An internal investigation finds management pressured staff to alter data in the bank’s Doing Business report to placate China.
The tech giant is slowing plans to move production to Vietnam as border controls tighten to contain new variants of coronavirus outbreaks.
The Chinese economy's recovery from the pandemic is "losing steam as businesses grapple with higher costs and supply bottlenecks."
“The disclosures of U.S.-listed Chinese companies have not met the threshold of disclosure for other companies headquartered in the U.S."
In a recent note to clients, UBS Bank said that regulatory crackdowns could pop the “bubble-like” crypto markets.
Bitcoin dropped under $40,000 for the first time in three months, losing 15% of its value overnight.
The rule provides a framework for implementing a new law that could result in the delisting of Chinese companies from U.S. exchanges.
Companies lacking a robust China re-engagement strategy risk paying a price in missed opportunities.
Chip suppliers, which trimmed down chip production for autos and in turn stepped up supplies to consumer electronics, are now pressured from all quarters.
The Commerce Department says the companies were building supercomputers used by China for "destabilizing military modernization efforts."
The regulator indicated how it will implement a law aimed at delisting Chinese companies that do not meet U.S. auditing standards.
The first quarter saw "meaningful, sequential improvements in quarterly financial results despite ongoing business disruption from the pandemic."
