FINANCE
In the latest chapter of ongoing tensions between TikTok and the U.S. government, the wildly popular social media platform has filed a lawsuit against the latter. The legal action comes in response to a new law mandating the app's divestment from its Chinese parent company, ByteDance, or face an outright
The US Military Is Finding It Harder and Harder to Buy Semiconductors
Shortages, supply chains, and security weigh heavily in which chips can and can’t be used Semiconductors...
Oil Prices Soar to Six-Year High Amidst OPEC Plus Infighting, Creating Winners and Losers
Infighting among key players of the Organization of the Petroleum Exporting Countries (OPEC) Plus alliance...
Slowdown in Earnings, Nike Chief Executive Assures Beijing His Firm Is ‘A Brand of China’
Nike recently held a conference call with Wall Street analysts about the company’s fourth-quarter earnings...
China Suspected of Censoring Data to Cover Up Grain, Corn Supply Shortages
The Chinese Communist Party (CCP) has come down heavily on independent experts that publicize honestly...
Businesses in China’s Guangdong Province Plagued by Continuing Power Restrictions
Manufacturing industries in China’s southern province of Guangdong are reeling under power shortages...
Rooibos: Extraordinary Herb Receives Due Distinction
A proud inheritance of South Africa, Rooibos tea has become the very first food in Africa to be approved...
China Says Crypto Crackdown an Effort to Curb Money Laundering
Authorities in mainland China have arrested over 1,100 people involved in laundering illegal funds using...
China’s New COVID-19 Outbreak Risks Worsening Shipping Crisis
In May, the Chinese province of Guangdong saw a sudden outbreak of a new wave of COVID-19 infections...
US Media Accepting Millions to Publish China’s Propaganda, Justice Department Warns
Multiple American agencies have accepted millions of dollars from China Daily, a Chinese state-run news...