Tag Archives: China (PRC)

Senator Rubio says US should try to delay China’s Ant Group IPO

WASHINGTON (Reuters) – Senator Marco Rubio, who urged the Trump administration to step up its investigation into Chinese companies, on Friday called on the US government to consider options to delay China’s Ant Group’s initial public offering, which is China’s ultimate brick-commerce giant. Senator Marco Rubio (R-FL) to Secretary of …

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Japan’s Sony and Kyoxia Huawei seek US approval to supply Nikkei

File photo: Huawei’s logo is displayed at the Shenzhen International Airport in Shenzhen, Guangdong Province, China. Writers / Ally Song / File photo TOKYO (Reuters) – Japan’s Sony Corp and memory chipmaker Kyoxia Holdings Corp. have applied for U.S. approval to continue supplying Huawei Technologies Co. If confirmed, the move …

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China’s industrial profits rise in fourth month

SHANGHAI (Reuters) – Profits of China’s industrial companies rose for the fourth straight month in August, driven by lower prices of goods and equipment, the Bureau of Statistics said on Sunday. File photo: On September 2, 2019, a worker welds the edge of a bicycle steel in sports equipment at …

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