China
Tencent shuts down its rival to Amazon’s Twitch months after China blocked key $6 billion gaming merger
Tencent attempted to create a gaming live streaming giant through the merger of Huya and DouYu, two companies it has a significant stake in. But regulators in China shut the deal down in 2021. Months later, Tencent is shutting down its own game live streaming service Penguin E-Sports. Feature China | Future Publishing | Getty […]
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China warns of strong measures if U.S. Speaker Pelosi visits Taiwan
Chinese Foreign Ministry spokesman Zhao Lijian attends a news conference in China on December 20, 2021. China warned on Thursday it would take strong measures if U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan, following media reports she would go next week. Vcg | Visual China Group | Getty Images China warned on Thursday […]
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China’s smartphone market could plunge 20% as Covid cases spike — but Apple may see growth
China’s smartphone market could decline in the second quarter as the country experiences a resurgence of covid cases, analysts said. But Apple could fare quite well, the analysts said as it continues to attract users in the high-end of the market. Future Publishing | Future Publishing | Getty Images China’s recent surge in Covid cases […]
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These global stocks were first-quarter winners and Wall Street sees more upside ahead
These buy-rated stocks from the U.S. and beyond had a strong start to the year and are expected to continue to rise. Source
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China’s services sector activity squeezed by omicron surge
Customers eating at a restaurant in China on 26 March 2022. Activity in China’s services sector contracted at the steepest pace in two years in March as the local surge in coronavirus cases restricted mobility and weighed on client demand, a private sector survey showed on Wednesday. Zhang Peng | Lightrocket | Getty Images Activity […]
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Here are the 3 top trends for Asia’s start-up scene in 2022, according to Microsoft
For entrepreneurs in Asia, the future seems brighter than ever. More so than elsewhere in the world, Asia “leapfrogged other forms of connectivity” to become so-called “mobile-first,” said Jesus Martin, chief strategy at Microsoft Asia. “And because Asia went mobile-first, mobile became the platform that underpinned innovations and new business models.” Mobile first refers to the strategy […]
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Wind energy needs dramatic increase to hit net-zero goals, new report says
Onshore and offshore wind turbines photographed in Flevoland, the Netherlands. Mischa Keijser | Image Source | Getty Images The wind energy sector had its second best year in 2021 but installations will need to dramatically increase going forward to keep track with net-zero goals, according to a new report from the Global Wind Energy Council. […]
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Investors may be jumping the gun on Chinese stocks
The Baidu Inc. logo is displayed on the company’s headquarters on July 3, 2019 in Beijing, China. Wan Xiaojun | Visual China Group via Getty Images Some analysts remain pessimistic on U.S.-listed Chinese stocks, warning the road ahead remains uncertain despite signs that they’re at less risk of being delisted from U.S. exchanges. “Global investors […]
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Stocks making the biggest moves midday: Twitter, Starbucks, Tesla and more
Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter — The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $2.9 billion. The purchase came weeks after the Tesla CEO polled […]
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U.S.-listed Chinese stocks jump after China reportedly considers sharing company audits
A security personnel stands guard at the opening session of Baidu’s annual AI developers conference Baidu Create 2019 in Beijing, China, July 3, 2019. Jason Lee | Reuters New York-listed Chinese stocks jumped Friday after a report that China is considering sharing key information that would allow the firms to continue trading publicly in the […]
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