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Fatal Car Crash Mars Huawei’s Efforts to Break Into Electric-Vehicle Market

The accident involved an Aito M7 Plus, a product of the tech giant’s collaboration with Seres Group, claiming three lives including a toddler

Apr 26, 2024 07:26 PM
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Dozens Killed After Guangdong Highway Collapses

Following days of torrential rain, a hillside section of highway collapsed in the early hours of Wednesday morning

May 02, 2024 05:10 PM

Yet Another Former Senior Justice Official Ensnared by Graft Probe

Investigation into Liu Zhiqiang, vice minister from 2016 to 2023, comes a month after one of the ministry’s ex-chiefs fell under suspicion

May 02, 2024 03:21 PM

China’s New Economy Industries Gain Ground

The contribution of high value-added industries such as biomedicine to total economic inputs rose to 30.7% in April

May 02, 2024 03:08 PM

Daily Tech Roundup: Fatal Crash Mars Huawei’s EV Efforts, Binance Founder Gets Four Months in Prison

China’s EV whiz kids are flipping the script on joint ventures, foreign carmakers give Chinese peers their due at Beijing Auto Show

May 02, 2024 01:02 PM

Huawei Lab Barred by U.S. Regulators as Part of Crackdown on China

Proposal bans the Chinese firm and other ‘prohibited entities’ from roster of labs used to ensure equipment sold in the country conforms to technical standards

May 02, 2024 12:54 PM

Hong Kong’s Stock Rally Faces Test With China Inflows on Pause

Mainland Chinese investors, out of action on a public holiday, have become increasingly important for the city's market where the Hang Seng Index sits on the cusp of a technical bull market

May 02, 2024 12:46 PM

Taiwan Halts Two-Year Factory Slump in Sign of Broader Rebound

Taiwan ramped up output amid higher new orders, with companies reporting improved demand from the domestic market, S&P Global said

May 02, 2024 12:20 PM

Yen’s Wild Swings Are Just a Taste of What’s to Come

After sliding to a more than three-decade low, government intervention had been expected, and when it climbed speculation was rife that officials had stepped in for the first time in two years

May 01, 2024 06:56 PM

Binance Founder Changpeng Zhao Gets Four Months in Prison

The sentence was far below the three years requested by prosecutors, who had sought to make an example out of Zhao to an industry rebounding from a slew of high-profile scandals

May 01, 2024 06:34 PM

Huawei Profit Surges 564% As It Eclipses Apple in China

Smartphone maker reports $2.7 billion profit for the first quarter after new Pura 7 series sells out in two days

May 01, 2024 05:30 AM

Beijing Further Loosens Home Buying Curbs in Non-Core Areas

Beijing allows families to buy one more house outside the fifth ring to ease pressure of property downturn

May 01, 2024 05:26 AM

Japan Intervenes After Yen Slides Against the Dollar

Japanese finance ministry official says it is difficult to ignore these violent and abnormal currency movements

May 01, 2024 05:22 AM

Shift in Economy Sees Rural Migrant Workers Seeking Jobs Closer to Home

Downturn in the property sector has seen more rural workers seeking jobs in the service sector in big cities

May 01, 2024 04:16 AM

China’s Steel Industry Faces Sharp Drop in Profits Amid Rising Costs and Weak Demand

Revenue for China’s steel industry is falling faster than production costs, with iron ore prices high, sales declining and steel prices continuing to fall

May 01, 2024 04:13 AM

Two of China’s ‘Big Four’ Banks Pick New Presidents, Sources Say

Positions at ICBC and CCB became vacant earlier this year when their incumbents were promoted to chair the lenders

Apr 30, 2024 07:35 PM

Analysis: Building Civil Society Connections Key to Defusing Sino-U.S. Tensions

The two sides could build ties by ‘doing nothing’ and letting trust build organically, expert says

Apr 30, 2024 08:51 PM

Politburo Flags Need for ‘Flexible’ Monetary Policy, Risk Resolution

China’s top decision-making body stresses importance of curtailing risks related to the real estate sector, local government debt, and small and midsize financial institutions

Apr 30, 2024 08:51 PM



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