Samuel Shen

1 week ago | aol.com | Samuel Shen |Vidya Ranganathan

By Samuel Shen and Vidya RanganathanSHANGHAI/SINGAPORE (Reuters) -The world's three best-selling makers of bitcoin mining machines - all of Chinese origin - are setting up manufacturing footholds in the United States as President Donald Trump's tariff war reshapes the cryptocurrency supply chain. Bitmain, Canaan and MicroBT build over 90% of global mining rigs - essentially computers dedicated to number-crunching that produces bitcoin.

1 week ago | ground.news | Samuel Shen |Vidya Ranganathan

The relocation effort marks a strategic response to President Donald Trump’s newly implemented tariffs targeting foreign tech reliance. Tariff Pressure Sparks Hardware Migration With over 90% of global Bitcoin mining machines produced by these three firms, the shift could significantly alter the mining hardware supply chain. The companies are adjusting to avoid the cost burden of cross-border tariffs imposed under the Trump administration’s push…

1 month ago | jp.reuters.com | Samuel Shen |Vidya Ranganathan

An electronic board shows Shanghai and Shenzhen stock indices as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 2, 2025.

1 month ago | reuters.com | Samuel Shen |Vidya Ranganathan

An electronic board shows Shanghai and Shenzhen stock indices as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 2, 2025.

1 month ago | gurutrade.com | Samuel Shen |Vidya Ranganathan |Edwina Gibbs

New rules force the introduction of variable-fee products Underperforming managers will also have to take pay cuts New rules expected to sharply change stock market fund flows SHANGHAI/SINGAPORE, May 16 (Reuters) - New rules for Chinese active funds unveiled this month that are set to drastically change fund flows in the country's stock markets have prompted immediate action from some of the biggest players in the industry to introduce fresh products.