allows Japanese brick-and-mortar merchants with a Line Pay terminal to process WeChat Pay transactions ...
  • Hospital in China denies links to world’s first gene-edited babies News of the world’s first ever gene-edited human babies being born in China caused a huge stir on Monday after the MIT Technology Review and the Associated Press brought the project to light. People in and outside China rushed to question the ethical implications of the scientific breakthrough, reportedly the fruit of a Chinese researcher named He Jiankui from a university ...
  • CRISPR scientist in China claims his team’s research has resulted in the world’s first gene-edited babies In a dramatic development for CRISPR research, a Chinese scientist from a university in Shenzhen claims he has succeeded in helping create the world’s first genetically-edited babies. Dr. Jiankui He told the Associated Press that twin girls were born earlier this month after he edited their embryos using CRISPR technology to remove the CCR5 gene, ...
  • Logitech is reportedly offering $2.2 billion to bring Plantronics headsets into its hardware empire Logitech, the manufacturer best known for its computing peripherals like keyboards and web cameras, is in talks to buy Plantronics, a maker of bluetooth-enabled headsets, according to Reuters. The company is reportedly offering as much as $2.2 billion for Plantronics, according to the Reuters report, in what would be Logitech’s biggest acquisition to date. Driving the ...
  • Meituan, China’s ‘everything app’, walks away from bike sharing and ride hailing A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed all-encompassing platform for local services, continues to put the brakes on bike-sharing and ride-hailing, the company said on its earnings call on Thursday. The eight-year-old firm is best known for competing with Alibaba-owned Ele.me in food deliveries ...
  • In China, replacing coal and biomass stoves has saved lives Particulate matter from solid fuels causes hundreds of thousands of premature deaths. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)MoreClick ...
  • Tencent e-wallet is following Alibaba to Hong Kong subways China’s payments giants have taken their battle to Hong Kong. Less than a week after Ant Financial announced adding QR codes to the city’s MTR public transport network of rail and buses, Tencent’s WeChat Pay unveiled a similar scheme on Wednesday. Starting mid-2021, commuters in Hong Kong can scan a barcode to enter the subway ...
  • WeWork is getting serious about China Since its entry into China in 2016, WeWork has extended from four to around 60 locations across the country’s megacities like Shanghai, Beijing, and most recently, Shenzhen. That’s one-sixth of WeWork’s 360 locations worldwide. It’s also equivalent to what WeWork has achieved in its early five to six years globally, Sern Hong Yu, regional head of project ...
  • Walmart in China is now testing same-day grocery delivery from Dada via WeChat Walmart has just begun testing same-day grocery delivery called Walmart To Go in one of its stores in China, months after the American retail titan expanded grocery delivery in its homeland. The service is accessed through a mini-program within WeChat – the Tencent-owned messaging platform Walmart partnered with earlier this year, in order to better ...
  • Cloud communications platform Agora closes $70M Series C to create new developer tools Agora, a developer of cloud communication APIs, will create products for new markets and verticals after raising a $70 million Series C led by Coatue Management. Existing investors SIG, Morningside Capital and Shunwei Capital also returned for the round, which brings Agora’s total funding so far to $125 million. The startup’s APIs are used by ...
  • Xiaomi gobbles up selfie phone brand Meitu as revenue jumps 49% Xiaomi is diversifying into a new range of phones as the Chinese smartphone maker announced impressive growth with its latest financials. The company announced it will take over selfie app maker Meitu’s smartphone business to go after new demographics, particularly women, while it lodged impressive 49 percent revenue growth in Q3. Xiaomi posted a net profit of 2.481 ...
  • Interest rates and fears of a mounting trade war send tech stocks lower Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell. The Nasdaq Composite Index, which is where many of the country’s largest technology companies trade their shares, was down 219.4 points, or 3 percent, to ...
  • Trade war fears grow as US and China clash – business live Rolling coverage of the latest economic and financial news, as Mike Pence and Xi Jinping spar over trade policy againPence tells Asia-Pacific leaders: China takes advantage of usXi hits back: Confrontation is not the answer 9.07am GMT The pound has ris… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Apec summit fails to agree on statement amid US-China spat Xi Jinping and Mike Pence trade barbs in their speeches in Papua New GuineaAsia-Pacific leaders failed to bridge gaping divisions over trade at a summit dominated by a war of words between the US and China as they vie for regional influence.For the fir… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Scott Morrison at Apec summit insists end in sight to US-China dispute Australian PM downplays Beijing’s Pacific expansionist ambitions as Chinese officials reportedly try to force way into PNG minister’s officeScott Morrison says the United States and China are getting closer to resolving a trade war that threatens econo… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Quantum computing, not AI, will define our future William (“Whurley”) Hurley Contributor Share on Twitter William Hurley, commonly known as whurley, is an American entrepreneur and the founder of Chaotic Moon Studios, Honest Dollar, and Equals: The Global Partnership for Gender Equality in the Digital Age. He is currently chairing the Quantum Computing Working Group for the IEEE Standards Association (IEEE-SA), and is ...
