Bloomberg China is strong enough to withstand the effects of the trade war with the US, according to statements over the weekend from current and former officials, putting forward a confident view of an economy which has been showing signs of weakness in the past few months. A top financial regulatory official and a vice information technology minister said the ...

Bloomberg Trax, a Singapore-based startup serving the retail industry, is finalising a deal to raise $100 million at a pre-money valuation of about $1.1 billion, a price tag that could make it the second most valuable startup in the city-state. The company is talking with a few private equity firms and the new funding round is expected to close by ...

Bloomberg A major Chinese chipmaker surged in Hong Kong amid prospects that its decision to stop trading in New York will attract more volume to its main listing. Semiconductor Manufacturing International Corp was Monday’s top gainer on the MSCI China Index as well as its Asia-Pacific gauge with a 10 percent rally. It was a different story for its American ...