Tennis icon Roger Federer, former world number one, has confirmed his participation in a doubles match at an event in Shanghai Masters, which takes place on Oct. 1. ( read original story ...)
China’s $14 trillion stock market is a headache for both Xi and Trump
Instead of incentivising Chinese consumers to spend, poor stock returns have nudged them toward saving. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
Shanghai Commercial & Savings Bank adopts Temenos platform
Shanghai Commercial & Savings Bank (SCSB), one of the listed banks in Taiwan, has selected Temenos and IBM to replace its legacy core systems with Temenos open platform for composable banking. ( read original story ...)
Shanghai buses will soon have WiFi – China – Chinadaily.com.cn
China Telecom, one of China's major telecom providers, and Shanghai's bus agency plan to offer WiFi access on Shanghai's public buses, according to a China Telecom branch in Shanghai. ( read original story ...)
China mandates more domestic AI chips for data centres to cut reliance on Nvidia
In 2023 and 2024, more than 500 new data centre projects were announced across the country, in places such as Inner Mongolia and Guangdong. ( read original story ...)
China’s $11 trillion stock market is a headache for both Xi and Trump
At the heart of why consumers in China save so much and spend so little, and why Xi Jinping and Donald Trump will struggle to change that behavior even if they want to, lies the country’s stock market ... ( read original story ...)
China steps up tax crackdown on overseas investments
Wealthy individuals are rethinking trading strategy as Beijing tries to fill its coffers to counter economic pressure ... ( read original story ...)