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MARKET REGULATION CHINA
China hits travel platform Trip.com with $765M in penalties over monopoly abusesChina has fined a major online travel company nearly 5.2 billion yuan for monopolistic practices. The company restricted market competition...- China fines Trip.com $770 million over online hotel-booking monopolySAMR also ordered Trip.com to refund booking deposits of 122 million yuan that it said the company had withheld from hotel operators. The p...
- The second Chinese AI shock rattles US as China narrows the raceChina's Kimi K3 AI model has emerged, significantly narrowing the technological gap with American frontier systems. This development has pr...
- Global Market: China, Hong Kong stocks slide as oil surge fuels inflation concernsAsian markets saw declines in China and Hong Kong equities on Friday. Crude oil prices surged above $100 a barrel, intensifying inflation w...
- Global Market: Chinese stocks slip as AI, chip shares extend correction; defensive sectors offer supportChinese stocks declined on Thursday as AI and semiconductor shares extended their correction amid profit booking in expensive technology na...
- US Senate panel advances bill tightening ban on Chinese automakersA US Senate committee approved legislation to ban Chinese automakers from the American market. This bill could affect German automaker Merc...
- Chinese ecommerce giant JD.com given notice of EU concerns over Ceconomy takeoverThe European Commission opened a full-scale investigation into the deal in May under the Foreign Subsidies Regulation that targets unfair...
- Competition regulator dismisses case against Jindal Stainless over deals with Indonesian suppliersThe Competition Commission of India dismissed a case against Jindal Stainless. No evidence showed procurement arrangements violated antitru...
- India must tighten food safety regime before India-EU FTA takes effect, says GTRIBefore the implementation of the India-EU free trade agreement, India must prioritize the enhancement of its food safety framework. By stre...
- Glenmark gets USFDA nod for expanded use of RYALTRIS nasal sprayGlenmark Pharmaceuticals announced US FDA approval for RYALTRIS nasal spray. This approval expands its use to children aged six to twelve y...
- Global Market: Ant International raises $1.2 billion to fuel global expansionAnt International has raised $1.2 billion in a fresh funding round backed by Ant Group and Alibaba to accelerate its global expansion acros...
- The geopolitics of AI: Why WAICO mattersChina's formation of the World Artificial Intelligence Cooperation Organization marks a pivotal moment in the global AI landscape, marking ...
- Global Market: Chinese tech stocks rebound as semiconductor rally lifts mainland marketsChinese technology stocks experienced sharp fluctuations on Tuesday, with semiconductor shares leading a strong recovery. Investors are now...
- South Korea’s Kospi jumps 4% after 31% crash from June peak. What’s ahead?South Korea's Kospi index saw a significant jump, recovering some losses after a sharp decline. Shares of chipmakers like Samsung Electroni...
- Is Korean stock market turning into open casino? How retail leverage is fueling wild swingsMemory chip bellwethers SK Hynix and Samsung Electronics make up just over half of the benchmark Kospi. Much of the stock market’s previous...
- Elon Musk's biggest population warning just got a surprising response from ChinaChina introduced strict rules for AI chatbots, preventing emotional dependence. These regulations aim to protect users and encourage real-w...
- Global Market: China stocks rebound as state support boosts sentiment, tech shares remain under pressureChinese equities rebounded after steep losses last week as signs of government-backed support lifted investor confidence and sparked buying...
- Global Market: China's securities regulator to meet market participants as state-backed investors step in to support stocksChina's securities regulator will meet market participants to discuss equity market stabilization. State-backed investors are also buying s...
- Starbucks Korea staff form union after 'Tank Day' campaign fiascoStarbucks Korea employees have established a labor union for their rights. This action follows a marketing promotion that caused significan...
- China's Kimi K3 rattles US AI industryKimi K3, a new artificial intelligence program from a Chinese startup called Moonshot AI, stunned the US tech industry on Friday, setting o...
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