VENTURE CAPITAL POST

After Evergrande was accused of $78 billion fraud, Chinese authorities are investigating accounting giant PwC.

Gucci's anticipated 20% sales drop in the first quarter of 2024, attributed to an Asia slowdown, prompts parent company Kering to revamp management and introduce new collections.

Gold prices surged to a new all-time high on Thursday, and experts predict they will rise further.

Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.

Apple CEO Tim Cook arrives in Shanghai ahead of a new retail store opening and decreasing iPhone sales.

A Canadian citizen based in China has been arrested in the United States for allegedly stealing the trade secrets of Tesla and conspiring to sell them to undercover police.

China's real estate giant Evergrande and its founder, Hui Ka Yan, are accused of inflating revenues by $78 billion over two years before the company defaulted on its debt.

Capchem Technology, a Chinese firm linked to China's military-industrial complex, plans to expand in the US with battery chemical plants in Ohio and Louisiana, sparking national security concerns.

Russia's President Vladimir Putin is poised to extend his reign without a serious competitor.

China's central bank withdrawal indicates cautious economic growth, disappointing stimulus hopes, and limited policy options amid yuan decline and global rate disparities.

A former executive of Semiconductor Manufacturing International Corporation (SMIC), the largest chip foundry in China, has reportedly joined ChangXin Memory Technologies (CXMT), the country's leading memory chip maker, to lead research and development.

Tesla is eyeing to expand in Southeast Asia to tap into the region's fast-growing electric vehicle (EV) market, where the US automaker faces competition from China's BYD.

Russia's Sokol crude faces a backlog, with tankers stranded off Singapore and South Korea due to US sanctions. China emerges as a key importer, aiding clearance.

The new Apple Shenzhen laboratory will improve the testing and research of devices like iPhones and iPads in China as part of its efforts to boost product quality amidst declining sales in the region.

Xiaomi said it will begin delivering its first electric vehicle (EV) model, the SU7, to customers this month.