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Friday, June 27, 2025

Apple, Huawei, Xiaomi Lead China’s Top Online Consumer Brands

Apple, Huawei Technologies, and Xiaomi have emerged...

Stablecoins Gain Traction as Hong Kong and US Move Toward Regulation

The rise of stablecoins continues to shape...

Xiaomi Launches YU7 SUV to Challenge Tesla Model Y in China’s EV Market

Tesla’s dominance in China’s premium electric vehicle...

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.

U.S. Businesses at Risk as Chinese Exporters Use Shell Companies to Dodge Tariffs

Chinese exporters are offering U.S. customers highly attractive deals by pledging to absorb the full cost of tariffs. Beneath this offer lies a complex...

Bath & Body Works Appoints Daniel Heaf as New CEO Amid Growth Strategy

Bath & Body Works has named Daniel Heaf as its new chief executive officer, marking its second leadership change in less than three years....

Netflix Becomes New Streaming Home for Sesame Street

Sesame Street has found a new streaming platform as Netflix steps in to become the exclusive global streaming home for the beloved children’s series....

Climate Change Emerges as New Risk Factor in Mortgage Lending

Lenders are now factoring climate change into mortgage evaluations, adding a new layer of scrutiny to a borrower's financial profile. As extreme weather events...

Novo Nordisk CEO Exit Marks Strategic Crossroads in Weight Loss Drug Battle

Novo Nordisk has announced a sudden leadership change, replacing CEO Lars Fruergaard Jørgensen as it faces mounting pressure in the weight loss drug market....

U.S. Mortgage Rates Surge Past 7% After Credit Downgrade

After several weeks of relative stability, mortgage rates in the U.S. jumped on Monday, triggered by Moody’s downgrade of the U.S. credit rating late...

Wynn Resorts Withdraws from New York Casino Bid Amid Prolonged Challenges

Wynn Resorts has officially withdrawn from its efforts to secure a casino license in New York, ending a years-long bid to develop a luxury...

USTA Launches $800 Million Plan to Modernize U.S. Open Facilities

The United States Tennis Association revealed plans on Monday for an $800 million investment to transform the infrastructure supporting the U.S. Open, marking the...

Jamie Dimon Warns of Market Complacency Amid Rising U.S. Economic Risks

JPMorgan Chase CEO Jamie Dimon issued a strong warning Monday about the risks posed by mounting U.S. deficits, global trade tensions, and what he...

CBS News CEO Wendy McMahon Resigns Amid Tensions with Paramount Global

CBS News CEO Wendy McMahon announced her resignation on Monday, marking a dramatic shift in the ongoing internal conflict between CBS News and its...

Manus AI Opens to the Public Amid Growing Competition and New Funding

Manus AI, a rapidly emerging general-purpose AI agent, has opened its registration to the public, moving away from its previous wait-list system. This change...

Concerns Raised Over DeepSeek AI in Chinese Hospitals Amid Safety and Privacy Risks

A group of researchers in China has expressed concerns over the rapid adoption of DeepSeek’s artificial intelligence models in hospitals, citing significant risks to...

Shenzhen Launches 5 Billion Yuan Fund to Boost Semiconductor Industry amid Geopolitical Tensions

Shenzhen, a major technology hub in southern China, has launched a dedicated semiconductor industry fund worth 5 billion yuan (approximately US$692.5 million) to bolster...

China Expands Financial Opening with Nansha as New Financial Hub in Greater Bay Area

China has introduced new measures to develop Nansha, located in the southern Guangdong province, into a financial pilot zone. This move makes Nansha the...

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