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China bubble tea chain plunges in Hong Kong debut

Chabaidao's market debut was the Asian financial hub's largest initial public offering so far this year.

Slide Over, Auntie: Young Chinese Find Tasty Meals in Senior Canteens

The community canteens, offering huge plates for a dollar or two, have become popular among penny-pinching young professionals.

General Motors is set to report earnings before the bell. Here's what Wall Street expects

Wall Street expects GM to report solid results for the first quarter, with vehicle pricing remaining higher than anticipated.

Australia PM calls Elon Musk an 'arrogant billionaire'

Anthony Albanese's comments come amid a feud over X's reluctance to remove footage of a stabbing.

US watchdog sues to block $8.5bn handbag takeover

The US competition watchdog has taken legal action to stop Tapestry's merger with rival Capri.

Canton Fair: overseas buyers pour in, leaving Chinese exporters to ask ‘why so many foreigners?’

Foreign buyers have returned to China’s largest trade exhibition, drawn by the array of new energy vehicles and other green products on offer at the Canton Fair.

FTC Sues to Block $8.5 Billion Tapestry-Capri Merger

The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.

Golden Visa Programs, Once a Boon, Lose Their Luster

Spain is the latest European country to end its program, which brought in billions of euros from real estate investors seeking residency status but worsened a housing crisis for locals.

FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings

The FTC argued the combination of Tapesty and Capri would hurt consumers and workers.

TikTok Faces E.U. Inquiry Over ‘Addictive’ Features

European officials threatened to fine TikTok and force it to remove some features, the latest regulatory challenge for the Chinese-owned social media app.

Express files for bankruptcy, plans to close nearly 100 stores as investor group looks to save the brand

Longtime mall retailer Express filed for bankruptcy and plans to close nearly 100 stores as an investor group looks to save it from extinction.

Nina Jankowicz Forms New Group to Defend Disinformation Research

The group intends to fight what its leader, Nina Jankowicz, and others have described as a coordinated campaign by conservatives and their allies to undermine researchers who study disinformation.

Phyllis Pressman, Luxury Superstore Matriarch, Is Dead at 95

She started working at Barneys to be closer to her husband. Then, she became the architect of the Chelsea Passage, the home goods bazaar that helped make it an enticing destination.

Boeing expects slower production increase of 787 Dreamliner because of parts shortages

Boeing reports quarterly results before the market opens on Wednesday.

The Fight to Fend Off Bird Flu With Lasers and Inflatable Dancers

Some poultry growers are turning to innovative tactics to protect their flocks, deploying deterrents like drones, air horns, balloons and decoy predators.

What investors should know about the UAW's organizing drive of VW

The historic vote could have wide-ranging impacts on other automakers, organized labor and the overall U.S. automotive industry.

States Move to Ban Deepfake Nudes to Fight Sexually Explicit Images of Minors

Legislators in two dozen states are working on bills, or have passed laws, to combat A.I.-generated sexually explicit images of minors.

Smart motorways: How safe are they?

BBC Panorama finds the technology behind England’s smart motorways stops working on a regular basis.

Rail strikes announced for May Bank Holiday week

Train drivers will stage walks-out between 7 and 9 May while overtime bans will disrupt services.

How Cable News Covered Day 1 of Trump’s Criminal Trial

TV networks began the challenging assignment on Monday of covering former President Trump’s trial without the luxury of cameras inside the courtroom.

Martin Wygod, a Winner on Wall Street and the Racetrack, Dies at 84

After he made a fortune selling prescription drugs and providing medical information online, he and his wife became leading breeders of thoroughbred horses.

Luxury real estate prices just hit an all-time record

Luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin.

Meet the private doctor to the wealthy — at $40,000 a year

The rise of family office-style medical practices reflects the surge in wealth and growing demand for hyper-personalized, data-driven health care.

Disney technology executive Aaron LaBerge to leave company for personal reasons

Disney Entertainment CTO Aaron LaBerge is leaving the company for personal reasons, according to a company memo. A search for his replacement is underway.

