Asia-Pacific markets mostly gain after U.S. tech sell-off pushes key Wall Street indexes lower
Asia-Pacific markets mostly rose Tuesday, while investors sold-off U.S. Big Tech stocks overnight in favor of sectors such as banking and energy.
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Asia-Pacific markets mostly rose Tuesday, while investors sold-off U.S. Big Tech stocks overnight in favor of sectors such as banking and energy.
There was a time when a Chinese internet company’s initial public offering was the hottest thing on Wall Street.
Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter told CNBC.
The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns the firms could exploit access to American data through their U.S. cloud and internet businesses by providing it to Beijing, three sources familiar with the matter said.
Chinese regulators are in the process of wrapping up a two-month “spring clean” of the country’s social media.
Beijing has expressed serious concerns following Washington’s proposal of a set of detailed rules that would restrict and monitor United States investments in China for artificial intelligence, semiconductors and quantum computing.
The Philippines has taken further actions that add to the complexity of the South China Sea status quo. While there haven’t been any official announcements regarding initiating new arbitration hearings against China, reports suggest there have been discussions to that end.
The No 2 envoy in US President Joe Biden’s administration said on Monday that Beijing was “somewhat anxious” over growing military cooperation between Russia and North Korea.