  • China’s hottest news app Jinri Toutiao announces new CEO You may not have heard of ByteDance, but you probably know its red-hot video app TikTok, which gobbled up Musical.ly in August. The Beijing-based company also runs a popular news aggregator called Jinri Toutiao, which means “today’s headlines” in Chinese, and the app just assigned a new CEO. At a company event on Saturday, Chen Lin, an ...
  • Tesla has opened up Model 3 orders to customers in China Tesla is now taking orders for the Model 3 from customers in China, according to its website. Reuters was the first to report that Tesla is taking orders in China. Tesla won’t confirm or comment on the information published on its own China-focused website. Tesla CEO Elon Musk did say in a tweet Thursday that ...
  • China’s Craigslist continues growth after netting 100 million small-town users 58.com, the Craiglist of China, is making a massive push to pick up rural users as it hedges China’s economic uncertainties. During the third quarter, revenues grew 33.2 percent to $527 million and net income jumped 106 percent to $106 million year-over-year.  The classifies giant said in Thursday’s earnings call that it added over 100 million new ...
  • Alibaba and Amazon move over, we visited JD.com connected grocery store in China The arms race to build the future of grocery stores is heating up in China. To no one’s surprise, the main contestants are the country’s ecommerce titans Alibaba and JD.com, which are turning offline for growth. Online retail has flourished in China, but it still accounts for less than 20 percent of the nation’s overall consumption, according ...
  • Hong Kong is adding QR code payments to its subway stations A new dispatch from our ‘QR Codes Are Very Much Alive In Asia’ reporting program: Hong Kong’s subway system will soon allow its commuters to pay by scanning QR codes thanks to a deal with Alibaba that was announced this week. The partnership — which is with Alibaba’s Ant Financial affiliate — will see scan-to-pay ...
  • The forgotten ‘Facebook of China’ is sold for $20M Renren, which was once heralded as the ‘Facebook of China’ and later became China’s answer to MySpace after falling out of fashion among its core young users, is selling its social networking business. Renren’s parent company Beijing Qianxiang Wangjing has agreed to sell all tangible and intangible assets of renren.com to Beijing Infinities Interactive Media, ...
  • Why the future of Chinese e-commerce is in its rural areas China announced a mere 6.7 percent economic growth in July 2018, the lowest growth rate since 2016. Despite a slowdown in overall economic growth, Chinese e-commerce has only increased, accounting for 40 percent of all worldwide e-commerce today. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • China’s NetEase raises $600M for its music streaming business As Tencent Music, China’s largest streaming firm, reportedly stalls on its proposed U.S. IPO, one of its closest challengers is doubling down. NetEase Cloud Music, a rival operated by games and publishing giant NetEase, just closed a fresh $600 million injection from a bevy of investors that include Baidu and General Atlantic, the company announced ...
  • Chinese WeWork rival Ucommune raises $200M to go after international growth China’s Ucommune, the country’s largest rival to WeWork, has been on a busy acquisition spree to build out its domestic business and now it is looking at overseas opportunities after it closed a $200 million Series D funding round. The new round was led by Hong Kong-based All-Stars Investment with participation from Chinese investment bank ...
  • 11/11 shows biometrics are the norm for payments in China Chinese consumers were quick to adopt digital payments, and a recent shopping binge showed they are ready for another leap: biometric payments. On November 11, Alibaba wrapped up Singles’ Day – the world’s largest shopping event – and hauled in $30.8 billion in total transactions, a staggering amount bigger than Cyber Monday and Black Friday combined. ...
  • Canada still hoping to secure a comprehensive free-trade deal with China International Trade Minister Jim Carr says China’s interest in so many Canadian products could ultimately lead to a comprehensive trade agreement Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new ...
  • Alibaba made a smart screen to help blind people shop and it costs next to nothing Just a few years ago, Li Mengqi could not have imagined shopping on her own. Someone needed to always keep her company to say aloud what was in front of her, who’s been blind since birth. When smartphones with text-to-speech machines for the visually impaired arrived, she immediately bought an iPhone. “Though it was expensive,” ...
  • In venture capital, it’s still the age of the unicorn Howie Xu Contributor Share on Twitter Howie Xu is the vice president of artificial intelligence and machine learning at Zscaler. He previously co-founded TrustPath and served as an entrepreneur in residence at Greylock. This month marks the 5-year anniversary of Aileen Lee’s landmark article, “Welcome To The Unicorn Club”. At the time, the piece defined ...
  • Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing Alibaba scored another blockbuster Singles’ Day after customers around the world shopped in stores and online on the tenth edition of its November 11 shopping festival. That puts this year’s gross merchandise volume – a measure for the dollar value of total transactions – at a staggering $30.8 billion, although the company recorded its lowest-ever ...
