Shiseido Co. slashed its profit outlook for the year as the Japanese cosmetics giant reported a plunge in net income amid a persistent slump in the key Chinese market.
Tagged By business
Trade, Taiwan and now Trump: China braces for a volatile new era in U.S. ties
One person it may turn to for help is tech billionaire Elon Musk, a devoted Trump supporter with extensive business interests in China who is wildly popular there. “The Chinese are hoping that he will…
Volkswagen vs. China’s state-backed EVs: A battle for survival in the world’s largest market
From price wars to political hurdles, Volkswagen faces a myriad of challenges in China’s rapidly evolving EV market.
China’s trade data for October shows a jump in exports
China’s trade surplus jumped to $95.27B in October 2024 from $56.13B in the same period a year earlier, surpassing expectations of $75.1B. It was the largest trade surplus since June, mainly due to a jump…
China’s Commodities Imports Resilient as Markets Eye Stimulus
Chinese raw materials imports mostly rose year-on-year in October, according to customs data released Thursday, as demand remained resilient despite a slowing economy.
Trump win casts fresh doubts over Wall Street’s China strategy
As a result of Trump’s return to the White House, the firm now focuses on making its China business a “self-sustained” independent operating unit, said the executive, declining to be named due to the …
China Export Growth Jumps to 27-Month High as Tariff Risks Loom
China’s export growth surged in October to the fastest since July 2022, extending a months-long boost to the economy that may be jeopardized by Donald Trump’s election and his tariff threats.Most Read …
China’s October iron ore imports stay elevated on improved steel margins
BEIJING (Reuters) -China’s iron ore imports in October climbed by 4.48% from the prior year, official data showed on Thursday, as steelmakers’ margins improved thanks to Beijing’s massive economic …
China’s Oct exports soar past forecast as trade war with West looms
BEIJING (Reuters) – China’s outbound shipments grew at the fastest pace in over two years in October as manufacturers rushed inventory to major export markets in anticipation of further tariffs from the U.S. and the…
China’s Oct exports soar past forecast as trade war with West looms
BEIJING (Reuters) – China’s outbound shipments grew at the fastest pace in over two years in October as manufacturers rushed inventory to major export markets in anticipation of further tariffs from the U.S. and the…
Burger King parent Restaurant Brands misses sales estimates on muted demand
Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China and the Middle East.
China’s exports grew 12.7% in October in fastest pace in over two years
China has reported its exports rose 12.7% in October from a year earlier, the fastest growth in more than two years.
Exclusive: Boeing, Airbus to share Taiwan’s China Airlines passenger jet order, sources say
Taiwan’s China Airlines is nearing a decision to split a multi-billion-dollar order for long-distance passenger jets between Airbus and Boeing, while an order for freighters hangs in the balance, …
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