AI-Generated Child Sexual Abuse Material May Overwhelm Tip Line

A report by Stanford researchers cautions that the National Center for Missing and Exploited Children doesn’t have the resources to help fight the new epidemic.

Everton Seeks Alternative Buyer as Deal With 777 Partners Falters

With a proposed sale stalled seven months after it was announced, a financially strapped Premier League team is pursuing a backup plan.

Bird Flu Is Infecting More Mammals. What Does That Mean for Us?

H5N1, an avian flu virus, has killed tens of thousands of marine mammals, and infiltrated American livestock for the first time. Scientists are working quickly to assess how it is evolving and how much of a risk it poses to humans.

FIFA Said to Be Close to TV Deal With Apple for New Tournament

The agreement would give the tech company worldwide rights for a monthlong World Cup-style competition between top teams set to take place next year.

NI postmasters to have names cleared under new law

The bill will quash convictions brought about by the scandal, with those affected offered £600k.

FTSE 100 stock index closes at new all-time high

A weak pound and hopes of easing tensions in the Middle East drive up the UK's top stock index.

Homeowner pain as major banks lift mortgage rates

Lenders respond over views the Bank of England may not cut interest rates as quickly as forecast.

Delta Air Lines gives staff another 5% raise, hikes starting wages to $19 an hour

Delta is the country's most profitable airline and has repeatedly lifted staff pay.

Ex-JetBlue CEO Robin Hayes to run Airbus North America

The recently departed CEO will be managing relationships with customers in North America, including his former airline and Spirit.

Tesla Will Recall Cybertruck in Latest Setback

A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023, could become stuck, increasing the risk of accidents.

China’s campaign to win investment wavers as overseas capital plays waiting game

Despite its attempts to woo back foreign investment, China has yet to see a hoped-for return of overseas capital as enterprises express hesitation to jump back into the fray.

Can the WNBA Make Money?

A wave of star power has lifted hopes that viewership will pick up for the women’s league.

How Can Elon Musk Reassure Tesla Investors?

The electric vehicle maker has announced price cuts and a Cybertruck recall ahead of Tuesday’s pivotal earnings report.

First-time buyers face toughest test for 70 years

First-time buyers depend on two high incomes or parental support, the Building Societies Association says.

Thames Water makes bid to lift bills by up to 44%

The troubled water firm pledges to invest more in the environment ahead of a key meeting with Ofwat.

Grindr sued for allegedly revealing users' HIV status

The LGBTQ+ dating app is being sued in a class action lawsuit over allegedly misusing users' data.

Plane refuelling staff to walk out at Heathrow

Workers employed by AFS Aviation plan to walk out for 72 hours over the early May bank holiday.

For Sale: A Rare Klimt Portrait, Valued at $32 Million. But of Whom?

The painting’s re-emergence after decades has come with a swirl of questions about its subject, one of three related teenage girls.

Is Online Shopping Bad for the Planet?

In theory, getting deliveries can be more efficient than driving to the store. But you may still want to think before you add to cart.

Tesla’s closest Chinese rival, Li Auto, slashes prices as EV discount war spreads to premium market

Li Auto , Tesla’s nearest rival in mainland China, reduced the price of all its vehicles by up to 5.7 per cent, just a day after the US carmaker offered discounts to local customers amid an escalating discount war.

China’s Pinduoduo Has Reshaped Discount Shopping

Pinduoduo appeals to people seeking deals and “downgraded spending,” as consumer purchasing in China has slowed recently amid economic rockiness.

How can China remedy deflation risks without ditching long-held economic strategy?

Beijing’s prudent monetary moves and an emphasis on restructuring local government debt have sparked debate over how long it will take policymakers to ‘walk it off’.

Tesla cuts prices in major markets as sales fall

The move comes after the firm reported a sharp fall in deliveries in the first three months of 2024.

‘Aging in Place, or Stuck in Place?’

Homeownership is not the boon to older Americans that it once was.

Can touchless tech create 'equitable' gaming?

