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CHINESE BROKERED DEAL
ByteDance in talks with China's Iluvatar CoreX to purchase AI chipsByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology...- A shadowy Oman-Iran plot provoked Trump’s “blow ’em up” threatUS President Donald Trump has sent a stark message to the Sultanate of Oman, warning of potential military repercussions should it move for...
- Pageantry over policy: Takeaways from Trump's China tripPresident Trump's state visit to Beijing with Chinese President Xi Jinping yielded few concrete outcomes on key issues like Iran, trade, an...
- POTUS: China is paying substantial tariffs, but we didn't discuss leviesWhile Trump maintained the leaders this week spoke about "almost everything you can discuss, except for a reduction of tariffs," he did all...
- US stocks today: S&P 500, Nasdaq end lower as inflation, Iran tensions weighUS stocks closed lower as hotter-than-expected inflation and escalating US-Iran tensions weighed on sentiment. The S&P 500 and Nasdaq retre...
- Chinese firm shuts Gwadar plant in Pakistan, lays off workers amid lossesA Chinese firm has ceased operations in Gwadar citing business difficulties. This development raises concerns ahead of Prime Minister Shehb...
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- Iran war has revealed Trump's pressure point: the economyIran's actions in the Strait of Hormuz have revealed a key vulnerability for President Trump. The conflict has led to rising energy costs a...
- Iran war: Strait of Hormuz traffic barely affected on first day of US blockade, data showsUS-Iran war news: Traffic through the Strait of Hormuz remained limited on the first full day of a U.S. blockade of Iranian ports, despite ...
- Houthis spare Chinese car ships, but others aren’t so lucky - here's the surprising reasonHouthi rebels target ships in the Red Sea. But Chinese car carriers are spared. A deal between China and Houthis, possibly via Iran, is sus...
- Alibaba to offload 3.5% stake in Zomato via block deal tomorrow: ReportThe deal could fetch the group about $200 million
- Wall Street’s mysterious 2,200% IPOs come from tiny N.J. brokerThe trend is eerily familiar to market participants in Hong Kong, which was a hotbed for mysterious moves in tiny stocks before a regulator...
- U.S. issues fresh Iran sanctions, targets Chinese, UAE firmsIRAN-OIL/USA-SANCTIONS (UPDATE 1)UPDATE 1-U.S. issues fresh Iran sanctions, targets Chinese, UAE firms
- US targets Chinese, Indian brokers in new Iran sanctionsPresident Joe Biden's administration said that it still remained committed to diplomacy with Iran to restore a 2015 agreement on curbing it...
- Chris Wood may leave CLSA in latest high-level exitThe Hong Kong brokerage has been facing a series of exits on top.
- Chinese drug startups look to ride ‘Sea Turtles'The informal networking circle is now an exclusive industry group called BayHelix that counts among its members more than 300 senior execut...
- What Indian executives working with Chinese companies should keep in mindSome executives play it safe, others opt for local grub and still others fall in between, scouting for Indian restaurants in their city of ...
- Hong Kong most expensive retail location, luxury brands use flagship stores to break into Chinese markerInternational fashion brands and luxury retailers have used flagship stores in Hong Kong to break into the Chinese market and attract custo...
- Hit not big enough to unsettle banksWhile the hits may not be big enough to unsettle these banks, the nature of transactions is reminiscent of past securities scandals.
- Blackstone to pay $600 mn for BlueStar stakeBlackstone Group, manager of the world’s biggest buyout fund, agreed to pay as much as $600 million for a 20% stake in China National BlueS...
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