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China lowers threshold for red-chip firms to list on Chinese mainland

China's top securities regulator has lowered the listing threshold for innovative red-chip companies, or companies registered overseas but operate in the Chinese mainland, to help attract them back t

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Apple gives solutions to mask-wearing users struggling with Face ID

In a newly released beta version of iOS 13.5, Apple made updates to the Face ID for users who have struggled to unlock the phone when wearing masks.Users will no longer need to swipe up from the b

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Smartphone shipments dropped 13% globally, and COVID-19 is to blame

We knew it was going to be bad — but not necessarily “lowest level since 2013” bad. As Apple was busy reporting its earnings, Canalys just dropped some of its own figures — and they’re not pretty. Aft

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Chinese brands capture 61% of global 5G smartphone shipments in Q1

VCG Chinese brands accounted for about 61 percent of global 5G smartphone shipments in the first quarter this year, with Huawei's market share approaching Samsung, according to Strategy Analy

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Polish vlogger praises China's assistance to his country

For Piotr Chodak, a famous vlogger in Poland, Chinese companies like Xiaomi and Huawei are like friends to the Polish society. "They gave masks and medical equipment... We are very grateful of the he

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Indian smartphone market grew by 4% in Q1, but projected to decline by 10% this year

India has emerged as one of the fastest growing smartphone markets in the last decade, reporting growth each quarter even as handset shipments slowed or declined elsewhere globally. But the world’s se

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Facebook Avatars, a Bitmoji competitor, launches in Europe

Facebook Avatars, which lets users customize a virtual lookalike of themselves for use as stickers in chat and comments, is now available across Europe, the company said today.The social giant’s Avat

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To avoid hostile takeovers amid COVID-19, India mandates approvals on Chinese investments

Chinese investors, who have poured about $6 billion into Indian startups in the last two years, will be subjected to strict regulation for their future investments in the world’s second largest intern

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China's top mobile operators to launch 5G messaging service

China's three major mobile operators unveiled a new 5G-enabled messaging service on Wednesday, which is likely to open a new era for social networking. The Chinese three major mobile operators – C

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Donations from China reaching Spain as country struggles to cope with coronavirus contagion

Donations of sanitary equipment from the Chinese government, companies and the Chinese community in Spain are starting to arrive in the country as Spain is battling a severe coronavirus pandemic, wh

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Global Business Daily: Olympic deadline, bailouts, oil slide continues

"It's the biggest crisis... since the Second World War."Many people may have been thinking it – certainly here in London many people are invoking memories of wartime rationing and the "Blitz Spirit"

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Global Business Daily: Oil falls, Grindr sold, ECB crisis drill

"Europemustproveitspoliticaleffectiveness... Ithinktherewillbeabefore and after the coronavirusinthehistoryoftheglobaleconomy."That was Bruno Le Maire, France's finance minister, discussing how Europ

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China Jan. smartphone shipments drop 38.9%, 5G smartphones stand out

Shipments of smartphones in China dropped 38.9 percent in January year-on-year to 20.81 million units due to the COVID-19, official data showed Wednesday.Domestic brands took the lion's share with

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Chinese firms rush to bring 5G smartphones to India

India is unlikely to have any substantial coverage of 5G until at least the end of next year, with telecom operators in the country yet to participate in spectrum auction. But that hasn’t stopped Chin

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Alibaba rejected for stock connect, as officials work to unify rules

03:03 The latest list of stocks eligible to trade on the Hong Kong Stock Connect scheme was announced yesterday, and as expected, Chinese e-commerce giant Alibaba Group was not include

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Smart speaker sales reached new record of 146.9M in 2019, up 70% from 2018

Global smart speaker sales hit a record high last year with shipments of 146.9 million units, up 70% over 2018, according to a recent report on the state of the smart s

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Chinese banking system moves in support of the national economy

The headquarters of the People's Bank of China. /Xinhua Photo Editor's note: Matteo Giovannini is a finance professional at ICBC in Beijing and a member of the China Task Force at the Italian