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UMC to pour CNY3.5 billion into China 12-inch fab operation

Taiwan-based Uni.....»»

Category: topSource: digitimesFeb 13th, 2020

AB Inbev Pushes Its Luck with $64 Billion IPO

The valuation of the brewer’s China operation looks more than frothy......»»

Category: topSource: washpostJul 2nd, 2019

HKC unveils plan for 11G LCD fab in China

China-based Chongqing HKC Optoelectronics will invest CNY40 billion (US$6.37 billion) to establish a 11G LCD fab in Zhengzhou, China focusing on production of 65- to 150-inch 4K/8K panels......»»

Category: topSource: digitimesApr 19th, 2018

UMC to pour US$1.25 billion into China fab expansion

Taiwan-based pure-play foundry UMC plans to invest a total of US$1.25 billion in its China-based plants where production capacity will be expanded to meet local demand, said company co-president SC Chien at a recent event in Shanghai......»»

Category: topSource: digitimesMay 25th, 2018

Trump Has Approved $50 Billion in China Tariffs as the Superpowers Inch Toward a Trade War

China repeated its threat that if t.....»»

Category: europeSource: fortuneJun 15th, 2018

Heineken agrees to sell China operation to CR Beer in $3.1 billion deal

Heineken NV said on Friday it has agreed to sell its China operations and take a 40 percent stake in a firm controlling the country's biggest beer maker China Resources Beer Co Ltd in a $3.1 billion deal......»»

Category: topSource: reutersAug 2nd, 2018

China January-July software revenues estimated at CNY3.446 trillion

China's software industry consisting of 38,656 companies generated revenues of CNY3.446 trillion (US$540.9 billion) in January-July 2018, growing 14.8% on year, according to China's Ministry of Industry and Information Technology (MIIT)......»»

Category: topSource: digitimesAug 27th, 2018

Investors pour $4 billion into China"s latest internet IPO

A Chinese app that does just about everything has found strong demand for its shares, bucking the trend of recent tech IPOs......»»

Category: topSource: moneySep 13th, 2018

China Stocks, Yuan Tumble As PMI Plunges To 28-Month Lows

Despite additional easing and a 403.5 billion yuan 1-year maturity MLF operation, yuan is tumbling along with China (and Hong Kong stocks).....»»

Category: blogSource: zerohedgeNov 4th, 2018

China reportedly to sharply cut 2019 PV subsidies

The China government is looking to sharply cut subsidization for the PV industry in 2019, with plans to set an upper limit of CNY3 billion (US$440 million) on subsidies based on feed-in-tariffs (FIT), according to media reports......»»

Category: topSource: digitimesJan 26th, 2019

Coronavirus Set to Cost Airlines Over $29 Billion in 2020 Revenues

The airline industry has taken another hit on flights to and from China, with demand being affected around Southeast Asia due to the Covid-19 novel coronavirus......»»

Category: blogSource: 247wallstFeb 21st, 2020

China firms in $10 billion share sale rush as funding rules eased amid virus worries

Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains caused by the coronavirus......»»

Category: topSource: reutersFeb 21st, 2020

China could purchase much less U.S. farm product than thought, new USDA estimate suggests

U.S. Department of Agriculture chief economist Robert Johansson projected that agricultural exports to China would reach roughly $14 billion in the year that ends Sept. 30, a $4 billion increase from one year ago......»»

Category: topSource: washpostFeb 20th, 2020

Airlines To Feel $29 Billion Revenue Impact From Coronavirus

The near-total shutdown of air travel in and out of China because of the coronavirus will result in a 4.7% contraction in global traffic and deprive glob.....»»

Category: earningsSource: benzingaFeb 20th, 2020

Coronavirus Set to Cost Airliners Over $29 Billion in 2020 Revenues

The airline industry has taken another hit on flights to and from China, with demand being affected around Southeast Asia due to the Covid-19 novel coronavirus......»»

Category: blogSource: 247wallstFeb 20th, 2020

Taiwan foundries to see orders shifted from China

The coronavirus outbreak has had an adverse impact on China's foundry industry supply chain, with local foundries particularly 8-inch ones likely to see customer orders shifted to their Taiwan-based counterparts, according to industry sources......»»

Category: topSource: digitimesFeb 20th, 2020

World shares inch up on Chinese support measures

Global shares inched higher on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed nervous investors......»»

Category: topSource: reutersFeb 17th, 2020

Alibaba sees increased 4Q19 revenues

China-based e-commerce operator Alibaba Group has reported consolidated revenues of CNY161.456 billion (US$23.19 billion) for fourth-quarter 2019, increasing 35.66% sequentially and 37.67% on year......»»

Category: topSource: digitimesFeb 16th, 2020

How Tesla Could Use Its $2B In Offering Cash: A Cybertruck Plant, China, Debt Payoff

On Friday, Tesla Inc (NASDAQ: TSLA) priced its surprise $2-billion equity offering at $767 per share, a 4.6% discount to Thursday’s closing price. Tesla will sell 2.65 million shares of stock, and CEO Elon Musk.....»»

Category: blogSource: benzingaFeb 14th, 2020

Futures Movers: Oil heads higher for a third straight session as traders eye coronavirus news and await OPEC’s next move

Oil futures inch higher Thursday, poised to extend their streak of gains to a third straight session, as the potential for OPEC+ output cuts fuel optimism, despite a rise in the number of COVID-19 cases in China and lower forecasts for oil demand growth......»»

Category: topSource: marketwatchFeb 13th, 2020

The Wuhan coronavirus has cost China"s movie business over $1 billion in lost revenue already

Zhuolu County Digital Cinema Nearly all of China's 70,000 theaters are .....»»

Category: topSource: businessinsiderFeb 12th, 2020