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2023年3月9日小编

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Cheaper clothing pushes down UK inflation

Inflation fell in the year to February, driven by cheaper women's clothing.

Reeves to make fresh welfare cuts in Spring Statement

The chancellor is set to expand cuts to benefits after being told the reforms would save less than planned.

Faisal Islam: No tax rises and no return to austerity but will it last?

The Spring Statement is "not a Budget", but the chancellor is facing major tax and spending challenges.

India Is on a Hiring Binge That Trump’s Tariffs Can’t Stop

An abundance of motivated young professionals is luring American businesses to base their global operations in Indian cities.

'As a student, £800 a month is quite tight'

As the chancellor prepares to update her plans for the economy we hear how ordinary people are tackling their own financial challenges.

Chinese economist calls US trade war ‘negative-sum’ game at Boao Forum

Economists express worries over future of global trade amid the heightened tariffs and restrictive measures in Donald Trump’s second term.

Why These Islanders Hunt Dolphins

The residents of Fanalei Island, in the Solomon Islands, say the lucrative hunts will help them buy land elsewhere and move off their sinking home.

How Small Restaurants Are Dealing With Record Egg Prices

Mom-and-pop businesses are trying to adapt to the soaring cost of eggs. The owners of four egg-centric restaurants across the country show how they are coping with this threat to their livelihoods.

Trump to Impose Tariffs Against Countries That Buy Venezuelan Oil

The president plans to wield tariffs like financial sanctions, ordering that countries that buy Venezuelan oil have tariffs put on their exports to the United States.

Shanghai vows to cut red tape as China steps up foreign investment drive

China’s financial hub is putting in more effort to attract and retain overseas capital as economic, trade landscape grows more uncertain.

U.S. Adds Export Restrictions to More Chinese Tech Firms Over Security Concerns

The additions included companies that are customers of Intel and Nvidia, and one firm that was the focus of a New York Times investigation last year.

Everything you need to know about the Spring Statement

Chancellor Rachel Reeves will give more detail about the government's plans for the economy.

Frank Bisignano, Trump’s Pick to Lead Social Security Administration, Faces Senators

Frank Bisignano, who pledged to improve customer service, told Senate Democrats he had “never thought about” making the agency private.

Why China is betting on birth subsidies to solve its population crisis

China is betting big on birth subsidies to stave off a demographic crisis. But do cash payments really work?

Chinese bubble tea chain Chagee files for U.S. initial public offering

Chagee is planning to open its first U.S. store this spring in Los Angeles.

Federal housing agency will not cut Fannie Mae and Freddie Mac loan limits, new director says

The new director of the FHFA said he has no intention of shrinking the limit on loans bought and guaranteed by Fannie Mae and Freddie Mac.

Trump Trade Policies and Federal Cuts Shake Consumer Confidence

The level in the Conference Board’s latest monthly survey was the lowest since January 2021.

Who Is Jeffrey Goldberg, the Editor Mistakenly Added to the Signal Chat?

Mr. Goldberg, who was included on a private text thread discussing war plans, was a longtime national security reporter who became editor of The Atlantic in 2016.

Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs

Hyundai already makes cars in the United States, in Georgia and Alabama.

TikTok Ads Portray App as Force for Good as US Ban Looms

The popular video app, which could be banned in the United States next month if it is not sold to a non-Chinese owner, is portraying itself as a savior of Americans and a champion of small businesses in a new campaign.

Trump’s Crypto Venture Introduces a Stablecoin

World Liberty Financial, the crypto business created by President Trump and his sons, unveiled a cryptocurrency called a stablecoin, furthering his ties to an industry his administration regulates.

Oasis sale 'may have misled fans' says watchdog

CMA concerned that Ticketmaster may have breached consumer protection law for Oasis reunion tour.

A Car Reporter on Elon Musk and Tesla

Life has looked a little different for a New York Times journalist covering the U.S. auto industry — and the tech billionaire at its forefront.

FDA Approved Artificial Blood Vessel Despite Warnings

The agency OK’d an artificial vessel to restore blood flow in patients, even though its own scientists flagged questionable study results and potentially fatal ruptures of the product.

US plan to tax Chinese ships hits choppy waters as backlash intensifies

Shipping bodies urged US policymakers to scrap a controversial port-fee proposal during hearings in Washington.