Click reporter Paul Carter has a go at playing Minecraft with his eyes.

How Chinese firms are using Mexico as a backdoor to the US

Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.

Denny Walsh, Reporter Who Tussled With Mayors and Editors, Dies at 88

He won a Pulitzer Prize for investigative reporting in 1969 and later joined The New York Times, which eventually fired him.

One Potential Key to Knicks’ Season: Friendship

Jalen Brunson, Josh Hart and Donte DiVincenzo have been buddies since college, a situation that those who study the workplace say can foster success.

Prepayment meter payout numbers 'unacceptable'

Just 1,500 out of 150,000 people have received redress after the force-fitting of prepayment meters.

Americans’ New TV Habit: Subscribe. Watch. Cancel. Repeat.

Many more people are jumping from one streaming subscription to another, a behavior that could have big implications for the entertainment industry.

After NBA Bans Jontay Porter for Gambling, Some See Glimpse of Sports’ Future

The N.B.A. banned a player for life for betting on games, a practice some worry could become more prevalent with the rise of wagering on sports.

TikTok warns US ban would 'trample free speech'

The US House of Representatives voted on Saturday to ban the app if TikTok's owner does not cut China ties.

China trade body vows legal action over ‘unreasonable’ US Section 301 probe into Chinese shipbuilders, maritime firms

China’s trade promotion body CCPIT calls move ‘discriminatory’, blames ‘lack of competitiveness’ for US shipping industry downturn.

Vape firm claims it will survive UK disposable ban

Elfbar-maker will "pivot" to reusable vapes, says distributor, but critics say it is exploiting a loophole.

Cricket, a big business in India, brings star power to the U.S. with the country's first world cup

A cricket world cup is arriving in the U.S. for the first time as the country explores its future with the sport.

Saturday Mornings With the ‘Voice of Problem Gambling,’ Craig Carton

Craig Carton, the bombastic sports broadcaster, shows a different side on a weekly show that focuses on the stories of gambling addicts like himself.

China’s king-of-the-hill status shaky as offshore exploration diversifies rare earth supply chain

With more countries searching for – and finding – stores of rare earth minerals, China’s former near-monopolist role in the trade of the metals is gradually being eroded.

Shining example: how China is propelling gold’s record-breaking rally

Wars in the Middle East and Ukraine, and continuing lower US interest rates have burnished gold’s billing as an investment, but it is the unrelenting Chinese demand that is juicing the rally.

Look, no hands! My trip on Seoul's self-driving bus

A technology company has been testing autonomous buses on the streets of the South Korean capital.

CNN’s Coverage of Man Who Set Himself on Fire Shows Challenges of Live News

There was both praise and criticism of the legal analyst and anchor, Laura Coates, and the network’s split-second decision to show the graphic footage.

Scientists Fault Federal Response to Bird Flu Outbreaks on Dairy Farms

Officials have shared little information, saying the outbreak was limited. But asymptomatic cows in North Carolina have changed the assessment.

Dubai airlines resume full schedule after flooding chaos

Emirates airline has apologised for the disruption, saying its response was far from "perfect".

Inside Novo Nordisk, the Company Behind Ozempic and Wegovy

Novo Nordisk’s factories work nonstop turning out Ozempic and Wegovy, its blockbuster weight-loss drugs, but the Danish company has far bigger ambitions.

Could the Union Victory at VW Set Off a Wave?

Some experts say the outcome at a plant in Chattanooga, Tenn., may be organized labor’s most significant advance in decades. But the road could get rockier.

Frederick Celani, Who Made a Career as a Con Man, Dies at 75

His serial frauds included a waterfront development in Buffalo, a civil rights law firm in California and a package delivery company in Springfield, Ill.

Most people on weight loss drugs are spending less on restaurants and takeout, survey says

The findings add to concerns that GLP-1s could take a bite out of the bottom lines of some of the biggest restaurant companies and packaged food makers.

A Bill to Limit Canada’s Trade Negotiators on Farm Goods Edges Nearer to Law

The measure from a member of the Bloc Québécois would ban changes to the supply management system for dairy, poultry and eggs.

