INFBusiness

WASHINGTON (Reuters) – U.S. Treasury Secretary Mnuchin on Tuesday declined comment about a report that Oracle Corp had entered the bidding for TikTok, but said any deal to acquire the Chinese-owned short video app would protect U.S. data. “We’re looking…

TAIPEI/SHANGHAI (Reuters) – Taiwan-based Catcher Technology (2474.TW), a supplier to Apple Inc (AAPL.O), has agreed to sell two units from its Lyra International division in China to Hunan-based Lens Technology Co (300

SINGAPORE (Reuters) – Zoom Video Communications has opened a new data center in Singapore, its first in Southeast Asia, it said on Tuesday. Use of Zoom’s video conferencing services has surged as huge numbers of people across the world work…

SHANGHAI/SEOUL (Reuters) – Ramped-up U.S. restrictions on Huawei are likely to choke the Chinese company’s access to even off-the-shelf chips, threaten its crown as the world’s largest smartphone maker and disrupt global tech supply, executives and experts warned. The Trump…

SHANGHAI/SEOUL (Reuters) – Ramped-up U.S. restrictions on Huawei are likely to cut off the Chinese smartphone maker’s access to even off-the-shelf chips and disrupt the global tech supply chain once again, executives and experts cautioned. The Trump administration on Monday…

LONDON (Reuters) – Today’s $72 trillion question for investors: To buy or not to buy into the global equities rally? Notwithstanding inflated share prices, politics and the pandemic, the answer from many is a resounding “yes.” That’s not just because…

BEIJING (Reuters) – Lufax, one of China’s largest online wealth management platforms backed by Ping An Insurance Group (2318.HK) (60

HONG KONG (Reuters) – Ant Group, Alibaba’s (BABA.N) fintech arm and China’s dominant mobile payments company, plans to set up a consumer finance firm in the southwestern city of Chongqing, expanding its presence in the fast-growing domestic business, two sources…