China Financial News
07.11 / 00:19
Manufacturing
Strategy
Microchip
Department
Intel in lead position for billions in funding for secure defense chip factories
Intel (NASDAQ:INTC) is at the forefront of possibly receiving multi-billion-dollar government funding for secure microchip manufacturing plants serving the U.S. defense and intelligence, according to The Wall Street Journal, which cited people familiar with the matter.
06.11 / 22:46
Target
CEO
Mobile
Apple
NXP
performer
Chipmaker NXP forecasts profit above estimates on resilient auto, industrial
(Reuters) — Chipmaker NXP Semiconductors (NASDAQ:NXPI) forecast fourth-quarter profit above Wall Street targets on Monday, expecting a resilient automotive market and stable industrial demand to offset weakness in other key markets.
06.11 / 22:23
Dogecoin
Ethereum
XRP
Cardano
TON
Bitcoin
Dollar
Price analysis 11/6: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON
Bitcoin’s (BTC) marginal rise of about 1.5% last week suggests that traders are cautious at higher levels but they are not rushing to the exit. The bears have been in hibernation for the past few days but if the rally fails to resume, sellers may try to make a comeback.
06.11 / 22:23
06.11 / 19:21
BTC
Digital
Mining
Pool
Align
Bitcoin
China’s BTC Digital Bolsters Bitcoin Mining Capability with 220 Units – Crypto Mining Making a Comeback?
BTC Digital, a Chinese Bitcoin mining firm with operations in the US, has announced the purchase of 220 Bitmain Antminer S19j Pro Bitcoin mining machines, bolstering its Bitcoin mining capabilities.
06.11 / 17:17
Blockchain
defi
Conflux multichain protocol shuts down after two years
ShuttleFlow, the ecosystem multichain protocol operated and maintained by Conflux Foundation, also known as the Shanghai Tree-Graph Blockchain Research Institute, will shut down after two years.
06.11 / 17:11
Manufacturing
CEO
Align
Patrick
President
Inside
Weekly
Buffett sells BYD shares; a 51% WeWork bid: Insider trades & hedge funds weekly
Investing.com — Here is your Pro Recap of the biggest insider trades and institutional investor headlines you may have missed last week: Berkshire Hathaway sells $25.8 million worth of shares in China's BYD, Cole Capital Funds seeks to acquire 51% of WeWork, and top brass buys at Align Technology, Arbor Realty Trust, Loews, Greenbrier, and Fifth Third Bancorp.
06.11 / 16:37
BLOCK
Cooper
economy
Remark
President
show
country
China Premier Li seeks to bolster his country's economic outlook at Shanghai trade fair
Seeking to generate excitement around a largely lackluster economy, Chinese Premier Li Qiang is pledging to continue deepening reforms, expand free trade zones and relax market access for foreign investment
06.11 / 16:37
Provident
economy
Align
Remark
Nov
country
Estonia will allow Taiwan to establish a nondiplomatic representative office in a policy revision
Estonia's government says it will allow Taiwan to open a nondiplomatic representative office of Taipei in the Baltic country to boost economic and cultural ties with the self-governing island
06.11 / 16:37
Citi
FIVE
President
country
reports
patient
strain
Australian
Australian prime minister to protest blogger's detention conditions while meeting China's leader
Australian Prime Minister Anthony Albanese says he will protest a lack of transparency in China’s treatment of a detained Australian democracy blogger when meeting with President Xi Jinping in Beijing during a trade-focused state visit
06.11 / 16:37
Progressive
LGBT
Remark
President
country
reports
Australian
Australian and Chinese leaders meet in Beijing while their countries try to mend ties
The leaders of Australia and China have welcomed the improvement in relations between their two countries in the past year and emphasized the importance of engaging with each other despite differences on issues such as defense
06.11 / 15:45
06.11 / 13:28
Racing
economy
Experts
country
consequences
China may have to slow down in the superpower race and tackle domestic problems
fire. While consumer sentiment appears to be gradually reviving, it remains below its levels in 2019. Excessive household savings that had once found their way into fixed assets have not switched to consumption, a caution that may be derived from the negative ‘wealth effect’ of depressed real estate value.
06.11 / 13:28
Manufacturing
Micron
Coherent
show
electronic
reports
testing
The ambitions of Tata and Vedanta in electronics are a study in contrast
Vedanta Ltd a lesson on the better path toward industrial expansion. Taipei-based Wistron is slowly exiting its business of assembling Apple’s marquee product. Two years ago, it sold a Chinese unit that makes iPhones to Luxshare Precision Industry Co.
06.11 / 13:01
06.11 / 12:23
business
Adoption
Metaverse
Financial Services
Financial Systems
services
Financial
Mauritius mulls wrapping metaverse into financial services
The Financial Services Commission (FSC) of Mauritius started collecting feedback from industry stakeholders and the general public regarding the inclusion of metaverse within the financial services industry.
06.11 / 12:23
Government
ETF
regulation
Bitcoin
HK
NOT
China ‘does not want to miss out’: Community reacts to HK spot Bitcoin ETF news
The cryptocurrency community is excited about the Hong Kong government reportedly weighing the launch of a spot cryptocurrency exchange-traded fund (ETF) amid the ongoing regulatory pushback against such products in the United States.
06.11 / 12:01
Provident
FIVE
Maxim
Parke
Occidental
reports
week
Futures edge up, earnings this week - what's moving markets
Investing.com -- Stock futures on Wall Street inch higher to begin the trading week, with investors digesting the implications of recent economic data on future Federal Reserve policy decisions and looking ahead to a fresh batch of corporate earnings. Elsewhere, China's Ant Group wins approval from Beijing to release its AI model to the public, while the cash pile at Warren Buffett's Berkshire Hathaway (NYSE:BRKa) swells to a record high.
06.11 / 10:43
Adoption
regulation
security
Tokens
Futures
Hong Kong regulator issues tokenized investments requirements amid demand
The Securities and Futures Commission (SFC) of Hong Kong laid down the business requirements for offering tokenized securities and other investment products in a circular released Nov. 2.
06.11 / 10:05
Action
Strategy
economy
Celebrity
country
strain
evacuation
The Gaza war has deepened Joe Biden’s Iran nightmare
step back from immediate escalation. Yet amid the bloody struggle in Gaza between Israel and Hamas, a broader and potentially more dangerous rivalry with Iran is growing. Having abandoned the Trump-era approach of “maximum pressure" on Iran, in recent months the Biden administration had sought quietly to reduce tensions.
06.11 / 08:37
Art
Software
Parke
voice
social
testing
prevention
park
AI summit at Bletchley Park delivers precious little on regulating Big Tech
Regulating artificial intelligence (AI) has joined outer space as the latest battleground for dominance among the world’s advanced nations. Eagerness to dominate is no guarantee of clarity, though. The larger picture on what is to be done, and how, remains unclear even after the recent British summit on AI – which saw participation from all major AI powers, including the US and China – the Biden administration’s executive order on AI safety, and the European Union Artificial Intelligence Act.
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