Hasbro Chief Financial Officer Gina Goetter said on the company’s fourth-quarter earnings call that the toymaker’s 2025 guidance—which includes adjusted EBITDA of $1.1 billion t …
Monthly Archives For February 2025
Move Digital plans to manufacture robots for the home
Move Digital is a global blockchain and AI technology firm specializing in developing applications for the B2B sector.
China’s Power Elite: A Guide to the Tech Kingpins Who Met Xi Jinping
R arely have so many Chinese billionaires gathered in one place as happened this week in Beijing, when leader Xi Jinping summoned the nation’s top entrepreneurs and CEOs from te …
China’s central bank to promote cross-border RMB use
BEIJING, Feb. 20 (Xinhua) — The People’s Bank of China (PBOC) will promote the use of renminbi (RMB) in cross-border payments, pricing, investment and financing, with an aim to facilitate …
AI job boom in China after DeepSeek’s success, but not enough skilled talent to fill demand
By 2030, China’s demand for AI professionals is expected to reach six million but the domestic pool can provide only one-third of the necessary talent, leaving a shortage of about four million workers …
In China, Financial Stress Stalks Hospitals and Bankruptcies Soar
Still recovering from heavy spending during the pandemic, hospitals are squeezed by a slumping economy and government efforts to curb health care spending.
Beijing allows Hong Kong banks to issue credit cards on mainland from March 1
The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.
As China’s firms rush to adopt DeepSeek’s AI services, workers worry over impact on jobs
The hashtag “ask DeepSeek whether my job will be taken” has been trending on Chinese microblogging site Weibo, garnering close to 7.2 million views.
China, Iran and Russia condemned by dissidents at UN watchdog’s Geneva summit
Dissidents from across the globe gathered in Geneva to speak about their experiences fighting oppressive regimes. Family and friends of dissidents spoke as well, some in honor of their loved ones.
China’s central bank pledges financial support for private economy
China’s central bank vowed on Thursday to provide strong financial support for the healthy development of private economy and the growth of private enterprises.
BYD and its rivals are crushing Tesla in China — and they’re going global
Elon Musk’s Tesla is under pressure in the world’s largest car market from EV giant BYD and its rivals that are fast expanding outside China.
China’s leaders look to have blinked in their property face-off
If a bail-out for Vanke is forthcoming, China’s leaders will have blinked. Although the rescue would be organised by local authorities, it would have required the approval of Beijing’s top dogs.
China lithium tech export curbs may benefit Eramet, CEO says
Potential Chinese export restrictions on lithium extraction technology could create new opportunities for Eramet following its launch of lithium production in Argentina, the head of the French mining …
