Taiwan fines Foxconn for unsanctioned Chinese investment.
Foxconn must have been fined T$10 million ($329,088) by Taiwan on Thursday for attempting to make ...
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Tag: China
Gold prices soar above $1,900 level as the dollar loses traction
Gold prices gained momentum as the dollar slipped against a basket of other currencies. The spot ...
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Xpeng slashes prices in China to compete with Tesla
The price war in China continues as Xpeng cut the prices of its most popular models. ...
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Foxconn replaces iphone business chief, Michael Chiang to lead
After a rough year in China, Taiwan's Foxconn has selected Michael Chiang as the new chief ...
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Tencent fired 100 employees over corruption in 2022
The largest internet firm in Asia, Tencent Holdings Ltd, disclosed on Monday that in 2022, it ...
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Chinese Government making investments in China’s Top Video Streaming Platforms
According to reports, the mainland Chinese government has acquired small but significant share stakes in at ...
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Geely’s sub-brand ZEEKR teases its second EV model with 500+ mile range
Geely's sub-brand ZEEKR begins production of the 009 MPV. The deliveries are expected to begin soon. ...
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Alibaba Shares Rise as Jack Ma Transfers Control of Ant Group
Shares of Alibaba Group Holding Ltd. saw a surge on Monday after the company announced that ...
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China’s fintech giant Ant group declares no plan for IPO, focus on business optimisation
Ant Group, a major fintech firm in China, said Reuters via mail on Sunday that it ...
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Ant Group says Jack Ma relinquishes control of company
On Saturday, one of China’s most influential financial tech companies, Ant Group, said that the billionaire entrepreneur, ...
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