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Thursday, Sep 16, 2021
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Hong Kong Science Park on track to attract top-notch research institutes as part of tech push, CEO says
The city is competing for talent, capital and start-ups with other hi-tech hubs like Singapore, Israel and Silicon Valley
Golfing around the world, from Cayman
Cayman national team golfer Justin Hastings teed up his ball on a par-4 hole that sloped gently upwards to the pin, 361 yards away. Swinging at 111 miles per hour, Hastings launched the ball 283 yards straight ahead, setting himself up f...
Mnuchin seemingly defuses Trump's 'treason' threat to Google over China work
“The president and I did diligence on this issue and we’re not aware of any areas where Google is working with the Chinese government that in any way raises concerns,” Mnuchin said during a wide-ranging interview on CNBC’s "Squawk Box." ...
Trump Meets With Caribbean Leaders At Mar-A-Lago | NBC News
President Donald Trump met with the leaders of several Caribbean nations at his Mar-a-Lago residence.
Trump: US and UK working on 'very substantial' deal
US President Donald Trump has said talks about a "very substantial" trade deal with the UK are under way. The deal could lead to a five-times increase in trade, the US president says after speaking to Boris Johnson.
The regulatory woes of Big Tech multiply
After years during which tech’s titans could do no wrong, they are now being pulled into a vortex of regulatory woes that make headlines almost daily. Big Tech is not about to implode. But will it come out intact?
'Five Eyes' security alliance calls for access to encrypted material
The U.S.-led “Five Eyes” intelligence alliance said on Tuesday that tech firms must allow law enforcement agencies access to encrypted material, warning that failing to do so put people at risk.
Eurozone panic: Brexit, Boris and Trump cause chaos for EU growth
BREXIT and international trade disputes have butchered the EU economy, which has grown by just half of what it had done the previous quarter, new figures indicate.
China says ‘no such thing’ as currency manipulation despite US claim it depreciated yuan exchange rate
US Treasury declared China a ‘currency manipulator’ on Monday after the yuan fell below the key threshold of 7 to the US dollar for the first time since 2008. People’s Bank of China says it has ‘refused to engage in a competitive devalua...
Google's anti-Trump bias calls attention to its questionable ties to China
EX-GOOGLE ENGINEER CLAIMS 'BIASED' EMPLOYEES 'REALLY WANT TRUMP TO LOSE IN 2020'
Alibaba President Among Those Malaysia Charged in 1MDB Deal
Mike Evans is one of 17 facing criminal charges in scandal. Evans is the international face of China’s e-commerce leader.
Farmers tell Trump: ‘Give us China back’
American farmers have already lost billions and the markets in China they spent decades to develop, as a consequence of President Donald Trump’s trade war, National Farmers Union president Roger Johnson tells News With Rick Sanchez. They...
New US House Bill Would Ban Big Tech From 'Banking', Fine Facebook's Libra $1 Million Per Day
The Democratic majority on the House Financial Services Committee has drafted legislation that would issue fines to Big Tech companies for distributing digital currency or operating as a financial organization.
USA raises tariffs to 30 per cent on US$250 billion of Chinese imports, China announces fresh tariffs on US$75 billion of US products
Donald Trump calls Xi Jinping an ‘enemy’ after China announces fresh tariffs on US$75 billion of US products. Beijing will raise tariffs on items originating in the US from 5 per cent to 10 per cent in two batches. Trump responded by ‘or...
Nouriel Roubini: The anatomy of the coming recession
Three negative supply shocks could trigger a global recession - and none of them is amenable to the tools of countercyclical macroeconomic policy
Huawei faces a 'life or death crisis,' CEO says as he lays out 'battle' strategy amid US pressure
Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing repetitive jobs and moving managers to other positions where r...
European officials draft radical plan to take on Trump and U.S. tech companies
In a bid to counter Trump, EU officials are proposing to unilaterally slap tariffs on the United States. The goal: get Europe competing head-on with the American and Chinese tech giants it has lagged behind for decades.
The EU has new people in charge. And it’s not good news for US tech firms
Ursula von der Leyen, the president-elect of the Commission, said during a speech earlier this month that “it is not acceptable that (tech companies) make profits, but they are barely paying any taxes.” Europe is already looking at ways ...
OECD tax chief uses Cayman to illustrate minimum tax rate
The Organisation for Economic Co-operation and Development is going to release a proposal for global corporate tax reform before the next meeting of G‑20 finance ministers and central bankers set for 17 Oct. in Washington, DC.
Growing nationalism in China could embolden Xi Jinping, says ex-US ambassador
A former U.S. ambassador to China, Max Baucus, told CNBC: “Don’t forget ... Chinese (are) very patient historically, they’ll wait it out, they’ll play lots of different angles. They’re going to try to hang in there, waiting for President...
Trump adviser asked Microsoft why it wouldn’t spy for the US
An adviser to US President Donald Trump once questioned Microsoft Corp for not spying on its users around the world on behalf of the government, the software giant’s president has revealed, as Washington continues its campaign against Ch...
Edward Snowden, The man whose state surveillance revelations rocked the world - speaks
The world’s most famous whistleblower, Edward Snowden, says he has detected a softening in public hostility towards him in the US over his disclosure of top-secret documents that revealed the extent of the global surveillance programmes ...
Obama says presidents shouldn’t watch TV and should stay off social media
President Barack Obama spoke at an event on Wednesday in San Francisco hosted by software company Splunk. Obama discussed how tech can help play a role dealing with critical issues like climate change and health care. The event came a da...
Trump considers delisting Chinese firms from U.S. markets
President Donald Trump's administration is considering delisting Chinese companies from U.S. stock exchanges, three sources briefed on the matter said on Friday, in what would be a radical escalation of U.S.-China trade tensions.
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