A Man Hailed as Cindy Birdsong’s Rescuer Is Accused of Exploiting Her

The son of the former Supreme says in court papers that the man who sought to help his mother after she became incapacitated also took advantage of her financially.

Start-Up Founder Sentenced to 18 Months in Prison for Fraud

Manish Lachwani, who founded the software start-up HeadSpin, is the latest tech entrepreneur to face time in prison in recent years.

VW Workers in Tennessee Vote to Join UAW Union

The Volkswagen plant in Chattanooga is set to become the first unionized auto factory in the South not owned by one of Detroit’s Big Three.

How Ozempic Is Transforming a Small Danish Town

In Kalundborg, population under 17,000, Novo Nordisk is making huge investments to increase production of its popular diabetes and weight-loss drugs, Ozempic and Wegovy.

Former China central bank official warns against miscategorising ‘virtual economy’

China must emphasise modern services in its push for new productive forces, Sheng Songcheng says, flagging the need for a hi-tech, high-quality service sector.

VW workers in Tennessee vote to join UAW in historic win for Detroit union

Volkswagen workers in Tennessee have voted in favor of the United Auto Workers — marking the union's first successful organizing drive of a foreign automaker.

VW workers vote to unionise in major win for labour

The United Autoworkers Union took a risk in a Republican - and often anti-union - part of the US.

In Trump Trial, Press Coverage of Jurors Draws Partisan Reactions

Journalists covering the trial face a tricky balancing act: inform the public while keeping its participants out of harm’s way.

With a Fresh Look and Recipes, Manischewitz Courts a New Generation

The 136-year-old company’s products have been staples in American Jewish households for generations. After a major rebranding, the matzo ball soup comes with merch.

App to cut EU border queues won't be ready in time

An EU-developed app to ease predicted queues under a new border system will not be ready in time, says Eurostar boss.

Can AI help solve Japan’s labour shortages?

Japan is seeing if artificial intelligence can tackle its increasing shortfall of workers.

Warning jailed bankers ruling could hit loan rate

Euribor underpins trillions of euros in loans and tracks the rate banks pay to borrow cash from each other.

Inflation, Interest Rates and Oil Prices Have Jolted the Markets

Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.

Stock Market Set for Longest Losing Streak in Months

A rally at the start of the year has given way to worries on Wall Street about economics and geopolitics.

FAA Will Require More Rest for Air Traffic Controllers

The agency announced new rules to address the dangers of exhaustion for controllers, who often work grueling round-the-clock schedules.

Chinese Export Surge Clouds U.S. Hopes of a Domestic Solar Boom

The decision by a Massachusetts solar company to abandon plans to build a $1.4 billion U.S. factory highlights the risks amid a flood of Chinese clean energy exports.

Apple Says It Was Ordered to Pull WhatsApp From China App Store

Apple said it removed WhatsApp and Threads from its China app offerings Friday on Beijing’s orders, amid technological tensions between the U.S. and China.

How France Is Fighting ‘Shrinkflation’

Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding price cut.

Lululemon to shutter Washington distribution center, lay off 128 employees after tripling warehouse footprint

Lululemon is shutting down its Washington distribution center and laying off 128 employees after it opened a massive new warehouse outside of Los Angeles.

Drone startup Zipline hits 1 million deliveries, looks to restaurants as it continues to grow

The company said its zero-emission drones have now flown more than 70 million autonomous commercial miles across four continents.

Oil price eases as Iran downplays attack

Oil prices eased after Iran said a missile strike from Israel did little damage.

Michael Abramowitz Named New Director of Voice of America

Michael Abramowitz, a former Washington Post journalist who is currently the president of the nonprofit Freedom House, is expected to start in the role this summer.

FAA will require more rest time for air traffic controllers amid fatigue concerns

Staffing shortfalls have led to forced overtime and tightly packed air traffic controller schedules

China’s Export Dominance: What to Know

From cars to solar panels to furniture, China is using lavish bank lending and enormous investments in robotics to cement its global leadership in manufacturing.

