China’s Deflation Pressures Are ‘Temporary,’ PBOC Adviser Says
Signs of deflation in China are only transitory, an adviser to the country’s central bank said despite a
2023-11-10 16:24
China 2024 Budget Deficit Seen Above 3.5% In Break With Past
China will likely set its headline deficit at 3.5% of gross domestic product or higher next year, according
2023-11-10 15:58
Macau Casino Stocks Tumble on Weak Earnings, China Headwinds
Macau casino stocks sank the most since March 2022, led by slump in Wynn Macau Ltd., as disappointing
2023-11-10 13:51
China Battery Maker Gotion Says Globalization Is Inevitable
One of China’s top battery makers, Gotion High-Tech Co., says globalization is an irresistible trend and that protectionist
2023-11-10 12:16
World’s Biggest Bank Forced to Trade Via USB Stick After Hack
On Thursday, trades handled by the world’s largest bank in the globe’s biggest market traversed Manhattan on a
2023-11-10 11:28
ICBC Tells Clients to Reroute Some Trades After Cyber Issue
Industrial & Commercial Bank of China Ltd. was hit by a cyberattack that prevented it from clearing swathes
2023-11-10 09:22
ICBC Hit By Ransomware Gang Linked to Boeing, Ion Attacks
Industrial & Commercial Bank of China Ltd. is suspected of being hacked by the same group that has
2023-11-10 09:21
Booming Profits Bolster Japan Automakers’ Cautious Shift to EVs
Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. all raised their operating profit forecasts for the
2023-11-10 08:47
Li Auto’s Revenue Beats Forecast With Over 105,000 EVs Sold
Li Auto Inc. reported better-than-expected revenue after delivering more than 105,000 electric vehicles in the third quarter, up
2023-11-09 22:52
Sequoia China Rebranding Is High-Stakes Leadership Test
The venture capital giant formerly known as Sequoia China is slated to host a major gathering of investors
2023-11-09 21:48
Top China Chipmaker SMIC’s Sales Miss Despite Huawei Boost
Semiconductor Manufacturing International Corp. quarterly revenue fell for the third straight quarter, reflecting the impact of a global
2023-11-09 19:21
Ping An Slump Shows Why a Country Garden Deal Would Be Dangerous
A $5.5 billion selloff in Ping An Insurance Group Co. is underscoring why a mooted takeover of distressed
2023-11-09 17:22