US Senate Intelligence Committee Chairman Mark Warner plans to introduce a bill this week to allow the US to systematically ban Chinese technology, including services like TikTok, he told Fox News on Sunday.
With China’s week-long Two Sessions annual meetings underway, investors are looking for signals that the nation’s new economic and political leaders will lay the ground for fresh investment opportunities.
Harris Associates sold its entire stake in Credit Suisse Group AG, according to the Financial Times, ending ties with the firm after about two decades of ownership and piling further pressure on the Swiss bank’s leadership.
The Australian dollar is in danger of hitting its lowest point this year as China’s growth target disappoints and weak local data may cause the central bank to temper its policy stance at Tuesday’s meeting.
China’s buildings and rooftops have potential to host more than 1,000 gigawatts of solar power capacity — almost the same size as the entire existing global industry, according to the sector’s largest manufacturer.
South Korean inflation decelerated by more than expected in February, easing domestic concerns for a central bank that’s also closely monitoring offshore risks including sharper U.S. policy tightening.
Zerova’s manufacturing costs in America are as much as 80% higher versus Asia.
Shell Plc’s new boss said Britain is less attractive as an investment destination than both the US and Europe because it is failing to match green energy subsidies, according to an interview with The Times of London.
Malaysia’s ringgit is poised for a reprieve after its worst monthly performance since late 2016 as China’s reopening heralds more tourist arrivals and bolsters exports.
Prime Minister Rishi Sunak is committing more than £360 million to cutting-edge technologies under plans to make Britain a science “superpower” by the end of the decade, as he starts to sketch out his vision in the build-up to next week’s budget.