Post Office lawyer 'missed' key Horizon finding

A top lawyer says he and others missed a finding in 2014 that the software could be accessed remotely.

Procter & Gamble sales disappoint as price hikes slow down

The Tide owner's quarterly volume was flat for the second consecutive quarter.

David Zaslav Receives $50 Million for Leading Struggling Warner Bros. Discovery

The chief executive’s 2023 pay package rose 26 percent from the year before, while the company’s losses totaled $3 billion.

With China’s EV sector at top speed, Beijing eyes ‘economical’ hydrogen-power vehicles amid green energy transition

China is the world’s top producer and consumer of electric vehicles, and Beijing is now seeking the lead in hydrogen-powered vehicles.

Thousands Are Eligible for Tax Refunds From 2020

The I.R.S. estimates that 940,000 people who didn’t file their returns for that year are due back money. The deadline for filing to get it is May 17.

Why Germany has little choice but to continue to cosy up to China

The ugly truth is that the power of Germany’s economy is heavily connected to its business relationship with China and, with that, Scholz’s political fortunes

A Union Vote at Volkswagen Is a Big Test for the UAW

If workers at a plant in Tennessee agree to unionize, it would reflect the growing power of groups like the U.A.W. at a crucial political moment.

China’s drought-hit Yunnan braced for ‘worst case scenario’ as key grain, power, aluminium hub faces worst dry spell in 60 years

Rainfall in the southwest province of Yunnan, which is one of China’s leading hydropower producers, fell by 42.3 per cent compared to normal levels this year.

Shoppers shun department stores as prices rise

Higher prices put off shoppers as sales volumes overall stagnate in March.

Can a Brewery Make Good Wine? These Beer Makers Say Yes.

In an effort to reach an increasingly diverse customer base, brewers are turning over some of their equipment to producing wine.

What to Do When Your 401(k) Leaves Something to Be Desired

Over the course of a career, the high fees and a lower-quality menu of investment options found in some plans can shrink your balance significantly.

China penalises US acid imports in retaliatory move as trade relations grow caustic

China has revealed hefty penalties on imports from the US of an acid used as a preservative as trade relations between the two countries appear likely to return to an outwardly acrimonious track.

Li Auto takes on Tesla’s Model Y by pricing new L6 SUV deliberately lower as cutthroat discounts persist in China

Beijing-based Li Auto has priced the new L6 SUV from 249,800 yuan (US$34,509) onwards, 5 per cent cheaper than Tesla’s popular Model Y.

China-Middle East commercial ties enjoying a ‘renaissance’ as politics, trade spats strengthen shift from West, consultancy says

Commercial ties between China and the Middle East are enjoying a revival as politics, energy transition and supply-chain upheavals create opportunities for Chinese exporters, according to management consultancy Oliver Wyman.

US interest rate setter says 'no hurry' to cut

A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".

China’s middle class a ‘tidal wave’ investors are failing to appreciate: Primavera Capital founder

It is only a matter of time before the currently depressed market stages a rebound, according to Fred Hu of private-equity firm Primavera Capital.

Why a deluge of Chinese-made drugs is hard to curb

Thousands of Chinese companies are making synthetic opioids and shipping them around the world.

Sony in Talks to Join a Bid to Buy Paramount

The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.

Netflix forces Wall Street to focus on profit and revenue with decision to stop reporting subscriber numbers in 2025

Netflix will no longer report its quarterly subscriber additions, a sign that the benefits of its password-sharing crackdown may be ending.

Netflix Added More Than 9 Million Subscribers in First Quarter

The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.

Netflix blows past earnings estimates as subscribers jump 16%

Netflix said its subscribers grew 16% to 269.6 million, but said it would no longer regularly report the metric starting next year.

Nordstrom family tries again to take department store private, forms special committee

The Nordstrom family is once again considering taking the department store private and has formed a special committee to evaluate bids.