Why Washington and Wall St Have Problems With Off-Channel Messaging

Revelations that President Trump’s inner circle discussed sensitive military details on Signal has jolted Washington. What comes next could also be closely watched by Wall Street.

Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout

U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release.

NewJeans Had Planned a Rebirth. The Performance Ended in Tears.

K-pop’s most imaginative group has been battling its powerhouse label. Our critic watched as its first concert in months was upended by a court ruling.

Cladding tax on new homes delayed for a year

The delay comes after developers warned the tax could hamper the government's housebuilding plans.

Samsung Electronics Executive Han Jong-Hee Dies at 63

Mr. Han was co-chief executive and oversaw the company’s consumer electronics business since 2021.

How the rich use insurance to invest in private credit without steep tax bills

Private credit is a hot asset class but comes with hefty income taxes. Top earners can save on tax with specific insurance policies known as PPVA and PPLI.

Lower Thames Crossing approved by government

The 14-mile (22.5km) road will link the A2 and M2 in Kent with the A13 and M25 in Essex.

Unaffected by EU’s tariffs on EVs, China’s hybrid-vehicle exports surge to bloc

With Brussels’ tariffs not a problem, China’s plug-in hybrid EVs have become the fastest-growing Chinese export item to the 27-nation bloc.

PBS and NPR Prepare for Showdown With Congress

Top executives from the public media networks are bracing for a hearing on Wednesday organized by Representative Marjorie Taylor Greene.

Trump’s Car Tariffs Worry Toyota and Japan’s Automakers

Japanese automakers, initially optimistic about some of President Trump’s policies, are reckoning with potentially devastating U.S. taxes on foreign-made cars.

Layoffs and Unemployment Grow Among College Graduates

The unemployment rate for college graduates has risen faster than for other workers over the past few years. How worried should they be?

Why Is Dining Alone So Difficult?

With solo reservations on the rise but many restaurants still restricting tables to two or more, solitary Americans often feel left out or stigmatized.

A Journey on South Africa’s Blue Train

On a trip from Cape Town to Pretoria, a reporter grapples with the whiplash of traveling through South Africa’s two worlds, from majestic mountains to struggling shantytowns.

For China’s private sector, Beijing’s long-sought decree seen as key to getting paid

Buyers will have 60 days to pay for cargo, projects or services after they are delivered, plus more supervision and a complaint platform.

How China is becoming an AI specialist in robocars and smart cities

While the US remains caught in a computational race, China’s competitive advantage lies not in any LLM model but in AI-embedded ecosystems.

China weeds out bad behaviour in quest to harvest farmers’ untapped solar power

The country’s energy regulator called for the ‘healthy and orderly’ growth of small-scale, distributed solar power and dissuaded monopolies.

Too many data centres? Some AI-linked bets risk creating a ‘speculative bubble’, Tsai says

‘People are talking literally about US$500 billion, several US$100 billion [projects]. I don’t think that is entirely necessary,’ Tsai says.

AI job application rise 'risks hiring incapable staff'

AI could allow job hunters to get work they are not "capable" of doing, a business owner says.

Bitcoin in the bush - the crypto mine in remote Zambia

Bitcoin miners will go to remote locations to take advantage of cheap electricity.

Hyundai unveils $21bn US expansion as Trump tariffs loom

The announcement comes as the US president is set to impose new tariffs on trading partners from 2 April.

U.S. Infrastructure Improves, but Cuts May Imperil Progress, Report Says

A report card from an engineering group found that American roads, ports and other infrastructure got better last year but could be hurt if federal funding is reduced.

China Releases Mintz Employees After 2-Year Detention

The release of the five employees, detained during a crackdown on foreign due diligence, comes as Beijing is trying to bring back overseas investment.

Chinese electric carmaker BYD sales beat Tesla

The Shenzhen-based firm says revenue for last year came in at $107bn, boosted by sales of its hybrid vehicles.

Trump factor only part of the equation for Chinese manufacturers, TCL chairman says

Li Dongsheng says setting up an electronics factory in the US does not offer a competitive advantage right now.

Social Security, Buffeted by Turmoil, Awaits a New Leader

The billionaire Elon Musk has become fixated on finding fraud inside the agency, which provides retirement, survivor and disability payments to 73 million Americans each month.

'I could lose £100K despite Woodford redress scheme'

People who lost savings from a collapsed investment fund say a redress scheme has let them down.

