China's small and medium-sized factories post surprise growth, easing market anxiety
A key gauge of China's small- and medium-sized factories showed their surprise return to expansion last month, which eased market anxiety about growth stalling in the world's second largest economy.
2023-06-01 13:53
Chinese star banker Bao Fan detained by country's top anti-graft body, state media says
One of China's top tech bankers, who went missing in February, has been in the custody of the country's top anti-graft watchdog since his disappearance and has had his detention extended, according to a state media report.
2023-06-01 13:45
Elon Musk is once again the world's richest man
Elon Musk has reclaimed his position as the world's wealthiest person.
2023-06-01 10:27
From Elon Musk to Jamie Dimon, CEOs flock to China as risks to trade and investment rise
The CEOs of some of America's biggest companies are in China this week to take the pulse of one of their top markets after the country reopened following nearly three years of pandemic restrictions.
2023-05-31 17:58
US sanctions Chinese and Mexican firms over fentanyl making equipment
The United State sanctioned more than a dozen Chinese and Mexican companies on Tuesday, accusing them of shipping or selling equipment that make counterfeit pills, as it cracks down on imports of illegal fentanyl that fuels America's deadly opioid epidemic.
2023-05-31 13:48
China's factory production hits lowest level since the end of zero-Covid policy
Factory activity in China slumped to its weakest level since the country ended its zero-Covid policy in December, as its economic recovery continues to lose steam.
2023-05-31 10:16
China urges Japan to end curbs on chip exports
China's commerce minister has urged Japan to end its newly announced curbs on exports of chipmaking equipment, saying it would hurt economic and trade relations between the two countries.
2023-05-30 12:26
Wuhan is pressing hundreds of Chinese firms to repay their debts in rare public warning
Wuhan, the largest city in central China, has publicly demanded that hundreds of local companies repay their debts, in an extremely rare move that highlights the dire financial situation facing many of the country's municipal governments amid economic uncertainty.
2023-05-29 17:19
Private jets get a bad rap. This company is trying to make them greener
Private aviation company Jetex is deploying sustainable aviation fuels, and making its terminals more sustainable.
2023-05-29 16:16
Asian shares rise as investors cheer US debt ceiling agreement
Asian stocks mostly rose on Monday as investors cheered an agreement in principle between the White House and House Republicans to raise the US debt ceiling that could avert a cataclysmic default.
2023-05-29 11:50
Too few jobs, too many workers and 'no plan B': The time bomb hidden in India's 'economic miracle'
For young Indians, there's a flip side to the so-called economic miracle: too few jobs and too much competition.
2023-05-28 07:53
Shein is about to return to India in a big way
Shein is plotting a major comeback in India, nearly three years after it was booted out of the country.
2023-05-26 17:48