Mortgage rates are now at the highest level of the year, and could still climb

The average rate on the popular 30-year fixed mortgage sits around 7.5%, the highest level since mid-November of last year, according to Mortgage News Daily.

U.S. Mortgage Rates Jump Above 7% for the First Time This Year

Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.

Alaska Airlines 2024 forecast tops estimates after loss from Boeing Max grounding

Alaska Airlines said Boeing paid it $162 million so far in compensation for the 737 Max grounding.

NBA's exclusive TV rights negotiating window with ESPN, Warner expected to pass without a deal

The NBA's exclusive window with incumbent media partners Disney and Warner Bros. Discovery will expire April 22 without a signed deal, according to sources.

Billionaire Kam Ghaffarian sets his sights on the stars with a range of space companies

Ghaffarian has been instrumental in ushering in the new space economy, with leadership roles at Intuitive Machines, Axiom Space, Quantum Space and X-Energy.

March homes sales dropped despite a surge in supply. Here's why.

The median price of an existing home sold in March was $393,500, up 4.8% from the year before.

Countdown Is On for the Bitcoin ‘Halving’

Bitcoin aficionados are hoping that a scheduled reduction in the number of new coins going into circulation will cause the price of the cryptocurrency to skyrocket.

U.S. tech CEOs give India PM Modi boost ahead of election

India's Narendra Modi has been courting U.S. tech company leaders like Elon Musk and Tim Cook ahead of the country's national elections.

IMF: China’s bonds, stimulus will buoy world’s No 2 economy despite property crisis

Asia official with Washington-based agency points to the PBOC’s policy moves, as well as China’s infrastructure spending, as economic bellwethers in the face of headwinds.

China steels itself for new front in trade war after US proposes tariffs on metals

The US’ proposed tripling of tariffs on Chinese steel imports would be the first move in a tit-for-tat struggle that would expand the bilateral trade war, analysts said – and fuel grumblings over industrial overcapacity.

Airline executives predict a record summer and even more demand for first class

Delta and United executives have forecast record demand this spring and summer with even more travelers booking in higher classes.

Canton Fair: Chinese Premier Li Qiang solicits views from ‘ambassadors of friendship’ as external tensions grow

Premier Li Qiang told overseas buyers at the Canton Fair that China’s development will inject more stability into the world economy and global trade as it seeks to shore up confidence and retain and entice investors.

China unloads more US Treasury bills as odds of Fed rate cuts grow slim

China has continued to sell its holdings in US debt as the likelihood of expected interest rate cuts grows more remote and Beijing looks to widen the diversity of its foreign asset pool.

The West says China makes too much. Its workers disagree

Migrants are caught in China's manufacturing battles with the West, as Beijing tries to save its economy.

'AI helps me to make wine for younger drinkers'

The winemakers using artificial intelligence to help them grow grapes and blend their wines.

Vince McMahon is taking vacations and in touch with Trump as WWE tries to move on from scandal-plagued ex-CEO

McMahon resigned as executive chairman of the WWE in late January after a former employee, Janel Grant, accused him of sexual abuse and trafficking.

China preps for tourism boom on May Day holiday as early bookings rocket past pre-pandemic levels

China’s coming May Day holiday already has the makings of a major tourism rush, with early bookings exceeding pre-pandemic levels and the travel boom likely to fuel a much-desired round of consumption.

How sustainability is driving China’s next economic transformation

Despite some progress, the Chinese economy still faces problems but these can be overcome with targeted stimulus measures and a focus on sustainable development. By framing China as a threat, the US risks impeding global sustainability efforts.

Boeing faces scrutiny in Senate hearings over aircraft safety and quality

A Boeing whistleblower testified in a hearing Wednesday about safety concerns related to two of the company's aircraft.

Most doses of Eli Lilly's Zepbound, Mounjaro in short supply through June, FDA says

The insatiable demand for weight loss and diabetes drugs is still trouncing supply, even as Eli Lilly and Novo Nordisk work to increase production capacity.

