Business
4 China state banks plan 520b yuan placements to add capital
Four of China’s largest state banks plan a total of up to 520 billion yuan in private placements to boost core tier-1 capital, after…
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China
Business
S-Reits with China retail assets log mixed 2024 performance, may benefit from consumption push
[singapore] Singapore real estate investment trusts (S-Reits) with retail assets in China have posted a mixed performance in 2024 with…
Business
China, Hong Kong stocks shrug off new US tariff threat; tech, auto lead gains
The chip sector rallies 1.3%, while automobiles sub-index also reverses losses to climb up 0.9%, leading onshore markets higher China and…
News
AirAsia flight to China turns back due to engine issue, lands safely
An AirAsia flight bound for China returned to Kuala Lumpur due to an engine issue shortly after takeoff and landed safely with no injuries…
Culture
China pauses new deals with Li Ka-shing family after Panama ports plan
China has told state-owned firms to hold off on any new collaboration with businesses linked to Li Ka-shing and his family, according to…
Lifestyle
Toteme Unveils First China Flagship in Beijing, Designed by Herzog & de Meuron
SHANGHAI – Swedish quiet luxury player Toteme continues its global retail expansion by opening its first China flagship store on Thursday…
News
TikTok: Trump says he may cut China tariffs to help seal deal to sell the app
US President Donald Trump says he may cut tariffs on China to help seal a deal for short video app TikTok to be sold by its owner…
Business
China raises record 1.45 trillion yuan from bonds in stimulus signal
China ramped up debt issuance this quarter, a move that both signals authorities’ priority on stimulating growth and efforts to prevent a…
Business
China banks ramp up bad property loan disposals to boost economy
China’s big banks are accelerating a drive to write off soured property loans to clean up their balance sheets as they heed calls by…
Culture
Peabody Essex Museum to Stage Andrew Gn Exhibition
This fall the Peabody Essex Museum will unveil “Andrew Gn: Fashioning the World,” which will be making its North American debut. The…
Business
China bubble tea chain Mixue profits spike 40% in 2024
Chinese bubble tea and drinks firm, Mixue Group, which has surpassed McDonald’s and Starbucks in store count to become the world’s largest…
Business
Alibaba teams up with BMW to develop AI for cars in China
The carmaker is building a new intelligent personal assistant with enhanced voice recognition and trip planning features Alibaba Group…
Business
Top China phonemaker wants 70% of sales from overseas by 2027
China’s No 1 smartphone maker Vivo wants to increase sales from overseas markets such as South-east Asia to as much as 70 per cent of…
Business
AstraZeneca seeks to move past China probe with Beijing R&D hub
Ever since AstraZeneca shocked investors in October with news its China chief was under investigation, the British pharmaceutical giant…
Business
GuocoLand names new managing director for China business
Kevin Zhou will oversee the group’s operations there, including its portfolio of developments and investment assets Property developer…
Business
Global investors tout improving China sentiment at Milken event
Global investors are seeing signs of improving sentiment towards China, though it will take more conviction for big, long-only funds to…
Culture
Lewis Hamilton takes first Ferrari pole for China sprint race
Lewis Hamilton took his first pole position for Ferrari as he headed sprint qualifying for the Chinese Grand Prix. Hamilton beat Red…
News
China to add cobalt, copper in boost to state metal reserves
China plans to add to its strategic reserves of key industrial metals this year, an effort to boost the resilience of critical minerals…
Business
CK Hutchison warns of geopolitical risks as profit falls and ports deal upsets China
CK Hutchison Holdings warned of geopolitical risks to global trade, as the Hong Kong conglomerate reported weaker-than-expected profit and…
Fashion
Why billionaire Li-Ka-shing’s Panama ports deal infuriated China
Billionaire Hong Kong tycoon Li Ka-shing has found himself in the middle of the China-US geopolitical tussle after announcing a deal to…
Business
China holds benchmark lending rates steady as expected
China held benchmark lending rates steady for the fifth straight month in March on Thursday (Mar 20), matching market expectations. Early…
Business
Ontario pension set to shut Hong Kong office in China retreat
Ontario Teachers’ Pension Plan is planning to shut down its Hong Kong office as it pares its exposure to China, according to sources…
Business
More tech layoffs hit Bay Area as HP and Autodesk announce job cuts
Another round of layoffs hit the San Francisco Bay Area’s volatile tech industry. HP Inc. plans to lay off up to 2,000 more employees as…
News
Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs
Apple said Monday that it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in…