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January 27, 2023

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China drafts rules on security reviews for apps influencing public opinion

January 13, 2022January 7, 2022 - by coingnucom

China’s cyber regulatory body issued on Wednesday draft rules governing mobile apps, including a requirement for security reviews of apps whose functions could influence public opinion. The proposed regulations are …

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Business

Asian stocks saw big foreign outflows in 2021 despite Dec buying

January 12, 2022January 7, 2022 - by coingnucom

Foreigners were net purchasers of Asian equities in December but the inflows paled in comparison with the massive outflows faced throughout last year, as regional stocks were hit by a …

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Business

China Huarong halves in value as trading resumes

January 11, 2022January 7, 2022 - by coingnucom

Shares of China Huarong Asset Management Co Ltd (2799.HK) plunged as much as 55% in Hong Kong on Wednesday to a record low, after trading resumed following a nine-month hiatus, …

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Business

Startup ONE says battery prototype delivered 750-mile range

January 10, 2022January 7, 2022 - by coingnucom

Our Next Energy (ONE), a two-year-old Michigan startup, said on Wednesday it had tested a prototype of its new battery in a Tesla Model S, driving 752 miles (1,210 kilometers) …

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Sony looks to electric cars for its next big hit

January 9, 2022January 7, 2022 - by coingnucom

Japan’s Sony Group Corp (6758.T) plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play …

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Business

Walmart to hire over 3,000 U.S. drivers as it expands home delivery

January 8, 2022January 7, 2022 - by coingnucom

Walmart Inc (WMT.N) said on Tuesday it plans to hire more than 3,000 U.S. delivery drivers and build out a fleet of all-electric delivery vans to support its “in-home” grocery …

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Business

China’s market regulator fines Alibaba, Tencent for failing to report deals

January 7, 2022January 7, 2022 - by coingnucom

China’s top market regulator said on Wednesday it has fined units of Alibaba Group Holding Ltd (9988.HK), Tencent Holdings Ltd (0700.HK), and Bilibili Inc for failing to properly report about …

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