China’s economy seeing ‘seismic shifts’ and imbalances like nothing Beijing predicted, senior economist says

Prominent government adviser Liu Yuanchun says the immediate future will be marked by disequilibrium, and more non-economic risks are emerging than economic ones, after first-quarter GDP growth impresses.

Dongfeng, Chery lead Chinese carmakers in eying Europe factories amid brutal price war at home

Carmakers like Dongfeng, Chery and BYD are eyeing production sites in Europe to assemble the next generation of electric vehicles as a foil against the EU’s protectionist tariffs as a brutal price war at home drives more producers offshore in search of fresh markets.

China rallies aviation brainpower to get widebody C929 off the ground, amp up Airbus and Boeing competition

China’s state-owned aircraft manufacturer held a conference ahead of a week-long seminar to seek progress with its C929 passenger jet, which is due to rival the Airbus A350 and Boeing 787 models for long-haul routes.

Million-dollar jobs, travel perks and racy parties vanish as China’s research pullback sends chills through banks and brokers

The cutbacks, described by people familiar with the matter, come as a prolonged market slump reduces trading commissions and authorities tighten limits around what research analysts are allowed to publish.

China plays up Alibaba, Shein’s role in promoting cross-border e-commerce at ‘digital silk road’ forum, as exports rise

At the Digital Silk Road Development Forum in Xian, Alibaba and Shein were praised for helping advance the country’s booming cross-border e-commerce sector.

Workers take on car giant Volkswagen in fight for pay

VW workers in the south vote on whether to join a union - a test of how far worker activism has spread.

China GDP: first-quarter growth ‘smashes’ expectations, but has Beijing put too many eggs in its basket?

China’s widely watched gross domestic product (GDP) figure beat expectations in the first three months of the year, but retail sales growth dropped in March and property investment fell by 9.5 per cent in the first quarter.

Canton Fair: China’s new energy exporters abuzz as orders swell, threat of trade curbs looms

Buyers and exhibitors of new energy equipment at the Canton Fair are showing boundless optimism as orders rise, but measures likely to be taken against the industry by the US and EU could spoil the fun.

China’s GDP growth beat expectations – so why are analysts and business groups still downbeat?

While first-quarter GDP data shows China is on course to meet its full-year economic growth target, policymakers are still being called on to bolster demand and introduce stronger policy support.

IMF keeps China’s 2024 GDP growth estimate unchanged on ‘troubled property sector’

After the release of China’s first-quarter GDP growth, International Monetary Fund says the lack of a ‘comprehensive response’ could lead to less economic growth than Beijing is hoping for this year.

Fitch cuts outlook for China’s state-owned banks from stable to negative citing Beijing’s limited capacity to support them

The move by Fitch Ratings comes a week after it cut its projection for the country’s sovereign credit rating, reflecting pessimism in the world’s second largest economy and concerns over Beijing’s capacity to support its biggest lenders.

China GDP: 5.3% first-quarter rise better than expected as recovery regains momentum

China’s widely watched gross domestic product (GDP) figure beat expectations in the first quarter after rising by 5.3 per cent year on year despite ongoing challenges.

The challenge of upgrading iconic steel windows

Critall windows date back to the 1880s but their steel construction makes them vulnerable to damp.

China’s energy trade with Middle East set to surge since Beijing brokered last year’s Iran-Saudi deal, UBS says

Energy-related trade between China and the Middle East is likely to increase significantly and reshape the sector globally in the wake of the Saudi-Iran peace deal brokered by China last year, according to Swiss bank UBS.

From consumption to tourism, China’s middle class holds the key to revving up economic engine, but can they turn it?

Ahead of China’s quarterly GDP release, survey figures reflect how difficult times have been for half a billion Chinese people, and where their priorities now lie.

China’s new South China Sea oil rig helps it drill deep for energy security

New deep-sea mobile operation can reportedly drill to a depth of 9,085 metres, a record for China as Beijing looks to rely less on imported oil and gas amid rising geopolitical uncertainties.

In China, Germany’s Olaf Scholz calls for ‘open and fair’ competition as differences weigh on trade

Scholz’s trip comes as the European Union is undertaking an anti-subsidy investigation into Chinese electric vehicles (EVs), and as criticism grows in the United States about Chinese overcapacity.