How do the Post Office compensation schemes work?

The government takes over the Overturned Convictions Scheme for victims of the Horizon scandal.

Pizza Hut franchisee accused of 'wage theft'

The Glenshire Group altered old timesheets and stopped petrol money, a grievance seen exclusively by the BBC claims.

Emboldened by Trump, A.I. Companies Lobby for Fewer Rules

After the president made A.I. dominance a top priority, tech companies changed course from a meeker approach under the Biden administration.

A U.S. Investor Helped Build Russia’s Economy. He Was Jailed on Bogus Charges.

As President Trump promotes renewed business ties with Russia, an American investor has a warning: Anyone there can become a pawn.

Trump Campaign Aide Chris LaCivita Sues The Daily Beast for Defamation

The lawsuit accuses the news site of knowingly publishing false information about how much Chris LaCivita, a Trump campaign manager, was paid by the campaign.

Trump threatens tariffs on buyers of Venezuelan oil

The president said he would impose "secondary" taxes but appeared to soften his stance on other tarrifs.

Trump Leads a ‘Machinery’ of Misinformation in Second Term

President Trump’s first four years in the White House were filled with falsehoods. Now he and those around him are using false claims to justify their policy changes.

US Exporters Vie to Shape Trump’s Reciprocal Tariffs Ahead of April 2

Makers of a vast array of American products are weighing the risks, and potential payoffs, of the sweeping tariffs the president has promised on April 2.

South Korea's Hyundai announces $21 billion U.S. investment

Hyundai is the latest major international conglomerate to announce investments ahead of Trump's April 2 tariff deadline.

Eli Lilly will soon release key data on its weight loss pill. Here's why it could be a game-changer

The trial results are critical, as it brings Eli Lilly's pill one step closer to becoming a new, needle-free alternative for weight loss and diabetes.

United Airlines Raises Price of Club Lounge Memberships

As airport lounges see increasing demand, United Airlines is changing how travelers can access its lounges, raising prices and cutting the amenities.

Heathrow closure deeply concerning, says PM

Sir Keir Starmer says he is 'deeply concerned' about the closure of Heathrow Airport as a result of a power cut caused by a fire on Friday.

United Airlines is raising annual fees for lounges and rewards credit cards. Here's what you need to know

United is raising annual fees on lounge memberships and credit cards

Morrisons to close 52 cafes and 17 convenience stores

The closures are expected to take place over the next few months, leaving hundreds of jobs at risk.

How to Talk to a Neurodiverse Colleague

Work Friend reconsiders a past response. Plus, the best way to correct people who get your name wrong.

In China, BMW bemoans EU tariffs, seeks compromise with policy changes

German carmaker is at the forefront of pending tariff talks between Brussels and Beijing.

Trump, Big Law, and an “Existential Crisis”

The president’s clash with some of the nation’s biggest law firms appears to be far from over, potentially splintering the legal community even further.

After China probe, is AstraZeneca’s new US$2.5 billion plan a blueprint for foreign firms?

British-Swedish drug maker has gone from Beijing’s scrutiny to its praise, hailed as a sign of doing business in China.

Pothole fixing progress by councils to be ranked

A red, amber and green rating system is being produced for English councils on pothole maintenance.

Decline of the US dollar as dominant global currency is inevitable: economists

The world is already moving towards a multicurrency system as financial technologies evolve and China pushes the yuan, economists say.

Why it suddenly feels like every fast-food restaurant has fun, flavored drinks

Wendy's, Taco Bell and Chick-fil-A are among the restaurant chains that are looking beyond fountain soda for their drink offerings.

23andMe Files for Bankruptcy and CEO Anne Wojcicki Steps Down

The company filed for Chapter 11 bankruptcy to “facilitate a sale process.” Its chief executive stepped down and said she would bid on it.

Netflix’s Reed Hastings Gives $50 Million to Bowdoin for A.I. Program

The Netflix co-founder said he wanted his alma mater to become a leader in studying the consequences, and guiding beneficial uses, of artificial intelligence.

Disney's Snow White film tops box office despite bad reviews

The film has taken an estimated $87.3m globally during its opening weekend, according to Box Office Mojo.

DNA testing site 23andMe files for bankruptcy protection

The company said that it will now attempt to sell itself under the supervision of a court.

