37th ASEAN summit scheduled for Nov. 12-15
HANOI — The 37th summit of the Association of Southeast Asian Nations (ASEAN) and related meetings will be held via video link from Nov. 12 to 15, according to Vietnam’s Ministry of Foreign Affairs. Vietnamese Prime Minister Nguyen Xuan Phuc … Continue reading 37th ASEAN summit scheduled for Nov. 12-15
Shanghai stock exchange suspends Ant Group’s IPO
HONG KONG/NEW YORK – China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma. The … Continue reading Shanghai stock exchange suspends Ant Group’s IPO
Tesla to acquire German battery assembly maker
Palo Alto – Tesla Inc has agreed to acquire German ATW Automation, a supplier assembling battery modules and packs for the auto industry, a source familiar with the transaction said on Friday. ATW, a subsidiary of Canadian ATS Automation Tooling … Continue reading Tesla to acquire German battery assembly maker
China Approves Three New Free Trade Zones
Beijing – Three newly established pilot free trade zones will further facilitate its high-level opening-up and boost high-quality growth through deeper reforms, especially in the areas of digital economy, high-end manufacturing and regional integration, senior government officials and experts said … Continue reading China Approves Three New Free Trade Zones
China factory prices fall as recovery continues
BEIJING – China’s factory gate prices fell at their slowest annual pace in five months in August as the world’s second-largest economy and its industries continued to recover from a slump caused by the coronavirus pandemic earlier this year. Annual … Continue reading China factory prices fall as recovery continues