Saudi Arabia and the world
Monday, Oct 18, 2021
The World in the Heart of the Kingdom
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Alibaba Founder Jack Ma Reappears In Hong Kong After Months Out Of Public Glare: Report
The Chinese billionaire has been keeping a low profile since delivering a speech in October last year in Shanghai criticising China's financial regulators. That triggered a chain of events that resulted in the shelving of his Ant Group's...
China's central bank says all cryptocurrency-related activities are illegal, vows harsh crackdown
China's central bank renewed its tough talk on bitcoin Friday, calling all digital currency activities illegal and vowing to crack down on the market.
Time Trumpet: the savage cult comedy that ‘predicted’ the future
From a guilt-ridden Tony Blair to plastic surgery for kids, Armando Iannucci’s series deftly spoofed our love of nostalgic TV. 15 years on it’s still brilliant – and a true hidden gem
The secretive Chinese upstart 'making fast fashion look slow'
Every night before bed, Anushka Sachan whips out her phone to log into an app.
China bans men it sees as not masculine enough from TV
China’s government banned effeminate men on TV and told broadcasters Thursday to promote “revolutionary culture,” broadening a campaign to tighten control over business and society and enforce official morality.
China cuts amount of time minors can spend playing online video games
Under-18s will be allowed to play online games for one hour on Fridays, weekends and holidays
End of leaded fuel use a ‘milestone for multilateralism’
The global phase-out of leaded fuel represents a “milestone for multilateralism”, UN Secretary-General António Guterres said on Monday, marking the end of a 20-year campaign to eliminate a major threat to the health of people and the pla...
Saudi Arabia ties up with Alibaba Cloud to enable technology-led travel experiences
The agreement is part of STA’s strategy to employ the latest technology to deliver seamless traveler experiences
China plans to ban US IPOs for data-heavy tech firms
China’s stock regulator plans to propose new rules that could thwart internet companies’ plans to list in the U.S.
A Chinese technology giant is donating all its profits to charity
One of China's biggest tech firms has pledged to hand over its entire profit for the last quarter to rural development projects in the country as Beijing steps up the pressure for wealth redistribution.
Saudi Arabia launches $1.2b in tech initiatives
Kingdom aims to improve digital skills of 100,000 Saudi youngsters by 2030
The party’s over: China clamps down on its tech billionaires
The startling rise to wealth of the nation’s entrepreneurs has been an affront to Beijing’s political philosophy and increasingly, a threat to the communist party
China passes one of the world’s strictest data-privacy laws
China has approved a sweeping privacy law that will curb data collection by technology companies, but that policy analysts say is unlikely to limit the state’s widespread use of surveillance.
Two Big US Investment Funds Adopt Soros’ Strategy of Dumping Chinese Stock Assets
The shift in American capital movements is taking place amid a massive sell-off of shares of Chinese companies, prompted in no small part by Beijing's perceived crackdown on private IT and education firms.
Western Business Media Fume as China Unveils Five-Year Plan Featuring More Corporate Regulation
Chinese regulators have gradually worked to close taxation loopholes and improve regulatory regimes in recent years, particularly amid the continued escalation of tensions with the United States, which has engaged the fledgling economic ...
Hong Kong stocks extend drop on crackdown woes before July economic reports
Hong Kong stocks declined amid lingering concerns about regulatory crackdown in China, while traders braced for key data on China’s economic pulse amid a resurgence in delta cases.
Alibaba to Fire Manager Accused of Raping Colleague, Beijing Recalls Ambassador to Lithuania, Hong Kong Teachers’ Union to Disband
Illicit trading of human placenta in China continues despite ban, and Evergrande in talks to sell stakes in EV and property services units
China's war on everything turns towards its own tycoons, with Jack Ma being a prime example
The aggressive economic approach the Chinese Communist Party has taken to its perceived enemies is also being used against some of its most wealthy citizens, writes Ian Verrender.
Will Beijing’s Big Tech crackdown kill the golden goose?
Investors ranging from venture capitalists to secondary market investors are all trying to second-guess what is coming next from Chinese regulators.
Stocks hit records ahead of Tesla earnings
Alphabet, Amazon, Apple, Facebook, Microsoft and Tesla all report this week
Nelson Mandela International Day 2021: History, Theme And Significance
Nelson Mandela International Day: July 18, 2021, marks the 103rd birth anniversary of Nelson Mandela. former president of South Africa.
Chinese Tech Stocks Jump After Tencent Gets Deal Approval
Hong Kong-listed Chinese tech stocks rose the most in nearly three weeks on Tuesday as official approval for a Tencent Holdings Ltd. acquisition eased investor concerns about Beijing’s recent regulatory crackdown.
Chinese City Using Facial Recognition Tech To Fight Coronavirus
This is the first publicly reported instance of facial recognition being used to track a person's movements and health status as they enter and exit residential areas, supermarkets, transport hubs and other public places in China.
Chinese antitrust regulator blocks Tencent's $5.3 bln video games merger
China's market regulator on Saturday said it would block Tencent Holdings Ltd's (0700.HK) plan to merge the country's top two videogame streaming sites, Huya (HUYA.N) and DouYu , on antitrust grounds.
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