U.S. Could Run Out of Cash by July, Analysis Finds

The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress does not lift or suspend the nation’s debt limit.

What tariffs? Another China GDP forecast rises on fast start, capital outlays

Morgan Stanley joins others in growing more bullish on China’s economy for the year, but US tariffs seen biting amid ‘supply-chain rewiring’.

Trump’s ‘retrograde’ policies towards Chinese solar mostly harm US, report finds

US trade and investment barriers will not halt Chinese solar industry’s rapid global expansion – but may put American manufacturing projects at risk.

What makes a rum Jamaican? Question at heart of Caribbean legal dispute

The dispute centres on whether it is acceptable to age and bottle the spirit overseas.

Disney’s ‘Snow White’ Has a Sleepy Box Office Start

The polarizing remake collected $43 million, a weak result compared with openings for similar Disney films.

Economist Michael Pettis on China’s consumption paradox and the pitfalls of a trade war

The professor of finance and author talks China’s economy and argues the US dollar’s monopoly role in trade is an ‘unsustainable’ anomaly.

DoorDash Announces ‘Buy Now, Pay Later’ Partnership With Klarna

DoorDash said the arrangement with the financial tech service Klarna would allow customers to defer payments on orders such as takeout from restaurants, makeup and electronics.

Who is Mark Carney, the political newcomer who hopes to stay Canada's PM?

The former banker may not have been elected to office before, but is now seeking a mandate from Canadians.

Musk’s SpaceX Could Secure Billions in New Contracts Under Trump

The boost in federal spending for SpaceX will come in part as a result of actions by President Trump and Elon Musk’s allies and employees who hold government positions. Supporters say he has the best technology.

George Foreman Turned a Home Grill Into a Culinary Heavyweight

The former boxer transformed American cooking, and himself, with an appliance that remains a cultural touchstone.

The Online Casinos That Can Operate as Long as They Say They Aren’t Actually Casinos

Policing loopholes in gambling law can be challenging, and most states have been slow to adapt.

UK mulls big tech tax changes to avoid US tariffs

Rachel Reeves says talks are "ongoing" about the Digital Services Tax, paid by giants like Amazon.

Reeves confirms 15% cut to Civil Service running costs

Savings will be from back office and administrative roles rather than front-line services, chancellor tells the BBC.

‘Sesame Street’ Faces Uncertain Future Amid Funding Cuts and Layoffs

Sesame Workshop, the nonprofit behind “Sesame Street,” is confronting what executives have described as a “perfect storm” of problems.

Investigation ordered into power outage that closed Heathrow

Energy Secretary Ed Miliband says there are lessons to be learned after substation fire led to major flight disruption on Friday.

Wasteful investments drain China’s economy, undermine government credibility: state media

Economic Daily commentary warns local authorities to avoid inefficient projects with little payoff as Beijing tries to boost domestic demand.

China is prepared for bigger than expected external shocks: Premier Li Qiang

Li says Beijing will roll out measures to ensure the smooth operation of the economy, if needed.

‘Hope on the Stage’: China, South Korea move closer amid Trump tariffs

The US’ tariff threats have raised hopes in Beijing that it can convince Seoul to move forward with an ambitious new trade deal.

China’s economic successes are reshaping the Western media narrative

Beijing’s economic strategy, technological prowess and climate policies are prompting a reassessment of the country’s media profile.

Netflix’s ‘Electric State’ Is No Hit, but the Streamer Doesn’t Mind

The film’s struggles have elicited no more than a shrug inside the company, demonstrating how different Netflix is from traditional studios.

Chomps Recalls Beef and Turkey Sticks Over ‘Pieces of Metal’ Complaints

The snack sticks included in the recall were packaged at a single facility in Idaho from Jan. 16 through Jan. 23, the company said.

Paul Weiss Deal With Trump Faces Backlash From Legal Profession

Paul Weiss, a law firm targeted by President Trump, reached a deal to settle a conflict. Many in the legal field are condemning the agreement.

Zepbound copycats remain online despite FDA ban

Copycat versions of Eli Lilly's diabetes drug Mounjaro and obesity drug Zepbound were supposed to go away this week. They're still available on some websites.

A Montana Senator Seeks to Be Trump’s Voice in Beijing

Senator Steve Daines said in an interview that in meetings with Chinese officials, he called for talks between President Trump and China’s leader, Xi Jinping.

