5 cars from the Beijing auto show that reflect China's vision for the future of driving
Read full article: 5 cars from the Beijing auto show that reflect China's vision for the future of drivingChina’s vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show.
India seizes $725 million from Chinese company Xiaomi
Read full article: India seizes $725 million from Chinese company XiaomiIndian authorities have seized $725 million from Chinese smartphone company Xiaomi, accusing it of breaking the country’s foreign exchange laws by making illegal remittances abroad.
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China summons technology firms over voice software security
Read full article: China summons technology firms over voice software securityFILE - In this Aug. 7, 2020, file photo, a man rides past the Tencent headquarters in Beijing, China. Chinese authorities summoned 11 companies including Alibaba and Tencent for talks regarding the security of voice technology, as Beijing steps up scrutiny over the internet sector. (AP Photo/Ng Han Guan, File)HONG KONG – Chinese authorities summoned 11 companies including Alibaba and Tencent for talks regarding the security of voice software, as Beijing steps up scrutiny over the internet sector. The move comes as authorities in recent months have increased oversight over technology firms in the country, over concerns of anticompetitive behavior. Twelve technology companies, including Tencent and Baidu, for were fined for flouting anti-monopoly rules.
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Asian shares trade mixed on recovery hopes, yield worries
Read full article: Asian shares trade mixed on recovery hopes, yield worriesAsian shares were mixed Tuesday, cheered by the imminent passage of the U.S. stimulus package, although that optimism was tempered by worries about inflation and the coronavirus pandemic. (AP Photo/Kin Cheung)TOKYO – Asian shares were mixed Tuesday, cheered by the imminent passage of the U.S. stimulus package, although that optimism was tempered by worries about inflation and the coronavirus pandemic. “And this recognition of recovery in March itself will work as a source for more confidence,” he said. AdThe vaccine rollouts in the U.S. and Europe will also help instill confidence in future growth, he added. Smaller company stocks, which have led the market higher this year, notched more gains.
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Asian shares slip on jitters over inflation, interest rates
Read full article: Asian shares slip on jitters over inflation, interest ratesShares fell in Asia on Wednesday as investors weighed the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies. (AP Photo/Eugene Hoshiko)TOKYO – Shares fell Wednesday in Asia as investors weighed the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies. Investors remain increasingly focused on a big tick up in bond yields and how it affects stock valuations. However, “Despite reassuring comments on lower rates from the U.S. Federal Reserve chair Jerome Powell, Asia markets continued to look to concerns with regards to the rising bond yields," Pan said. The bet mostly paid off, as big tech companies reported big profits last year.

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