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FRESH TECH CRACKDOWN
Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.- Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...
- China stocks close at 10-year high on fund inflowsChina stocks rose to their highest level since 2015 on Wednesday, extending a rally fuelled by a rotation of funds into equities amid easin...
- US-China talks in London: Rare earths, export curbs on tableThe first round of negotiations since the teams met a month ago is aimed at restoring confidence that both are living up to commitments mad...
- Layoffs in the IT sector hit Bengaluru PGs amid new regulations and a sharp drop in the number of guestsLayoffs in Bengaluru’s IT sector and strict BBMP rules have devastated the city’s PG accommodations, leading to a 25% loss for many operato...
- Most Asian markets rebound as Hong Kong tech rally resumesHong Kong stocks resumed their impressive start to the year on Wednesday as they rocketed more than three percent on the back of a surge in...
- Xi Jinping's new frontline corporate guard showcases his priorities, controlPresident Xi Jinping has shifted focus towards private sector giants such as BYD, Huawei, and Alibaba to boost China's technological self-r...
- A $33-billion hit shows China's newest stock worryA report this week that JD.com Inc. is launching a subsidy campaign to fight back against the advances of rival PDD Holdings Inc. sent fres...
- The fallout from China’s tech-tonic shiftTop executives, startup founders and CEOs of Indian internet firms including Flipkart, Paytm, Oyo Hotels & Homes, Ola, Zomato, Swiggy, Make...
- Tiger Global’s 34% tumble brings Coleman’s firm back to earthThe firm’s first serious bump was during the 2008 financial crisis, when it lost 26%, followed by a 1% gain the next year. Coleman regroupe...
- China's tech crackdown wreaks havoc in jobs marketOver the past year, China has launched a relentless crackdown on big tech firms, with a raft of new regulations aimed at curbing consumer r...
- Tencent leads China tech selloff amid fears of further crackdownTraders pointed to everything from warnings from regulators over the weekend about scams in the metaverse to talk about yet more curbs on t...
- China shares close lower as tech, healthcare dragThe blue-chip CSI300 index was down 0.92 per cent, with its financial sector sub-index lower by 0.56 per cent, the real estate index down 0...
- China's troubled ride-hailing giant Didi reports $4.7 billion Q3 lossThe troubles for the firm -- once called China's Uber -- began after it listed in New York in June, seemingly against the wishes of Beijing.
- China tech stocks fall on gaming crackdown but resources shares jump on factory inflationThe Shanghai Composite Index gained 0.5% to 3,693.13 points, the highest closing level in six months. The blue-chip CSI300 index was little...
- Chinese tech’s brief revival is already showing signs of fatigueThe rally in the Hang Seng Tech Index, which tracks Chinese tech stocks listed in Hong Kong, fizzled out toward the end of this week amid h...
- China to ban some tech firms from listing overseasChina is drawing up new rules that would ban companies with large amounts of sensitive user data from listing their shares abroad.
- US-listed China stocks pounded as regulatory woes intensifyAmerican depositary receipts for tech giants have racked up losses with Tencent Holdings Ltd., Alibaba Group Holding Ltd., and Nio Inc., er...
- China stocks fall the most in 3 weeks amid economic gloom, fresh tech crackdownThe blue-chip CSI300 index dropped 2.1% to 4,837.40, while the Shanghai Composite Index lost 2% to 3,446.98 points. Both indexes had their ...
- For UK, Brexit eclipsed everything else in 2016Theresa May's visit also came nearly a year after Prime Minister Narendra Modi's maiden visit to the UK - the first by an Indian premier to...
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