The Nonprofit Caught in the Fray of Trump’s Attacks on Big Law

A federal inquiry into D.E.I. practices at 20 law firms zeroed in on SEO, a decades-old program that helps students land jobs on Wall Street.

Take a look inside French luxury retailer Printemps' first U.S. store

Printemps opened a 55,000-square-foot store in New York City with luxury brands and food concepts, including a restaurant and a café with French pastries.

Flights Resume at Heathrow After Substation Fire Shut Down Airport

The blaze forced Britain’s largest airport to cancel or divert more than 1,000 flights on Friday and removed a linchpin of global air travel. Counterterrorism police were investigating the cause of the fire.

How an Autopen Conspiracy Theory About Biden Went Viral

A specious theory on pardons had help from the conservative Heritage Foundation before President Trump and right-wing influencers amplified it.

Is Spring Break in Houston a #RecessionIndicator?

As experts look to unemployment or G.D.P., people online are turning to pop culture moments (like Will Smith’s new album or a new “Ted Lasso” season) as signs of economic instability.

China’s hottest new show is a Sichuan-dialect micro drama set in the 1980s

My Sweet Home has achieved phenomenal success by moving beyond the trashy tropes of China’s booming micro drama industry.

Rachel Reeves: I will not 'tax and spend'

In an interview with the BBC's Laura Kuenssberg, the chancellor opened up on the public finances and how she's finding the job.

London’s Heathrow Airport resumes flights after major fire nearby shuts down travel

London's Heathrow Airport closed on Friday after a fire at a nearby electrical substation caused a power outage, airport officials said.

Obamacare Could See Big Changes in 2026

A proposed rule would restrict “eligibility, enrollment and affordability” in plans under the Affordable Care Act, health policy analysts say.

Chinese entrepreneurs’ philanthropy helps lure world-class scholars

Fuyao University of Science and Technology, which began enrolling students this year, trumpets faculty’s international credentials.

It’s a family affair: inside Hong Kong’s quest to lure the world’s wealthiest clans

Two years ago, the government unveiled eight measures with the aim of attracting affluent families so they could set up family offices.

Paul Weiss Chair Says Deal With Trump Adheres to Firm’s Principles

In an email message, the law firm’s chairman, Brad Karp, reassured employees that its deal with President Trump was in keeping with its principles.

Inside Teen Vogue’s Interview With Vivian Wilson, Elon Musk’s Daughter

Teen Vogue’s rollicking Q&A with Vivian Wilson offered insight into her life, her interests and her feelings about her famous father.

Trump Attacks Reporting on Musk War Plans Meeting

A planned Pentagon briefing, in which Elon Musk would learn military plans for any potential war with China, did not go forward after reports in The New York Times and The Wall Street Journal.

Trump Cleaves Student Loan and Special Education Services From Education Dept.

President Trump said Friday that he was tasking other government entities with core functions of the Education Department as he moves to dismantle an agency conservatives have long criticized.

Robert Denham, Lawyer Who Steered Companies Through Crises, Dies at 79

Among his rescues was teaming up with Warren Buffett to keep the investment bank Salomon Brothers afloat amid a bid-rigging scandal in the 1990s.

Heathrow Shutdown Shows How Airline and Airport Chaos Can Quickly Spiral

When crises occur, airline network operation centers go into overdrive, but managing the response is a delicate balance.

How did a single fire bring down Europe's busiest airport?

Questions have been raised over what caused the outage and why back-up systems failed?

Tariff fears are raising construction costs by up to 20%, says Related Group CEO

Related said the high end of the real estate market remains strong, especially in Florida.

How Blueprint Founder Bryan Johnson Sought Control Via Confidentiality Agreements

That control is starting to fray as Mr. Johnson, a longevity guru known for performing experiments on his body, faces a backlash over the agreements.

Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence

Nike is trying to execute a turnaround under new CEO Elliott Hill.

Comac ramps up challenge to Boeing and Airbus with plans to boost C919 production capacity

Leading Chinese aircraft manufacturer aims to be able to produce 200 narrowbody jets a year by 2029, conference told.

The Pentagon Draws Back the Curtains for Musk

The billionaire was set to be briefed on the military’s closely guarded playbooks on China, raising new questions about his power and access.

China is building new ships at record pace to turbocharge its car exports

Shipyards are rolling out huge vessels capable of carrying 8,600 cars as China’s auto industry seeks to accelerate its global expansion.

