Showing 1 - 10 of 43
Pre-holiday cheer lifts many Asian bourses
Business, Nuntawun Polkuamdee, Published on 21/01/2023
» RECAP: Asian stocks shook off worries about rising interest rates and economic risks to advance yesterday as many investors took profits before the Lunar New Year holiday closes many markets in the region next week.
Shares rebound as energy supply concerns ease
Business, Nuntawun Polkuamdee and Pornkamon Teerapiboonkun, Published on 23/07/2022
» Recap: Global shares rebounded yesterday as concerns over energy supplies eased while investors awaited second-quarter economic data and corporate earnings.
Chinese ride-hailing giant Didi hit with $1.2bn fine
AFP, Published on 21/07/2022
» BEIJING: China has fined ride-hailing giant Didi more than 8 billion yuan ($1.2 billion), regulators announced Thursday, concluding a year-long investigation into alleged data security violations.
China to fine ride-hailing giant Didi more than $1bn
AFP, Published on 20/07/2022
» BEIJING: China is preparing to hit ride-hailing giant Didi with a fine of more than US$1 billion to wrap up a long-running probe, media reports said, boosting investor hopes that the country's tech crackdown is winding down.
China approves 60 new games, sparking hopes tech crackdown is ending
AFP, Published on 08/06/2022
» BEIJING: China has approved the release of dozens of new video games, boosting the shares of some of its biggest tech firms Wednesday on hopes that a long-running and painful crackdown on the sector is easing.
SoftBank's $40 bn sale of chip group Arm to Nvidia collapses
AFP, Published on 08/02/2022
» TOKYO - Japan's SoftBank confirmed Tuesday that the $40 billion sale of chip business Arm to Nvidia had collapsed because of "significant regulatory challenges" over concerns about competitiveness, and said it planned to now take the unit public.
Markets steady after initial omicron shock
Business, Nuntawun Polkuamdee and Pornkamon Teerapiboonkun, Published on 04/12/2021
» Recap: European shares edged higher yesterday while global markets steadied after a tumultuous week induced by the the new Omicron Covid-19 variant and the prospect of accelerated stimulus tapering by the US Federal Reserve.
Didi Global plans to delist from New York
Reuters, Published on 03/12/2021
» SHANGHAI/HONG KONG: Ride-hailing giant Didi Global said on Friday it will delist from the New York stock exchange and pursue a listing in Hong Kong, succumbing to pressure from Chinese regulators concerned about data security.
Chinese ride-hailing giant Didi to de-list from New York exchange
AFP, Published on 03/12/2021
» BEIJING: Chinese ride-hailing giant Didi Chuxing said Friday it would start the process of de-listing its shares from the New York stock exchange, shortly after US regulators adopted a rule that would allow them to remove foreign firms.
US adopts rule that could see Chinese firms leave Wall Street
AFP, Published on 03/12/2021
» WASHINGTON: US market regulators on Thursday announced the adoption of a rule allowing them to delist foreign companies from Wall Street exchanges if they fail to provide information to auditors, which is aimed primarily at Chinese firms.