Taiwan has suspended trading on its $2.5 trillion stock market as residents brace for a direct hit from Super Typhoon Kong-Rey, one of the biggest storms to strike the island this late in the year. ( read original story ...)
Shanghai is scared of Halloween parties: “Authorities have become paranoid”
"They believe that Halloween costumes could be a pretext for staging a disguised public protest against government control and repression," says one business owner. Chen recounts that on Thursday at ... ( read original story ...)
A New Mobile Speeds Report Shows U.S. Airports Have Work To Do
Yet the results of a recent Ookla report, which analyzed the download speeds, upload speeds and latency for Wi-Fi and mobile data for over 50 of the world’s busiest airports, revealed the United ... ( read original story ...)
China’s central bank conducts 500 billion yuan of outright reverse repos in October
China's central bank said on Thursday it conducted 500 billion yuan ($70.24 billion) of outright reverse repurchase agreements in October. The tenor of the reverse repos was six months. Separately, ... ( read original story ...)
Shanghai unveils measures to bolster financing for SMEs
Shanghai's SME financing guarantee fund will be expanded to 120 billion yuan in 2024, with a 5 billion yuan carve-out for a science and technology innovation guarantee plan. ( read original story ...)
China’s Shanghai braces for torrential rain as Typhoon Kong-rey advances
China's financial hub Shanghai is bracing for potentially the worst rains in more than 40 years as Typhoon Kong-rey looks set to arrive from the south to sweep along the eastern coast over the next ... ( read original story ...)
WinSemi sees support from satellite, Wi-Fi 7, optical communications despite weak China handset demand
GaAs foundry house Win Semiconductors (WinSemi) has offered a weak outlook for China's Android phone market in the fourth quarter of 2024, but expects significant results from satellite, Wi-Fi 7, and ... ( read original story ...)