Video games designer is in talks to spin off its China unit amid concern over foreign data storage and interest in expanding to the metaverse

Most foreign attempts seeking even non-controlling stakes in US companies must get the green light from the Treasury Department CFIUS committee

Four Chinese companies based in Hong Kong, plus one in Singapore and one in the UAE have been targeted by a third round of US sanctions against firms trading in Iranian oil

The US Securities and Exchange Commission on Friday added Alibaba to a list of Chinese companies that could face delisting from US exchanges, triggering an 11% drop in its shares.

Move comes as talks to resolve the two-decades old dispute fail to deliver results and SEC continues adding names of non-compliant companies.

Some analysts have said the US tech giant could face a drop in demand given China's weak economy and the slump in smartphone sales in the second quarter.

The "Chips and Science" act provides about $52 billion in subsidies for US semiconductor production and an investment tax credit for chip plants estimated at $24 billion

US SEC Chairman Gensler said he will not send listed company inspectors to China without a deal that grants complete audit access.

The threat of delisting Chinese stocks from major US exchanges could be a bonanza for the Hong Kong Stock Exchange, if more firms follow Alibaba and do a dual primary listing in the city

The report points to "a sustained effort by China, over more than a decade, to gain influence over the Federal Reserve, and a failure by the Federal Reserve to combat this threat effectively."

Using broad powers granted by the Trump administration, the Commerce Department is investigating if Huawei gear installed near key military...

The bill provides about $52 billion in subsidies for US semiconductor production as well as an investment tax credit for chip plants estimated to be worth $24 billion