China Financial News
17.10 / 23:53
17.10 / 23:53
NVIDIA
country
Nvidia may be forced to shift out of some countries after new US export curbs
(Reuters) — Nvidia (NASDAQ:NVDA) said it may be forced to move some business operations out of countries that are in the purview of U.S. export curbs after the Biden administration on Tuesday expanded its restrictions on export of certain high-end technology.
17.10 / 21:09
regulation
us government
NVIDIA
OpenAI
US expands export controls for AI semiconductor chips to China
The United States Department of Commerce’s Bureau of Industry and Security (BIS) released a notice on Oct. 17 expanding the already existing export controls of artificial intelligence (AI) chips to China.
17.10 / 21:09
Digital Currency
regulation
Digital Asset
legislation
South Korean regulator outlines steps to enhance digital asset legislation
South Korea’s Financial Supervisory Service (FSS) is preparing regulations to supplement the Virtual Asset Users Protection Act passed earlier this year, according to local reports. New regulations should be ready by January, well ahead of the law entering into force, the FSS head said.
17.10 / 19:34
17.10 / 19:34
17.10 / 19:34
Williams
Highways
President
country
cover
Latin
isolate
Here are the key leaders joining the Belt and Road forum and their wish lists to Beijing
China is hosting its third international forum centered around President Xi Jinping’s signature policy, the Belt and Road Initiative, which over the past 10 years has built infrastructure across continents, burdening some smaller countries with debt
17.10 / 19:34
UPS
Amazon
Platform
TripAdvisor
Actor
travelers
Amazon, Tripadvisor and other companies team up to battle fake reviews while FTC seeks to ban them
Some of the most used platforms for travel and online shopping said Tuesday they’re going to team up to battle fake reviews
17.10 / 19:34
Manufacturing
President
country
concert
reports
Department
prevention
Updates
The Commerce Department updates its policies to stop China from getting advanced computer chips
The Commerce Department has updated and broadened its export controls to stop China from acquiring advanced computer chips and the equipment to manufacture them
17.10 / 19:27
MET
Digital
Manufacturing
NVIDIA
country
prevention
Explained: How the US will cut off China from more AI chips
advanced artificial intelligence to China and other countries. The measures are designed to prevent China from acquiring the cutting-edge chips needed to develop AI technologies such as large language models, which power applications such as ChatGPT but that US officials say also have military uses that present a national security threat.
17.10 / 19:27
FIVE
Aware
Manufacturing
CEO
President
beautiful
exclusive
NARS Cosmetics plans to be among top 5 premium makeup brands here
NARS Cosmetics, part of Shiseido Group from Japan, aims to be among the top five premium makeup brands in India within 3 years of its entry, Nicole Tan, president & CEO of Shiseido APAC, told ET. Shiseido Group has entered into a distribution partnership with Global Ss Beauty Brands, a subsidiary of Shoppers Stop. Shiseido is a skincare, suncare and makeup brand under the Shiseido group and had entered India in 2001 with Baccarose. Apart from online and shop-in-shop stores, the company has also planned to open 3 exclusive brand outlets within this calendar year and double the number next year.
17.10 / 19:25
17.10 / 19:25
17.10 / 19:25
17.10 / 18:25
Baidu
ChatGPT
OpenAI
Baidu unveils Ernie 4.0 AI system, says overall performance ‘on par with ChatGPT’
Baidu, one of China’s largest technology companies, released version 4.0 of its popular “Ernie” artificial intelligence (AI) large language model (LLM) chatbot.
17.10 / 18:15
Citi
Digital
Progressive
Platform
Align
country
Latin
Hong Kong's Crypto Rise: Harbinger for China?
Eastern Asia has seen its cryptocurrency market dynamics shift significantly, with a notable decline in crypto activity over recent years, primarily attributed to China's restrictive stance. However, a wind of change may be blowing from Hong Kong, as the region experiences a surge in crypto-related initiatives and regulatory friendliness, igniting speculations regarding China's evolving digital asset outlook, according to Chainalysis.
17.10 / 18:13
Facebook
UPS
Amazon
TripAdvisor
Actor
social
Amazon, Tripadvisor, other companies team up to battle fake reviews
online shopping said Tuesday they're going to team up to battle fake reviews. Amazon, reviews site Glassdoor and Trustpilot as well as travel companies Expedia Group, Booking.com and Tripadvisor said in an announcement they're launching a coalition that aims to protect access to «trustworthy consumer reviews» worldwide.
17.10 / 18:09
Provident
Digital
WhatsApp
Xiaomi
Department
shock
Newsclick case: Neville Roy Singham rejects allegations of funding, claims NYT article influenced by misinformation
Newsclick case: Millionaire Neville Roy Singham, who was accused of spreading China's propaganda in India in the Newsclick case that saw founder Prabir Purkayastha get arrested, has rejected all allegation in a four page rebuttal published on The Hindu. The Delhi Police has named Singham as as one of the accused in the Newsclick terror case. Singham has issued a rebuttal citing the New York Times artiocle that first brought attention to Newsclick.
17.10 / 16:17
Citi
Align
WhatsApp
President
stage
reports
Nepal engulfed in China's debt trap over Pokhara airport deal: Report
Chinese companies, had finally become operational. However, beneath the surface of this grand opening lay a complex and unsettling reality - one that highlighted China's controversial infrastructure influence and its geopolitical rivalry with India, The New York Times reported.
17.10 / 15:41
COST
UPS
Lowe's
Platform
country
Low
Stellantis to base 'around' seven models on a fifth, low-cost platform
MEUDON, France (Reuters) — Stellantis (NYSE:STLA) plans to base seven models on a fifth, low-cost platform, an executive for the automaker said on Tuesday, as it prepares to compete against an expected 'flood' of cheap Chinese electric (EV) cars into Europe.
17.10 / 15:41
Reuters
economy
BlackRock
country
reports
Ant
Joint Venture
stake
Vanguard sells stake in joint venture with Ant - Bloomberg News
(Reuters) — U.S. asset management giant Vanguard Group has sold its 49% stake in a joint venture with Jack Ma-backed Ant Group Co, Bloomberg News reported on Tuesday, citing people familiar with the matter.
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