The US Treasury said on Wednesday that VPower Finance Security and other firms in Hong Kong and the UAE were punished for transporting gold produced by Russia's biggest gold miner Polyus
The EC decision to hit Chinese EVs with extra tariffs is a move in the wrong direction, China said on Thursday, noting that EU states and carmakers oppose the move
Europe's additional tariffs on imported EVs are expected to kick off talks with Beijing to avoid a major trade conflict, which could spread to other sectors
US to broaden its export controls and announce new sanctions on financial institutions and non-banks that help the Russian military with chips, tech and goods, sources say
Chinese blue chips fell 1.2%, having been shut on Monday, while the Hang Seng Index was down 1.04% and the yuan hit a seven-month low.
World's richest entrepreneur claims integrating OpenAI in Apple's operating system would be a security risk, but he is also suing OpenAI and developing a rival AI chatbot
Aggressive discounts have raised turnover for firms like e-commerce giant Pinduoduo, but economists fear they entrench a Japanese-style deflationary mindset in consumers
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade