Former President Donald Trump owns more than $1 million in cryptocurrency and made $300,000 on branded Bibles, a personal financial disclosure form released Thursday shows.The branded Bible, listed in …
BUSINESS
China’s oil demand dips, ticks down as economic ebb eases fuel imports
Reduced economic activity and greater adoption of green energy has softened China’s oil imports, a change so significant it has altered projections for global energy purchases.
China-Based Autonomous Driving Company WeRide Looks To Raise $440M Via US IPO And Private Placement
China-based autonomous driving startup WeRide said on Friday that it is looking to raise up to $440 million in a U.S. initial public offering and subsequent private placement. What Happened: WeRide is …
Saudi Aramco seeks to deepen ties with China in petrochemicals and low-carbon solutions
Apart from supporting China’s long-term energy security, Aramco is eyeing investment opportunities in the downstream sector, Mohammed Al Qahtani says.
Luxury-goods brands fear their golden goose — China — has been grounded
With sales of high-end goods on the decline and future economic growth set to moderate further, luxury companies are gradually recognizing that China isn’t the golden goose it was once was.
‘Forced labor’: State AGs probe Chinese company Temu over ‘disturbing’ business practices
A group of Republican state attorneys general is demanding answers from the Chinese e-commerce company Temu, alleging “disturbing” business practices.
China’s economy is still stuck in low gear
China’s economy continues to face headwinds from a slowing real estate sector, with property investment down 10.8% year-over-year.
China’s export-hungry car companies flocking to Australia
says there are 119 companies in China making EVs alone. By contrast, Germany has six homegrown car brands and a few minnows, and Japan eight. The United States has its Big Three (GM, Ford and…
Avoid All Chinese Car Brands Except These 8
Chinese car brands are not widely recognized in the United States. However, several Chinese car brands have gained recognition for their quality and innovation. Some of these brands, like NIO, are …
Antimony prices gear up for new records on China export curbs
China’s decision to restrict exports of antimony from Sept. 15 is likely to drive prices of the metal used in ammunition and batteries to new records, as buyers seek more material to stockpile, …
Chinese tech giant Alibaba’s quarterly profit shrinks 29%
Chinese e-commerce giant Alibaba reported a 29 per cent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdow..
SM Group of the Philippines sees China as ‘formidable’ market force even amid uneasy ties
The mainland is still teeming with opportunities in the commercial property market, despite its recent economic struggles, says Franklin Gomez of SM Investments.
A Chinese Self-Driving Start-Up Is About to Go Public in the U.S.
WeRide, a $5 billion software maker, is set for an I.P.O. amid geopolitical risks and a rush by Chinese automotive tech firms to raise money in the United States.
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