With the annual meeting of China’s parliament looming next month, its leaders face unprecedented pressure to make decisive policy choices. These decisions must not only address…
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On Tuesday, China announced its largest-ever reduction in the benchmark mortgage rate. Authorities took this step to support the country’s struggling property market and economy. The…
Airbnb (ABNB.O) raised its first-quarter revenue forecast on Tuesday, citing strong cross-border travel and longer-duration bookings. This year, with the improvement of global air connectivity, international…
BYD Co Ltd from China will open a new electric vehicle (EV) factory in Mexico, according to Nikkei. The EV maker aims to create an export…
On Thursday, a congressional report revealed that Sequoia Capital China, Qualcomm Ventures, and three other venture capital firms actively invested at least $3 billion in Chinese…
Baidu (9888.HK) has partnered with Lenovo to integrate its generative artificial intelligence (AI) technology onto Lenovo smartphones. This collaboration signifies Baidu’s ongoing efforts to explore practical…
Volvo Cars (VOLCARb.ST) announced on Thursday that it would no longer fund Polestar Automotive Holding (A4N1y.F), handing over responsibility for the luxury car brand to China’s…
Asian shares fell broadly on Wednesday, while the Australian dollar fell after unexpectedly low domestic inflation data, and short-term Treasury yields remained elevated ahead of the…
Hong Kong’s government announced on Tuesday that it intends to quickly pass new national security laws. A public consultation document was also released. A deadline for…
Travel in China thrived over the three-day New Year’s holiday, with 135 million domestic tourist trips, up 155% from last year, and domestic tourism revenue increasing…