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Search Result for “detentions”

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BUSINESS

Seoul says ‘bewildering’ US immigration raid could chill investment

AFP, Published on 11/09/2025

» SEOUL - South Korean President Lee Jae Myung said Thursday that a massive US immigration raid on a Hyundai-LG battery factory site was “bewildering” and could have a chilling effect on future investment.

BUSINESS

Beijing’s schmoozing of China’s private sector a ‘strategic move’

South China Morning Post, Published on 19/02/2025

» Beijing is repositioning the private sector as the cornerstone of China's global competitiveness and technological edge in the face of growing geopolitical and economic headwinds, according to analysts' assessments following President Xi Jinping's meeting with prominent entrepreneurs.

BUSINESS

US looks into forced labour in auto parts

Reuters, Published on 19/08/2023

» WASHINGTON: Electric-vehicle batteries and other car parts are the latest products under scrutiny as part of Washington’s effort to stamp out US links to forced labour in Chinese supply chains, according to a document seen by Reuters, agency statistics and sources.

BUSINESS

China's SenseTime relists Hong Kong IPO after US blacklisting

AFP, Published on 20/12/2021

» HONG KONG - Chinese artificial intelligence start-up SenseTime said Monday it will press ahead with its Hong Kong listing, a week after it was blacklisted by the United States over accusations of genocide in Xinjiang.

BUSINESS

China's SenseTime postpones Hong Kong IPO after US blacklisting

AFP, Published on 13/12/2021

» HONG KONG: Chinese artificial intelligence start-up SenseTime said Monday it was postponing a planned $767 million initial public offering in Hong Kong after it was blacklisted by the US over human rights concerns in Xinjiang.

BUSINESS

Oil crash piles pressure on virus-hit Saudi economy

AFP, Published on 18/03/2020

» RIYADH: From empty hotels to shuttered beauty salons, oil-dependent Saudi Arabia is bracing for a coronavirus-led economic slump on top of possible austerity measures as crude prices go into free fall.

BUSINESS

Trump reports progress, but not enough, in tariff talks with Mexico

AFP, Published on 06/06/2019

» WASHINGTON: President Donald Trump said some progress -- but not enough -- was made Wednesday in talks with Mexico on averting the tariffs he threatens to impose unless the southern neighbor stems the flow of undocumented migrants into the US.

BUSINESS

China accuses Canadian of stealing state secrets

Reuters, Published on 04/03/2019

» BEIJING: China on Monday accused detained Canadian citizen Michael Kovrig of stealing state secrets which were passed on to him from another detained Canadian, Michael Spavor, in what is likely to further ramp up tension between Ottawa and Beijing.