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Posted on November 4, 2020

China’s Dramatic Suspension of Ant Listing to Hurt Business Outlook, Valuation

China’s shock suspension of Ant Group’s record $37 billion listing in a last-minute regulatory ambush looks set to hit the financial technology giant’s growth prospects and cut into its valuation. The …

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Posted on November 4, 2020

China says US sends out wrong signals to Taiwan on potential drone sale deal

The U.S. State Department cleared the potential sale of four sophisticated U.S.-made aerial drones to Taiwan in a formal notification sent to Congress.

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Posted on November 4, 2020

China’s yuan has its worst fall in years on fears of renewed US tension

The US presidential election is far from decided. But Chinese markets may already be getting jittery about the possibility that President Donald Trump could pull out a second term.

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Posted on November 4, 2020

In China, Bemusement and Scorn Over Unresolved U.S. Election

Chinese social media users watched election day in the United States with bemusement and mockery, as President Donald Trump complained of a “major fraud on our nation” and falsely claimed victory …

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Posted on November 4, 2020

China says U.S. sends out ‘wrong signals’ to Taiwan on proposed drone sale

U.S. relations have plunged to their lowest level in decades amid disputes about security, technology, the coronavirus pandemic and human rights.

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Posted on November 4, 2020

Ant Group: China yanks IPO to show Jack Ma who’s really in charge

Beijing just showed tech titan Jack Ma and the rest of China’s billionaire tycoons who’s really in charge. Chinese regulators stunned financial markets on Tuesday when they slammed the brakes on Ant …

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Posted on November 4, 2020

US approves drone sale to Taiwan while all eyes on White House race

Taiwan – the first time the remotely piloted aircraft have been part of a package for Taipei since export restrictions were eased in July. The US State Department announced on Tuesday – while the US …

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Posted on November 4, 2020

US approves drone sale to Taiwan while all eyes on White House race

Taiwan – the first time the remotely piloted aircraft have been part of a package for Taipei since export restrictions were eased in July. The US State Department announced on Tuesday – while the US …

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Posted on November 4, 2020

Indonesia’s iSeller bags series A round from Openspace Ventures, Mandiri Capital

The capital injection will go toward business expansion, including the acceleration of merchant acquisition and onboarding.

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Posted on November 4, 2020

Australia calls for China to ‘play by the rules’ after reports of multibillion-dollar trade bans

Trade minister says businesses need clarity after reports many Australian exports will be stopped at customs from Friday …

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