China’s Olympic champion skier Eileen Gu has been plunged into controversy after a video emerged of her being “intimate” in a Paris nightclub with a French swimmer accused of disrespecting a Chinese …
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China’s Hengli Group Said to Plan Hong Kong IPO of Shipbuilding Unit
China’s Hengli Group is considering a Hong Kong initial public offering for its shipbuilding unit, according to people familiar with the matter.
Commodity Roundup: China’s July oil imports down 3% Y/Y; LME copper stockpiles surge
Supply fears kept oil prices in the green, even as Chinese trade data showed that July daily crude oil imports fell to the lowest level since September 2022. China’s crude oil imports continued to …
Key China energy indicators to track for the rest of 2024
Slower consumption in China spurred the Organization of the Petroleum Exporting Countries (OPEC) to cut estimates for global oil demand growth this week, highlighting the vital role that the world’s …
Chinese shoppers’ infatuation with Japanese brands is wearing thin
Japanese health and beauty products, once seen as the gold standard for safety and quality in China, are starting to lose their lustre in the world’s largest consumer market.
Philippine Business Buoys Jollibee Profit as China Pain Persists
Jollibee Foods Corp.’s Philippine businesses boosted the fast-food chain’s second-quarter profit, even as it struggled with its operation in China.
DBS launches treasury tokens with Ant International for cross-border liquidity management
The project on DBS’ blockchain will enable Ant International to use the digital token to achieve instant, multicurrency treasury management across multiple markets DBS, Singapore’s largest banking …
Self-driving company WeRide on track for US IPO
WeRide, based in Guangzhou in South China’s Guangdong province, plans to offer 6.45 million American depositary shares, or ADS, at a price range of $15.50 to $18.50 in its upcoming initial public …
Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion
New leases by mainland-based brands more than doubled in the first seven months of the year, according to JLL Mainland Chinese brands have been the most aggressive non-local entrants into the Hong …
Japan’s business sentiment in Aug slips on China’s slowdown: Reuters poll
Japanese manufacturers turned slightly less confident about business conditions in August and the service sector’s mood eased, the monthly Reuters Tankan survey found on Wednesday, as lacklustre …
Former Army soldier pleads guilty to all charges after selling national defense secrets to China
An Army intelligence officer has pleaded guilty to all charges related to selling national security details to the Chinese government totaling more than $40,000.
Chinese Shoppers’ Infatuation With Japan Brands Is Wearing Thin
Japanese health and beauty products, once seen as the gold standard for safety and quality in China, are starting to lose their luster in the world’s largest consumer market.
US Army intelligence analyst pleads guilty to selling military secrets to China
A U.S. Army intelligence analyst on Tuesday pleaded guilty to charges of conspiring to sell military secrets to China, the Department of Justice said.