H&M will 'phase out' operations in Myanmar after more worker abuse allegations
H&M has decided to stop operating in Myanmar following an increase in allegations of labor abuses at garment factories in the country.
2023-08-18 12:52
Intel calls off $5.4 billion chip deal after failing to get regulatory approval
Intel has pulled out of a major acquisition of an Israeli chipmaker after failing to obtain the required regulatory approval.
2023-08-17 13:29
NBA star James Harden sells out 10,000 bottles of wine in seconds on Chinese livestream
NBA star James Harden expressed disbelief after Chinese fans snapped up 10,000 bottles of his own-branded wine in seconds, demonstrating the massive reach of livestreaming in the country, where basketball is loved by millions.
2023-08-17 12:58
Tesla cuts Model S and X prices by over 6% in China
Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in China by as much as 6.9%, it said on Wednesday.
2023-08-17 11:51
A Vietnamese electric carmaker is now worth more than Volkswagen and Ford
One of Vietnam's biggest automakers has made a big splash on its entry to Wall Street, pushing its market capitalization above that of industry giants such as Volkswagen and Ford.
2023-08-16 15:29
Jacinda Arden says she teared up watching New Zealand play at Women's World Cup
New Zealand's former Prime Minister Jacinda Ardern was moved to tears by the country's women's soccer team at this year's World Cup.
2023-08-16 14:52
China's defense minister warns against 'playing with fire' on Taiwan during Russia meeting
China's defense minister Li Shangfu on Tuesday warned against "playing with fire" when it comes to Taiwan in a veiled jab at the United States as he addressed a security conference in Russia.
2023-08-16 13:22
Australia dares to dream of World Cup win as Matildas mania sweeps the country
Two matches stand between Australia and an historic Women's World Cup win and the nation, perhaps prematurely, is debating the pros and cons of a national holiday versus a ticker tape parade for their winning side.
2023-08-16 05:29
China's economic activity slows further in July as recovery stalls
China has reported a slew of disappointing economic data showing another month of tepid growth in the world's second largest economy.
2023-08-15 10:46
Taiwan's Foxconn says it sees 'billions' of dollars in India investments
A month after exiting an ambitious project to help build one of India's first chip factories, Taiwan's Foxconn says it remains bullish about the world's most populous nation and is planning "billions" of dollars in investments there, as multinationals seek to diversify their supply chains beyond China.
2023-08-15 09:58
China's Country Garden suspends trading of onshore bonds amid talk of debt restructuring
Country Garden, one of China's top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it struggles to raise enough cash in time to avoid default.
2023-08-14 15:51
Heavy rains bring deadly flash flood and landslide to northwest China
At least 21 people are dead and six others missing after a flash flood and landslide following torrential rains in the outskirts of northwestern China's Xi'an city, local authorities said Sunday.
2023-08-14 14:00