Qualcomm plans to downsize its business in China amidst concerns over the economic situation and demand uncertainties, it emerged late last week. ( read original story ...)
Bitcoin gains legal recognition in Shanghai despite China’s crypto ban
Supporting this perspective, a Shanghai court recognized Bitcoin as virtual property in May 2022, thereby strengthening legal rights for cryptocurrency in China. Despite China's official stance ... ( read original story ...)
Nio Addresses ‘Market Speculations’ as Stock Falls
Chinese electric-vehicle maker Nio is clarifying that it has no capital raising activity to report, other than its recent senior note offering. The company issued the statement after it said it was ... ( read original story ...)
Stock market today: Asian world shares mostly lower after Wall St has its worst week in 6 months
Shares in Asia were mostly lower on Monday, with Tokyo the only major regional market to advance, after Wall Street wheezed to more losses with its worst week in six months. U.S. futures and oil ... ( read original story ...)
Qualcomm to downsize Shanghai R&D facility amid tech tensions and declining smartphone sales
Qualcomm (NASDAQ:QCOM), the American semiconductor giant, is set to reduce its workforce at its research and development (R&D) facility in Shanghai, China, as it navigates a challenging period marked ... ( read original story ...)
Shanghai lures new investment with global partnership measures
The Implementation Measures for Shanghai’s Global Partnership for Foreign Investment Promotion, which was recently unveiled by the Shanghai Municipal Commission of Commerce, would further introduce ... ( read original story ...)
Michelle Yeoh Helps Cindy Chao Celebrate New Exhibition In Shanghai
Oscar-winning actress, Michelle Yeoh, wore the “2023 Black Label Masterpiece II Pamir Brooch” paired with "Emerald Architectural Earrings” and the “ Emerald Branch Ring” ... ( read original story ...)