Jack Ma hiding in Tokyo amid China's crackdown on tech firms: Report

SHANGHAI (Reuters) - China's semiconductor industry has become a key target of the United States, which has imposed a slew of export restrictions targeting several parts of the country's chip sector supply chain as it bids to slow its rival's technological advancement. While Beijing has ploughed vast sums of money...

"There is no other way to talk to these fools," State Duma member and former military commander Andrey Gurulyov said.

LONDON, Jan 30 (Reuters) - Russia told the United States on Monday that the last remaining pillar of bilateral nuclear arms control could expire in 2026 without a replacement due to what it said were U.S. efforts to inflict "strategic defeat" on Moscow in Ukraine.

TOKYO (Reuters) - A rising wave of shareholder activism has turned Tokyo into a growth market for businesses that offer advice on shareholder relations, as corporate Japan scrambles for help to deal with investors who are no longer silent. The growing presence of such advisers, including new entrants, shows how...

BEIJING (Reuters) - China's fiscal revenue rose 0.6% in 2022 from a year earlier, slowing sharply from a 10.7% increase in 2021 due to huge tax rebates for businesses to support the COVID-ravaged economy, data from the finance ministry showed on Monday. Fiscal revenues totalled 20.37 trillion yuan ($3.02 trillion)...

Investing.com-- Gold and copper prices fell slightly on Wednesday as markets awaited fresh cues on monetary policy from a string of major central bank meetings this week, starting with the Federal Reserve later in the day. The Fed is widely expected to hike interest rates by 25 basis points later...

Investing.com -- The dollar hit its highest level in a week in early trading in Europe on Tuesday, as markets worldwide dialed down their risk appetite ahead of some big central bank meetings over the next couple of days. By 03:00 ET (08:00 GMT), the dollar index, which tracks the...

SYDNEY (Reuters) - Australian retail sales recorded the biggest drop in more than two years in December, as rising borrowing costs and sky-high inflation finally sank spending, an economic shock that may lessen the need for much more policy tightening. Retail sales fell 3.9% in December from November, after 11...

(Reuters) -Higher menu prices and customer visits boosted McDonald's Corp (NYSE:MCD) quarterly profit and sales above Wall Street estimates on Tuesday, but shares fell when the burger chain warned inflation will weigh on margins in 2023. Shares of the burger chain fell about 2.6% to $263.84 in U.S. trading, after...

LIMA (Reuters) - The huge Chinese-owned Las Bambas copper mine in Peru, normally the supplier of 2% of the metal worldwide, could halt production this week due to protests and blockades that are starting to snarl output of the red metal amid already tight global supply. The Andean nation, the...

MANILA (Reuters) - Philippines President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications Office (PCO) said on Sunday. The government collects a 12% VAT on goods consumed within the Southeast Asian country. The plan is to allow...

SINGAPORE, (Reuters) - Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could be ideal to park his family's wealth. He's hoping that studying at a university in the Asian financial hub will lead to permanent residency and while the 26-year-old hits the books, his wife is out looking for a S$5-7 million ($4-5 million) penthouse.

© Reuters. Amazon to Enter Crypto Market with NFT Initiative?. Amazon (NASDAQ:AMZN) is reportedly planning to launch a non-fungible token (NFT) initiative on its primary platform in April. Amazon’s Web3 ambitions reportedly include blockchain-based games and NFT collectibles. Andy Jassy, Amazon CEO, has previously expressed belief in the...

SYDNEY (Reuters) -Australia's corporate regulator is reviewing a short-seller report that accused India's Adani Group of improper use of offshore tax havens to determine whether regulatory action is required, according to a spokesperson. Hindenburg Research last week flagged concerns about the conglomerate, that included its high debt levels, triggering a...

CAIRO (Reuters) -U.S. Secretary of State Antony Blinken landed in Egypt on Sunday at the start of a three-day visit to the Middle East as violence flares between Israelis and Palestinians, and with Iran and Ukraine high on the agenda. Blinken heads on Monday to Jerusalem, where Prime Minister Benjamin...

BRUSSELS (Reuters) - Europe and its partners must do more to combat the effect of Chinese subsidies for the manufacture of clean technology products, the European Commission is set to say on Wednesday in its "Green Deal Industrial Plan". The plan is designed to outline how Europe can keep its...

(Reuters) - The Biden administration has stopped approving licenses for U.S. companies to export most items to China's Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions around items for 5G and other technologies for several years, but officials in the U.S. Department of...

© Reuters. Bitcoin Soars Past $38k in Nigeria as BTC Premiums Exceed 60%. Bitcoin prices in Nigeria are 61% higher than on exchanges like Binance at press time. Nigeria’s Central Bank announced the replacement of its 1,000, 500, and 200 naira notes last October. The apex bank restricted...

Investing.com -- Crude prices settled mixed on Tuesday as expectations for a U.S. inventory drop and a smaller Federal Reserve rate hike for February faced off with negative connotations linked to a likely OPEC+ decision to keep production steady. A weaker dollar and an uptick in November demand for U.S....

(Reuters) -The World Health Organization (WHO) said on Monday that COVID-19 continues to constitute a public health emergency of international concern, its highest form of alert. The pandemic was likely in a "transition point" that continues to need careful management to "mitigate the potential negative consequences", the agency added in...