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CHINA COVID CRACKDOWN
As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Top scientist behind China's first COVID-19 vaccine expelled from Parliament for graftYang Xiaoming, developer of China's first COVID-19 vaccine, was dismissed for corruption amid President Xi Jinping's anti-corruption campai...
- Thirty years after Tiananmen, its almost as if nothing happened thereChina's ruling Communist Party's resolution on its 'achievements and historical experiences' highlights political disturbance in 1989 in Ch...
- China's Didi sees 2022 revenue hit by Covid, net loss narrowsChina imposed stringent COVID restrictions across the country last year that had hammered its economy. It lifted those restrictions in Dece...
- Protester breaks silence on China's crackdown on COVID demonstratorsChina's Public Security Bureau did not respond to a faxed request for comment. The public security bureaus of Beijing and Shanghai could no...
- China's GDP growth rises to 4.5% amid consumption boostThe growth comes amid a rebound in consumption, as people flocked to shopping malls and restaurants after harsh COVID-19 restrictions were ...
- Alibaba beats quarterly revenue estimates as Covid-19 curbs easeRevenue rose 2% to 247.76 billion yuan ($35.92 billion) for its fiscal third quarter to December 31, compared with a Refinitiv consensus es...
- Chinese ride-hailing giant Didi reopens to new users after $1.2 billion fineDidi was one of the highest-profile targets of a sweeping crackdown on China's tech sector launched in 2021, which wiped billions of dollar...
- Alibaba Founder Jack Ma resurfaces, cites 'difficult' year to rural teachersAlibaba Group Founder Jack Ma, who has gone into hiding after regulatory crackdown in China amid the massive Covid surge in the country, re...
- Unsung hero of Covid zeroIn 2018, Marxist activists organising workers at the Shenzhen Jasic Technology factory in a failed unionisation drive were detained after d...
- Tencent Q3 Results: Revenue down 2% year on year to $19 bnTencent said domestic video games in particular saw a 7 percent decrease in the three months ending September 30, "as transitional industry...
- Tencent Q3 Results: Revenue down 2% year on year to $19 bnThe Hong Kong-listed company, which is the world's top video game maker and the owner of popular super-app WeChat, posted revenues of 140 b...
- China's ultra-rich squeezed by slowing economy: Hurun rankingThe Hurun China Rich List, released Tuesday, said the total wealth of all individuals with a minimum net worth of 5 billion yuan ($691 mill...
- Alibaba quarterly revenue flat for first time ever in JuneRevenue came in at 205.6 billion yuan ($30.7 billion) in the April-June quarter, beating analyst expectations despite being slightly below ...
- Alibaba cuts a third of deals team staff after regulatory crackdown: reportAlibaba plans to reduce its strategic investment team of more than 110 people, mainly based in mainland China, to about 70, said two of the...
- Alibaba reports slowest growth yet amid COVID-19 outbreaksRevenue increased 9% to 204.05 billion yuan ($30.3 billion) in the three months ended March, as its core e-commerce platforms Taobao and Tm...
- Hong Kong stocks tumble as traders extend tech routThe Hang Seng Index dived five percent Monday as the Hang Seng Tech Index was pummelled 11 percent after China said it would lock down Shen...
- China's factory, consumer sectors stumble on COVID-19 disruptionsSupply chain bottlenecks, semiconductor shortages, curbs on high-polluting industries and the crackdown on the property sector have disrupt...
- Move towards safe haven assets like US bonds or dollars likely: Mitul Kotecha“Maybe we will see a move towards more safe haven assets like US bonds or dollars in the near term. But this is not going to be a global ro...
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