Larry Lee
The Latest
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Qihoo 360 Founder Zhou Hongyi Divorces, Transfers 6.25% Company Shares to Ex-Wife Valued at $1.3 Billion
360 Company announced that its founder, Zhou Hongyi, has amicably divorced his wife. 
360 Company announced that its founder, Zhou Hongyi, has amicably divorced his wife. -
India's Bank of Baroda Halts Payments for Russian Oil Above Western Price Cap, Accelerating Shift to Rupee Trade - Report
India's state-run Bank of Baroda has ceased clearing payments for Russian oil sold at prices exceeding the cap established by Western nations, according to three sources with direct knowledge of the situation. This decision could hasten the adoption of a rupee-based trade mechanism. 
India's state-run Bank of Baroda has ceased clearing payments for Russian oil sold at prices exceeding the cap established by Western nations, according to three sources with direct knowledge of the situation. This decision could hasten the adoption of a rupee-based trade mechanism. -
Beijing Cautions US House Speaker Against Meeting with Taiwan's Tsai Ing-wen
On Tuesday, China issued a warning to U.S. House Speaker Kevin McCarthy, cautioning him against "repeating disastrous past mistakes" by meeting with Taiwan's President Tsai Ing-wen. Beijing stated that such a meeting would not promote regional peace and stability but would instead unite the Chinese people against a shared adversary. 
On Tuesday, China issued a warning to U.S. House Speaker Kevin McCarthy, cautioning him against "repeating disastrous past mistakes" by meeting with Taiwan's President Tsai Ing-wen. Beijing stated that such a meeting would not promote regional peace and stability but would instead unite the Chinese people against a shared adversary. -
US Dollar Falters Amid Weak Manufacturing Data, Aussie Dollar Awaits RBA Decision
The US dollar struggled on Tuesday, following a decline in American manufacturing activity last month, which indicated a slowing economy and overshadowed renewed inflation concerns in the wake of OPEC+'s unexpected output reduction. 
The US dollar struggled on Tuesday, following a decline in American manufacturing activity last month, which indicated a slowing economy and overshadowed renewed inflation concerns in the wake of OPEC+'s unexpected output reduction. -
European Commission President Ursula von der Leyen Set for China Visit Amid Strained Relations
European Commission President Ursula von der Leyen is scheduled to visit China from April 5th to 7th, as announced by the Chinese foreign ministry on Monday. The visit comes on the heels of her remarks about the strained relations between the European Union (EU) and Beijing. 
European Commission President Ursula von der Leyen is scheduled to visit China from April 5th to 7th, as announced by the Chinese foreign ministry on Monday. The visit comes on the heels of her remarks about the strained relations between the European Union (EU) and Beijing. -
Iran's President Ebrahim Raisi Accepts Invitation for Historic Visit to Saudi Arabia - Report
Iranian President Ebrahim Raisi is set to visit Riyadh, following an invitation from King Salman bin Abdulaziz Al Saud of Saudi Arabia 
Iranian President Ebrahim Raisi is set to visit Riyadh, following an invitation from King Salman bin Abdulaziz Al Saud of Saudi Arabia -
China Warns Japan Against Supporting US Chip Export Restrictions Amid Tech Supremacy Battle
Chinese Foreign Minister Qin Gang cautioned Japan against backing US restrictions on China's semiconductor industry, as Washington continues to seek support for its chip export limitations. Qin urged Japanese counterpart Yoshimasa Hayashi on Sunday not to assist the US, stating, "What you do not want, do not do to others," according to a CNBC translation of a Chinese foreign ministry statement. 
Chinese Foreign Minister Qin Gang cautioned Japan against backing US restrictions on China's semiconductor industry, as Washington continues to seek support for its chip export limitations. Qin urged Japanese counterpart Yoshimasa Hayashi on Sunday not to assist the US, stating, "What you do not want, do not do to others," according to a CNBC translation of a Chinese foreign ministry statement. -
Chinese Banks Urged to Enhance Risk Management Amid Global Banking Turmoil
In light of the recent global banking crisis, senior Chinese banking officials have called on the country's top lenders to improve their risk management practices and remain vigilant to macroeconomic shifts. 
In light of the recent global banking crisis, senior Chinese banking officials have called on the country's top lenders to improve their risk management practices and remain vigilant to macroeconomic shifts. -
HSBC Rejects Hong Kong Activist Shareholder's Proposal to Spin Off Asian Business
HSBC Holdings dismissed an activist shareholder's proposal on Monday to spin off its core Asian business, reiterating the negative impact such a move would have on the Asia-centric bank's expenses and clients. 
HSBC Holdings dismissed an activist shareholder's proposal on Monday to spin off its core Asian business, reiterating the negative impact such a move would have on the Asia-centric bank's expenses and clients. -
China's March Factory Growth Stagnates Amid Weak Demand - Caixin PMI
China's factory growth came to a standstill in March, affected by a slowdown in production and diminished global demand, which cast doubt on a post-pandemic recovery, according to a private sector survey published on Monday. 
China's factory growth came to a standstill in March, affected by a slowdown in production and diminished global demand, which cast doubt on a post-pandemic recovery, according to a private sector survey published on Monday.
