Mar 11, 2023 03:13 AM- China Consumer Spending Shows Strong Signs of Rebounding
- With export demand weakening, Chinese consumers will need to drive the economy with more restaurant meals, travel and car purchases
Mar 10, 2023 17:04 PM- U.S. and India Plan to Boost Chips Collaboration, Commerce Secretary Says
- Biden administration hopes the South Asian country can achieve its aspirations to ‘play a larger role’ in the electronics supply chain, Gina Raimondo tells reporters
Mar 10, 2023 14:50 PM- Singapore’s Keppel Targets Vietnam Amid Shift to Diversify From China
- Last year, the Temasek-backed company’s Vietnam subsidiary struck a deal to acquire land in Hanoi for a residential project. Its CEO also says there are clean energy and data center plans in the pipeline
Mar 10, 2023 14:08 PM- Japan Says No Decision Yet on Chip Export Restrictions
- Trade minister says U.S. allies seek middle ground between Washington and Beijing, and that Japan will ‘consider appropriate measures’ in light of the Netherlands’ decision to curb some exports to China
Mar 10, 2023 06:26 AM- Tesla Supplier CATL Smashes Profit Estimate as EV Sales Soar
- Chinese battery giant’s 2022 earnings almost double to $4.4 billion as its dominant position trumps rising competition
Mar 10, 2023 06:21 AM- Meituan’s Billionaire Co-Founder Joins China’s AI Chatbot Rush
- Wang Xing surfaces to declare he’s joining fellow Meituan co-founder Wang Huiwen in funding an artificial intelligence startup
Mar 09, 2023 16:32 PM- China’s Weak Inflation Eases Pressure on Global Prices
- CPI rose 1% last month from a year earlier, the lowest level since February 2022, National Bureau of Statistics data shows
Mar 09, 2023 14:49 PM- China Faces More Limits on Chip Gear Export From Netherlands
- Under pressure by the U.S., Dutch regulators are preparing a proposal to rein in shipments from firms such as semiconductor machinery heavyweight ASML
Mar 09, 2023 13:58 PM- Chinese Chipmaking Supplier Shares Soar After Reports of Japanese Curbs
- One producer of an essential chipmaking compound jumps 20% after unsubstantiated social media posts said an unnamed company had cut off supplies
Mar 09, 2023 03:53 AM- Cathay Pacific Posts First Operating Profit Since Before Pandemic
- Main Hong Kong airline beats profit estimates as travel regains momentum following end of strict Covid controls
Mar 09, 2023 03:47 AM- Credit Suisse Wins Licenses in China for Wealth and Brokerage Units
- Approvals signal progress for embattled Swiss lender, clearing the way for spurt of hiring in China
Mar 08, 2023 19:34 PM- JPMorgan Says ‘Shockingly Low’ Number of Startups in Asia Led by Women
- Only 5.7% of startups in Asia-Pacific are led by female entrepreneurs, a share that has stayed stagnant for five years, a study by the bank says
Mar 08, 2023 16:10 PM- White House Endorses New TikTok Bill, Calls for Swift Passage
- Legislation could give the president the power to force the sale of foreign-owned technologies, apps and e-commerce platforms if they present a national security threat
Mar 08, 2023 16:03 PM- Asia Stocks Tumble, Yields Climb on Fed Rate-Hike Fears
- A gauge of the region’s shares slipped more than 1%, with a benchmark of emerging markets falling more as investors adjusted for the prospect of higher borrowing costs
Mar 08, 2023 15:59 PM- Singapore’s Sea Posts First-Ever Quarterly Profit After Slashing Costs
- The NYSE-listed firm posted net income of $422 million for the October-December period, a turnaround from a $616 million loss a year earlier
Mar 08, 2023 05:26 AM- China’s Exports Extend Declines, Adding to Pressure on Economy
- January-February exports fall 6.8% while imports contract 10.2% amid shrinking global demand and soaring inflation
Mar 08, 2023 04:51 AM- China Backs Sri Lanka Debt Plan, Paving Way for IMF Loan
- Bankrupt South Asia island nation moves close to securing a $2.9 billion bailout, spurring gains in stocks and the local currency
Mar 08, 2023 04:47 AM- Tencent-Backed Airwallex Acquires China License Via M&A Deal
- Payment platform startup clears regulatory hurdles with Chinese authorities, building on approvals in Australia, Europe, Hong Kong and the U.S.
Mar 07, 2023 16:35 PM- Hong Kong Rally Helps Push Global Equities
- The Hang Seng China Enterprises Index jumped as much as 2.4% while the Hang Seng Index climbed as much as 2%
Mar 07, 2023 13:06 PM- SoftBank-Backed AI Robot Developer CloudMinds Weighs $500 Million Hong Kong IPO
- Founded in 2015, the Shanghai-based firm develops robots with artificial intelligence that can be used in restaurants and hotels for food delivery, cleaning and patrolling
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