At the Yiwu Fuye Christmas factory in eastern China, workers are stitching and testing out Santa Claus toys, checking they play a Christmas tune at the press of a button.
China's markets regulator said on Tuesday it has fined a group of 45 firms including Luckin Coffee a combined 61 million yuan (US$8.98 million) for acts linked to Luckin's falsification of financial records and misleading of the public.
At the Yiwu Fuye Christmas factory in eastern China, workers are stitching and testing out Santa Claus toys, checking they play a Christmas tune at the press of a button.
ByteDance has said it will create a U.S. subsidiary partly owned by U.S. majors Oracle and Walmart and managed mainly by Americans, to pacify the administration of U.S. President Donald Trump which had planned to ban TikTok on security grounds.
ByteDance has said it will create a U.S. subsidiary partly owned by U.S. majors Oracle and Walmart and managed mainly by Americans, to pacify the administration of U.S. President Donald Trump which had planned to ban TikTok on security grounds.
Brazilian oil company Petrobras said on Monday it will open another round of bidding for its Repar refinery in the state of Parana after receiving binding offers that were too similar in value.
JAPANESE insurer Tokio Marine Life Insurance Singapore (TMLS) has appointed Edwin Peh as its chief financial officer (CFO), Esmond Chan as chief operations officer (COO) and Goh Kay Yiong as chief investment officer (CIO), it said on Monday.
Asian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly moving illicit funds hurt global banking stocks.
The Australian operation of Chinese telecommunications equipment maker Huawei Technologies Co Ltd said it would continue to cut staff numbers and investment in the country amid strained relations between Beijing and Canberra.
U.S. President Donald Trump on Monday said he was rebuffed when he asked officials to adjust the exchange rate of the dollar to counteract what he described as repeated currency manipulation by China of its yuan.
