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While the force did not identify the victim, she is understood to be the mother of Hong Kong fashion model Rosemary Vandenbroucke. The con artists told the woman she was suspected of involvement in money laundering, and that they needed to transfer money out of her accounts for investigative purposes.
Since 2002, the Gates Foundation has spent US$377.6mil in China across 271 grants largely focusing on preventing disease, including Covid-19. The billionaires’ divorce appears amicable and is unlikely to impact their charity in the short term.
BEIJING (Reuters) -Shares of Chinese gaming giant Tencent-backed online insurance technology firm Waterdrop Inc tumbled 14.5% in their New York debut on Friday.
Criminal hackers are increasingly using brazen methods to increase pressure on law enforcement agencies to pay ransoms, including leaking or threatening to leak highly sensitive and potentially life-threatening information.
ByteDance is on a hiring spree as it gears up to dethrone e-commerce king, Alibaba, amid other expansion plans.
LONDON (Reuters) - Lidar sensor maker Innovusion said on Monday it had raised $64 million in funding to ramp up production to supply Chinese electric vehicle (EV) maker Nio Inc's ET7 sedan, which is scheduled to start deliveries in early 2022.
Apple’s attempt to diversify manufacturing to India is being stymied by New Delhi’s coronavirus crisis
Apple has been hit by Covid-19 infections at two of its India plants, according to Taiwan media report. The coronavirus wave is likely to slow handset manufacturing production in India and weaken consumer demand, analysts say.
Chinese cryptocurrency financial services firm Babel Finance rides the mainstream wave with US$40mil Series A
From geek-only to institutional, cryptocurrencies are becoming mainstream. Babel Finance, a Hong Kong-based crypto financial services firm, has just raised US$40mil from Sequoia Capital China and Tiger Global Management.
ByteDance Ltd’s TikTok is working with brands including streetwear label Hype to test in-app sales in Europe, a move that will intensify its competition with Facebook Inc and further blur the line between social media and online shopping.
Exquisitely garbed in a traditional cheongsam dress, 76-year-old Sang Xiuzhu is one of an unlikely vanguard of elderly influencers storming Chinese social media with videos of glamour in the golden years.