The U.S. Defense Department removed lidar maker Hesai Group from a list of companies allegedly working with Beijing’s military, but will immediately relist the China-based firm, according to a court …
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Dollar hovers near 11-week high, eyes on China property briefing
The dollar held near an 11-week high on Thursday as uncertainty over the upcoming U.S. election looms and as resilience in the U.S. economy added to bets the Federal Reserve will be less aggressive in…
Pentagon Removes Lidar Maker Hesai From US List of Firms Alleged to Help Beijing’s Military
WASHINGTON (Reuters) – The U.S. Defense Department removed China-based lidar maker Hesai Group from a list of companies allegedly working with Beijing’s military, according to a letter sent to …
China buys fewer peas
Pea imports are way down so far this year in one of Canada’s top markets. China bought 657,000 tonnes of the crop during the first half of the …
China and Thailand begin latest joint military drills as Beijing boosts defence ties
China and Thailand emphasised counterterrorism operations as their militaries kicked off an 11-day joint training exercise in the Chinese city of Kunming on Tuesday, with drills that feature …
‘China is our enemy’: GOP lawmaker shoots down Chinese spy balloon in new ad
It’s a callback to when a suspected Chinese spy balloon entered U.S. airspace and subsequently floated across multiple states, at a level low enough to be seen with the naked eye, before being shot …
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH’s commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth in recent years.
China’s stock-market pullback offers ‘secondary entry point’: BTIG’s Krinsky
Investors in exchange-traded funds tracking China stocks may be feeling some motion sickness after the country’s stock market rocketed higher late last month in the wake of fresh stimulus measures and …
China Resources Beverage Seeks Up to $649 Million in Hong Kong IPO
China Resources Beverage Holdings Co. is seeking to raise as much as $649 million in its Hong Kong initial public offering, one of the city’s largest listings this year.
China keeps adding countries to its visa-free list
In 2023, the country first started testing a trial visa-free policy in which citizens of European countries such as Austria, Belgium, France, Germany, Hungary, Ireland, Italy, Luxembourg, the …
China Resources Beverage prices IPO with plan to raise circa $608m
China Resources Beverage plans to raise more than $600m from a listing in Hong Kong as the soft drinks maker kicked off its IPO. The offer began yesterday (15 October) for the issuance of about…
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking back up by the afternoon.
EXCLUSIVE: RéVive Skincare Acquired By China-based Conglomerate S’Young Group
The brand, founded by Dr. Gregory Brown in 1997, has changed hands seven years after Tengram Capital Partners acquired it from Shiseido.