As $1-trillion evaporated from Chinese stocks last week, some investors realised they hadn’t paid enough attention to the country’s most important man: President Xi Jinping.
Author: Agency Staff
It turns out even the most compliant Chinese billionaires aren’t immune to the regulatory onslaught sweeping the world’s second largest economy.
Users of Facebook’s WhatsApp instant messaging platform can now send disappearing photos and videos on its platform starting this week, as it looks to better compete with Snapchat.
The UK is considering blocking a takeover of ARM by Nvidia due to potential risks to national security, according to people familiar with the discussions.
US investigators have joined an investigation into Mirror Trading International, seen as 2020’s biggest cryptocurrency scam, to help liquidators of the South African scheme recover the assets of out-of-pocket investors.
Shares in both Naspers and its European spinoff Prosus tumbled on Tuesday, following Tencent’s sharp fall after a Chinese state media article described online videogames as “spiritual opium”.
When China began opening up to investment four decades ago, many expected that as its economy became more capitalist, its politics also would become more democratic. They didn’t.
Tencent shares were on track to fall by their most in a decade on Tuesday after a Chinese state media outlet branded online videogames “spiritual opium”.
There are widespread doubts that renewable energy projects can happen fast enough to replace coal. So a controversial fossil fuel remains part of the planned energy mix: natural gas.
Ethiopia will reopen bidding for its second telecommunications operator licence this month, two senior government officials said on Monday, including the right to operate mobile financial services.