Business

Trump says no TikTok deal yet amid security concerns

President Donald Trump said on Wednesday he wasn't ready to approve a deal for an American company to partner with Chinese-owned video app TikTok, which would allow it to continue operating in the United States.

Business

Oracle 'very close' to deal on TikTok: Trump

Silicon Valley tech giant Oracle is "very close" to sealing a deal to become the US partner to Chinese-owned video app TikTok to avert a ban in the United States, President Donald Trump said Tuesday.

Business

Chinese e-commerce giant JD soars on Hong Kong debut

Chinese e-commerce giant JD.com soared nearly six percent on its Hong Kong debut Thursday, after raising almost $4 billion in an initial public offering that was the world's second-biggest this year.

Business

End of an era as Japan's Panasonic exits chip business

Japanese electronics giant Panasonic said Thursday it was exiting the semiconductor business, selling its loss-making subsidiary to a Taiwanese firm as it struggles with intense competition from China and South Korea.

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