Business

March 24, 2025
News, Business

China Development Forum: Beijing Pledges Greater Market Access

Beijing has pledged to expand market access for foreign businesses as top global CEOs gathered at the China Development Forum in 2025. The forum, held annually in Beijing, serves...

March 7, 2025
Business, News

China’s Exports Jump 12% in January-February 2025

China’s exports jumped by 12% in the first two months of 2025, according to data released on Thursday. Imports also showed steady growth, increasing by 8%, reflecting strong domestic...

March 6, 2025
Business, News

Adidas Q4 2024 Earnings Beat Expectations, Driven by Sustainability Efforts

Adidas has reported strong Q4 2024 earnings, with an 8% year-over-year revenue increase and net income of €450 million. The company’s performance was driven by robust demand for its...

March 3, 2025
Business, News

Mixue Bubble Tea Giant Soars in Hong Kong Trading Debut

Mixue, the Chinese bubble tea giant, made a strong debut on the Hong Kong stock exchange, with its shares surging on the first day of trading. The company’s initial...

March 3, 2025
Analysis, Business

China’s February Caixin PMI Points to Slower Manufacturing Expansion

China’s February Caixin Purchasing Managers’ Index (PMI) pointed to slower expansion in the manufacturing sector, raising concerns about the country’s economic recovery. The PMI, a key indicator of manufacturing...

February 27, 2025
Business, News

Seven & i’s $5.8 Billion Buyout Plan Fails Amid Itochu Withdrawal

Seven & i Holdings has abandoned its $5.8 billion management buyout plan after Itochu Corporation withdrew its support, according to a report by Yomiuri. The collapse of the deal...

February 25, 2025
News, Business

BOK Cuts Rates to 1.25% to Stimulate South Korea’s Economy

The Bank of Korea (BOK) has cut its benchmark interest rate to 1.25%, the lowest level since August 2022, to stimulate the economy. The decision, announced on February 25,...

February 21, 2025
Business, News

U.S. Natural Gas Exports to Asia Surge Under Trump Plan

The Trump administration is driving a surge in U.S. natural gas exports to Asia, aiming to reshape the region’s energy supplies and strengthen economic ties. The initiative, announced on...

February 21, 2025
Business, News

Alibaba Shares Soar as Earnings Exceed Expectations

Alibaba Group’s shares soared in Hong Kong trading on February 21, 2025, after the company reported quarterly earnings that exceeded market expectations. The Chinese e-commerce giant posted revenue of 45.6...

February 20, 2025
Business, News

China’s LPR Decision: No Change in February 2025 as Economy Stabilizes

China’s central bank, the People’s Bank of China (PBOC), announced on February 20, 2025, that it would maintain the Loan Prime Rate (LPR) at current levels. The one-year LPR...