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.
Netflix Raises Subscription Prices Again in the U.S. and Other Markets
Netflix is raising the cost of most of its U.S. subscription plans, marking another price hike as the company continues to boost revenue and...
China’s Industrial Robot Sales Face First Decline in Five Years
China’s industrial robot market is projected to experience its first decline in five years, with total deliveries in 2024 estimated at 300,000 units, a...
Foxconn Invests $82 Million in New EV Battery Plant in Zhengzhou
Foxconn Technology Group, a major Apple supplier, is investing 600 million yuan (US$82 million) into a new electric vehicle (EV) battery plant in Zhengzhou,...
Ant Group Restructures Alipay into Two Business Units for Growth
Ant Group, the fintech giant affiliated with Alibaba Group, has announced a significant reorganization of its mobile payment platform, Alipay. The company is splitting...
Quantum Computing Breakthrough with Google’s Willow Chip: Implications for Cryptocurrencies
Google has unveiled Willow, a quantum computing chip capable of unprecedented computational speeds while significantly reducing error rates. This breakthrough could reshape industries, including...
Nordstrom to Go Private in $6.25 Billion Buyout by Founding Family and El Puerto de Liverpool
Nordstrom, the iconic American retailer, is set to become a private company after its founding family and Mexican department store chain El Puerto de...
Lego’s Innovative Strategies Propel Growth Amid Toy Industry Challenges
The toy industry is navigating its second consecutive year of declining sales, but Lego continues to defy the trend. The Danish company achieved a...
2025 Media Industry Predictions: A Baker’s Dozen Insights
As 2025 begins, media executives anonymously share their bold predictions for the year ahead, offering candid insights into the industry's potential transformations. Here are...
Bitcoin Recovers to $97,000 Amid Market Volatility
Bitcoin hovered near $97,000 on Friday, regaining ground after dipping below $93,000 earlier in the day. The cryptocurrency experienced significant volatility as broader market...
Netflix Secures Exclusive Rights to FIFA Women’s World Cup for 2027 and 2031
Netflix announced on Friday that it has secured exclusive U.S. streaming rights for the FIFA Women’s World Cup in 2027 and 2031. This marks...
Party City Announces Nationwide Store Closures and Corporate Layoffs
Party City announced on Friday that it will close all its stores nationwide and begin corporate layoffs effective immediately. CEO Barry Litwin informed employees...
FDA Approves Zepbound for Obstructive Sleep Apnea Treatment
The Food and Drug Administration (FDA) has approved Eli Lilly’s Zepbound, a once-weekly injectable drug, for treating moderate-to-severe obstructive sleep apnea (OSA) in patients...
Waymo to Begin Autonomous Vehicle Testing in Tokyo in 2025
Waymo, Alphabet’s autonomous vehicle unit, announced plans to begin testing its self-driving cars in Tokyo in early 2025, marking its first international expansion and...
Temu Tops U.S. App Charts Again Amid Rising Trade Tensions
Temu, the e-commerce platform owned by China’s PDD Holdings, topped Apple’s list of the most downloaded free apps on the U.S. iOS store for...
