Despite Ban, Chinese Court Rules People Can Trade Cryptos — But There’s A Catch
Despite China’s ban on digital asset services, a Chinese court has ruled that its people may continue to trade cryptocurrencies.
Crisis Averted, Retail Sales, And Regional Manufacturing
Good Morning Everyone!
Remember, tough markets don’t last but tough investors do.
Tesla Rethinks China Sales Strategy, Wants To Wind Down Stores In Flashy Malls: Report
Tesla Inc (NASDAQ: TSLA) is re-evaluating the way it is selling electric cars in China and is considering winding down some showrooms located in flashy malls in cities like Beijing that witnessed a slump in traffic during pandemic restrictions, reported
Nio, EV Shares Drop Over 1%, While Alibaba, Tech Peers Mixed: What’s Weighing On Hong Kong Stocks Today
Hong Kong stocks opened mixed on Thursday morning, with the benchmark Hang Seng gaining 0.38%, while EV stocks declined. Shares of XPeng, Li Auto and Nio fell over 1%.
Google And Facebook Parent Fined Millions Of Dollars By South Korea Over Privacy Law Violations
South Korea has imposed fines to the tune of millions of dollars on Alphabet Inc’s (NASDAQ: GOOGL) Google and Meta Platforms Inc (NASDAQ: META) following
Apple To Use Latest TSMC Tech In iPhones, Macs Next Year, In Industry First: Report
Apple Inc. (NASDAQ: AAPL) is likely to be the first company to use an updated version of Taiwan Semiconductor Manufacturing Co.
Alibaba, Baidu Slide Over 3% As Wall Street Horror Spreads To Hong Kong Stocks: Report Sparks Fears Of US-China Tensions Over Taiwan
Hong Kong shares plunged on Wednesday, taking cues from a heavy sell-off on Wall Street triggered by higher-than-expected U.S. inflation for August. Shares of Alibaba, Baidu, and JD.com fell over 3%, with the benchmark Hang Seng Index losing over 2.3%.
Despite the Hype, 3D Printing Leader UnionTech Remains a Fundraising Minnow
Key Takeaways:
Leading 3D printing equipment maker UnionTech has raised a modest $28.8 million in its latest funding, as it expands into businesses across the 3D printing value chain
Nintendo Shares Jump 6% As ‘Splatoon 3’ Makes Blistering Switch Debut In Japan
Shares of Japanese multinational video gaming company Nintendo Co., Ltd (OTC: NTDOY) surged close to 6% in intra-day trade in Japan after its family-friendly online shooter game Splatoon 3 became the biggest Switch debut with 3.45 million units sold in the Asian country over its opening weeke
Will Indonesia Ignore US Sanctions Threat And Buy Russian Oil? President Widodo Says If A Country Offers Better Price, ‘Of Course’
As pressure piles on the Indonesian government over surging energy costs, the country is reportedly considering to join its Asian counterparts in buying Russian oil.