More women are leading investments for the likes of Lukas Walton and Len Blavatnik

Meet the female CIOs who run portfolios for the likes of Len Blavatnik and Lukas Walton and their families

Xpeng sets up first self-branded EV supercharging station in Hong Kong

Fierce competition among auto manufacturers is extending to charging technologies.

China’s premier tells foreign trade enterprises to be ready to ‘combat storms’

Premier Li Qiang also pledges more government support for private sector during inspection tour of Fujian province.

China mathematicians crack century-old puzzle, BlackRock in spotlight: SCMP’s 7 highlights

From Chinese satellites being seen ‘dogfighting’ to a clash during Ramadan in Malaysia, here are highlights from SCMP’s recent reporting.

The slow but steady advance of driverless vehicles

Robo-taxi services and driverless trucks are gaining ground but progress is painstaking.

Indonesia’s vast durian industry is poised to begin exports to China

Indonesia’s huge fruit industry is preparing to begin exporting durians to China, threatening the dominance of Thai and Vietnamese growers.

Why Elon Musk's Grok is kicking up a storm in India

The chatbot has become an "unfiltered and unhinged" digital sensation in India.

Darden Restaurants sales disappoint, but Olive Garden parent sees consumers continuing to spend

Olive Garden and LongHorn Steakhouse reported weaker-than-expected same-store sales growth in Darden's latest quarter.

February home resales jump much more than expected, despite higher mortgage rates

The median price of a home sold in February was $398,400, up 3.8% from the same time last year.

Edible Arrangements' parent company is launching a marketplace for the other kind of edibles

Edible Brands is launching Edibles.com, an e-commerce marketplace for hemp drinks and gummies.

Boston Celtics sold for $6.1 billion to group led by private equity executive Bill Chisholm

A group led by private equity executive Bill Chisholm is buying the NBA's Boston Celtics for $6.1 billion.

NBA may bring back iconic highlight show 'NBA Inside Stuff'

The NBA has filed a trademark application for "NBA Inside Stuff," with intent to bring the popular show back.

How new professional sports leagues like SailGP are putting women at the fore

SailGP, the international racing league, requires each team to have at least one female athlete onboard during races.

Humanoid robot war heats up as US and China race towards mass production

From ‘kung fu bots’ to new production lines, the race to mass produce humanlike robots is accelerating on both sides of the Pacific.

Peking University experts see fresh hope for China’s economy, but deflation risks persist

Technological innovation in manufacturing sector and advance of AI look set to boost productivity.

China’s finance ministry to issue sovereign green bonds in London

Move was first flagged at UK-China Economic and Financial Dialogue in January.

What’s behind the pro-Beijing camp’s criticism of the Panama ports deal?

The backlash against Hutchison’s ports sell-off is designed to send a message to other Chinese firms with overseas assets, analysts say.

Will Trump's tariff war spark big-bang reforms in India?

Could this be a chance for the world’s fifth-largest economy to shed protectionism and open up further?

Boeing shares jump after CFO gives upbeat outlook, says cash burn is easing

Boeing's cash burn is easing this quarter and its factories are improving, the aerospace giant's CFO Brian West's said.

Auto suppliers face more dire circumstances than automakers amid Trump tariffs

Auto suppliers face more dire circumstances than automakers over President Donald Trump's tariffs, but their problems could quickly impact the broader industry.

EU moves to curb steel imports to protect military industrial base from China overcapacity

Facing duel threats from Washington and Beijing, European Commission wants measures meant to build security into its economic policies.

Nvidia, GM announce deal for AI, factories and next-gen vehicles

GM and Nvidia have inked new deals that include the carmaker utilizing several AI services from the tech giant for its vehicles, ADAS and factories.

Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS

Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station.

Xpeng says robotics industry will get bigger than automotive sector in the next few years

Xpeng plans to mass produce humanoid robots and flying cars for the consumer market by the end of next year.

Chinese tech hub Shenzhen sees exports slump over 16% as trade war fears rise

Analysts are divided over the causes of the sharp slowdown in Shenzhen, one of China’s most important trade hubs.

China needs ‘more significant’ stimulus to crush deflation fears: economist

The recent growth plans outlined by Beijing will not be enough to change the narrative on China’s economic trajectory, expert warns.

