joe biden Tag

11 Mar TikTok gets thumbs up in China for ‘tough stance’ against US lawmakers pushing new effort to ban the ByteDance app

Posted at 12:30h in Asia

ByteDance, the Chinese tech unicorn that is again facing a US ban of its flagship TikTok app unless it divests, has earned a “thumbs up” at home after rallying its young users against the legislation in an effort mirroring some of the more aggressive tactics...

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06 Mar China to oppose US lawmakers’ new move forcing ByteDance to divest TikTok amid mainland tech restrictions, analysts say

Posted at 13:30h in Asia

A bipartisan bill was introduced in the US House of Representatives on Tuesday that would give ByteDance 165 days to divest TikTok, or else the app would no longer be available on US app stores or be accessible on web-hosting services in the country.The Chinese...

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15 Feb Opinion | China’s stock market has little to fear from Trump presidency – unlike the US

Posted at 11:30h in Asia

This is not surprising, given Trump’s threat to revoke “most favoured nation” trade status for China and impose a flat 60 per cent tariff on all Chinese imports. According to Bloomberg, that would slash the proportion of US imports coming from China – the...

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12 Feb US President Joe Biden’s re-election campaign joins TikTok with ‘lol hey guys’ to woo younger voters

Posted at 22:15h in Asia

US President Joe Biden’s re-election campaign launched its official TikTok account during the Super Bowl on Sunday after months of weighing whether to join the popular social media platform he has banned on federal devices because of national security concerns.The “@bidenhq” account uploaded its first...

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27 Jan Tech war: US wants cloud firms to report foreign users tapping their computing power for AI applications

Posted at 03:53h in Asia

United States Commerce Secretary Gina Raimondo said her department is exploring how to force cloud companies to disclose when a foreigner taps their computing power to fuel artificial intelligence (AI) applications, signalling the next phase of the tech war between Washington...

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24 Jan ASML orders triple in fourth quarter amid soaring demand for advanced chip gear, especially in China

Posted at 08:55h in Asia

ASML Holding NV orders more than tripled last quarter from the previous three months as demand for its most-sophisticated machines soared, in a sign that the semiconductor industry may be recovering.Order bookings rose to €9.19 billion (US$9.98 billion) in the fourth quarter from €2.6...

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11 Jan Opinion | Risk of Trump’s return overshadows Asia’s 2024 election bonanza

Posted at 08:30h in Asia

On Saturday, Taiwan will fire the starting gun on a succession of elections in the majority of the world’s most important economies and financial markets. To say the 2024 global electoral calendar is a busy one would be an understatement.More than 4 billion people...

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03 Jan Opinion | Global markets bracing for a 2024 full of potentially volatile elections

Posted at 07:45h in Asia

We are less than a year away from the 2024 US elections, which will be held on November 5. The next president will inherit a large fiscal deficit, as the Congressional Budget Office predicts that the fiscal deficit will remain steady at 5-7 per...

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