Tesla confirmed a major global workforce reduction, impacting employees in sales, technology, and engineering across the company’s …
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Shanghai
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FeatureInternational NewsNewsStocksWorld
Chinese authorities push Syngenta to withdraw $9b Shanghai IPO on market volatility
by Nada Aliby Nada AliChinese authorities influenced Syngenta to withdraw its $9 billion IPO application in Shanghai due to concerns about …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Iron ore prices continue to fall on China demand fears
by Nada Aliby Nada AliIron ore prices continued to decline due to concerns about China’s economic outlook, with futures approaching $100 …
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BanksFeatureInternational NewsNews
China’s weak local borrowing raises hope for more central aid
by Nada Aliby Nada AliChina’s local governments are hesitant or unable to borrow more, despite pressure to boost growth, leading to …
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International NewsNewsStocks
China appoints Wu Qing as new chairman for securities regulator
by Nada Aliby Nada AliThe State Council of the People’s Republic of China appointed Wu Qing as the new chairman of …
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FeatureMoneyTech news
Nvidia’s China-specific AI chip to match Huawei’s pricing
by Aya El Sayedby Aya El SayedNvidia initiated pre-orders for a new AI chip tailored for China, with distributors setting its price to …
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FeatureIndustry & TradeInternational NewsNewsReal EstateTech/AI
Chinese cities ease home purchase limits
by Nada Aliby Nada AliTwo of China’s major cities Suzhou and Shanghai ease home purchase limits to boost sales, in an …
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AstraZeneca is planning to spin off its China business and list a separate unit in Hong Kong, …
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International NewsMoneyTech news
Tesla’s German plant hits 4,000 cars per week
by Sama Mousaby Sama MousaTesla Motors announced on Monday that its plant in Brandenburg near Berlin is currently producing 4,000 cars …
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International NewsNewsStocksWorld
Asian stocks mixed on Monday even after CBOC cuts benchmark lending rates
by Nada Aliby Nada AliAsia-Pacific mixed on Monday while Chinese markets increased after Central Bank of China (CBOC) cut its benchmark …
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