Alibaba (BABA) easily topped our quarterly estimates last week, with sales up 42% amid the ongoing U.S. and China trade war. The Chinese e-commerce powerhouse’s stock price has been volatile during the past two years. But Alibaba looks strong...
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Related topics: J.P. Morgan Chase & Co., UBS
Last week a surprising report emerged from Reuters, namely that as part of its escalating capital controls, Chinese authorities have curbed private gold imports since May as the trade war escalated in a move that could be aimed at curbing outflows...
Related topics: Reuters
With the stock currently trading right around the level of its March 2018 IPO price, iQiyi (NASDAQ: IQ) shareholders were looking for reassurances that China's streaming video leader was still a worthwhile investment going into its second-quarter...
Related topics: Initial Public Offering, Nasdaq, US Equity Markets, Business Videos
Simon Cheng Man-kit, a 28-year-old staffer at the British Consulate in Hong Kong, hasn't returned from an August 8 trip to mainland China. Many fear Cheng's disappearance is a harbinger of hostile actions against people suspected of supporting the...
Related topics: Hong Kong
The CareVoice, a Shanghai-based health insurance software startup with ambitions to expand throughout Asia, announced today that it has raised about $10 million in Series A funding.
The investment was led by LUN Partners Group and an undisclosed...
Related topics: Shanghai, Startup
1. President Trump on Wednesday framed his trade war with China in religious terms, saying he was "the Chosen One" to confront Beijing over economic policies he considers unfair to the U.S. "This isn't my trade war, this is a trade war that should...
Related topics: Religion, Beijing
Most Americans could be forgiven for thinking that the 'trade war' is really only impacting the US and (maybe) China. After all, it was President Trump's belligerent rhetoric about holding China accountable that helped him win in 2016 in the first...
Related topics: South Korea, Japan
Beijing on Thursday accused Ottawa of worsening bilateral relations after Canadian Prime Minister Justin Trudeau vowed to stand up to China amid deepening diplomatic and trade disputes. The two countries have been locked in a feud since last...
Related topics: Beijing, Canada, Ottawa
The U.S-China tariff war, combined with acquisition costs, have knocked the wind out of Palo Alto Networks (NYSE: PANW) in recent months, bringing an end to the high-flying cybersecurity specialist's terrific run on the stock market. But the Nikesh...
Related topics: US Equity Markets
The action comes amid President Trump’s frustration over China’s failure to curb the flow of drugs into America.
Trump's tariff strategy is obviously incoherent, but other approaches like anti-trust to improve the US trade's position are sorely wanting.
Pro-democracy protests in Hong Kong continue as China flexes its muscles and warns of an intervention. Today, we feature an exclusive interview with Alvin Yeung, a politician from Hong Kong who supports the protests and hopes to achieve reforms....
Related topics: Hong Kong, Protests
Members of the Pacific Islands Forum had earlier sought to expel Australia from the group over what they described as its “neo-colonialist approach.” The move comes amid Canberra’s push to tackle Beijing’s increasing clout in the...
Related topics: Beijing, Australia
The news comes after Huawei was placed on an entities list in May by the Trump administration, which blacklisted the Chinese tech giant and 70 affiliates, as well as blocking it from buying and selling to US companies, including providing IT...
Related topics: Huawei, Beijing
New Delhi (Sputnik): India's state-funded Oil and Natural Gas Corporation (ONGC) has been carrying out oil exploration in the contested waters of the South China Sea. Sources said it is the third significant intrusion in 2019 into Vietnam's...
Related topics: India, New Delhi, Vietnam
Earlier, after Sunday's test of a treaty-violating missile at a US test range in California, Russia and China formally requested a UN Security Council meeting to discuss Washington's plans to test and deploy new medium-range ground-based missiles.
Related topics: Russia, Vladimir Putin
Earlier, senior Pentagon officials mentioned concerns about China's growing diplomatic, economic and military clout around the world, including over Sub-Saharan Africa, where prospective Chinese military bases could “threaten US freedom of...
Related topics: Pentagon, Saudi Arabia, Egypt, Israel, Military