China

The lower performance in UBS’s equity derivatives, cash equities, and financing revenue all dragged the investment banking unit to record a 19% slump in its revenues.Swiss multinational investment bank and financial services company UBS Group AG (SWX: UBSG)...

Tesla has been facing growing challenges in China due to strict COVID-19 rules as well as growing competition from local electric carmakers like BYD.The world’s largest electric carmaker Tesla Inc (NASDAQ: TSLA) has decided to cut the price...

Washington worries about everything related to China—from its expanding military might to its rapid technological gains to its deeper engagement with developing countries. U.S. officials, not to mention an army of pundits, also point with rising alarm to...

The successful Ethereum upgrade to proof-of-stake consensus is receiving more...

China is back with a vengeance. The Cambridge Centre for Alternative Finance, or CCAF, collected data “spanning the period from September 2021 to January 2022” for their latest study. The headline is that, ban or no ban, the...

China’s underground Bitcoin mining hashrate contributes 22% to global mining hashrate as it increases by 3% in the three months leading to January, 2022 amidst government crackdown. Per data from a chart provided by Cambridge Bitcoin Electricity Data,...

The China bitcoin mining ban that took place mid-last year was no doubt a heavy blow to the space. It saw the hash rate from the region which was once termed the mining capital of the world crumble...

China is pulling all plugs to make its CBDC digital Yuan popular. The e-CNY is one of the three forms of payment that foreign athletes and dignitaries can use at the Enter Olympics Games. The e-CNY is one...

China is blazing ahead in Blockchain technology and has established 15 pilot zones and 164 entities for blockchain projects. According to the Chinese government, the Blockchain-enabled projects will be from allied fields. It will include manufacturing, energy, government...

Heading into a new trading week, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that...