Companies

Super Micro Surges Premarket on Strong Outlook, H&R Block Jumps on Earnings

Super Micro Computer shares jumped premarket after raising its outlook, while H&R Block surged on strong earnings and CoreWeave and Coherent posted big mov

US Mortgage Rates Stop Rising, Nudging Homebuyer Demand Back

US mortgage rates eased slightly this week, halting a run of increases and drawing modest homebuyer and refinance demand back into a subdued market.

Eli Lilly Sues Six Companies Over Illegal Sales of Experimental Obesity Drug

Eli Lilly has sued six companies for allegedly selling versions of retatrutide, an experimental obesity drug still under clinical development and unapprove

Tencent Beats Revenue Estimates on Games and AI Ads Despite 26% Stock Slide

Tencent topped revenue expectations on gaming and AI-driven advertising, even as shares fell 26% amid rising AI spending and fierce competition in China.

FlightAware Withdraws Lawsuit Against Kalshi Over Flight-Cancellation Betting Markets

FlightAware has dropped its lawsuit accusing prediction-market platform Kalshi of using its data without authorization to power flight-cancellation betting

Midea Group to Enhance Competitive Edge in Brazil with New Factory

Midea Group, a Chinese home appliance maker, has announced its latest move to expand its presence in Brazil with the groundbreaking ceremony for its...

Hsu Fu Chi Leads Innovation in Healthy Snacks with New Research Center

Hsu Fu Chi, a snack maker based in Dongguan, Guangdong province, has partnered with the South China University of Technology to establish a healthy...

Pernod Ricard opens four boutique stores in Hainan Free Trade Port

Pernod Ricard, the French wine and spirits group, is optimistic about China's growing economy and has plans to expand its investments while focusing on...

Shenzhen Stock Exchange’s Little Giants Show Strong Momentum in 2022

According to a report by China Securities Journal, the Shenzhen Stock Exchange's A-share companies are on track to make significant profits in 2022. The...

Ethiopian Airlines celebrates 50th anniversary of first flight to China

Ethiopian Airlines, Africa's leading and fastest-growing airline, is celebrating the 50th anniversary of its first flight to China, marking an important milestone in the...

SUEZ to Boost Investment in China’s Water and Waste Management Market

SUEZ Group, a leading French environmental solutions provider, plans to deepen its investment in China's water and waste management market. This move is in...

Realme’s latest GT Neo 5 SE aims to gain larger market share among gamers in China

Chinese smartphone brand Realme is making a push to grab a larger share of the world's largest smartphone market with its latest handset, the...

Adisseo Group Targets China’s Aquaculture Market with New Protein Factory

Adisseo Group, a subsidiary of State-owned Sinochem Holdings Corp Ltd and a France-based animal nutrition provider, is set to launch a protein factory in...

Kweichow Moutai Retains Top Spot as Most Valuable Chinese Brand for Fifth Year in a Row

Kweichow Moutai has once again secured its position as the most valuable Chinese brand for the fifth year in a row, with a brand...

LONGi Partners with ATP Tour as Official Solar Energy and Hydrogen Partner

Green Energy Technology Co Ltd has announced its partnership with the Rolex Shanghai Masters and the ATP Tour as the official solar energy and...

L’Oreal bullish about China’s economic prospects, sees potential opportunities in the market

Fabrice Megarbane, the president of L'Oreal North Asia Zone and CEO of L'Oreal China, has expressed L'Oreal's confidence and optimism towards China's short and...

Advanced Tunneling Technology Used in China’s High-Speed Railway Construction

State contractors in China have demonstrated their expertise in infrastructure construction with the successful completion of a major railway tunneling project. The China Railway...

China Everbright Bank Targets Sustainable Growth with Credit Support Plan for 2023

China Everbright Bank has announced its plan to increase credit support for the real economy in 2023. The bank aims to prioritize credit growth...

China Continues Push to Develop Homegrown Chip Industry with New Tax Policies

China has released its latest preferential tax policies for chip companies in 2023, as part of its broader push to encourage the development of...

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