Dig a little deeper, you’ll find the top concern among geopolitical risks, for most, is not war in Europe, or missiles in the Red Sea, or widening conflict with Iran. It’s China. A decade ago,…
BUSINESS
China’s cobalt intermediate imports maintained an increase, and the average import price fell again!
According to customs data, China’s imports of cobalt hydrometallurgical intermediates in December 2023 were about 18,100 metal tons (converted at 35% grade), an increase of 15% month-on-month and 36% …
China’s WuXi AppTec, Wuxi Biologics plunge to multi-year lows on fears over US biotech bill
Shares of WuXi AppTec Co Ltd and WuXi Biologics (Cayman) tumbled on Friday as investor fears grew over a U.S. draft bill targeting Chinese biotech giants. Wuxi AppTec plunged 21.2% on Friday, hitting its lowest…
Prominent Chinese Investment Banker Who Went Missing Last Year Resigns From Company He Co-Founded
Bao Fan’s sudden disappearance last year coincided with Chinese President Xi Jinping’s crackdown on the country’s finance industry over corruption.
34 Shanghai brands have been added to China Time-Honored Brands list
According to a notice from the Ministry of Commerce, 34 Shanghai brands have been included in a new batch of China Time-Honored Brands listings, raising the overall number to 197 and surpassing other …
India’s Quiet Push to Steal More of China’s iPhone Business
The companies that make iPhones are bringing their factories to one corner of India, to graft them onto a network of manufacturers.
Cramer says the IPO market has been ‘hit or miss,’ telling investors to stay away from Amer Sports
Even though the IPO market is heating up, CNBC’s Jim Cramer said it’s seen some poor offerings, including Amer sports.
S.Korea Exports Rise for Fourth Month on Surge in Chip Sales, China Rebound
By destination, China-bound shipments gained 16.1%, snapping a 19-month streak of declines. Exports to the United States rose 26.9%, extending gains to a sixth straight month, while those to the European Union climbed 5.2%.
South Korean memory chips lift national exports in January for a strong start to 2024
South Korea’s headline exports rose 18 per cent in January, beating expectations, on the back of strong memory chip exports, which leapt 56.2 per cent.
China’s start-ups take on big global beauty brands
Local companies are nipping at the heels of global names such as L’Oréal, Estée Lauder and Shiseido in China, the world’s second-biggest beauty market by sales. Their savvy use of social media and …
China unlikely to apply ‘economic coercion’ against Japan amid slowdown as Tokyo builds ‘safety net’
A top Japanese business delegation has failed to get Beijing to address Tokyo’s concerns such as China’s anti-espionage law and seafood ban Japan has been expanding its economic capabilities in various areas in a bid…
Meta reveals dividend plans, Apple slumps in China, Amazon soars as tech earnings hit
Meta announced plans for its first-ever quarterly dividend while Apple reported a sales slowdown in its key China market on Thursday as three of the biggest tech stocks reported quarterly earnings
Apple shares fall even after earnings beat Wall Street’s expectations
Apple’s shares fell during after-hours trading even after the company’s earnings beat Wall Street’s expectations.