U.S.-listed Chinese stocks are nosediving in the premarket session on Monday amid fears over President Xi Jinping maintaining dominance following the weeklong Party Congress that concluded on Saturday.
Two weeks after the Biden administration announced new restrictions on semiconductor exports to China, investors and analysts are still trying to understand how much of a long-term impact the new rules will have on the industry.
The Biden administration is considering the possibility of fresh export curbs that would limit China’s access to some of the most powerful emerging computing technologies including quantum computing and artificial intelligence, reported Bloomber
China’s Ministry of Industry and Information Technology has reportedly convened a series of emergency meetings over the past week with leading semiconductor companies to assess the damage from the Biden administra
U.S. federal prosecutors have alleged that five Russian nationals laundered tens of millions of dollars in cryptocurrencies for Russian oligarchs and sanctioned entities.
Cryptocurrency lender Celsius Network (CRYPTO: CEL), which declared bankruptcy earlier this year, told a U.S. bankruptcy court that it is facing several “federal investigations."
President Joe Biden will soon call on energy companies to pass through lower costs to consumers "right away" as higher gas prices continue to be an overhang on his admi