Feb 03, 2023 14:22 PM- Apple Suffers First Quarterly Revenue Drop Since 2019 on China and Demand Woes
- The iPhone-maker’s turnover in the country declined 7.3% on the year to $23.9 billion, falling more than in any other region in the fourth quarter
Feb 03, 2023 05:38 AM- Hong Kong to Give Away 500,000 Air Tickets to Revive Tourism
- Leader John Lee calls it ‘probably the world’s biggest welcome ever’ as the city launches campaign to rev up post-pandemic economy
Feb 03, 2023 05:28 AM- TikTok Should Get Kicked Off Apple and Google App Stores, U.S. Senator Says
- Colorado Democrat Michael Bennet joins Republicans in widening campaign to shut down ByteDance’s platform on national security grounds
Feb 02, 2023 16:04 PM- Singapore Property Market Braces for Surging Chinese Demand
- Real estate agencies have seen more inquiries from mainlanders, with one industry watcher noting a 10% to 15% increase since Beijing announced an end to three years of global isolation
Feb 02, 2023 15:13 PM- Following Fed, Hong Kong Raises Benchmark Interest Rate
- The base rate was increased by 25 basis points to 5%, in lockstep with the U.S. due to the local currency’s peg to the greenback
Feb 02, 2023 04:32 AM- Macao’s Gaming Revenue Jumps 82.5% as China Travel Resumes
- End of Covid curbs and Lunar New Year holidays set off influx of visitors to the languishing gambling hub, though the upsurge may soon wane
Feb 02, 2023 04:26 AM- Hong Kong’s Economy Contracted in 2022 Amid Covid and Slowing Demand
- Fourth-quarter decline brings shrinkage for 2022 to 3.5% in third drop since 2019, but end of pandemic measures signals 2.8% gain this year
Feb 02, 2023 04:10 AM- China Lifts Southeast Asia Factories as Europe Downturn Eases
- Production and purchasing indicators rise across the region on expectations China’s reopening will spur demand
Feb 01, 2023 17:00 PM- EV-Maker Lotus Tech Inks SPAC Deal to List on the Nasdaq
- Chinese luxury electric-vehicle maker will form a merged entity with L Catterton Asia Acquisition that will have an enterprise value of $5.4 billion
Feb 01, 2023 15:28 PM- Caterpillar Sinks as China Warning and Cost Worries Pile Up
- Shares of the maker of iconic yellow bulldozers fell more than 3% overnight in the U.S. due to softer sales of its machines in the Asian country this year
Feb 01, 2023 14:39 PM- SoftBank Ex-COO to Lead Chinese Phenom Shein in Latin America
- Marcelo Claure will take over the region’s operations, while also making a $100 million personal investment in the company
Feb 01, 2023 14:18 PM- Hong Kong Housing Slump Pushes Negative Equity to 18-Year High
- The number of homes valued less than their mortgages rose to 12,164 in the fourth quarter of last year, 22 times higher than the previous three-month period
Feb 01, 2023 07:20 AM- Hong Kong Seeks to Revive Crypto Sector Wrecked by FTX Debacle
- In pivot to bolstering cryptocurrency as part of its rebound plan, HK works on rules reflecting lessons from the market’s $2 trillion rout
Feb 01, 2023 07:12 AM- Biden Team Weighs Fully Cutting Off Huawei From U.S. Suppliers
- Administration may slam the door even on licensed sales to the Chinese tech giant under the four-year-old blacklist
Jan 31, 2023 18:45 PM- Samsung’s Fourth-Quarter Earnings Plummet Amid Global Chip Downturn
- South Korean tech giant reports operating profit drop of 69% to $3.5 billion in its worst quarterly showing since 2014
Jan 31, 2023 14:10 PM- Guinea Gets Chinese Boost to Unlock Simandou Iron Ore Deposit
- Rio Tinto, China Baowu Steel and an investment consortium will restart development at the site in the West African country in March
Jan 31, 2023 14:05 PM- China Tells Dutch It Wants Open Supply Chains Amid U.S. Chip Curbs
- The call between Foreign Minister Qin Gang and his Dutch counterpart comes as the Biden administration reportedly secured an agreement with the Netherlands and Japan to restrict exports of some advanced chipmaking machinery to China
Jan 31, 2023 04:15 AM- China Finds No New Covid Variants Amid Massive New Year Migration
- Virus circulating during holiday consists of older omicron strains, China CDC reports based on thousands of samples
Jan 31, 2023 04:04 AM- Hong Kong Wealth Fund Posts Record $26 Billion Loss in 2022
- Exchange Fund, which backs the Hong Kong dollar, was hurt by a sell-off in stocks and bonds as interest rates rose
Jan 30, 2023 15:42 PM- PBOC to Extend Monetary Policy Tools for Green Sector
- The central bank will continue to offer cheap funding through 2024 to banks lending to firms that help reduce carbon emissions
Third-Party-Article
Copyright © 2024 Caixin Global Limited. All Rights Reserved.
Sign in with Google
Sign in with Facebook
Sign in with 财新