Aarav Shen

Aarav Shen covers world news and global markets for Beijing Times, reporting on geopolitics, economic policy, and the forces shaping international affairs.

Hong Kong Stocks Rise Amid Trade Optimism and Strong Tech Earnings

Hong Kong stocks saw significant gains on Friday, driven by optimism surrounding potential trade talks between China and the US, as well as strong...

Hong Kong Banks Offer Exclusive Incentives to Attract Mainland Chinese Wealthy Clients

Hong Kong banks are intensifying their efforts to attract wealthy mainland Chinese clients, offering a range of incentives such as tickets to high-profile football...

U.S. Employment Growth Expected to Slow in April Amid Tariff Uncertainty

U.S. employment growth is expected to slow down in April, with the jobless rate remaining steady, reflecting a healthy yet moderating demand for labor....

Temu Adjusts Business Model in the U.S. Amid Tariff Changes and Policy Shifts

Temu, the shopping platform owned by Chinese e-commerce giant PDD Holdings, has adjusted its business model in the U.S. in response to retaliatory tariffs...

Australian Dollar Leads Gains as U.S.-China Trade Talks Boost Market Sentiment

The Australian dollar led the charge against the U.S. dollar on Friday, boosted by signals of a potential thaw in trade relations between the...

Oil Prices Rise Slightly on U.S.-China Trade Talk Hopes Amid OPEC+ Supply Concerns

Oil prices saw a slight uptick on Friday following news that China was open to discussing tariffs with the United States, fueling optimism that...

Chinese Car Manufacturers Adapt to EU Tariffs with Increased Sales of Plug-in Hybrids

Chinese automakers, including BYD and Chery, have ramped up sales of plug-in hybrid vehicles (PHEVs) in the European Union as a strategy to bypass...

JetBlue Pilot Union Opposes Domestic Partnership with United Airlines

JetBlue Airways is facing opposition from its pilot union over a proposed domestic partnership with another airline, which the union argues could significantly alter...

Trade Tensions and Global Markets: De-Escalation Hopes Boost Risk Sentiment

Markets were given a boost on Friday by the prospect of de-escalation in trade tensions between Beijing and Washington, lifting global stocks and improving...

Basel Committee Defends Swiss Bank Capital Rules Amid UBS Concerns

The head of the Basel Committee on Banking Supervision, Neil Esho, defended Switzerland's current bank capital rules, countering claims by UBS that tougher regulations...

Standard Chartered Reports 10% Profit Rise Despite Geopolitical Concerns

Standard Chartered reported a 10% rise in its first-quarter profit, driven by strong performances in wealth, markets, and other fee-based businesses, which helped offset...

Danske Bank Reports Strong Q1 Profits and Resilient Nordic Market Outlook

Danske Bank, Denmark’s largest lender, reported better-than-expected first-quarter profits, which boosted its shares. The bank’s net profit for the period between January and March...

Carlyle Group Sells 10.44% Stake in PNB Housing Finance via Block Deals

The Carlyle Group, a U.S.-based private equity firm, has divested its entire 10.44% stake in India’s PNB Housing Finance through a series of block...

Mitsubishi Corporation Predicts 26% Drop in Profit for Fiscal Year Ending March

Mitsubishi Corporation, Japan’s prominent trading house, announced on Friday that it expects its net profit for the fiscal year ending March to decrease by...

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