Business
US dollar steadies, Aussie drops after RBA, Chinese trade data
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing…
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Chinese
Business
Chinese billionaire’s RoyalFlush trading app is big winner of stimulus
THE tycoon behind China’s RoyalFlush trading app has added US$6 billion to his wealth since the nation’s stimulus blitz in September,…
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Chinese coastguard uses water cannon, blocks Philippine vessels near Scarborough Shoal
China has blocked four Philippine vessels that attempted to "intrude into the territorial waters" of the disputed Scarborough Shoal on…
Business
Chinese food delivery giant Meituan beats quarterly revenue estimates
CHINA’S largest food delivery firm Meituan posted a bigger-than-expected 22.4 per cent rise in third-quarter revenue on Friday (Nov 29),…
News
Satellite image shows Chinese ship suspected of sabotage in "NATO lake"
A new satellite image appears to show a Chinese carrier ship that was linked to the cutting of two undersea cables in the Baltic Sea…
Business
Chinese driverless-tech firm Pony AI said to raise US$260 million in US IPO
The Guangzhou-headquartered company priced its American depositary shares at US$13 each PONY AI raised US$260 million after pricing its US…
Business
Chinese Courier SF Holding to start trading after HK$5.83 billion Hong Kong IPO
CHINA’S SF Holding’s shares are set to debut in Hong Kong on Wednesday (Nov 27), in what is expected to be the city’s final test for major…
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Chinese women sport Lululemons, carry Stanley cups to create 'white woman aesthetic'
Reactions: While the trend has gone viral, some netizens are not too keen about it. One Xiaohongshu user stressed that some Chinese people…
Business
Chinese broker Futu cuts 5% of staff as global expansion slows
CHINA’S online brokerage Futu Holdings is reducing its headcount by about 5 per cent as it reassesses the firm’s strategy to expand…
Business
Starbucks is said to consider selling stake in Chinese business
STARBUCKS is exploring options for its Chinese operations including the possibility of selling a stake in the business, according to…
Business
Chinese healthcare businesses wade into South-east Asia for cost-efficiency, growth
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies expanding into region…
Business
Malaysia govt rejects claim 'millions of Chinese' granted citizenship
Malaysia has only granted citizenship to 103 Chinese nationals in the past decade, contrary to misleading claims on social media that the…
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Why Chinese companies are also waiting for Sudan's civil war to end
Chinese companies are ready to return to Sudan at a moment's notice, according to a Chinese official, once security and stability are…
Business
Merck snags Chinese cancer drug for up to US$3.3 billion
MERCK & Co licenced an experimental cancer antibody from a closely held Chinese company in a deal worth US$588 million upfront, plus as…
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Major Chinese cyberespionage targeting US telecom networks uncovered by FBI
The FBI has announced that its investigation into Chinese government-sponsored cyber activities has revealed an extensive cyberespionage…
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Chinese EV makers see EU sales slump as tariff row deepens
CHINESE electric vehicle (EV) makers lost ground in Europe for a third straight month, in the latest sign that the move towards higher…
Business
Chinese self-driving car company WeRide notches US$4.21 billion valuation in US IPO
SELF-DRIVING car company WeRide notched a valuation of about US$4.2 billion, after raising US$120 million in its US initial public…
Business
Europe’s airlines dial up pressure in face of Chinese threat
AIR-FRANCE KLM is lobbying the French government to cap the number of flights that mainland Chinese carriers can make to Europe, according…
Business
Chinese stimulus to real estate checks steel price slide, worries persist
Steel prices had been on a downward trend, and experts agree that China’s stimulus has boosted global sentiment | (Photo: Shutterstock) 4…
News
Taiwan details record surge in Chinese fighter planes involved in war games
A ministry map showed 28 of those aircraft had crossed the sensitive median line of the Taiwan Strait 3 min read Last Updated : Oct 15…
Business
Chinese stocks suffer biggest drop since 2020 on stimulus skepticism
Stock investors have looked for greater fiscal spending to arrest a slowdown. | File Photo: Bloomberg 5 min read Last Updated : Oct 10…
Business
Chinese kitchenware maker Carote surges at debut in Hong Kong
CHINESE kitchenware firm Carote rose 64 per cent at its listing debut in Hong Kong on Wednesday (Oct 2), reinforcing perceptions that the…
Business
Chinese stock market enters bull market after biggest surge since 2008
4 min read Last Updated : Sep 30 2024 | 11:46 PM IST Bloomberg News Chinese stocks extended one of their most remarkable turnarounds in…
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More Chinese heading to Europe, far-flung hotspots for Golden Week holiday
The recovery of overseas tourism from China is a critical metric for the global travel industry. | Representative Picture 4 min read Last…