Apple has agreed to pay almost half a billion dollars to investors on Friday, over allegations it exaggerated iPhone demands in China in 2018.
BUSINESS
Estée Lauder’s Slow Progress on China Turnaround a Key Concern for Analysts
Estée Lauder is making slow progress turning around its China business, making what used to be one of its biggest appeals the main source of concern for analysts.
China is eating Japan’s lunch when it comes to EVs so two of its biggest automakers have joined forces to avoid being ‘wiped out’
according to the China Association of Automobile Manufacturers. China’s overall exports also surged by 58% last year to 4.9 million units, according to the trade association, thanks in part to EVs, …
United States Leads All Countries With a Staggering $9,360,000,000 Worth of Crypto Gains in 2023: Chainalysis
New data from market intelligence firm Chainalysis reveals that global cryptocurrency gains topped $37.6 billion in 2023 as asset prices and market sentiment continue to improve after a challenging …
China May Be Biggest Winner From Bank Of Japan Rate Shock
Of course, sudden yen moves have a knack for shoulder-checking global markets. Two-plus decades of zero rates made Japan the globe’s top creditor nation. Since the late-1990s/early 2000s, financiers …
Are US apparel brands still being won over by China’s low prices in 2024?
At the start of 2024, data reveals China remains the cheapest apparel supplier to the US at $1.78 per unit of apparel.
China’s Name and Shame Event Calls Out BMW for Technical Issues
BMW AG was named at an annual show airing consumer complaints about technical issues and shoddy services, just as legacy automakers fight intense competition from local rivals.
China’s ‘broker butcher’ vows to tighten IPO rules, curb excesses to restore confidence in US$9.2 trillion stock market
China’s new boss at the CSRC is living up to his tough reputation, issuing four new documents governing IPO market behaviour Listing committee members have ‘life-long’ responsibility for any …
Chinese brands, e-commerce firms targeted by French fast fashion bill
and even foreign brands like Primark and Zara, a large number of whose suppliers are located in China, may have had an impact on French enterprises, which may be an important reason for the French…
China Eyes Greater Market Oversight to Boost Investor Confidence
China’s markets regulator vowed to tighten listing requirements onshore and beef up checks on publicly traded firms, in its latest effort to inject confidence into the nation’s $9.2 trillion stock …
Crypto wants the Senate. It’s getting there.
The crypto super groups, consisting of the PACs Fairshake … expanding paid family and medical leave and implementing universal pre-K. Vance’s China plan — Sen. J.D. Vance has a new bill that would …
China’s ‘broker butcher’ vows to tighten IPO rules, curb excesses to sustain rebound in US$9.2 trillion stock market
China’s new boss at the CSRC is living up to his tough reputation, this time with warnings on IPO market behaviour Listing committee members have ‘life-long’ responsibility for any malfeasance, …
China’s Struggling IPO Market Gets More Bad News
China will ramp up scrutiny of companies hoping to sell shares, putting more pressure on [the country’s moribund initial public offering market]( …