China’s Fosun International sells stake in Belgian insurer Ageas to BNP Paribas to reduce debt, focus on core businesses

More divestments to come, analyst says, as conglomerate aims to cut debts by US$1.38 billion annually in the next two to three years.

China’s ‘critical’ property sector must ensure timely delivery of homes, says Vice-Premier He Lifeng

Vice-Premier He Lifeng completed a two-day inspection tour of Zhengzhou, Henan province, over the weekend with a focus on China’s troubled real estate market.

Shanghai is the sole commodities bourse to stay open to Russian aluminium, copper and nickel as sanctions drive Moscow towards China

Energy market sanctions imposed on Moscow have already had a dramatic impact on China’s buying habits, helping Russia surpass Saudi Arabia to become the largest oil supplier to Beijing last year.

Hong Kong gearing up to become a hub for ILS such as catastrophe bonds, Insurance Authority says

Hong Kong is building an arsenal to assist the world with raising funds for managing losses from natural disasters, the Insurance Authority said. It is discovering more issuers, investors and data, as well as cultivating its modelling capabilities and talent.

As supply chains shift away from China, others get their own economic miracles

As global supply chains are reshaped, countries such as Vietnam and Mexico are becoming attractive manufacturing hubs. Chinese-backed factories in the US might face resistance, but the job growth and knowledge transfer they bring will benefit the American economy.

Drone delivery service launches in China’s Greater Bay Area, slashing transport time and costs between cities

Flight between Zhongshan and megacity of Shenzhen takes around 45 minutes and costs 40 yuan (US$5.60) per order, according to UAV-maker Phoenix Wings, which is backed by Chinese logistics giant SF Express.

China’s gold markets under strain as horde of new buyers hunts for stable investment

Gold markets in China have been inundated with a throng of new buyers, looking to put their money into a commodity which has skyrocketed in value as other investments have lost their lustre.

China trade: 5 takeaways from March data as exports tumbled, but ‘reasonable story about external demand’ appears

China’s export growth fell more than expected in March, but a recovery of overseas markets is expected, while imports also declined last month.

China’s world-leading patent applications being sped up, scrutinised to boost key industries

Innovation is increasingly coming under the spotlight amid Beijing’s push for tech self-reliance, but criticisms persist that quantity is being emphasised over quality in the pursuit of patents.

Spotlight, BMW’s China venture, to assemble EVs including Mini cars for consumers worldwide

Spotlight Automotive, BMW’s 50-50 EV venture with mainland Chinese partner Great Wall Motor, is designing new models that it hopes to sell globally.

China overtakes Germany in some exports, raising trade profile and EU eyebrows ahead of Scholz visit

A recent report has found China has overtaken Germany in terms of certain exports, an elevation of status for the Asian juggernaut but a potential source of tension for already fraught bilateral relations.

China’s stock market: Beijing issues unprecedented guidelines calling for transparency, risk-management

A document published by the nation’s cabinet on Friday promises to promote the ‘high-quality’ development of China’s capital market by strengthening supervision and guarding against risks.

China trade: exports tumble in March, but ‘robust growth’ on the horizon as overseas demand recovers

China’s exports in March were dragged down by a higher base in the same period last year, but a strong recovery in demand in overseas markets is set to lead to ‘robust export growth’ this year, analysts said.

The $2bn dirty-money case that rocked Singapore

The sensational case saw 10 Chinese nationals charged for laundering profits from illegal businesses.

How AI is helping to prevent future power cuts

Artificial intelligence software is being used to predict electricity demand and supply.

How an F1 simulator could save car firms 'millions'

Engineers in a village near Bristol make the fastest-reacting car simulator in the world

Boom times for US green energy as federal cash flows in

The US government has directed unprecedented sums of money at green energy projects.

Ibiza locals living in cars as party island sees rents soar

"All the work you could want, but there isn't anywhere to live," say those struggling on the island.

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