Aarav Shen
Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.
Saudi Aramco Posts 5% Profit Drop as Oil Prices and Output Decline
Saudi Aramco reported a 5% decline in net profit for the first quarter of the year, reflecting the impact of subdued oil prices and...
US-China Financial Tensions Intensify Amid Investment Restrictions and Delisting Threats
In a dramatically shifting financial landscape, Chinese companies seeking funds from global investors are increasingly challenged by growing geopolitical tensions between China and the...
BMW, Toyota, Mercedes Recall Nearly 70,000 Cars in China Over Safety Risks
Nearly 70,000 vehicles are being recalled in China by major global car manufacturers including BMW, Toyota, and Mercedes-Benz due to safety-related issues, according to...
Jack Ma’s Surprise Appearance Reignites Alibaba Spirit During Strategic Shift
Jack Ma, founder of Alibaba, received an enthusiastic reception on Friday as he appeared at the company's annual AliDay celebration, an event that honors...
Temu Urges Chinese Sellers to Diversify Amid Rising US-China Trade Tensions
Over 1,000 Chinese merchants selling on the Temu platform gathered in Guangzhou on Friday for a five-hour event aimed at expanding their reach in...
Lei Jun Reflects on Challenges After Fatal Crash Involving Xiaomi EV
Xiaomi’s CEO and chairman, Lei Jun, recently shared that the past month has been the most difficult period since founding the company in 2010,...
Starbucks and Luckin Coffee Focus on Lower-Tier Cities Amid Challenges
In the face of sluggish consumption and fierce pricing competition, Starbucks and Luckin Coffee have managed to regain momentum by focusing on lower-tier cities...
Hong Kong Insurers Launch Plans for Medical Services in Greater Bay Area
This week, three major Hong Kong insurance firms unveiled new policies designed to help residents access medical services across the Greater Bay Area. These...
Sany Heavy Industry Plans $1.5 Billion IPO to Fuel Global Expansion
Sany Heavy Industry, one of China’s largest manufacturers of heavy equipment, plans to raise up to $1.5 billion through a proposed initial public offering...
U.S. Federal HR Agency Cancels Controversial Workday Contract
On Friday, the U.S. federal human resources agency, the Office of Personnel Management (OPM), canceled a contract awarded to Workday for a new cloud-based...
China Imports Wheat and Barley as Heat Threatens Domestic Crop
China, the world’s largest wheat producer, has recently purchased between 400,000 and 500,000 metric tons of wheat from Australia and Canada due to heatwaves...
FAA to Discuss Temporary Flight Reductions at Newark Airport to Address Disruptions
The Federal Aviation Administration (FAA) announced plans to meet with major airlines on Wednesday to discuss the possibility of implementing temporary cuts in flights...
Trump Announces Continued 10% Tariff on Imports Despite Trade Deals
U.S. President Donald Trump reaffirmed on Friday that the United States will maintain a baseline tariff of 10% on imports, even after new trade...
China’s Car Sales Surge in April Amid Trade and Subsidy Impact
China's car sales saw a notable increase in April, with a 14.8% rise compared to the previous year, marking the third consecutive month of...
