Category: Finance

Creditors seek to freeze mainland Tsinghua Ziguang’s overseas assets to avoid being sold to pay off debts

The Financial Times reports that international bondholders are seeking to freeze the overseas assets of mainland China’s semiconductor national team…

Make up your mind, LG cell phones from the jungle farewell?

At one Time, the news about LG “OEM” for Apple’s research and development of foldable screen phone is very much…

U.S.-Canada company negotiates largest 2021 merger to build first U.S.-Canada-Mexico rail network

Canadian Pacific Railway announced today that it has agreed to acquire Kansas City Southern Railway (KCS) to create the first…

Apple accelerates production capacity shift Chinese supplier Lixun Precision shares plunge

The multinational technology giant Apple is accelerating the withdrawal of production capacity from China, and the shares of Chinese companies…

Rate hike in 2023? Survey: Most U.S. economists believe that next year forced to raise interest rates

The U.S. Federal Reserve Board (Fed) previously vowed not to raise benchmark interest rates prematurely, but a survey released today…

Mainland China’s e-commerce triumvirate all retired at an early age

Three of the most powerful people doing e-commerce in China have retired.   Pindo released its 2020 earnings report today, with…