  • The top 10 cities for $100M VC rounds in 2018 so far Crunchbase News recently profiled a selection of U.S. companies’ largest VC raised in 2018, and no surprise here: the 10 largest rounds all topped out well north of $100 million. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Canada Pension Plan eyes Chinese assets as trade tensions hit valuations The CPPIB has 8 per cent of its funds invested in China and has said it expects to increase that number significantly in the next few years Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • Calling all hackers! Join us for TechCrunch China’s Shenzhen Hackathon on Nov 17 Attention coders, designers and all other builders: the TechCrunch China Hackathon is returning to Shenzhen, the city known as the hardware capital of the world, this month and we want you to take part! So if your inner being is to code, design, build and hack cool things; if you want to have fun with others like ...
  • Travel activities startup KKday lands investment from Alibaba and Line Taiwan’s KKday, a startup in the increasingly competitive travel activities space, has pulled in an undisclosed funding round that adds two strategic investors to its business: Chinese e-commerce firm Alibaba and Japanese chat app company Line. KKday was founded in 2015 to help people who travel overseas to find and book activities, ranging from tours ...
  • With a new deal for customers and a fresh $23 million, Mayvenn extends its hair care business Pitching customers a new, all-inclusive service for buying and installing hair, Mayvenn is looking to significantly expand its haircare business and just raised $23 million in a new round of funding to do it. The new financing was led by Essence Ventures — and it represents the first outside investment by the  holding company owned ...
  • A Chinese recession is inevitable – don’t think it won’t affect you | Kenneth Rogoff Analysts say a Chinese recession would only hurt the region. That may be wishful thinkingWhen China finally has its inevitable growth recession – which will almost surely be amplified by a financial crisis, given the economy’s massive leverage – how wi… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • China can apparently now identify citizens based on the way they walk China is home to the world’s largest network of CCTV cameras — over 170 million — and its police have adopted Google Glass-like ‘smart specs’ to seek out suspects in crowds, but now its surveillance efforts have hit a new level with technology that can apparently identify individuals based on their body shape and the way ...
  • Alibaba rival JD.com plays the long-game on technology investment China’s JD.com  has made it clear recently that it’s venturing into artificial intelligence and automation. Every few months over the past year, the online retailer – China’s second-largest by transactions after Alibaba – has unveiled new products based on cutting-edge technology: for example drone delivery, self-driving trucks, fully automated warehouses, to name a few. Most ...
  • Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Tarform debuted new e-motorcycles but is there a U.S. market? Naspers announces $300 million initiative to support startups and tech in South Africa Africa’s VC landscape is becoming more ...
  • China’s frenzy over League of Legends championship sheds light on esports growth When China’s Invictus Gaming defeated European squad Fnatic in the League of Legends 2018 finals this past Saturday, China’s social media platforms became awash in ecstasy and pride. “It’s like winning an Olympic gold, a teenage dream come true,” writes one thirty-something audience of the competition on his WeChat feed. Many others share that sentiment. ...
  • Trade wars bite as China’s private sector growth hits 28-month low – business live China has suffered a ‘broad-based slowdown’, economists warn, as growth hits its lowest since June 2016Introduction: China’s service sector growth stalled last monthComposite PMI fell from 52.1 to 50.5, near stagnation 8.35am GMT European stock markets… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Xi Jinping promises to open Chinese markets in trade war joust with Trump Leader portrays China as champion of globalisation ahead of talks with US president at G20 – but Asian shares continue to slideXi Jinping has promised to lower import tariffs and improve access to the Chinese market in remarks meant to portray his coun… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • US-China trade deal fears and rising rates put dampener on global rally FTSE 100 closes down 18 points while Wall Street drops after release of strong jobs market dataA strong week for global stocks has ended on an uncertain note at a time of fears over delays to resolve the American trade dispute with China and concerns o… Share this:Click to email this to a friend (Opens in ...
  • How did Iran find CIA spies? They Googled it Yahoo News report points to exposure of CIA communications causing deaths of dozens. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new ...
  • Tencent is launching its own version of Snap Spectacles Some were surprised to see Snap release a second version of its ‘face-camera’ Spectacles gadget, since the original version failed to convert hype into sales. But those lackluster sales — which dropped as low as 42,000 per quarter — didn’t only fail to dissuade the U.S. social firm from making more specs, because now Tencent, ...
  • Markets surge after Trump hints at China trade deal – business live Rolling coverage of market reaction to Donald Trump’s trade optimism and US non-farm payrolls 10.12am GMT Simon Wright, the chief executive of Crossrail, will be replaced by the head of the London Underground following the government’s £350m bailout of… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Shares soar as Trump hints at possible US-China trade deal The president’s positive remarks about a call with Xi Jinping, and a report that he has asked officials to draw up terms, lift battered markets Asian shares have surged on reports that Donald Trump wants to reach an agreement with Chinese president Xi … Share this:Click to email this to a friend (Opens in new window)Click ...