Terry Gou Says Apple, Tesla Links Mean China Can’t Pressure His Business
Tech billionaire Terry Gou denied Beijing could pressure him through his extensive operations in the country, which include
2023-08-28 14:28
Fortescue Iron Ore Chief Hick Exits as China Woes Hit Profit
Fortescue Metals Group Ltd. joined iron-ore mining peers in posting lower profits due to China’s economic downturn, and
2023-08-28 12:50
BYD’s iPad-Making Arm Pays $2.2 Billion for Jabil China Unit
The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for
2023-08-28 10:53
China’s Travel Recovery Risks Super-Charging Jet Fuel Prices
After years of pent-up demand for leisure and business travel due to the ravages of Covid-19, millions of
2023-08-28 09:28
Didi Sells Smart Car Arm to China’s Xpeng for $744 Million
Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion
2023-08-28 09:25
Asia Stocks Rise After Jackson Hole; Yen Weakens: Markets Wrap
Asian stocks advanced, following US equities with modest gains Monday after Jerome Powell said the Federal Reserve would
2023-08-28 09:18
Oil Edges Higher as China Stimulus Moves Offset Demand Concern
Oil rose for a third day after China announced measures to boost its stock and property markets, helping
2023-08-28 09:16
Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting
2023-08-28 08:45
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow
2023-08-28 08:20
Markets Ready for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a cautious start to the week after US and European policymakers signaled interest rates
2023-08-28 07:55
South Africa Says Distribution Is ‘Albatross’ of Power System
South Africa’s electricity distribution system is “an albatross” beset by fighting between the national power utility and municipalities
2023-08-27 19:46
Three US Marines Dead After Australia Military Helicopter Crash
Three US Marines died and five are in critical condition following a military aircraft crash off the coast
2023-08-27 16:57