Business

China chip giant SMIC shares dive on US export controls

Shares in China's biggest chip maker tumbled Monday on reports that Washington had imposed export controls on the company, the latest salvo in the battle for technological dominance over Beijing.

Business

TikTok gets reprieve as judge halts Trump download ban

TikTok won a last-minute reprieve late Sunday as a US federal judge halted enforcement of a politically charged ban ordered by the Trump administration on downloads of the popular video app, hours before it was set to take ...

Business

Weibo parent Sina to delist US stocks in $2.6 bn deal

Chinese internet giant Sina Corp, the parent company of the country's vast Twitter-like Weibo platform, plans to delist its US shares and go private, making it the latest mainland firm to withdraw from Wall Street as relations ...

Business

Japan's NTT to spend $38B to buy out, take DoCoMo private

Japanese telecoms giant Nippon Telegraph & Telephone, or NTT, announced Tuesday it will spend 4.3 trillion yen ($38 billion) to buy out and take private its mobile unit NTT DoCoMo in one of the largest ever deals of its kind.

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