China’s Xi Jinping calls for economic transition on Guizhou visit

On his first inspection tour since the national legislative session, China’s president said the relatively underdeveloped province should build ties with other regions.

Shanghai’s new plan to lure foreign tourists: mega-events and Peppa Pig

The Chinese city has outlined a three-year strategy to boost inbound tourism that aims to move beyond its historic landmarks.

SAFE unit is hiring in Hong Kong to manage a third of China’s US$3.2 trillion reserves

The firm is seeking trainees for fundamental research and systematic trading, according to a posting on HKCampusRecruitment.

Watch NASA astronauts return to Earth on SpaceX capsule after months on the ISS

NASA astronauts Butch Wilmore and Suni Williams are set to splash down on Earth on Tuesday evening after spending more than nine months in space.

80 global executives to gather in Beijing for key annual summit

The attendees include leaders of more than a dozen US corporations, including Apple CEO Tim Cook.

What was unsaid at China’s ‘two sessions’ and why it matters

Having recognised the limits of its economic model, Beijing is attempting a recalibration that will be highly consequential for its competition with the US.

Taco Bell parent Yum Brands partners with Nvidia to speed up its use of AI

Yum Brands and Nvidia are teaming up to bring artificial intelligence to Taco Bell, Pizza Hut and KFC restaurants.

Frontier Airlines offers free checked bags promotion in swipe at Southwest

Budget carrier Frontier Airlines is offering free checked luggage and economy bundles that come with seat assignments and carry-on bags.

Will a Trump-Xi summit make headway on trade? Analysts are doubtful

Even if a meeting between Chinese and US leaders takes place, analysts said numerous factors would reduce the likelihood of a sweeping trade deal.

Cadillac expects one of every three vehicle sales to be EVs in 2025

Cadillac expects up to 35% of its U.S. sales this year to be EVs, as it continues to expand its lineup despite industrywide slower-than-expected adoption.

Chinese economist calls for bold action to fill climate leadership vacuum

Former central bank official says China can take up position abdicated by US if it adopts a strategy of mutual benefit in climate policy.

As US tariffs bite, China helps its exporters pivot to a new market – China

Beijing aims to help its vast export sector ride out the trade war by working with firms to expand their domestic sales.

Subsea fibre cables can 'listen out' for sabotage

Ways are being developed for subsea cables to "sense" whether they are being disturbed or attacked.

China debuts economic data on service robots as humanoid industry grows

Service robots outperformed industrial robots in both growth and output in January and February, according to the statistics bureau.

Chinese economists call for wider social safety net to nurture consumption

With trade becoming a less reliable source of growth, Chinese academics have recommended demand-side measures to spur domestic spending.

Will AI and robots drive China’s next consumer spending spree?

China is seeking the next ‘big items’ to encourage consumers to open their wallets. Technology looks to be a key.

Trump’s tariffs will slow China’s economy and impede global trade, OECD forecasts

Chinese economy is seen to grow 4.8 per cent this year, with any decline in demand felt across multiple industries and regions.

China knows economic challenges lie ahead. Is it ready for them?

Beijing has withstood external pressures for decades but without strong domestic demand, those pressures are increasingly harder to surmount.

Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise

Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de minimis exemption, a trade law loophole.

PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion

Poppi's founders Allison and Stephen Ellsworth launched the brand back in 2018.

'I'm a little angry': Canadian firms boycott US products

Canadian firms say there is a need for more homegrown production after tariffs imposed by the US sparked a trade war.

Car sharing switches to electric to boost appeal

Car sharing has not taken off, but will electric cars boost its appeal?

US tech firms feel pinch from China tariffs

The price of China-made smartphones, TVs and laptops could rise in the US and elsewhere, experts warn.

Why people are cutting back their online profile

A new wave of AI has spurred some to think more carefully about their online presence.

Luxury lounges: Credit card perks 'we are all paying for'

Why credit card providers are opening lavish customer lounges in airports and cities.

'We don't need a Gail's' - the coffee shop boom dividing locals

The controversial cafe chain is expanding outside London but locals often have mixed feelings.

Sweden is 'no longer a country that cannot be trusted'

Sweden and Finland's defence sectors are benefiting from their countries joining Nato.

Why detecting methane is difficult but crucial work

From handheld to space-based, new methane detectors are making it easier to track the greenhouse gas.

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